Tag: Token

FET, Ocean Protocol Agree On $120M FET Token Return, To Avoid Lawsuit

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The feud between Fetch.ai and Ocean Protocol Foundation may be drawing to a close as the two sides look to reach a middle ground without escalating it into a full-blown legal battle. On Thursday, Fetch.ai said it would cancel all pending legal claims against the Ocean Protocol Foundation if the latter returned the 286 million Fetch.ai (FET) tokens that were allegedly sold during their merger. “They are expecting a legal proposal from us for the return of the tokens,” said Fetch.ai CEO Humayun Sheikh, during a Thursday X Spaces show,…

Fidelity opens direct Solana token purchases for US brokerage clients

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Key Takeaways Fidelity Investments now allows direct Solana (SOL) token purchases for standard US brokerage clients. This expansion increases retail investor access to crypto assets without the need for specialized digital asset accounts. Share this article Fidelity Investments, a US-based financial services firm, has enabled direct Solana token purchases for its standard brokerage clients. The move expands its existing crypto offerings, which already include Bitcoin (BTC), Ether (ETH), and Litecoin (LTC). The development reflects growing mainstream integration of blockchain assets for retail investors, as major asset managers roll out access…

Hyperliquid Strategies files S-1 seeking to raise up to $1B for corporate purposes, eyes HYPE token purchases

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Key Takeaways Hyperliquid Strategies has filed an S-1 registration to raise $1 billion, signaling a major move for crypto asset integration into public markets. The firm is using a reverse merger structure to bring crypto holdings and strategies into regulated, traditional corporate frameworks. Share this article Hyperliquid Strategies, a firm focused on treasury reserve strategies involving crypto assets and business combinations, filed an S-1 registration statement today seeking to raise up to $1 billion for corporate purposes, including potential purchases of HYPE tokens. The filing represents the company’s move to…

MegaETH unveils public sale details as traders price the token at a $5B FDV on Hyperliquid

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Key Takeaways MegaETH’s community sale starts at a $1M FDV and uses a transparent English auction format. Hyperliquid’s MEGA pre-launch futures trade at a $5B implied valuation ahead of the token’s debut. Share this article MegaETH has unveiled details of its public sale, offering 5% of its token supply through an English auction on Sonar by Echo. The sale starts at a $1 million fully diluted valuation (FDV) and is capped at $999 million. Running from October 27 to 30, the auction allows bids between $2,650 and $186,282 in USDT.…

Robinhood lists BNB token

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Key Takeaways Robinhood has listed BNB on its platform, allowing US retail investors greater access. This follows Coinbase’s addition of BNB to its listing roadmap, showing major exchanges are opening up to Binance assets. Share this article Robinhood has added BNB, the native token of the BNB Chain ecosystem, to its platform. The listing expands access to Binance-backed digital asset for US retail investors using the popular trading app. Coinbase added BNB to its listing roadmap in October, reflecting a shift toward greater interoperability between major exchanges. The move directly…

Kadena shuts down operations as token plunges 50%

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Key Takeaways Kadena’s operating company has ceased all business and network operations, citing adverse market conditions. The project’s native token dropped 50% following the shutdown announcement. Share this article Kadena’s operating company announced today it will immediately halt all business operations and stop maintaining the Kadena blockchain network, causing the project’s native token to plunge 50% within hours of the news. The company cited unfavorable market conditions as the main reason for the shutdown, retaining only a small internal team to manage the transition process. The decision brings an abrupt…

OpenSea plans $SEA token launch in Q1 2026 with 50% supply for users and 50% revenue for buybacks

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Key Takeaways OpenSea will launch its native $SEA token in Q1 2026, allocating 50% to users and 50% of revenue to token buybacks. The $SEA token will support staking, community rewards, and is part of OpenSea’s expansion beyond NFTs into wider trading features. Share this article NFT marketplace OpenSea plans to launch its native token $SEA in Q1 2026, with half of the token supply allocated to community members and 50% of revenue at launch dedicated to token buybacks, said Devin Finzer, the platform’s co-founder, in an X post. The…

MegaETH repurchases 4.75% equity from pre-seed investors ahead of token sale

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Key Takeaways MegaETH has repurchased 4.75% of its equity and token warrants from pre-seed investors. The move marks a strategic shift toward community-driven funding, away from traditional venture capital models. Share this article MegaETH, a blockchain layer-2 project focused on real-time DeFi infrastructure, today repurchased 4.75% equity and token warrants from its pre-seed investors. The buyback reflects MegaETH’s strategic pivot toward community-driven funding models rather than traditional venture capital structures. The project has shifted toward public sales and community distributions to prioritize fair access for retail participants. MegaETH is preparing…

BNB Registers Surge in Mindshare, as Token Hits New High

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BNB “mindshare” has surged over 250% in just a week, according to Messari, with one analyst pointing to a market shift toward high-throughput, low-cost chains.  The native token of BNB Chain crossed over $1,330 for the first time on Wednesday, after registering a gain of over 27% in the last week, according to data aggregator CoinGecko, nearly a week after clocking its previous high of $1,111. Crypto market intelligence firm Messari said in an X post on Wednesday, BNB’s’ mindshare, which measures public attention, discussion, and awareness, has seen a…

Phantom unveils new explore feature for web token discovery

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Key Takeaways Phantom has launched its Explore feature on web browsers, broadening discovery of crypto tokens beyond mobile. Users can now search and view trending crypto assets directly via browser. Share this article Phantom, a multi-chain crypto wallet, today launched its Explore feature on web browsers, expanding token discovery capabilities beyond its mobile app. The new web-based Explore tab allows users to search and view trending crypto assets directly through their browser. Phantom recently updated its mobile app to enable real-time monitoring of new token launches, creating a cross-platform discovery…