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Showing posts with the label tokens

Dogecoin (DOGE) Soars 15% as Whales Buy 30 Million Tokens: Is a 20% Breakout Next?

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10 days until TRUMP’s dinner; Here are the leaders

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Summary ⚈ Justin Sun leads TRUMP token leaderboard ahead of the exclusive May 22 dinner with Donald Trump. ⚈ Rankings are based on time-weighted holdings, a metric rewarding long-term commitment over quick buys. ⚈ TRUMP token has seen massive demand and volatility, gaining 26% weekly, with over $52 million in tokens moved by the team. With just 10 days remaining until the Official Trump (TRUMP) dinner event for top holders, the leaderboard is taking shape, with Tron (TRX) founder Justin Sun emerging as the frontrunner. The dinner will allow TRUMP holders to meet President Donald Trump on May 22, with the participation cutoff set for today, May 12. According to the event structure, the top 220 investors will be invited to the gala dinner, while the top 25 will also gain access to a private VIP reception and an exclusive tour. Rankings are determined based on time-weighted holdings from April 23 to May 12, a metric designed to reward long-term commitment rather...

Flockerz Vote-to-Earn Presale Raises $11.2M, Ends in Less Than 2 Days – Next Meme Token to Explode?

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Flockerz’s (FLOCK) presale is now less than two days away, giving investors a final opportunity to grab tokens at a fixed price. Investors have already poured $11.2 million into the project, fueling its rapid growth ahead of its much-anticipated exchange launch. Will this new Vote-to-Earn meme coin soar to new heights? Less than 2 days left to participate in Flockerz ICO The Flockerz presale has become one of the most talked-about meme coin launches of early 2025, raising over $11 million so far. With only a few days remaining, investors have a limited window to purchase $FLOCK tokens at the fixed price of $0.0066883 before they hit the open market. Demand for the token is expected to surge after listing, potentially driving the price higher. This creates a rare chance to secure tokens at a lower price during the presale. Investors can use ETH, USDT, BNB, or even a bank card to purchase $FLOCK, provided they have a compatible wallet like MetaMask or Best Wallet. For more in...

Memeinator’s presale moves swiftly, with 70% of allocated tokens now sold

Key takeaways Memeinator has now sold more than 70% of the total tokens allocated for the presale. The project has raised nearly $4.4 million over the last few weeks. What is Memeinator? Memeinator is a Web3 project that intends to launch as a meme token and provide utility to those that use memes.  The whitepaper details the strategies the development team intends to make to turn Memeinator into one of the leading meme coins in the crypto space. What makes it an interesting project is the value proposition it offers to investors and content creators. Memeinator launching as a meme coin is to take advantage of the recent growth in trading volume and popularity of meme coins.  The team explained that Memeinator’s primary utility is to destroy worthless memes on the internet, allowing users to have access to only quality memes. This ensures that Memeinator provides utility to the users and incentives to the token holders.  By lever...

Fantom Foundation awards $1.7M bounty for preventing $170M drain

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In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million. The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, has eliminated a significant vulnerability after a $550,000 hack in October. On Oct. 17, the Fantom Foundation suffered a hot wallet hack, with an unknown attacker drain ing 1% of Fantom Foundation’s funds. The foundation subsequently stopped using some of the affected wallets, reassigning them to a Fantom employee, making it a “targeted attack.” Following the incident, an unnamed security researcher found an additional potential risk associated with the hack and alerted the Fantom Foundation, according to a blog post on Nov. 20. The vulnerability was associated with a dormant admin token for Fantom’s ERC-20 FTM contract, which could potentially allow the attacker the ability to mint a portion of Fantom (FTM) for themselves on Ethereum. According to the ...

Coinbase gains legal support as scholars file amicus brief

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In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term 'investment contract' when interpreting its scope. A group of six legal scholars specializing in securities law and related domains have submitted an amicus brief in favor of crypto exchange Coinbase in its legal battle against the U.S. Securities and Exchange Commission (SEC). An amicus brief is a legal instrument submitted to the court which originates from a party not directly engaged in the pertinent case. Its typical purpose is to provide supplementary arguments in favor of one side of the lawsuit while underscoring the wider implications that the case may carry beyond the immediate litigants. The group of legal scholars presented their amicus brief to the U.S. District Court situated in the Southern District of New York. Leveraging their understanding of securities laws, they embarked upon the task of shedding light on the intricate historica...

BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe

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Some DAO members joked about the situation while others believed there may be an ulterior motive at play. BarnBridge DAO members have been told to pause “all work” related to the project after a reported probe by the United States Securities and Exchange Commission (SEC). In a July 6 post to the platform’s Discord channel, Douglas Park, a lawyer for the decentralized autonomous organization revealed the news to members. “I am letting you know that the Securities and Exchange Commission is investigating BarnBridge DAO and individuals associated with the DAO,” Park said. pic.twitter.com/ChsjBuGEzM — BarnBridge (@Barn_Bridge) July 7, 2023 In order to “reduce potential further legal liability,” Park suggested “all work” on BarnBridge-related products should stop — including the closure of liquidity pools — and that individuals should not receive compensation for work flowing from the investment efforts of the DAO. Co-founder Tyler Ward, presumably dubbed “Lord Tyler” on Discord, c...

German intelligence service launches dog-themed NFTs to fetch cyber talent

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Nearly 1,000 NFTs have been put on Ethereum by Germany’s BND in its quest to recruit blockchain talent for the agency. Germany’s foreign intelligence agency the Bundesnachrichtendienst (BND) has launched a dog-themed nonfungible token (NFT) collection with an on-chain treasure hunt aimed at recruiting cyber talent . Earlier in June the Federal Intelligence Service launched its “Dogs of BND” collection — 999 dog NFTs inspired by BND’s guard and security dogs as well as “different intelligence roles.” According to the BND’s website, the NFTs are only collectible by finding a character string — which it posted on Instagram that points to an Ethereum address. The cyber talent would need to use that information to find the collection and be eligible to mint an NFT. A Twitter user shared an image posted on BND’s Instagram and rhetorically asked if the NFTs are taxpayer-funded. Source: Twitter On June 19, the BND spoke to the German crypto outlet BTC-Echo, the agency said it created the ...

German DekaBank plans to launch tokenization platform by 2024

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DekaBank’s partnership with Metaco is not about cryptocurrencies like Bitcoin but the tokenization of bonds and stocks. 105-year-old German bank DekaBank is planning to launch a blockchain-based tokenization platform in collaboration with the digital asset firm Metaco. DekaBank targets the release of its blockchain platform sometime in 2024, while the infrastructure is expected to be ready in 2023, DekaBank’s digital asset custody executive Andreas Sack told Cointelegraph. “The tokenization platform infrastructure will be ready in the foreseeable future, and that will launch the first minimum viable product in our crypto custody solution,” Sack stated. He added that the first test transactions of the tokenization platform are likely to take place this year. DekaBank’s upcoming Blockchain platform is developed in collaboration with the digital asset management system Metaco Harmonize. The bank officially announced a partnership with Metaco on Jan. 31, planning to deploy Harmonize as t...

Uniswap's BNB deployment should use multiple bridges, claims LIFI CEO

The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach. As Uniswap DAO’s vote to deploy to BNB chain continues, LIFI CEO Phillip Zentner argued in a February 6 forum post that the current proposal is flawed. According to him, the plan to use Wormhole as the sole governance bridge for Uniswap should be abandoned. Instead, he claimed that Uniswap researchers should work on a standardized system for using multiple bridges to handle governance decisions. The ongoing discussion on @Uniswap's forum is critical for the multi-chain ecosystem in 2023. TL;DR: Uniswap's model for x-chain governance will likely become industry standard. As an unbiased member of the community, @lifiprotocol is rooting for a multi-bridge implementation — Philipp Zentner | LI.FI (@PhilippZentner) February 6, 2023 In the post, Zentner stated that LIFI strongly recommends “that Uniswap not select one bridge provider for its BNB Chain Deployme...