Astar Network set to burn 5% of total token supply

350M ASTAR tokens have been earmarked for burning, eliminating 5% of the token’s total supply. The tokens were originally intended for the Polkadot parachain program, which has been discontinued.

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What Is Token Unlocking And How It Can Impact Price?

Token unlocking is the release of a certain amount of tokens that were previously locked or restricted from circulation in the cryptocurrency market. These tokens are usually held by project developers or early investors.

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US Judge Throws Out Lawsuit Against Uniswap Over Scam Token Woes

A US judge dismissed a lawsuit by investors against Uniswap, stating that current crypto regulations don't provide a basis for their claim that Uniswap is responsible for their losses from scam tokens.

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Uniswap Labs, VC backers cleared of liability in scam token case as judge dismisses complaint

A judge for the United States District Court of Southern New York dismissed a class action suit against Uniswap in a filing dated Aug. 30. The lawsuit, which targeted Uniswap Labs as well as venture capital defendants Paradigm, Andreessen Horowitz, and USV, claimed that the plaintiffs suffered financial losses due to investing in scam tokens […] The post Uniswap Labs, VC backers cleared of liability in scam token case as judge dismisses complaint appeared first on CryptoSlate.

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Trillions Of Shiba Inu Tokens Leave Crypto Exchanges — SHIB Price Reacts

Last week, Shiba Inu (SHIB), the second largest meme coin by market capitalization, experienced a significant extraction of over 2 trillion SHIB tokens, sparking controversy within the crypto community regarding the token holders and their intentions.

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Top 10 crypto in August 2023: SEI token is main gainer

After a two-week slump pushing the global crypto market cap to $1.03 trillion, a resurgence led by tokens like Sei, CyberConnect, and Akropolis elevates it to $1.1 trillion. The crypto ecosystem has been struggling over the past two weeks, with…

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EOS Network's Token Receives Trading Approval in Japan, EOS Surges Nearly 10%

Under the Payment Services Act, the JVCEA and FSA, two financial bodies, closely monitor and regulate crypto-asset providers, requiring a thorough pre-screening process for new tokens.

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dYdX Community Votes on V4 Upgrade Proposal as $14 Million Worth of Tokens Unlock

The dYdX community unanimously votes for the Wintermute proposals, including the adoption of dYdX V4 software, and a $14 million token unlock is imminent. The post dYdX Community Votes on V4 Upgrade Proposal as $14 Million Worth of Tokens Unlock appeared first on BeInCrypto.

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XDC Network (XDC) token jumps as US Treasury Yield (USTY) tokens debuts

The XDC Network (XDC) token price is skyrocketing after a slight dip between August 24 and August 28. Today’s XDC price surge is attributed to the launch of a tokenized US Treasury offering on XDC Network today.

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What Does Xumm’s XRP+ Token Mean for the Future of XRP?

The announcement that the developers behind the Xumm wallet are launching their own sidechain called Xahau Ledger featuring a new token XRP+ seems concerning for the future of XRP. While sidechains and new tokens are not necessarily bad, the way this is being rolled out raises some questions.

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SUI and HBAR Slump Ahead of Latest Crypto Token Unlocks

Both protocols have seen their tokens drop more than ether in daily trading as the next unlocks inch closer.

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PEPE continues to slide: trillions of tokens sent to exchanges

At press time, PEPE was trading at $0. 0000008854, down 18. 06% in 24 hours. The token dropped to a low of $0. 0000008058 after news of trillions of token movement emerged on August 24. The tokens were moved to Binance and OKX among two other major exchanges.

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Magnate Finance Pulls $6.5M Exit Scam on Base L2 Weeks After BALD Token Debacle

Magnate Finance has reportedly exit scammed with $6. 5 million from Coinbase's Base layer-2 network, using price oracle manipulation of DAI and wETH. This follows a $23 million rug-pull involving BALD tokens.

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Curve DAO Token (CRV) touches $0.44 as “slow bleed” continues

Curve DAO Token (CRV) price fell to lows of $0. 44 on Wednesday as most crypto tokens lost recent gains. CRV price has declined by 17% this past week. Analysts point to potential declines to liquidation level below $0.

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Chainlink vs. Stellar vs. Borroe: Decoding the Best Bet for Skyrocketing Profits!

Chainlink (LINK) and Stellar (XLM) signed strategic partnerships in July 2023, and both tokens recorded price surges. Even though Chainlink (LINK) is still on an upward trajectory in August, Borroe ($ROE) is the only token offering investors reliable ROI.

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Crypto Scammers Cashing In Big Time as Fake Friend Token Pumps Over 600%

The crypto community has witnessed a surge in the popularity of certain tokens, particularly those associated with trending themes or memes. One such token that has garnered attention is related to the FRIENDTECH trend.

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Shiba Inu burn rate soars despite Shibarium concerns

Shiba Inu (SHIB) has witnessed an impressive increase in token burns in the past 24 hours, with over 1 billion tokens incinerated. This heightened burn rate comes despite the mounting concerns surrounding the Shibarium mainnet launch. Data from Shibburn, the…

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Shiba Inu burn rate up 800%: 1.8 billion SHIB tokens burned

The Shiba Inu (SHIB) token has been on a bear trend following the unsuccessful Shibarium launch. SHIB’s value has dropped by 22. 3% over the last seven days almost erasing all the last month’s gains.

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Market Braces for Over $120 Million Worth of Token Unlocks This Week

More than $120 million worth of crypto tokens will be unlocked this week, including Avalanche (AVAX), Space ID (ID), Yield Guild Games (YGG), and Lido DAO (LDO). The post Market Braces for Over $120 Million Worth of Token Unlocks This Week appeared first on BeInCrypto.

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Institutions selling Arbitrum (ARB) tokens amid prolonged downtrends

Arbitrum, a leading Ethereum-based layer2 chain, had its native token ARB exhibiting bearish actions since April 2023. Meanwhile, institutions seem ready to trim their holdings as they transfer ARB to centralized exchanges (CEXs).

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Bitget and crypto influencer embroiled in legal saga after Reel Star token listing fiasco

Evan Luthra says Bitget froze his account in April. The exchange claims it was done on suspicions of market manipulation related to the sale of REELT tokens.

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Mantle blocks FTX from converting $43m in BIT tokens to MNT

Mantle DAO community member proposed restricting FTX from converting $43 million in BitDAO tokens to MNT amid ongoing token migration. A community member within the Mantle decentralized autonomous organization (DAO) has initiated a discussion proposing to restrict the collapsed FTX…

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Binance to convert all New Bitshares (NBS) token balances to USDT before year ends

Binance periodically reviews its listed tokens to ensure they continue to meet the high level of standard we expect. The New Bitshares (NBS) token was delisted by Binance in October last year. At press time, the NBS token was trading at $0.

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Sonik Coin Launches Presale, Wall Street Memes Hits $24 Million, Shibarium Token Continues Price Rise

It’s been an eventful week in the meme coin market, with new entrant Sonik Coin ($SONIK) kicking off its public presale, offering tokens for just $0. 000014. Meanwhile, trending token Wall Street Memes ($WSM) has hit the $24 million fundraising milestone in its presale, while Shibarium Token ($SHIBARIUM) has capitalized on the ongoing Shiba Inu hype.

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CYBER Token Claims Top Spot on CoinMarketCap After Binance Debut – But Will the Hype Last?

The CyberConnect (CYBER) token went live on the Binance cryptocurrency exchange on August 15th at 12pm UTC. Binance announced it would list 3 million CYBER tokens, representing 3% of the total token supply, through its Launchpool platform.

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ApeCoin, Oasis Network, Injective prepare for token unlocks

ApeCoin will unlock tokens worth over $31. 4 million this week. Oasis Network will also unlock tokens worth over $8 million. Injective will also release more tokens this week. Some of the most popular cryptocurrencies are having their token unlock events this week.

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The Sandbox Unlocks 332 Million Tokens as Price Continues Long-Term Decline

SAND token unlock causes modest drop in price.

The post The Sandbox Unlocks 332 Million Tokens as Price Continues Long-Term Decline appeared first on BeInCrypto.

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Sandbox Whales Deposit To Exchanges As 332M SAND Gets Unlocked

On-chain data shows The Sandbox whales have made large deposits to exchanges as 332 million tokens of the asset have become unlocked. The Sandbox Exchange Inflow Has Registered A Large Spike Recently Today was The Sandbox’s token unlock day, meaning that a particular portion of the cryptocurrency’s supply that had been locked until now has […]

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Metaverse project The Sandbox unlocks $133M worth of tokens

The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisers.

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3 Must-Buy Crypto Tokens for That Rare 10x Growth

To have at least one token in your portfolio that goes 10x is something that everyone wants. It can be hard to find these tokens, as you really can’t tell with certainty whether a particular crypto asset is going to the moon or not.

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Chancer’s presale. Is it a bullish bet in 2023 and the future?

Chancer launched a presale of its token on June 13, 2023. Investors bought $1. 33 million of the tokens two months after the launch. The sale happens amid growing enthusiasm for its social betting platform powered by blockchain.

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Sandbox: Holders leave nothing to chance as they distribute tokens ahead of unlock

In less than two hours, 332.55 million SAND tokens will be released into circulation. Ahead of this, SAND holders have increasingly distributed their tokens.  Ahead of its next token unlockThe post Sandbox: Holders leave nothing to chance as they distribute tokens ahead of unlock appeared first on AMBCrypto.

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Crypto Analyst Shares Bullish Insights On Chainlink As Users Accumulate 295 Million LINK

Chainlink (LINK) has been one of the top trending tokens in recent weeks due to a combination of an overall positive price movement as well as exciting on-chain developments.   Following a recent buying spree in the LINK market, crypto analyst Ali Martinez has taken to social media platform X, providing some insights on the token’s potential price action.

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Worldcoin unlocks tokens for unverified users

The iris-scanning cryptocurrency initiative, Worldcoin, has introduced the ability for unverified users to secure their WLD tokens. The Worldcoin project recently revealed that the World App has integrated a reservations feature, simplifying the token reservation process for individuals who wish…

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Crypto Influencer Lil Tay Launched a Token After Her ‘Death’

Lil Tay, who reportedly died this week, had two tokens under her name. One of them may be a scam. The post Crypto Influencer Lil Tay Launched a Token After Her ‘Death’ appeared first on BeInCrypto.

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Regulatory-compliant US Treasury tokens on the rise as DUST launches on Singapore DEX DigiFT

Decentralized exchange (DEX) DigiFT has launched a regulatory-compliant tokenized version of the U. S. Treasury known as DUST, according to an Aug. 10 press statement. The Singapore-licensed crypto platform stated that the token was backed by a single U.

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Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday's $133M Token Unlock

As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had already emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.

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After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey Is Bullish on Smart Tokens

The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.

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Aptos Token Surges on Microsoft Partnership Ahead of APT Supply Unlock

Some $33 million worth of the tokens are set to be unlocked and tradeable on the open market.

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SEI Token Could Reach Nearly Half a Billion Market Cap on Binance Debut

Decentralized exchange Aevo rolled out a new product on Wednesday that allows traders to express bullish/bearish view on tokens awaiting an exchange listing.

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Crypto Venture Capital Firm’s X Account Hacked to Promote Token Claim Scam

The X (Twitter) account of Blockchain Capital, a venture capital firm focused on cryptocurrencies, was hijacked by scammers aiming to entice users with a fraudulent token claim scheme. On August 9, several messages emerged from Blockchain Capital’s account, promoting a giveaway of tokens called “BCAP.

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Early Base Whales Have an Affinity for Meme Tokens, Nansen Says

The top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token.

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Blockchain Capital’s Twitter account hacked 

The Twitter account of Blockchain Capital has been hacked by scammers trying to trick users with the promise of a new token claim. The hackers used the company’s Twitter account to make fake posts about a giveaway of “BCAP” tokens. …

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XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment

Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan.

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Sandbox Set For $133 Million Token Unlock, A Bearish Trigger For SAND Price?

Decentralized gaming platform, The Sandbox is set to execute a SAND token release valued at $133. 86 million. According to data from TokenUnlocks, Sandbox will release 332. 55 million SAND tokens into circulation on August 14, representing 16.

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Is 2023 The Year of Meme Coins? These 3 Meme Tokens Are Going to Outperform The Market

If there’s one type of token that has had a highly successful 2023, it’s meme coins. Just take a look at the likes of PEPE, which brought so much revenue for holders. The crypto community is eager to find the next such token, and there are currently a few out there that are showing the […] The post Is 2023 The Year of Meme Coins? These 3 Meme Tokens Are Going to Outperform The Market appeared first on CaptainAltcoin.

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Kraken listing sends Reddit community tokens to the moon

The r/FortNiteBR Bricks (BRICK) token hit a high of $0. 1792 after a 443% surge today. The r/CryptoCurrency Moons (MOON) token hit a high of $0. 498 after a 48% surge today. The two Reddit community tokens are rising after Kraken announced it will list the two coins.

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Exchange tokens to consider in 2023: BNB, KuCoin, and Tradecurve

Crypto is evolving but based on on-chain data, BNB (BNB), KuCoin Token (KCS), and Tradecurve's TCRV appear potent

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Terra Luna Token Burn Proposal Greenlit – Could $1 Be Hittable?

Terra Luna has seen the successful approval of community proposals 11658 and 11660, authorizing the retrieval and subsequent incineration of a total of 800 million USTC. The prevailing sentiment within the community leans towards directing these USTC tokens towards the burn address as opposed to reintegrating them into the community pool.

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