The crypto gaming firm behind Ethereum layer-2 Immutable X said it received a letter of termination from the SEC that didn’t explain why it ended its probe.
Tokens News
A crypto token is an asset based on the blockchain of another asset, which is called a coin. Part of the definition of tokens is that they do not run on their own blockchains — a key distinction in clearing up the token vs. coin confusion.
Projects often build solutions on existing networks, such as Ethereum. Ethereum has a coin, called Ether (ETH), running on its blockchain. The majority of the tokens built on the Ethereum blockchain are ERC-20 tokens, or ERC-721 tokens if they are nonfungible tokens, or NFTs.
Each project typically employs its own token, meaning that the token runs on the blockchain on which the project was built. An entity can create a cryptocurrency token for a number of reasons, including use within a broader ecosystem. ICO tokens were popular during the initial coin offering boom of 2017.
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Pump.fun’s new DEX, PumpSwap, recorded daily fees above $1 million on March 24, pushing its all-time revenue to $2.1 million.
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Bitcoin narratives like NFTs, layer-2s, and re-staking are fading, with experts citing decreased hype and focus shifting to sustainable growth.
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Blockchain freight settlement provides fast liquidity and eliminates expensive freight factoring intermediaries.
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Crypto.com’s Cronos blockchain is facing community criticism over governance issues, as sources suggest that the exchange controls up to 80% of the voting power.
7298 - Recap
Metaverse may be dead, but virtual social experiences that bridge the real and digital worlds can bring it back to life.
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AI agents need to focus on utility over cryptocurrency issuance, as their cumulative market capitalization is down 61% from the peak $70.4 billion.
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DePIN, decentralized AI, the shift from EVM blockchains and regulatory changes under the new US administration are key trends to follow in 2025. And venture capitalists already took a position.
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NFTs last year had their worst year since 2020, recording $13.7 billion in trading volume and under 50 million in sales, according to DappRadar.
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Web3 fundraising has evolved beyond the ICO boom. Today, securing investment requires a solid project identity, strategic business model and market demand.
2003 - Defined
RWA tokenization is modernizing traditional finance by making historically illiquid assets more accessible and efficient.
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Wintermute withdrew $40 million in SOL ahead of a $2-billion token unlock, raising concerns over selling pressure as market sentiment worsens.
11742 - Opinion
You may have heard restaking compared to a risky financial maneuver. That’s not exactly right. There are key differences, with profoundly different types of risk.
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Bybit CEO Ben Zhou challenged Pi Network to prove its legitimacy by addressing a Chinese report that called the project a “scam” targeting elderly people.
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Kaito AI allocates 20% of its token supply for airdrops and incentives, sparking excitement and concerns over insider allocation and potential sell-offs.
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