Tag: Token

Coinbase now lists Sui token for New York residents on all platforms

admin

Key Takeaways Coinbase has activated trading of the Sui (SUI) token for New York residents on both mobile and web platforms. Sui is a layer 1 blockchain focusing on fast, efficient decentralized apps using an object-centric model. Share this article Coinbase has made Sui (SUI) available to New York residents across its web and mobile platforms, expanding access to the layer 1 blockchain token in one of the most regulated US crypto markets. Sui operates as a layer 1 blockchain platform focused on enabling fast and efficient decentralized applications through…

OpenSea CMO refutes rumors of a $150 million SEA token sale on Coinbase

admin

Key Takeaways OpenSea’s executive has denied rumors of a $150 million SEA token sale on Coinbase. The SEA token will launch in 2026 with core roles in governance, rewards, and NFT staking. Share this article OpenSea Chief Marketing Officer Adam Hollander has denied a widespread rumor that the NFT marketplace was planning a $150 million SEA token sale on Coinbase, describing the circulating post as “fake.” Speculation arose after a parody X account stated that Coinbase had deleted a social post teasing a $150 million SEA token sale, leading to…

XRP ETFs See 80M Token Pull As Price Eyes Break Above $2.2

admin

XRP’s (XRP) newly launched exchange-traded funds (ETFs) absorbed nearly 80 million tokens on Nov. 24, sharply outperforming Solana’s recent ETF debut. The rapid inflows have pushed total assets under management (AUM) to $778 million, according to data from XRP Insights. Key takeaways: Grayscale and Franklin Templeton’s XRP ETFs absorbed nearly $130 million on product launch. Sustained ETF inflows and not just opening demand will determine XRP’s structural advantage in price recovery. XRP formed a bullish flag, but it remains in a technically bearish trend below key EMAs. XRP ETF start…

Polygon co-founder considers reverting POL token to its original MATIC ticker

admin

Key Takeaways Polygon’s Sandeep Nailwal is considering reverting the POL ticker back to MATIC due to community feedback. The ticker swap occurred as part of Polygon’s upgrade to 2.0, but many users feel more familiar with the original MATIC name. Share this article Polygon co-founder Sandeep Nailwal is considering asking exchanges to revert the POL token ticker back to its original MATIC name, seven months after the network completed its token migration. “Time and again, I keep hearing from folks in the Polygon trading community that MATIC was a far…

Trump-linked WLFI Ramps Up Token Buybacks Despite 50% Slide

admin

The Trump family-backed crypto project, World Liberty Financial, continued its token buyback strategy, aiming to create more demand for the token, which has declined almost 50% since its launch. The platform acquired $7.7 million worth of World Liberty Financial (WLFI) tokens on Wednesday at an average price of $0.16 per token, according to blockchain data platform Lookonchain. The nearly $8 million buy is significantly larger than its $1.06 million WLFI token buyback on Sept. 27, which saw $1.43 million worth of tokens burned, Cointelegraph reported at the time. Earlier in…

Trump-backed World Liberty Financial conducts nearly $10M WLFI token buyback in six hours

admin

Key Takeaways World Liberty Financial repurchased 59 million WLFI tokens worth nearly $10 million in six hours. WLFI rallied on the renewed accumulation. Share this article World Liberty Financial, the crypto project backed by the Trump family, spent approximately $10 million to buy back 59 million WLFI tokens over the past six hours, according to Arkham Intelligence data. The entity appears to be continuing its accumulation of WLFI through swap purchases on CoW Swap at the time of reporting. WLFI climbed during the buyback activity, gaining 10% over the past…

Monad’s MON token launches on Solana through Sunrise platform

admin

Key Takeaways Monad’s MON token is now available on Solana through the Sunrise platform. Sunrise is a new cross-chain gateway from Wormhole Labs enabling easy asset transfers between blockchains. Share this article Monad’s MON token today launched on Solana through Wormhole Labs’ newly introduced Sunrise platform, a cross-chain gateway that enables seamless asset transfers between blockchains. The launch provides Solana users immediate access to the governance token of Monad, a blockchain project focused on high-throughput execution and scalability for decentralized applications. Sunrise serves as a liquidity gateway built on Wormhole…

RAIN token pumps 100% as Enlivex announces $212M private placement for RAIN treasury strategy

admin

Key Takeaways Enlivex Therapeutics is set to deploy $212 million from a private placement to adopt a RAIN-based digital asset treasury strategy. The company has appointed ex-Italian PM Matteo Renzi to its Board. Share this article RAIN, the token associated with the Arbitrum-based prediction market platform Rain, doubled its value after Nasdaq-listed biotech firm Enlivex announced a $212 million private placement to initiate the world’s first treasury strategy centered on the token. CoinGecko data shows that the RAIN token rose from $0.0038 to $0.0076 briefly after the announcement. As of…

Biotech Penny Stock To Raise $212M In Prediction Market Token Play

admin

A Nasdaq-listed biotech firm is raising $212 million in a late-cycle pivot into crypto, planning to buy the token of a decentralized prediction market even as other digital-asset treasuries (DATs) struggle to stay afloat. Enlivex Therapeutics (ENLV), a clinical-stage macrophage reprogramming immunotherapy company, said Monday it plans to raise $212 million through a private investment in public equity, selling 212 million shares at $1 each. The price represents an 11.5% discount to Friday’s close, according to the company’s filing with the US Securities and Exchange Commission. The company plans to…

Port3 Network token crashes over 80% on reports of possible exploit

admin

Key Takeaways PORT3 token lost over 80% of its value in just over an hour. The crash was triggered by an unauthorized mint of one billion PORT3 tokens and rapid sell-offs. Share this article PORT3, the native token of Port3 Network, a project building a decentralized AI data layer that aggregates and standardizes blockchain data for AI-driven dApps and wallets, crashed more than 80% today, wiping its market cap from around $18.5 million to $3.5 million in just over an hour, according to CoinGecko. The steep decline came after reports…