Binance's BNB token could rise over 360% in the next few years, according to Standard Chartered's Geoffrey Kendrick.
Binance founder Changpeng Zhao also commented on memecoins, saying 99.99% of them will fail and that they distract from real innovation.
Bitcoin Core’s reportedly planned removal of the long-standing OP_RETURN limit has sparked sharp division across the ecosystem. The upcoming release will, by default, lift the 80-byte ceiling that previously restricted transaction-embedded data, positioning the change as a modernization of policy in response to shifting network practices. OP_RETURN Originally introduced as a soft deterrent, OP_RETURN allowed […]
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According to Financial Times analysis, a small cohort of traders secured nearly $100 million in profits from Melania Trump’s MELANIA token within minutes of its market debut. Insider trading allegations Its on-chain analysis suggests that two dozen digital wallets purchased $2.6 million worth of tokens less than three minutes before Trump’s Jan. 19 post on […]
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Hougan remains optimistic on crypto prices this year if the U.S. Congress can get stablecoin and market structure bills passed.
Kenya's High Court has ordered World to delete local users' biometric data, ruling the collection violated privacy rights.
Ripple has pledged $25 million in its RLUSD stablecoin to support US education through nonprofit organizations DonorsChoose and Teach For America. The contribution, revealed on May 5, aims to support teachers, fund classroom projects, and expand access to essential academic resources for underserved communities across the United States. This initiative comes at a time when […]
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Ethereum co-founder Vitalik Buterin has warned that Layer-2 networks should only transition to full decentralization when their underlying proof systems are highly reliable. In a May 5 post shared on X (formerly Twitter), Buterin emphasized that advancing to “stage 2″ of decentralization must be accompanied by solid technical safeguards to avoid introducing unnecessary risks. He […]
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Indonesia’s Ministry of Communication and Digital has temporarily suspended World (formerly Worldcoin) and its digital identity platform, World ID, citing registration issues and possible violations of local electronic system rules. According to a May 4 statement, the ministry confirmed it had suspended the Electronic System Organizer Registration Certificate (TDPSE) for both Worldcoin and World ID. […]
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Litecoin’s native token, LTC, has posted notable gains amid speculation that the US Securities and Exchange Commission (SEC) may approve a spot Litecoin exchange-traded fund (ETF) proposed by Canary Capital. According to CryptoSlate’s data, the digital asset rose over 4% to reach $89, the highest level seen since March, while most other cryptocurrencies remained flat […]
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The Solana Foundation has revealed that a critical vulnerability affecting its Token-2022 standard was quietly patched in April, averting what could have been a catastrophic breach. If exploited, the flaw would have allowed attackers to mint an unlimited number of tokens or withdraw funds from any account without authorization. According to the post-mortem, the issue […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Initially launching on Sui, Game Dollar is designed to power purchases, subscriptions and rewards across gaming ecosystems.
The native token of the Ethereum-based Movement Network, MOVE, plunged to a historic low following Coinbase’s delisting amid the ongoing controversy tied to questionable market-making activities. The US crypto exchange announced on May 1 that it would suspend MOVE trading across its platforms by May 15, citing the token’s failure to meet its listing standards. […]
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Wemix trading is set to cease on local exchanges starting June 2, with token withdrawals ending on July 2, according to the announcement.
Fr8Tech CEO Javier Selgas said the purchase could effectively advocate fair trade between Mexico and the US.
The recent controversy surrounding MOVE involved alleged token dumping by a market maker, with Coinbase set to suspend trading of the token.
A wave of failures on a previously unimaginable scale has swept over the crypto market at the start of 2025, with a record 1.8 million tokens collapsing during the first quarter. That is almost 25% of all crypto tokens issued since 2021, says a report by crypto information platform CoinGecko. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development A Quarter Of All New Crypto Tokens Collapsed In First Three Months Of 2025 The meltdown hits a massive portion of the crypto market. According to CoinGecko research analyst Shaun Paul Lee, of the almost 7 million cryptocurrencies listed since 2021, over half (3.6 million) have ceased trading entirely. The mortality rate has surged significantly from earlier years. The first three months of 2025 experienced more token failures than any calendar year on record, Lee wrote in his April 30 report. The figure is especially noteworthy compared to the whole span from 2021 through 2023, which represented only 12.6% of all cryptocurrency failures in the last five years. Trump’s Presidency And Market Turbulence Linked To Crypto Demise As the report states, the recent die-off of tokens coincides with wider market volatility since Donald Trump’s inauguration as US President in January. As Bitcoin hit an all-time high during this period, it was followed by a steep decline in crypto markets. Things got worse in March, when both cryptocurrency and equity markets saw unprecedented volatility. This volatility followed Trump’s threat to apply sweeping tariffs, which caused shockwaves in multiple financial markets. Easy Token Creation Tools Caused Market Flooding The record surge in token failures begins back in January of 2024, when an easy token creation tool called Pump.fun emerged. The website allowed for it to be extremely easy to build new cryptocurrencies, causing a torrent of memecoins and lazy projects to flood the market. More than 3 million new crypto tokens were released in 2024 alone – almost four times the amount of 2023, which had slightly more than 835,000 new additions. Prior to Pump.fun, cryptocurrency failures were not very common, with figures in the “low six digits,” Lee’s analysis said. Almost All Pump.fun Tokens Fail To Graduate To Open Market The statistics are such that approximately 98% of tokens minted on Pump.fun do not live past the site. Even at the platform’s most successful week in November of 2024, only 1.67% of memecoins managed to transition to the open market. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed CoinGecko founder Bobby Ong noted in a March report that investor demand for memecoins seems to have dissipated following a string of failed launches. He specifically cited the aftermath of the Libra (LIBRA) token launch as part of the reason. Although Pump.fun saw its all-time weekly trading volume after Trump’s memecoin launched on January 18, the volatility that followed in the markets seems to have subdued the excitement in the crypto sector. The report indicates how the marriage of simple token creation software and volatile market conditions has formed a perfect storm for cryptocurrency collapse, with no indication that the trend will be slowing down as we progress further into 2025. Featured image from Gemini Imagen, chart from TradingView
Ethena Labs, the team behind the synthetic dollar USDe, has announced a strategic partnership with the TON blockchain. According to a May 1 statement, this move brings both USDe and its yield-generating counterpart, sUSDe, directly into the Telegram ecosystem. Ethena said: “This represents one of Ethena’s most meaningful launches to date. [Telegram] Users within [in […]
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A new governance proposal has been submitted to finalize the Sky ecosystem's upgrade from MKR to SKY following its "Endgame" rebrand.
World, formerly known as Worldcoin, has officially launched its identity verification platform in the United States, according to an April 30 statement. The blockchain-based project enables users to confirm their humanity using a World ID, which can now be verified at dedicated centers in six key cities, including Atlanta, Austin, Los Angeles, Miami, Nashville, and […]
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The asset manager's partnership with Sui is deigned to produce product collaborations, research reports and other initiatives.
Industry leaders urged the SEC to provide clear guidance on the regulatory treatment of staking under U.S. securities laws.
A coalition led by the Solana Policy Institute, decentralized exchange Orca, and registered investment adviser Superstate has filed a request with the US Securities and Exchange Commission (SEC) to launch a pilot program for the issuance and secondary trading of securities on public blockchains. The April 30 filing proposes that the SEC grant exemptive relief […]
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The Open Network (TON) Foundation has partnered with Libre, a decentralized infrastructure firm specializing in real-world assets (RWAs), to introduce a $500 million tokenized bond fund tied to Telegram. An April 30 statement stated that the Telegram Bond Fund (TBF) will offer blockchain-based access to institutional-grade yield opportunities. The TBF signals TON’s official entry into […]
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BlackRock, the world’s largest asset manager, has made additional moves to incorporate blockchain technology into its traditional finance operations. According to an April 28 filing with the US Securities and Exchange Commission (SEC), the firm seeks approval to introduce a blockchain-enabled share class, referred to as “DLT Shares,” tied to its $150 billion money market […]
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The ecosystem has now witnessed $1.74 billion in losses year-to-date, though Bybit's $1.46 billion exploit accounts for most of the sum.
Trump Media and Technology Group, the company behind Truth Social and backed by US President Donald Trump, is preparing to deepen its involvement in the crypto space. On April 29, Trump Media CEO Devin Nunes revealed that the firm is considering working on a utility token and a digital wallet to support transactions within its […]
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Pundi AI, a data infrastructure platform that integrates artificial intelligence with blockchain technology, has joined the NVIDIA Inception program, according to an April 29 statement shared with CryptoSlate. The initiative, designed to support cutting-edge AI startups, will offer Pundi AI access to advanced tools, training, and market support. According to the statement, Pundi AI provides […]
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A wallet reportedly linked to the official Donald Trump memecoin project has transferred nearly $20 million worth of TRUMP tokens to centralized exchanges. On April 29, on-chain analyst EmberCN reported that the team’s wallet transferred 1.346 million TRUMP tokens, valued at $19.53 million, to three major exchanges. Data from Arkham Intelligence, cited by EmberCN, revealed […]
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