Tag: Token

Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15%

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Shares of stablecoin issuer Circle (CRLC) climbed on Monday, rising by 15% to $130 for the first time in nearly a month. The move came after the company disclosed it had raised $222 million in the presale of Arc, the native token tied to Circle’s new blockchain. The funding values Arc at a fully diluted network valuation of $3 billion Circle CEO Maps The Road Ahead Speaking to CNBC in an exclusive interview, Circle CEO Jeremy Allaire framed Arc as more than another crypto launch. He compared blockchain infrastructure to…

Circle Raises $222M ARC Token Presale Led by a16z

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Circle Internet Group agreed to sell 740 million ARC tokens for $222 million in a private placement led by a16z crypto, valuing the Arc blockchain network at $3 billion on a fully diluted basis. The New York Stock Exchange-listed issuer of the USDC stablecoin disclosed the token presale Monday alongside its first-quarter 2026 results, which showed higher revenue and reserve income but lower net income. The round was led by a16z crypto and backed by a consortium including BlackRock, Apollo Funds, ARK Invest, Bullish, General Catalyst, Haun Ventures, Intercontinental Exchange,…

XRP Bulls Drive Token Above $90B Market Cap as Bitcoin Retakes $82,000

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Key Takeaways XRP topped $1.50 on May 10 as bitcoin reclaimed $82,000 during a crypto market rally. Sosovalue reported $34.21M in XRP ETF inflows, lifting XRP market cap above $92.6B. Ripple, Mastercard, and J.P. Morgan-backed XRPL treasury tests as analysts eye a $3.60 setup. ETF Inflows and Exchange Withdrawals Boost XRP Momentum On May 10, XRP breached the $1.50 mark for the first time in nearly two months amid a rare weekend cryptocurrency market rally that also saw bitcoin briefly reclaim $82,000. According to Bitstamp data, XRP nearly touched $1.51,…

Hyperliquid, EdgeX, Pump.fun Return $96M to Token Holders in 30 Days

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Three of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the past 30 days, as the sector’s focus shifts to actual earnings. Hyperliquid led the pack, generating $50.95 million in revenue over the period, all of which went directly to token holders with zero spent on incentives, according to data from DefiLlama. Pump.fun came in second with $22.09 million returned to holders out of $38.81 million in total revenue. EdgeX followed with $23.26 million distributed to holders from $8.26…

Amina Adds Trading, Custody Support for Canton Network Token

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Swiss crypto bank Amina has added custody and trading support for Canton Coin, becoming the first regulated bank to offer services for the token tied to the Canton Network, an institutional-focused network. In a Wednesday announcement, Amina said clients will gain regulated access to the Canton Network, a public blockchain designed for capital markets and tokenized finance. The network was developed by Digital Asset and is backed by the Depository Trust & Clearing Corporation, Visa, BitGo, Goldman Sachs and Citadel. The move allows institutional clients to hold and trade Canton…

World’s first live map of token concentration: InsightX launches Atlas Live

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A new era of on-chain trading transparency. Atlas Live enables traders to analyze token concentration and spot potential rug pulls. Now in real time. Odense, Denmark, May 6, 2026 – InsightX, the on-chain safety and analytics platform, launches Atlas Live, the world’s first real time token holder map. InsightX is best known for Atlas, a holder visualization tool used by millions of traders each month. It simplifies token ownership at a glance, with clustering patterns revealing potential coordinated wallet activity. Atlas is integrated across major platforms including Pump.fun, Axiom, Terminal…

WLFI Token Price Drops 14% After Controversial Token Unlock Proposal Goes to Vote

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The native token of Trump-family-linked World Liberty Financial dropped nearly 14% on Wednesday as a controversial governance proposal that would place over 62 billion WLFI tokens under new multiyear vesting schedules went to a community vote. The proposal was first submitted to the World Liberty governance community on April 15 and officially went live for voting on Wednesday. It proposes locking more than 62 billion WLFI tokens held by early investors and insiders for two years before gradually being released over a span of two to three years.  Voting runs…

Crypto Projects Shut Down as Token Models Fail Under Pressure

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A wave of crypto shutdowns is unfolding across the industry this year, hitting projects from trading platforms to analytics tools. April was no exception, as decentralized email service Dmail said it is shutting down due to high infrastructure costs, failed fundraising and weak token utility. “In prior cycles, projects could extend runway through new issuance or venture support,” Roshan Dharia, a restructuring advisor and CEO of crypto holding company Echo Base, told Cointelegraph. “That path is largely closed, so losses are being recognized earlier, and outcomes are more often wind…

RAVE Token Faces Another 50% Crash Amid Price Manipulation Claims

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RavenDAO’s RAVE token lost over 98% of its value over the weekend, and the hourly chart now warns of another massive drop in the coming days. Key takeaways: RAVE chart hints at 50%-plus drop next On the hourly chart, RAVE continues to trade inside a descending channel, with lower highs and lower lows forming between two downward-sloping trend lines. As of Monday, the spot price was retreating after testing the channel’s upper boundary, a sign that sellers remain active on rallies. If that rejection holds, RAVE could slide toward the…

SEC Charges Donald Basile in $16M Crypto Fraud Over “Insured” Token

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The US Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, accusing him and two companies he controlled of raising about $16 million from investors through false claims tied to a so-called “insured” crypto token known as Bitcoin Latinum. In a complaint filed Friday in the US District Court for the Eastern District of New York, the SEC alleged that Basile ran the scheme between March and December 2021 through Monsoon Blockchain Corp. and GIBF GP Inc., offering investors Simple Agreements for Future Tokens (SAFTs) that…