Tag: Token

How To Create A Crypto Token

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The creation of a crypto token marks the beginning of an exciting venture in the digital currency space. This comprehensive guide is designed to walk you through the journey of how to create a crypto token, from the initial concept to its final launch. Whether you are wondering how to create a DeFi token or how to create a meme token, or another type of digital asset, we cover all the essentials you need to know. We’ll delve into the specifics of each developmental phase, address how much does it…

Helium Token Balloons To 85% For A Yearly High

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After rising sharply from the $2.00 bottom, Helium (HNT) demonstrated a strong upswing that further fueled the market’s positive attitude and increased the momentum of the advance. This week has witnessed bull action for the Solana-based Helium Network’s HNT coin, which has seen a 70% weekly rise to $4.86. Based on the most recent data, HNT, which has a market cap of about $700 million and an amazing $10 billion in trading volume as of press time, quietly touched a yearly high of $5.12 over the weekend after seeing a…

Coinbase Base Gets Its First Token as Seamless Protocol Unveils ERC-20 SEAM Token

Seamless Protocol, a prominent project within Coinbase’s Base ecosystem, has launched its governance tokens for trading on the crypto exchange under the ticker SEAM starting at 18:00 UTC on Monday, December 11. As a leading lending and borrowing protocol on the layer-2 blockchain, Seamless boasts a substantial total value locked (TVL) exceeding $10 million. SEAM, the inaugural Base token, will debut on Coinbase. The distribution of SEAM occurred through an airdrop, rewarding users based on their engagement with the Seamless platform, including activities like providing funds to pools and participating…

The Sandbox Unveils New ERC-1155 Token CATALYSTs on Polygon to Empower Creators

The Sandbox introduces CATALYST tokens on Polygon, replacing gems in NFT minting. These ERC-1155 tokens enable users to mint, monetize, and sell creations, enhancing platform capabilities. In a significant move within the metaverse, The Sandbox introduces CATALYSTs, ERC-1155 tokens aimed at empowering creators. These tokens enable users to mint ASSETs with defined rarity and properties across five tiers. The all-new CATALYSTs tokens on Polygon Layer 2, serve as a replacement for gems in the NFT minting process. These ERC-1155 tokens also empower users to mint, monetize, and sell their creations,…

KyberSwap exploiter linked to $50M HXA token movement

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Blockchain security firm Cyvers detected a movement of $50 million in HXA tokens, the native utility token of the Herencia Artifex NFT project, linked to the KyberSwap exploiter.  The KyberSwap exploiter’s address got these tokens from an Ethereum address using the “transfer from function.” Decentralized application (DApp) users commonly use the “transfer from” function. It refers to a mechanism by which one party (sender) can transfer or send tokens from the balance of another party (owner) to a third-party address. However, improper use or vulnerabilities in implementing such functions can…