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#Token

501 articles

Step Finance shuts down following $40 million security breach

Step Finance shuts down following $40 million security breach

Step Finance is shutting down after a $40 million treasury breach last month and plans a STEP token buyback and Remora redemption.

Crypto VC Framework Ventures to help Better with $500M DeFi play

Crypto VC Framework Ventures to help Better with $500M DeFi play

Framework reportedly struck a $45 million deal to buy 10% of Better and will help it launch a token on the crypto protocol Sky.

Backpack pledges 20% equity to token stakers amid IPO plans

Backpack pledges 20% equity to token stakers amid IPO plans

The equity offering builds on Backpack’s token announcement earlier this month, in which the first 62.5% of tokens will be distributed to users.

Crypto Exchange Backpack Plans to Offer Company Equity to Token Stakers

Crypto Exchange Backpack Plans to Offer Company Equity to Token Stakers

Backpack signaled that its yet-to-be-released token will allow people to earn equity in the exchange, potentially turning users into owners.

Aave’s $50 million funding controversy with ACI Founder Marc Zeller

Aave’s $50 million funding controversy with ACI Founder Marc Zeller

Marc Zeller makes the case for AAVE token holder rights amid the governance clash with Aave Labs over revenue and transparency.

Stablecore's Jack Henry integration opens stablecoins to 1,600 banks

Stablecore's Jack Henry integration opens stablecoins to 1,600 banks

Banks and credit unions on the Jack Henry Fintech Integration Network can add tokenized deposits, crypto lending and 24/7 payment rails through the partnership.

Trump crypto company says ‘coordinated attack‘ on stablecoin failed

Trump crypto company says ‘coordinated attack‘ on stablecoin failed

The price of World Liberty Financial's token dipped about 7% early on Monday, later reported to be the result of a social media and short-seller attack.

ProShares GENIUS ETF's $17B debut boosts case for tokenized money market funds

ProShares GENIUS ETF's $17B debut boosts case for tokenized money market funds

IQMM's historic first-day launch underscores how traditional cash funds are adapting to compete in a stablecoin-driven landscape following the passage of the GENIUS Act.

Trump-Backed Stablecoin Briefly Slips as World Liberty Claims 'Coordinated Attack'

Trump-Backed Stablecoin Briefly Slips as World Liberty Claims 'Coordinated Attack'

The company’s native token, WLFI, also fell 7% around the same time that its stablecoin, USD1, briefly fell below a dollar peg.

Trump-linked stablecoin wobbles as WLFI says it's under 'coordinated attack'

Trump-linked stablecoin wobbles as WLFI says it's under 'coordinated attack'

The USD1 token briefly fell to $0.994, some 0.6% below its $1 peg, CoinGecko data shows.

Curve founder says DeFi must ditch token emissions for real revenue

Curve founder says DeFi must ditch token emissions for real revenue

Curve founder Michael Egorov told Cointelegraph that protocols cannot “live without real revenues flowing” as token incentives lose power to attract liquidity.

BitMine Immersion added $98 million of ether last week as losses balloon to more than $8 billion

BitMine Immersion added $98 million of ether last week as losses balloon to more than $8 billion

Tom Lee's Ethereum-focused firm continues buying into the crypto market weakness, now 4.42 million ETH tokens, or about 3.66 percent of the total supply.