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377 articles found
Latest
$860M JUP Airdrop Gets Green Light from Jupiter DAO
The decentralized governance of Jupiter Exchange on Solana has approved the distribution of $860 million worth of JUP tokens in a secure airdrop.
Forbes’ "Zombie Tokens" Make an Unexpected Comeback
The news page Wu Blockchain, managed by Colin Wu, notes on X that most "Zombie Tokens" from Forbes’ March 2024 list have seen significant upward movement.
Hyperliquid’s HYPE Token Soars Past $1.6 Billion in Market Cap
On November 29, Hyperliquid unveiled its native token, HYPE, during a token generation event. The coin has since reached a market cap of $1.6 billion, securing 80th place in the global rankings and outpacing tokens like Jupiter, Lido DAO, and Flow.
Solana Dominates New Token Launches with 89% Share
While Bitcoin grabs attention with record-breaking price rallies, Solana quietly takes the lead in hosting newly launched tokens. As of now, 89% of all new projects have chosen Solana as their starting point.
DeFi Tokens Surge 20% on Trump’s Anticipated Election Win
Several DeFi sector cryptocurrencies posted daily gains exceeding 20% after Donald Trump appeared as the clear winner of the U.S. presidential election on November 6. Investors are optimistic that the new White House administration will foster a more favorable climate between regulators and the crypto industry.
Top 10 Popular dApps and Tokens on Base to Watch in 2024
There’s been some buzz around Base since its launch in August 2023. The blockchain, developed by the crypto exchange Coinbase, is now among the top 10 largest by Total Value Locked (TVL) across different dApps.
Gotbit Founder Faces Up to 20 Years in Prison
The U.S. Department of Justice has filed charges against Aleksei Andriunin, the 26-year-old Russian founder of Gotbit, alleging his involvement in a large-scale cryptocurrency market manipulation scheme. According to investigators, Gotbit provided services that artificially boosted trading volumes for tokens of various crypto companies, including some based in the U.S., with the intent to manipulate prices.
"Golden" Tokens XAUT and PAXG Reach New All-Time Highs
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.
Hyperliquid Plans to Airdrop HYPE Tokens Before HyperEVM
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.
Optimism L2 Blockchain Announces Its 5th Airdrop
On October 9, 2024, the Optimism L2 blockchain team announced their 5th airdrop. As part of this event, 10.2 million OP tokens (roughly $16 million at current prices) will be distributed to 54,000 users.
Sotheby’s Michael Bouhanna and Insider Trading
As the memecoin craze spreads, some see an opportunity not just to trade but to create their own tokens. This appears to be the case with Michael Bouhanna of Sotheby’s and the BAN (Comedian) token launch.
SunPump Adds Live Streaming Feature
SunPump, the Tron-based meme token launch platform, added a live streaming feature in partnership with DLive. Users can now link DLive streams directly to tokens on SunPump.
$58,000 From Memecoins: Teen Strikes Gold on pump.fun
pump.fun user @Fi2hrx, revealed to be a high schooler, created Gen Z Quant (ticker QUANT) on November 20. Promoting his coin via livestream, he managed to sell 51 million tokens for $29,600.
Zerion’s ZERO Blockchain: A No-Fee Innovation
The developers at Zerion have rolled out the mainnet for their L2 blockchain, ZERO, enabling wallet users to issue, trade, and transfer tokens without gas fees, powered by zero-knowledge proof (ZK) technology.
Avalanche Buys Back $53 Million in AVAX Tokens from LFG
The Avalanche Foundation has finalized the acquisition of 1.97 million AVAX tokens from the liquidated Luna Foundation Guard (LFG). LFG initially acquired these tokens to support the Terra blockchain ecosystem during its active period.
Crypto Scandal: Coinbase Accused of Sky-High Listing Fees
Tron founder Justin Sun and Yearn Finance founder Andre Cronje allege that Coinbase demanded multi-million dollar fees to list their tokens on its platform, while Binance, for instance, charged them nothing.
A Tool to Spot Crypto Scams: What Is Bubblemaps?
One of the key advantages of public blockchains is transparency. You can analyze data, see how tokens are distributed and what transactions are happening. Bubblemaps is a tool created to simplify crypto research.
World Liberty Financial Targets $300 Million in Fundraising
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.
Sui Under Fire: Insider Trading or Misunderstanding?
The Layer 1 blockchain Sui is at the center of a controversy following allegations of insider trading. Some users allege that insiders connected to the project managed to make substantial profits from a surge in SUI’s price, selling their tokens just before the broader market correction.
Caught Red-Handed: FBI Uses Fake Project to Bust Market Makers
FBI agents set up a fake company called NexFundAI, which issued several tokens on the Ethereum blockchain. The aim was to stage a trap to expose market makers involved in market manipulation and catch the fraudsters red-handed.
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