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Block Street

Block Street

BSB
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DeFi protocol built for tokenized stock utility

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Project Overview

BlockStreet is the first DeFi protocol built for tokenized stock utility, delivering decentralized lending, leverage, and yield opportunities .

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The cryptocurrency market continues to pull back, with BTC falling to $76,000, while only the AI and GameFi sectors remain relatively resilient

According to SoSoValue data, the cryptocurrency market continues to correct, with Bitcoin (BTC) dropping 0.66% to above $77,000, and Ethereum (ETH) declining 0.24% to below $2,300. The AI sector performed notably, rising 0.96% in 24 hours, with Bittensor (TAO) up 4.20%, Unibase (UB) up 18.84%, and SkyAI (SKYAI) up 35.11%. Additionally, the GameFi sector gained 0.40%, with Axie Infinity (AXS) and GALA rising 2.64% and 2.45% respectively.In other sectors, the Layer 2 sector fell 0.06% in 24 hours, but Celestia (TIA) rose 4.05%; the CeFi sector declined 0.44%, with Aster (ASTER) gaining 2.55%; the Layer 1 sector dropped 0.88%, while Humanity (H) surged 26.66% intraday; the Meme sector fell 1.17%, with Pump.fun (PUMP) bucking the trend to rise 6.66%; the PayFi sector decreased 1.21%, with Safe (SAFE) remaining relatively firm, up 1.75%; and the DeFi sector fell 1.48%, with Block Street (BSB) rising sharply by 18.11%.Crypto sector indices reflecting historical sector performance show the ssiGameFi index rising 0.52%, while the ssiMeme and ssiNFT indices fell 2.38% and 2.34% respectively.

Suspected Block Street team address transfers 5 million BSB to Bybit, valued at approximately $3.65 million

According to Arkham data, a suspected Block Street team address has transferred tokens to a Bybit deposit address (0xEcB8...0D51) over the past two hours, with a cumulative transfer of 5 million BSB tokens, valued at approximately $3,653,400. The tokens in this sending address previously originated from the BSB team's multi-signature address.Currently, the circulating supply of BSB is 207.75 million tokens, and the total amount received by this address accounts for approximately 2.41% of the circulating supply. BSB is currently trading at $0.7595, down 9.11% in the past 24 hours, with a circulating market cap of approximately $157.8 million.