Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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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The attacker exploited an admin account tied to ZKsync’s airdrop contracts, minting 111 million unclaimed tokens worth $5 million.
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Mantra’s comparison to the Terra Luna collapse is inaccurate despite price chart similarities because the token crashes are fundamentally different, crypto community members said.
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Blockchain analytics platform Lookonchain says at least 17 wallets deposited 43.6 million OM into crypto exchanges starting April 7, representing 4.5% of the circulating supply.
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The value of US President Donald Trump’s official memecoin has declined by 89% since its peak in January.
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The SEC’s Division of Corporation Finance has given nonbinding guidance on how federal securities laws could apply to crypto and how industry players should make disclosures.
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The buyback is a "first step" toward a broader tokenomics revamp for the DeFi protocol, Aave said.
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The Donald Trump-backed crypto project, World Liberty Financial, may have also sold some of its Ether stash — but at a loss.
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A new trading competition is set to distribute millions in tokens over nine months, aiming to boost trading activity, attract liquidity and reengage past users in the DeFi ecosystem.
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Factors such as team commitment, development activity, and responsiveness to Binance’s due diligence requests were considered during the evaluation process.
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The Conor McGregor-backed token fell short of hitting the $1 million minimum target set by the developers.
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The blockchain narrative often centers on volatility and speculation, overshadowing its potential for real-world utility. Genuine solutions enable and support stability and longevity in the digital asset landscape.
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EY’s enterprise blockchain Nightfall is now a zero-knowledge rollup as it says corporations are again comfortable with privacy tools with easing Tornado Cash sanctions.
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This deflationary token system can bolster blockchain gaming by balancing token supply, sustaining economic value and fostering meaningful player engagement.
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The firm behind the Gutter Cat Gang NFTs said “niche technical issues” prevented the GANG tokens from launching on ApeChain on March 31, as initially planned.
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