Token of Hyperliquid Sees Increase as Weekend Iran Surprise Reveals Limited Open Markets
Simply put HYPE increased by around 6% despite some fluctuations over the weekend due to news involving Iran. HyperLiquid took in the initial trading volume as the price movements developed before traditional futures trading kicked back in. Decrypt noted that the unexpected events over the weekend might offer criminals, operating around the clock, a chance […]
AI tool identifies flaw that might have emptied Ripple-related token from wallets
A Bug Found in the XRP Ledger by an AI Tool A security tool powered by AI has identified a significant bug in the XRP Ledger. This vulnerability, if unnoticed, could have enabled an attacker to access funds from any account on the network without needing the victim’s private key. The flaw, disclosed by the […]
Coinbase-Supported Ethereum Network Base to Abandon Optimism Technology as Possible Token Approaches
Simply put The Base network has transitioned from using the open-source Optimism technology stack to new proprietary technology. With these updates, the network plans to implement six hard forks annually, doubling its previous output, with each being more focused. Ethereum’s scaling network will require node operators to migrate in the near future. Base, a Layer […]
New ‘Axie Infinity’ Ethereum Gaming Token Will Be Distributed to AXS Stakers
Simply put Axie Infinity plans to distribute airdropped bAXS, a new token linked to existing AXS tokens, to qualifying AXS stakers. bAXS will serve specific functions within the Axie economy. AXS has seen a 57% rise over the past month but is still down 99% from its peak. Axie Infinity, the blockchain game where players […]
Supporters of Trump invested $550 million in his family’s crypto token and are now hoping to exit.
Trump Fans Invest Big in WLFI Tokens But Face Trading Challenges Supporters of Trump bought $550 million worth of WLFI tokens. Many have yet to trade the majority of their holdings. The project’s founders control who can sell and when. When fans of Trump acquired $550 million in WLFI, a token linked to the Trump […]
Behind the Flawed Introduction of Eric Adams’ New Crypto Token
Eric Adams Launches Cryptocurrency Amid Controversy NEW YORK — One moment, Eric Adams seemed to be gaining momentum. He recently returned from trips to Dubai and the Democratic Republic of Congo, and as a former mayor of New York City, he stood in Times Square on Monday to unveil his first private venture: a new […]
Previous Mayor Eric Adams Took Control of ‘NYC Token’ Idea, Startup Says
Simply put The entrepreneur from the Bronx alleges that former NYC Mayor Eric Adams copied the concept for the New York Token. A pitch deck he shared appears to echo Adams’ recently launched project, introduced on Monday. An Adams spokesperson claimed that no funds were “withdrawn” as the token’s value surged immediately after its launch. […]
Trump media group intends to launch a new token with Crypto.com
The firm behind Donald Trump’s social media platform has announced an initiative to distribute new cryptocurrency tokens to its shareholders, leading to a significant surge in its stock price as the year draws to a close. Trump Media & Technology Group (TMTG), which is managed by Trump’s family, revealed on Wednesday its plans to partner […]
Monad Token Continues Decline Due to Profit-Taking and Concerns Over Fake Transactions
Simply put The token dropped 15% to $0.03, reversing earlier gains from its launch this week. There’s an imbalance in the order book, and decreasing volume suggests early sellers and new short sellers are driving the market down. This decline follows incidents of network impersonation, despite the chain having 150,000 users and a surge in […]
Monad Faces Fake Token Transfers Days After Mainnet Launch
Simply put Users of Monad began reporting spoofed token transfers soon after the mainnet and MON token were launched on Monday. As explained by Monad’s CTO and co-founder, attackers used deceptive ERC-20 events that were mistaken for legitimate transactions. This incident coincided with a spike in MON trading, drawing renewed interest in the blockchain. Just […]