Tag: Token

Optimism Proposes 50% OP Token Buybacks Starting February

Key Notes The proposal redirects 50% of Superchain revenue, totaling 5,868 ETH annually, toward monthly OP token purchases for treasury. Superchain processes 13% of all blockchain transactions but OP token historically showed no correlation to network performance. Community feedback supports the alignment strategy though concerns remain about 1.69 billion OP in outstanding token allocations. The Optimism Foundation rolled out a new governance proposal to enable OP OP $0.32 24h volatility: 0.1% Market cap: $617.88 M Vol. 24h: $92.84 M buybacks from 50% of the Superchain’s revenue. This proposal will be…

Solana Seeker Phone Users Can Claim SKR Token on Jan. 21

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Solana Mobile said its highly anticipated SKR token will launch on Jan. 21, with Solana Seeker smartphone users in the running to claim up to 20% of the token via airdrop. Solana said on Wednesday that the launch for SKR would start on Jan. 21 at 2 am UTC, and will let users delegate their tokens to “Guardians,” which will secure the Solana network while verifying devices and curating the decentralized app store.  Users will earn rewards in exchange for delegating the tokens and will also be able to access various…

Coinbase to List Solana’s Leading DEX Token RAY Plus 3 Other Cryptocurrencies

Key Notes Coinbase now tracks nine potential listings, including Solana DEX protocol Raydium and DePIN project Energy Network among the latest additions. RAY and ENERGY operate on Solana while ELSA and FUN run on Base, with specific contract addresses provided for accurate identification. Trading launches remain conditional on adequate market-making partnerships and sufficient technical infrastructure being established. Coinbase added four cryptocurrency tokens to its listing roadmap and plans to execute the trading launch once they meet certain conditions. The four tokens include Solana’s decentralized exchange Raydium (RAY), Energy Dollar (ENERGY),…

Flow Details December Exploit that Led to $3.9M in Counterfeit Token Losses

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The Flow Foundation on Tuesday published a technical post-mortem detailing a protocol-level exploit that occurred on Dec. 27, when an attacker was able to counterfeit tokens on the network, resulting in about $3.9 million in confirmed losses before the exploit was contained. According to the report, the attacker exploited a flaw in Flow’s Cadence runtime that allowed certain assets to be duplicated rather than minted, bypassing supply controls without accessing or draining existing user balances. Validators coordinated a network halt within six hours of the first malicious transaction, while exchange…

Telegram Sells $450M In Toncoin As Token Plunges: Report

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Update (Jan. 6, 1:20 pm UTC): This article has been updated with a statement from Telegram. Cryptocurrency-friendly messenger Telegram boosted its operating revenue in 2025 as it explores a potential initial public offering (IPO). Telegram’s revenues hit $870 million in the first half of 2025, up 65% from $525 million a year earlier, the Financial Times reported on Tuesday, citing unaudited financial statements. About a third of that, or $300 million, came from “exclusivity agreements,” linked to earnings related to Telegram-connected cryptocurrency Toncoin (TON). The report also said that $500…

VIRTUAL Rallies 28% as AI Token Sector Leads Crypto Market Recovery

Key Notes VIRTUAL posted weekly gains of 64.56% as traders rotated capital into Base blockchain and AI agent tokens. – Trading volume jumped 172.62% to $427.59 million while the broader ecosystem tokens also rallied alongside the platform’s native asset. – Market liquidations reached $522.26 million with short positions accounting for $438.07 million as sentiment remained in fear territory at 26. VIRTUAL VIRTUAL $1.10 24h volatility: 22.8% Market cap: $722.98 M Vol. 24h: $432.28 M , the native token of AI platform Virtuals Protocol, posted a 27.84% gain over the past…

RENDER Price Surges 74% in 7 Days as AI Token Gains Traders Attention

Key Notes RENDER rallied from $1.28 to $2.23 despite trading well below its March 2024 peak of $13.53, currently ranked 96th by market cap. Trading volume jumped 29.5% to $260.42 million while broader crypto markets showed fear sentiment with liquidations reaching $298.5 million in 24 hours. Analysts highlighted RENDER’s outperformance against AI sector peers, with commercial adoption including GPU rendering for major entertainment productions. RENDER RENDER $2.24 24h volatility: 15.4% Market cap: $1.16 B Vol. 24h: $251.02 M posted a 74% gain over seven days, rising from $1.28 to $2.23…

Infinex Announces Token Sales Changes in TGE Failure; Insider Trading Concerns

Key Notes Infinex removed the $2,500 allocation cap and switched to a bottom-up distribution model after raising just 14% of its $5M goal. Suspicious Polymarket betting activity emerged hours before the announcement, with new accounts placing large bets suggesting potential insider trading. The crypto wallet app supports over 20 blockchains and combines trading, staking, and NFT features in a single interface. Infinex, a crypto wallet super app, started its long-awaited token sales on January 3, with a worse-than-expected first 24 hours. The team now announced some changes to the token…

$650M in Token Unlocks Incoming: 3 Altcoins Stand Out

Key Notes Over $657 million in altcoins are scheduled to enter circulation this week. HYPE tops one-time unlocks with about $333 million in tokens becoming tradable. The unlock arrives as the crypto market posted gains over the past day. The first full trading week of 2026 opens with a large token supply unlock event. Data from Tokenomist shows over $657 million worth of altcoins are scheduled to enter circulation between Jan. 5 and Jan. 12. Token unlocks raise near-term sell risk because new supply becomes available at once. The impact…

$585M in Token Unlocks Loom

Key Notes The total value of the large tokens expected to be unlocked this week reached $585 million. The crypto community shares concerns over selling pressure. Most of the mentioned altcoins are still far from their all-time highs. Multiple cryptocurrencies will see incoming cliff and linear token unlocks within the next seven days, putting pressure on the investors’ sentiment. According to Wu Blockchain, Hyperliquid HYPE $25.61 24h volatility: 1.2% Market cap: $6.11 B Vol. 24h: $194.22 M , Sui SUI $1.46 24h volatility: 0.5% Market cap: $5.46 B Vol. 24h:…