Tag: Token

2026 Will Be the Year of the Utility Token

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For Animoca Brands co‑founder Yat Siu, 2025 will be remembered as “the Trump year,” not because US President Donald Trump saved crypto, but because the industry bet too heavily on him and mispriced everything from tariffs to rate cuts. Trump was supposed to be crypto’s cheat code in 2025. Instead, Bitcoin (BTC) is limping into the year’s end, facing its fourth annual decline in history. Memecoin liquidity has been sucked into political side quests, and one of the sector’s longest‑running builders thinks the market over‑trusted the new president.​ Bitcoin’s 2025…

Aave Founder Says $15M Token Buy Wasn’t Used in Controversial DAO Vote

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Stani Kulechov, the founder and CEO of Aave Labs, the main development company behind the Aave decentralized finance (DeFi) lending protocol, denied claims that he recently purchased $15 million of Aave (AAVE) tokens to influence a controversial community vote that failed to pass.  “These tokens were not used to vote on the recent proposal, and that was never my intention. This is my life’s work, and I am putting my own capital behind my conviction,” Kulechov said. He also said that Aave Labs has not clearly communicated the economic alignment…

Canton Token Rises Around 25% after DTCC Outlines Tokenized Treasury Plans

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Canton Coin has climbed about 27% over the past week, Cointelegraph data shows, outpacing the broader cryptocurrency market as traders reacted to fresh signals of institutional adoption. The gains follow a Dec. 17 announcement from the Depository Trust & Clearing Corporation (DTCC) outlining plans to tokenize a portion of US Treasury securities held at its Depository Trust Company subsidiary on the Canton Network. DTCC operates post-trade infrastructure for US securities markets, with its subsidiaries processing about $3.7 quadrillion in securities transactions last year. Canton Coin price over past seven days.…

ZKsync Cuts Etherscan to Push Native Infrastructure, Eyes Token Utility in 2026

Key Notes Etherscan cannot properly index many native-level ZKsync features. All on-chain data will migrate entirely to the ZKsync native explorer on January 7, 2026. Developers using Etherscan APIs must migrate before the deadline. ZKsync will end Etherscan support for the ZKsync Era on January 7, 2026. Block, transaction, and contract data will move fully to the ZKsync native explorer. Developers relying on Etherscan APIs must migrate before that date. According to a GitHub post, ZKsync no longer fits standard EVM assumptions. Interop transactions, cross-chain bundles, Gateway settlement, and new…

UXLINK Announces Token Buyback Proposal, Price Rally Ahead?

Key Notes UXLINK has proposed a monthly token buyback plan. UXLINK price jumped 5% following the announcement. Buybacks continue to gain traction across the broader crypto sector. AI-based Web3 social platform, UXLINK, has announced a monthly buyback proposal for its native token, UXLINK. The move comes as the project reports steady profitability and continued user growth, but token price lags behind. In a recent X post, UXLINK proposed plans to allocate a portion of its monthly profits toward buying back at least 1% of the total UXLINK token supply. These…

Hyperliquid Clarifies HYPE Token Shorting By Ex-Employee

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Decentralized perpetuals exchange Hyperliquid has addressed community concerns about a wallet that was believed to be linked to the internal team selling large amounts of HYPE (HYPE). Co-founder Iliensinc said on Hyperliquid’s Discord channel Monday that the wallet flagged by the community for shorting HYPE belongs to an ex-employee who was terminated in the first quarter of 2024. “This individual is no longer associated with Hyperliquid Labs, and their actions do not reflect our team’s standards or values,” Iliensinc wrote, referring to the address 0x7ae4…1028. The clarification followed weeks after…

OpenSea Integrates Gaming Token POWER for NFT Marketplace Payments

Key Notes Players can now spend Fableborne rewards directly on OpenSea NFTs without converting to ETH or stablecoins first. The Power Protocol enables value earned in one game to be used across multiple digital environments and applications. OpenSea plans to launch its SEA token in Q1 2026 with 50% revenue allocated toward buybacks. OpenSea has added support for the $POWER token as a payment option across its NFT marketplace. The token is earned through gameplay within the Power Protocol ecosystem, led by Pixion Games’ flagship title, Fableborne. The update allows…

AXL Price Crashes 18% as Circle Abandons Token after Acquiring Axelar Network Developer

Key Notes The AXL token has come under strong selling pressure, correcting 18% since the development. With Circle’s acquisition, AXL holders will have no direct economic benefit, such as buybacks, revenue sharing, or governance rights. Common Prefix will assume a larger role in Axelar’s ongoing development, with plans to focus on institutional adoption. AXL, the native cryptocurrency of the Axelar Network, has come under strong selling pressure, dropping 18% in the last 24 hours. This comes after the Circle Internet Group announced the acquisition of Interop Labs, the developer team…

Bhutan Announces TER, a Sovereign Gold-Backed Crypto Token

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Gelephu Mindfulness City (GMC), a special administrative zone of Bhutan, announced on Wednesday that it is launching a sovereign gold-backed digital token called TER.  The physical gold deposits will be custodied by DK Bank, a digital asset bank regulated by the government of Bhutan, and issued on the Solana Blockchain network, according to GMC’s announcement. Matrixdock, a real-world asset tokenization (RWA) platform, is the technology partner responsible for tokenizing the real-world asset on the blockchain. An overview of the tokenized commodities sector, which is dominated by tokenized gold products. Source:…

StableChain Mainnet Launches with Foundation and STABLE Token

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Tether-backed Stable protocol has launched its USDT-powered blockchain, StableChain, alongside a new governance foundation and a native token.  According to the protocol, the new layer-1 network is designed for stablecoin transactions and relies on Tether’s USDt (USDT) for gas fees payments, removing the need for volatile assets to process payments. Alongside the mainnet debut, Stable introduced the Stable Foundation and the STABLE governance token on Monday, separating network security from payment flows settled in USDT. The rollout follows a pre-deposit campaign that drew more than $2 billion from over 24,000…