Tag: Token

TRUMP Token Whales Loading Up Before Luncheon Event

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Crypto whales have continued to load up on the TRUMP memecoin ahead of the luncheon at US President Donald Trump’s Mar-a-Lago residence in Florida this month, which offers entry to the largest holders. One whale withdrew about 105,754 TRUMP from Binance on Saturday to add to its stash of 1.13 million TRUMP, worth about $3.2 million, according to an X post from blockchain analytics firm Lookonchain on Sunday. Two days earlier, another whale withdrew 850,488 Trump from the crypto exchange Bybit. On Monday, another holder increased their TRUMP stash to…

Justin Sun Slams WLFI Over Token Lockups, Gets Legal Threat in Response

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Justin Sun, the founder of the Tron layer-1 blockchain network, criticized World Liberty Financial (WLFI), a decentralized finance platform co-founded by US President Donald Trump’s sons, over lengthy lock-up periods for the platform’s governance token. Sun said that he invested “significant capital” in WLFI as an early investor and also said that a March WLFI governance proposal to determine token lock-up periods, in which more than 76% of the voting tokens came from 10 wallets, lacked transparency. In a Sunday post on X, Sun wrote (in translation):   “The governance votes…

London-based Tok-Edge unveils Redemption Token as firm reaches $15M valuation

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Tok-Edge, the world’s first regulated crypto hedge fund, has introduced Redemption Token, a novel crypto asset category developed by the firm, which will be first implemented with its new fund. The company also disclosed a $15 million valuation. Founded by professionals from both traditional finance and crypto, Tok-Edge recently came out of stealth after raising approximately $1.5 million from Marcus Meijer, an experienced GP investor and founder of a $10 billion AUM fund. Meijer, along with a group of investors, is expected to anchor the fund with up to $10…

Tushar Jain: Institutional interest in crypto remains strong during downturns, regulatory yield negotiations are crucial, and token projects face a four-year window to decentralize

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Key takeaways Institutional interest in crypto remains strong despite market downturns. Regulatory negotiations over yield language are critical for the future of crypto regulation. Token projects may have a four-year window to decentralize to avoid being classified as securities. New regulations will require uniform disclosure forms for token projects and exchanges. The SEC’s disclosure requirements may hinder investor access to crucial information. The separation of token entities and foundations complicates business operations. Regulatory constraints increase operational friction in crypto startups. Token projects should focus on value accrual to the token…

Polymarket To Replace USDC.e With USDC-Backed Token In Exchange Upgrade

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Prediction platform Polymarket is overhauling its exchange infrastructure in the coming weeks, introducing a new collateral token and upgraded trading system that give the platform greater control over settlement and risk as it moves toward closer alignment with US regulatory expectations. In an announcement on Monday, Polymarket said it will deploy new exchange contracts — dubbed version 2 — designed to simplify how orders are structured and matched. The upgrade is intended to make trading more efficient and to make it easier for developers to connect apps and trading bots…

Crypto Token Glut Is Diluting Value And Breaking Investor Returns

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The rapid growth in the number of crypto tokens is outpacing the value they generate, creating an “existential” problem for the industry, according to Michael Ippolito, co-founder of Blockworks. In a series of posts on X, Ippolito noted that while total crypto market capitalization remains relatively strong, the average value per token tells a different story. “The average coin is only slightly higher than where it was in 2020 (!) and down ~50% since 2021,” he wrote. Median token returns have also deteriorated sharply. Most tokens are down roughly 80%…

Aster cuts token emissions by 97% as it shifts to staking only rewards model

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Aster has overhauled its tokenomics by removing its monthly ecosystem unlock and replacing it with a staking-only emission model, reducing the amount of ASTER entering circulation by about 97%. [Important Notice] Tokenomics Update: Restructuring Ecosystem Emissions We are replacing the monthly Ecosystem unlock with a staking-only emission model, significantly reducing the amount of $ASTER entering circulation each month. Previously, 78.4M $ASTER (~1% of max supply)… — Aster 🥷 (@Aster_DEX) March 30, 2026 Under the previous structure, roughly 78.4 million ASTER, or about 1% of total supply, was released each month…

Lido DAO Mulls $20M LDO Buyback to Boost Token Price

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Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO.  The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury for Lido DAO (LDO), arguing that LDO is undervalued. “This is not a routine fluctuation. It represents one of the most significant dislocations between LDO’s market price and its underlying protocol fundamentals in the token’s…

World Foundation Sells $65M in WLD as Token Hits Record Lows

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Sam Altman’s World Foundation has raised $65 million through an over-the-counter (OTC) sale of its WLD token, which has hit new record lows. In a Saturday post on X, the foundation said its token issuance arm, World Assets, completed the sale to four counterparties over the past week, with the first tranche settling on March 20. The transactions were priced at an average of roughly $0.27 per token, suggesting that around 239 million Worldcoin (WLD) changed hands. “This sale funds the project’s core operations and activities, R&D, orb manufacturing, ecosystem…

Mezo Taps Aerodrome To Support Token Trading On Base

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Mezo, a Bitcoin-native lending protocol, will collaborate with Aerodrome Finance to support trading activity for its token and Bitcoin-backed stablecoin on the Base network, as projects look for ways to bring more financial use cases to Bitcoin. In a Thursday announcement, Mezo said it will allocate 2.25% of its MEZO token supply to Aerodrome’s vote-escrow (veAERO) participants — users who lock tokens in exchange for governance rights and rewards. The program is designed to encourage those users to direct funds into MEZO trading pairs, increasing activity around the token and…