Tag: Token

Justin Sun Slams WLFI Over Token Lockups, Gets Legal Threat in Response

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Justin Sun, the founder of the Tron layer-1 blockchain network, criticized World Liberty Financial (WLFI), a decentralized finance platform co-founded by US President Donald Trumpโ€™s sons, over lengthy lock-up periods for the platform’s governance token. Sun said that he invested โ€œsignificant capitalโ€ in WLFI as an early investor and also said that a March WLFI governance proposal to determine token lock-up periods, in which more than 76% of the voting tokens came from 10 wallets, lacked transparency. In a Sunday post on X, Sun wrote (in translation):ย ย  โ€œThe governance votes…

Aria Token Rebounds From 80% Crash to Hit New All-Time High of $0.95 โ€“ Markets and Prices Bitcoin News

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Key Takeaways: ARIA hit a $0.95 high on April 12, gaining 30% in 24 hours to reverse an earlier 80% market crash. Despite Sentinacleโ€™s audit warnings, ARIA outperformed FET and AGIX as AI agent sector interest grew. Analysts eye a correction as ARIA shows 55% volatility and holds only 18% of its supply in circulation. Price Volatility and Recovery Just days after plummeting by more than 80% within a 24-hour window, the utility token of the gaming platform Aria (ARIA) rallied to reverse its losses, setting a new all-time high…

World Liberty Financial Threatens Tron Founder Justin Sun With Lawsuit as Frozen Token Dispute Goes Public โ€“ Crypto News Bitcoin News

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Key Takeaways: World Liberty Financial publicly threatened Justin Sun with legal action on April 12, 2026, accusing the $75 million WLFI investor of misconduct and a repeated victim playbook. Sun fired back, demanding WLFI team members identify themselves over allegedly secret smart contract controls used to freeze his tokens since September 2025. With WLFI token prices in decline, both sides are now signaling formal legal escalation. Justin Sun Demands WLFI Team Identify Themselves After Project Threatens Legal Action Following Sunโ€™s widely shared critique, WLFI opened the exchange on X, dismissing…

WLD Token Inflation Slows as Sam Altman’s World Cuts Daily Unlock Rate โ€“ Crypto News Bitcoin News

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Key Takeaways: Worldโ€™s WLD token unlock rate will drop 43% on July 24, 2026, cutting daily emissions from 5.1M to 2.9M tokens. Community token unlocks fall 50% to 1.6M WLD per day, while TFH Investor and Team allocations drop 32%. With 3.3 billion WLD in circulation as of April 2026, the rate cut aims to slow inflation ahead of the 2028 vesting end. WLD has lost 97% of its value since March 10, 2024. WLD Tokenomics Update: Daily Emissions Falling 43% Under Existing Onchain Contracts According to the announcement, the…

Senators Probe Trump Token Activity as Political and Financial Risks Emerge โ€“ Featured Bitcoin News

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Key Takeaways: Senators Warren, Schiff, and Blumenthal probe TRUMP token event tied to Mar-a-Lago access model. TRUMP token volatility spiked to $3.08 before a sharp drop, signaling fragile speculative demand. Lawmakers cite $4.3 billion retail losses as TRUMP and MELANIA expose market imbalance risks. Senators Investigate Trump-Linked Memecoin Event Structure A political push to scrutinize crypto-linked presidential activities is intensifying regulatory attention across digital asset markets. The Senate Banking, Housing, and Urban Affairs Committee announced on April 9 that U.S. Senators Elizabeth Warren (D-MA), Adam Schiff (D-CA), and Richard Blumenthal…

TAO Plummets 25% as Bittensor Co-Founder Accused of Using Token Sales to Coerce Compliance โ€“ Markets and Prices Bitcoin News

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Key Takeaways: Covenant AI left Bittensor on April 8, alleging co-founder Jacob Steeves maintains centralized control. TAO plummeted 25% to $253, wiping $650 million in market cap and triggering $9.1 million in liquidations. Future trust in Bittensor remains shaky after Nvidia CEO Jensen Huang recently praised its decentralized AI. Covenant AI Exit and Grievances TAO, the native token of the Bittensor protocol, plummeted following allegations from Covenant AI that co-founder Jacob Steeves has centralized controlโ€”a direct contradiction of the projectโ€™s decentralized mission. Market data shows TAO tumbled nearly 25% in…

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ARIA Token Plummets 80% Moments After Reaching New All Time High โ€“ Markets and Prices Bitcoin News

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Key Takeaways: ARIA crashed over 80% to $0.10 on April 9, moments after the Aria AI token reached a new all-time high. The flash crash slashed $105 million from ARIAโ€™s market cap following Sentinacleโ€™s โ€œblack boxโ€ warning. Sentinacleโ€™s audit of ARIA suggests capital risk remains high due to unverified code and bytecode extraction. Auditor Warnings The utility token of the gaming platform Aria AI, ARIA, plummeted by more than 80% April 9, moments after hitting a new all-time high. Market data shows the token, which traded just below $0.78 around…

Polymarket To Replace USDC.e With USDC-Backed Token In Exchange Upgrade

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Prediction platform Polymarket is overhauling its exchange infrastructure in the coming weeks, introducing a new collateral token and upgraded trading system that give the platform greater control over settlement and risk as it moves toward closer alignment with US regulatory expectations. In an announcement on Monday, Polymarket said it will deploy new exchange contracts โ€” dubbed version 2 โ€” designed to simplify how orders are structured and matched. The upgrade is intended to make trading more efficient and to make it easier for developers to connect apps and trading bots…

Global Pix, Mercado Libre Ends Token โ€“ Crypto News Bitcoin News

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The Central Bank of Brazil has revealed its next steps to keep improving and growing Pix, the ubiquitous instant payment system used by almost all adults in the country. According to local media, the Central Bank plans to launch International Pix, a standard feature that would allow individuals and companies to complete cross-border payments and remittances using the Pix network. While Pix is already available internationally in Argentina, the U.S., and Portugal, this new initiative would make it permanent, interconnecting instant national payment systems and streamlining settlements. Pix already serves…