Tag: Token

Trump Media Announces Blockchain Token Airdrop Record Date

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US President Donald Trump’s media company has advanced plans for its “first-of-its-kind” shareholder token airdrop, setting Feb. 2 as the record date used to determine eligibility. The record date, or “snapshot” date, means that anyone with at least one share in Trump Media and is a “beneficial owner” or “registered holder” as of Feb. 2 is eligible for the non-tradable digital rewards token, the company announced on Tuesday.  Following the record date, Trump Media will use crypto exchange Crypto.com to mint the tokens, display them on the blockchain, and custody…

Trump Media sets February 2 record date for digital token airdrop to DJT holders

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Trump Media and Technology Group announced February 2, 2026, as the record date for its digital token airdrop to shareholders, advancing its blockchain rewards program. Shareholders who own at least one whole share of DJT stock as of that date will be eligible to receive digital tokens and associated incentives. Eligibility depends on being recognized as the ultimate beneficial owner of shares rather than borrowers. Trump Media plans to partner with Crypto.com to mint the tokens on the blockchain and custody them pending distribution. The company said the arrangement will…

RedStone acquires Security Token Market to accelerate tokenized asset adoption

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RedStone, a prominent oracle provider that secures over $6 billion in onchain value across 110 blockchains, announced Tuesday it has acquired Security Token Market (STM.co), along with its TokenizeThis conference, to expand its US and institutional presence. RedStone co-founder Marcin Kaźmierczak said in a statement that the acquisition of STM could help them meet the growing demands of the onchain economy. It combines STM’s real-world asset (RWA) data and industry presence with RedStone’s oracle infrastructure to support crypto and institutional markets. “We are kicking off 2026, the year of tokenized…

TROVE token crashes 97% after TGE amid trust fallout and strategy pivot

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TROVE, the native token of perpetual DEX Trove Markets, plunged roughly 97% following its token generation event, wiping its valuation from about $20 million to under $500,000, per GeckoTerminal. Market confidence had been fragile after a series of controversies, including last-minute ICO contract changes and an incident tied to Polymarket. Targeting the booming perpetuals DEX market, Trove Markets promised leveraged access to collectibles, real-world assets, and equities. Its TROVE token ICO ran from January 8 to January 11 without major issues, until just five minutes before closing, when the team…

Pendle Introduces New Governance Token To Spur Broader Adoption

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Decentralized Finance yield platform Pendle is set to replace its vePENDLE token as its primary governance and reward token, arguing the previous design held back broader adoption.  In an announcement via X on Monday, Pendle unveiled sPENDLE, its new “liquid staking token” that will soon replace vePENDLE as the primary governance token on the protocol.  “We’re excited to introduce sPENDLE, the next evolution of Pendle tokenomics. This upgrade is designed to address critical limitations of the vePENDLE system, while unlocking new opportunities for PENDLE holders and the protocol,” Pendle said. …

Trove Investors Furious After Team Keeps $9M and Token Tanks

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Vocal critics within the Trove Markets community on X are in uproar again after the team announced it will keep most of the investor funds it had raised to build on Hyperliquid and instead use them to build on Solana.  Trove had raised over $11.5 million for a token sale tied to its integration on Hyperliquid, but announced on Friday, just days before its token generation event, that it will pivot to building on Solana. One of Trove’s builders, “Unwise,” later blamed the pivot on a liquidity partner withdrawing 500,000…

Injective governance vote approves new phase to reduce INJ token supply

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Key Takeaways Injective’s governance vote successfully approved a new phase to reduce INJ token supply with 99.9% approval from the community. The new framework strengthens the deflationary narrative around INJ and ties long term supply reduction to ecosystem growth. Share this article Injective has approved a governance proposal that pushes its native token INJ into a new deflationary phase, with nearly all participating voters backing the change. The proposal passed with roughly 99.9% support, meeting quorum and clearing the way for an on-chain update to Injective’s inflation parameters. The approved…

Full-suite crypto casino with slots, roulette, sports, originals, and built-in token staking

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Share this article BC.GAME is a crypto-first casino platform offering slots, table games, original formats, and sports betting within a unified account experience. Built for the global crypto community, the platform supports over 150 cryptocurrencies, offers fast crypto withdrawals, 24/7 live support, and a layered reward system centered around its in-house BCD token. The brand has expanded its global presence through international sponsorships, including a partnership with O’Higgins FC in Chile’s top football league. Behind the platform is Twocent Technology Limited, a Belize-registered company licensed and regulated by the Government…

Lighter LIT token falls 15% amid broader market pullback

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Key Takeaways LIT drops over 15% as market selloff pushes token below $1.70 despite strong trading activity. Lighter maintains high volume and ongoing buybacks while trailing Hyperliquid and Aster in open interest. Share this article Lighter, a crypto perpetual futures exchange on Ethereum, saw its native token LIT fall more than 15% over the past 24 hours as a broader market selloff pushed the price below the $1.70 level. The decline coincided with a pullback in Bitcoin, which dropped from around $95,000 to $92,000 late Sunday before recovering to roughly…

Kaito token and NFT prices plunge as X blocks InfoFi apps to fight spam

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Key Takeaways X revised its developer API policies to block InfoFi apps as a measure against spam, according to Head of Product, Nikita Bier. The policy change has triggered broader losses across the InfoFi market, affecting tokens like KAITO, COOKIE, and LOUD. Share this article KAITO, the native token of the InfoFi protocol Kaito AI, fell 20% today after X announced it would block apps that reward users for posting on the platform. The token dropped from $0.7 to $0.56 following the policy change announcement, per CoinGecko. The sell-off extended…