Tag: Token

Binance Halts Some Token Transfers Ahead of Ethereum Upgrade

Key Notes Binance plans on temporarily suspending deposits and withdrawals on some networks. Users will not be able to deposit and withdraw tokens based on Ethereum networks during this period. Trading is not affected by the suspension. Cryptocurrency exchange Binance intends to briefly halt deposits and withdrawals for select tokens on May 7, 2025, starting around 09:45 (UTC), in order to accommodate the Ethereum network upgrade and hard fork, aiming to maintain optimal user experience Binance disclosed that it plans on temporarily suspending the deposits and withdrawals of tokens based…

21Shares launches ETP for Crypto.com’s Cronos token

21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.com’s Cronos token, the asset manager said.  The ETP is listed on Euronext’s Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement.  Cronos (CRO) is a layer-1 blockchain network affiliated with Crypto.com, a centralized exchange.  The chain is designed to integrate with the Ethereum and Cosmos ecosystems and support “decentralised finance (DeFi), NFTs, and Web3 applications,” 21Shares said.  The ETP aims to provide investors with a “straightforward way to integrate CRO into their…

Sky pitches ousting Maker token, enabling staking, to complete upgrade

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Decentralized finance (DeFi) lending platform Sky has pitched a proposal to finalize its upgrade from Maker by replacing its governance token and enabling staking. The proposal, posted on May 1 to Sky’s decentralized autonomous organization (DAO) forum, would see the Sky (SKY) token take over the Maker (MKR) token as the protocol’s governance token. If the DAO accepts, the change would be slated to take place around May 15 to May 19 and downgrading from SKY to MKR would also be disabled. Sky co-founder Rune Christensen said in response to…

Coinbase suspends trading for MOVE token

Crypto exchange Coinbase has announced it will suspend trading of Movement Labs’ native token effective May 15. The decision was shared in a May 1 post on X, with Coinbase citing the token’s failure to meet its listing standards. According to CoinMarketCap, the MOVE token declined by 13.6% in the last 24 hours. Coinbase announced: “Trading for MOVE will be suspended on Coinbase, Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime. We have moved our MOVE order books to limit-only mode. Limit orders can be placed and canceled, and…

Ethereum to simplify crosschain transactions with new token standards

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Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow different rules. “The result? A messy, inconsistent experience that breaks cross-chain UX,“ Wonderland stated. Wonderland is a group of developers, researchers and data scientists focused on improving the Ethereum DeFi ecosystem. The organization partnered with…

Crypto token failures soar, with 1 in 4 launched since 2021 dying in Q1: CoinGecko

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About one in four crypto tokens launched since 2021 have failed in the first quarter of this year amid a crypto market downturn and token creation becoming easier than ever, says crypto data platform CoinGecko. Since 2021, nearly 7 million cryptocurrencies have been listed on CoinGecko’s token tracking tool GeckoTerminal, and over half, or 3.7 million tokens, “have since stopped trading and are considered failed,” CoinGecko research analyst Shaun Paul Lee said in an April 30 report. “Alarmingly, the first quarter of 2025 alone saw the collapse of 1.8 million…

Mantra links OM token crash to risky crypto exchange policies

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Decentralized finance (DeFi) platform Mantra has called for industry-wide cooperation to reduce investor risks in the aftermath of its OM token crash. On April 30, Mantra published its latest update since the sudden collapse of its OM token, claiming that the incident was “bigger than Mantra.” “Liquidation cascades could happen to any project in the crypto industry,” Mantra CEO John Mullin warned in the post, pointing to the role of “aggressive leverage positions” on exchanges as a broader threat to investor safety. Mantra’s industry-wide call to action is the biggest section in the…

Trump Media considers crypto token and wallet for streaming arm

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Trump Media and Technology Group, the social media conglomerate backed by US President Donald Trump, is considering integrating a crypto token and wallet into its video streaming site, Truth+. “We’re exploring the introduction of a utility token within a Truth digital wallet that can initially be used to pay for Truth+ subscription costs, and later be applied to other products and services in the Truth ecosphere,” Trump Media CEO Devin Nunes wrote in an April 29 letter to shareholders. He added that the crypto token and wallet would be part…

Justin Sun Bets Big On JUST Token, Sees 100x Potential

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Tron founder Justin Sun has set the crypto community abuzz with a very ambitious forecast that JUST (JST) token will grow a hundred-fold. Related Reading Justin Sun Asserts ‘Complete…

Solaxy, BTC bull token, and Pepeto gaining momentum as leading 2025 presale tokens

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BTC Bull Token and Solaxy are gaining traction, but Pepeto may offer even bigger opportunities for investors. BTC Bull Token (BTCBULL) and Solaxy (SOLX) are quickly establishing themselves as standout projects. BTC Bull Token fuses Bitcoin passion with memecoin appeal, rewarding early supporters with Bitcoin airdrops triggered by major price milestones — already pulling in over $5 million.  Meanwhile, Solaxy, priced at $0.001704, is setting a new standard as the first Solana Layer 2 solution,…