Tokens

Trump memecoin team highlights 0 price for Dinner with the President, then it tripled

Trump memecoin team highlights $420 price for Dinner with the President, then it tripled

The Donald Trump memecoin project has clarified the rules of its newly launched competition, which gives holders a chance to attend a private dinner with the US president. On April 23, the team behind the TRUMP token announced that the top 220 holders would receive invites to an exclusive dinner set for May 22. They […]

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CME Group eyes May launch for XRP futures product

CME Group eyes May launch for XRP futures product

CME Group is preparing to roll out XRP futures on May 19, pending regulatory approval. According to an April 24 statement, the product will feature two contract sizes, including one tied to 2,500 XRP and another to 50,000 XRP. These contracts are designed to accommodate varying investment strategies. They will be cash-settled and benchmarked against

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US SEC and El Salvador’s CNAD explore tokenization with cross-border trials

US SEC and El Salvador’s CNAD explore tokenization with cross-border trials

The US Securities and Exchange Commission (SEC) is exploring a cross-border approach to digital asset oversight through early-stage discussions with El Salvador’s National Commission of Digital Assets (CNAD). According to the meeting memo, the SEC is considering launching a regulatory sandbox to test tokenization models under real-world conditions. The SEC highlighted CNAD’s success in managing

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Early-stage crypto investors face 50% average loss on locked positions

Early-stage crypto investors face 50% average loss on locked positions

Locked token holders have experienced an average drawdown of nearly 50% for their locked positions compared to over-the-counter (OTC) valuations in May 2024. According to data published by STIX founder Taran Sabharwal on April 22, holders could have exited their positions at double the current spot prices the previous year. Sabharwal shared data comparing fully

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XRP attracts investors with .7 million weekly ETP inflow amid tepid market

XRP attracts investors with $37.7 million weekly ETP inflow amid tepid market

Digital asset investment products recorded a modest $6 million in inflows last week, according to CoinShares’ latest report. This follows several weeks of notable outflows, reflecting a cautious market sentiment. James Butterfill, Head of Research at CoinShares, said the week began positively, with capital trickling into digital assets. However, he pointed out that the mid-week US

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XRP futures debut on Coinbase as Ripple’s RLUSD stablecoin integrates into Aave

XRP futures debut on Coinbase as Ripple’s RLUSD stablecoin integrates into Aave

Ripple’s ecosystem is seeing notable momentum, with XRP and its RLUSD stablecoin making major advances in the crypto market. Coinbase lists XRP futures On April 21, Coinbase introduced XRP futures contracts on its US derivatives platform. These contracts, regulated by the Commodity Futures Trading Commission (CFTC), offer traders a compliant way to access XRP without

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Coinbase launches asset recovery tool for lost Solana tokens

Coinbase launches asset recovery tool for lost Solana tokens

Coinbase has expanded its self-service asset recovery tool to include lost tokens on the Solana network, according to an April 21 announcement.  The feature allows users to reclaim certain unsupported SPL tokens mistakenly sent to their Coinbase addresses without submitting a customer support ticket. The company clarified that not all SPL tokens are eligible for

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MANTRA CEO initiates burn of 150M OM allocation, aims to bring total burn to 300M tokens

MANTRA CEO initiates burn of 150M OM allocation, aims to bring total burn to 300M tokens

MANTRA founder and CEO John Patrick Mullin has initiated the burn of his full 150 million OM token allocation, following through on a commitment made last week to bolster transparency and rebuild trust within the community. The token burn, which permanently removes the equivalent amount of OM from circulation, is part of a broader strategy

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Decentralized Defense? NFT Group Targets Cold War Bunker Buy

Decentralized Defense? NFT Group Targets Cold War Bunker Buy

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An apocalyptic-themed Solana-based NFT project is aiming to sell 100,000 virtual tokens to buy a Cold War nuclear bunker in England. The innovative venture combines virtual ownership with physical real estate in what could potentially be a new trend for blockchain communities.

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Base creator Jesse Pollak apologizes for sharing provocative GIF after latest backlash

Base creator Jesse Pollak apologizes for sharing provocative GIF after latest backlash

Jesse Pollak, the creator of Coinbase-backed Base, an Ethereum layer 2 network, conceded he made a “mistake” by sharing a GIF containing controversial words in an X post. Pollak had shared a GIF that played on the tagline of Base: Base is for everyone. It featured a rotating sequence of terms under the phrase “Base

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