On October 18, 2024, Singapore’s DBS Bank introduced DBS Token Services, a cutting-edge blockchain solution designed to enhance traditional banking services and improve the experience for its institutional clients.
Hyper Foundation announced the upcoming airdrop of HYPE, a native token for the Hyperliquid blockchain ecosystem. Eligible users will receive the tokens in their wallets at the Genesis Event, with the final date to review and accept the event’s terms set on November 11, 2024.
The AI bot "Truth Terminal," backed by a16z, has been the driving force behind the sharp surge of the relatively unknown meme token GOAT. In just a few days, GOAT skyrocketed by nearly 1000%, pushing its market cap to $150 million.
Scroll has shared the tokenomics for their upcoming token in a recent Twitter post.
BitMEX co-founder Arthur Hayes discussed issues connected with token launches in the current crypto market.
Moo Deng, a baby hippo that became known on the internet has a crypto token inspired by it.
Flare has emerged as a new top gainer in the cryptocurrency market. The native token FLR surged by 16%, nearly tripling the growth of its nearest competitor.
On October 18, Tether Gold (XAUT) and Pax Gold (PAXG), cryptocurrency tokens tied to the price of physical gold, reached historic highs. XAUT hit $2,715.92, according to Coingecko, while Paxos' gold-backed token peaked at $2,723.
In a few hours, World Liberty Financial successfully sold over 340 million WLFI tokens, generating approximately $5.5 million. The sale saw 3,000 unique wallets become token holders. However, the platform faced multiple issues, including lags and system errors, caused by a surge in demand.
The economy of Uniswap, a leading decentralized exchange, is about to change. Michael Nadeau, the founder of the blockchain research services The DeFi Report, wrote on X that the platform and UNI token holders will begin to benefit from network activities.
Binance has officially announced the 60th project on its Launchpool featuring Scroll (SCR). Pre-market trading for the token will start on October 11.
The morning of October 7 saw a dramatic drop in the price of Bitget’s BGB token, plummeting from $1.14 to $0.064. While the price bounced back relatively quickly, several traders were affected by the volatility.
Sonic, a Layer 1 blockchain (formerly Fantom), is gearing up to distribute its new S token to loyal users through a unique airdrop. Sonic Labs will release about 200 million tokens, incorporating a deflationary mechanism based on a linear burn model.
The EigenLayer (EIGEN) token was listed on major exchanges as of October 1st. Investors can now access this cryptocurrency, and airdrop recipients are already reaping their rewards.
The Connect Token (WCT) serves as the native token of the WalletConnect Network, aimed at securing and upholding the network's decentralization. WCT will be utilized for payments, rewards, staking, and governance voting.
Polygon PoS transitioned to using POL as the native token for gas fees, replacing MATIC, in the first stage of the token migration announced last year.
