Coinbase‘s (NASDAQ:COIN) Ethereum Layer 2 network, Base, has taken a significant step toward merging artificial intelligence with decentralized finance by launching Base MCP. This innovative tool enables users to link their Base Accounts directly to popular AI platforms, allowing seamless onchain interactions through natural language conversations. Base MCP leverages the Model Context Protocol (MCP), an open standard that facilitates secure communication between AI systems and external services.
By connecting a user’s Base Account—the core wallet experience within the Base App—to AI interfaces such as ChatGPT, Claude (including its web, desktop, and code variants), Codex, and Cursor, individuals can now instruct their AI agents to handle a variety of blockchain tasks.
The possibilities are seemingly quite expansive. Users can direct their agents to monitor portfolio balances across Base and compatible EVM chains, examine transaction histories, initiate token transfers, execute swaps, and engage with prominent decentralized applications in the Base ecosystem.
What sets this apart is the integration of specialized skill plugins for leading protocols right from the outset.
These include lending platforms like Morpho and Moonwell for exploring markets, supplying assets, or borrowing; decentralized exchanges such as Uniswap and Aerodrome for liquidity management and trading; perpetuals trading on Avantis; and discovery tools like Bankr and Virtuals for new token and agent launches.
Security remains a top priority in the design. The MCP server does not store or access private keys at any point. Instead, when an AI agent prepares a transaction based on a user’s prompt, it generates a secure link.
This opens the Base Account interface in a separate window, where users can review a clear simulation of asset changes, then approve or reject the action explicitly.
This approval flow mirrors standard wallet experiences, ensuring users retain full control and mitigating risks like phishing or unauthorized executions.
Authentication relies on OAuth 2.1 standards, building on existing Base Account infrastructure for a familiar yet enhanced user journey.
This development represents a broader evolution in the “agentic” onchain economy, where AI becomes an active participant in managing digital assets rather than just a conversational tool.
Base’s ecosystem of applications provides a rich foundation, enabling agents to go beyond simple transfers and interact meaningfully with DeFi primitives.
Developers are also encouraged to contribute by creating custom skill plugins using straightforward markdown specifications that integrate with APIs or other MCP servers.
Base MCP positions the network at the forefront of AI-crypto convergence. As more integrations and refinements roll out—including improved prompting and expanded protocol support—everyday users could soon manage complex onchain activities with chat commands, thus potentially lowering barriers to blockchain participation.
Widely followed trader Inmortal says this year will see massive rallies for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and one additional altcoin.
The pseudonymous trader tells his 214,000 followers on the social media platform X that API3 (API3), a decentralized data oracle network that aims to connect traditional APIs with blockchain applications, is ready to “get sent” after a long consolidation period.
[adinserter block="1"]
Inmortal mentions API3’s recent strategic funding round led by digital asset investment firm DWF labs and the bullish technicals on the altcoin’s chart.
“API3 about to get sent.
API3 has successfully concluded a strategic funding round, allocating treasury assets in exchange for four million USDC.
About the chart? nothing more to add, it’s just hyper bullish.
> +600 days accumulation over
> Clean retest of acc zone.
Send it.”
Source: Inmortal/X Looking at the trader’s chart, he seems to predict that the Ethereum-based altcoins will hit $6. At time of writing, API3 is trading at $3.37, up over 9% in the past day.
Looking at the broader markets, Inmortal is predicting strong 2024 finishes for BTC, ETH and SOL. According to the analyst, the next couple of months will likely be uneventful for much of the digital asset markets but expects a full-blown “parabolic uptrend” in Q4.
“> Boring June-July (chop + some traps for both sides)
> Uptrend resume in August
> Parabolic trend all Q4
BTC goes above $100,000, ETH above $10,000, $SOL above $500.
Altcoins do a x2-x5
Analyst comments continue to hold significant importance in the world of cryptocurrencies. One closely followed analyst, Inmortal, has indicated that this year could see significant price rallies for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and an altcoin.
Inmortal shared a post on X to make important announcements. In his statement to thousands of followers, he mentioned that API3, a decentralized data oracle network aiming to integrate traditional APIs into blockchain applications, is ready to rise after a long consolidation period.
Inmortal discussed the recent strategic funding round led by DWF Labs, one of the world’s leading investment firms, and the bullish outlook on the altcoin’s chart.
API3 is about to rise. API3 successfully completed a strategic funding round by allocating treasury assets worth four million USDC. What about the chart? Nothing more to add, just hyper bullish.
Accumulation for over 600 days.Clean retest of the Acc region.Send it.
According to the trader’s comment, the Ethereum-based altcoin API3 could reach $6. As of the time of writing, API3 is trading at 3.20 after a 3.97% drop in the last 24 hours.
API3’s market cap remains at 276 million dollars following the recent drop, while its 24-hour trading volume exceeded 48 million dollars after a 64% increase.
Inmortal also looked at leading cryptocurrencies BTC, ETH, and SOL, indicating a strong outlook for the rest of the year. The analyst noted that the coming months will likely be stagnant for cryptocurrencies, but a fully developed “parabolic uptrend” could form by the fourth quarter.
Boring June-July (some traps on both sides)Uptrend continued in August.Parabolic trend throughout Q4.BTC surpasses $100,000, ETH over $10,000, SOL above $500. Altcoins will multiply x2-x5. Charts never lie.
As of the time of writing, Bitcoin is trading at $69,100, while Ethereum continues to trade around $3,772. Following recent BTC and ETH ETF news, SOL is thought to be trading at $166.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
5 minutes ago
JPMorgan Chase raised its S&P 500 target to 7,800 points, while warning of an overcrowded AI trade.
JPMorgan Chase has raised its year-end outlook for U.S. stocks, while cautioning investors that the overcrowding in AI-related momentum stocks is becoming the market’s most vulnerable segment. The JPMorgan strategy team led by Dubravko Lakos-Bujas lifted its 2026 year-end target for the S&P 500 from 7,600 to 7,800 points, citing continued upward revisions to corporate earnings expectations and nearly doubling of AI-related capital expenditures. The bank noted that consensus earnings expectations for both 2026 and 2027 have been revised up by roughly 10% since the start of the year, a magnitude typically only seen in the recovery phase after a recession or major shock. However, JPMorgan does not interpret this upward revision as a risk-free rally. The bank pointed out that low-quality growth stocks, speculative growth stocks, and second- and third-tier AI-related concept stocks have become "extremely overcrowded," and a pullout of capital could trigger a rapid correction. The strategists also noted that rising equity supply in the coming quarters and potentially tight monetary policy could cap further valuation expansion. On the allocation front, JPMorgan recommends a barbell strategy: holding high-quality growth stocks and stocks directly benefiting from AI on one end, and low-volatility, high-quality stocks as a portfolio buffer on the other. The bank remains bullish on tech, select industrials, utilities, defense, banks, and some healthcare growth stocks, but believes the market’s upward trajectory will not be linear.
5 minutes ago
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
5 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
5 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
5 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
[PRESS RELEASE – San Francisco, United States, January 22nd, 2025]
Boba Network has announced the integration of Nucleus, a protocol designed for blockchain networks. This collaboration enables users bridging ETH, Liquidity Staking Tokens (LSTs), or Liquidity Reward Tokens (LRTs) to the Boba Network to engage with Ethereum mainnet functionalities while accessing various DeFi protocols, gaming platforms, and NFT marketplaces
The partnership aligns with Boba Network’s focus on scalability and user-focused development. The integration of Nucleus expands Boba Network’s ecosystem offerings, highlighting advancements in cross-chain functionality and composable infrastructure.
Enhancing Results Through Cohesion
ETH, LSTs, or LRTs bridged to Boba Network are integrated into the network’s system, facilitating seamless interaction with decentralized applications. This approach aims to optimize user engagement without additional complexity. This version removes promotional language and references to financial benefits, focusing solely on functionality. Frictionless Cross-Chain Operations Secure interchain messaging protocols connect Ethereum Mainnet and Boba Network, enabling efficient yield aggregation. The flow of assets and rewards benefits from streamlined coordination between chains. Composable Infrastructure Smart contracts empower cross-chain deposits, withdrawals, and liquidity management. This allows developers to build robust decentralized applications that incorporate Nucleus’s functionality without added complexity. Boba Network as a Foundation for Innovation
Boba Network’s advanced capabilities support Nucleus’s goal of integrating core functionalities into blockchain ecosystems.
HybridCompute™ Off-chain data computation at scale lowers costs and boosts performance for yield-bearing protocols. Account Abstraction Simplified user interactions reduce onboarding barriers and enhance overall accessibility. Low Transaction Costs Lower fees support high-volume user participation and provide a cost-effective environment for dApp developers. This synergy bolsters ecosystem capabilities, drives the adoption of decentralized technology, and sets the stage for new market opportunities.
Aligning with Nucleus’s Mission
By deploying on Boba Network, Nucleus aims to integrate core functionality across multiple crypto networks. This approach supports ecosystem participation by leveraging Boba Network’s features, including speed, cost-efficiency, and access to a range of decentralized applications.
What the Integration Brings
For Users: Convenient access to a variety of applications within the Boba Network ecosystem. For Developers: Tools and resources for integrating advanced features into decentralized applications to support innovative product development. For Ecosystems: Increased network activity supported by integrated functionalities, contributing to the ongoing development of blockchain technology. Setting a New Standard for Blockchain Networks
The collaboration between Nucleus and Boba Network aims to integrate advanced network functionalities as a core feature rather than an additional option. This integration seeks to enhance the accessibility and utility of blockchain technology, supporting broader adoption and facilitating advancements in decentralized finance and related fields.
Users can learn more about Nucleus on Boba Network and experience how this integration is redefining blockchain networks.
About Nucleus
Nucleus is a protocol designed to integrate core functionalities at the foundational layer of blockchain ecosystems. By streamlining cross-chain operations and providing developers with tools for integrating advanced features, Nucleus aims to enhance how users interact with Web3 technologies.
About Boba Network
Boba Network is a multichain Layer 2 solution designed for scalability, low transaction costs, and enhanced developer capabilities. Through innovations such as HybridCompute™ and account abstraction, Boba Network supports diverse dApps spanning DeFi, gaming, and NFTs, aiming to bring the next wave of users into the blockchain space.
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Changpeng ‘CZ’ Zhao, the former CEO of Binance, has been goaded by some fans to launch a meme coin inspired by his own pet dog. The entire thing went down on X, where CZ was first asked whether he even has a pet dog. As every man and his dog look to launch meme coins of their own, we review some of the best to buy right now.
Nobody Without a Meme Coin It seems the idea of a pet meme coin sparked CZ’s imagination, as he followed up by inquiring how meme coins work. Half an hour later, we had the crypto legend saying, ‘Will mull it over for a day or so, as usual for big decisions.’
Although the crypto market has its fair share of dog-themed meme coins ($DOGE, $SHIB, and $BONK) – all market leaders, by the way – one by CZ himself would likely also be a hot property.
Binance’s former top dog harboring meme coin ambitions follows the launch of many other celebrity-endorsed coins. These include the Trump family coins, $TRUMP and $MELANIA, Iggy Azalea’s $MOTHER, and Andrew Tate’s $DADDY coin.
In this article, we’ve handpicked 4 of the best meme coins set to explode 100x in this new meme coin bull run
1. BTC Bull ($BTCBULL) – Top Meme Coin for Bitcoin Bulls BTC Bull ($BTCBULL) is easily one of the best new cryptos to buy right now, offering the ideal low-cap investment opportunity for Bitcoin maximalists.
Instead of simply standing on the sidelines and cheering on the OG cryptocurrency, you can become a $BTCBULL token holder and get a taste of the action.
BTC Bull will reward token holders with free $BTC airdrops whenever Bitcoin reaches new milestones. By this, we mean price points, as in $150K, $200K, $250K, and so on – all the way up to $1M, which is BTC Bull’s ultimate goal for Bitcoin.
What’s more, the project plans to burn a part of its total supply at similar intervals, i.e., when $BTC hits $125K, $175K, and $225K.
Token burns boost demand and shoot the token’s price up, resulting in even more gains for early adopters. Those who buy in the presale stage can also benefit from the project’s 339% staking rewards.
The $BTCBULL presale has raised a whopping $1.1M in less than 3 days from its launch, and it’s all set to make some big waves in the coming weeks. You can get 1 $BTCBULL for just $0.00236 before the price goes up in two days.
2. Solaxy ($SOLX) – Meme Coin Breathing New Life Into Solana Launched towards the end of 2024, Solaxy ($SOLX) has just crossed the $20M mark in presale funding, making it one of the best crypto presales of 2025.
The driving force behind Solaxy’s growth is its goal of creating the first-ever Layer 2 network for the Solana blockchain.
Although Solana is the official home of meme coins and has seen an unprecedented surge in trading activity lately, there are several issues holding it back. These include network congestion, slow transactions, and limited scalability.
Solaxy aims to tackle these issues by creating a new layer 2 network for Solana, with $SOLX as the central native currency.
As a multi-chain token that bridges both Ethereum and Solana, Solaxy will reduce the workload on Solana to deliver a fast and frictionless experience.
Moreover, it’ll reduce the overall costs involved in using Solana. No wonder why our Solaxy Price Predictions paint a bright future ahead.
You can join the Solana revolution. Simply visit the $SOLX presale and buy your tokens for just $0.001634 each. If this is your first presale purchase, here’s a detailed guide on how to buy $SOLX.
3. Dogecoin ($DOGE) – OG Canine Meme Coin that Leads the Pack It’d be fair to assume Dogecoin’s success has had a role to play in inspiring new dog meme coin ideas like CZ’s.
Inspired by an actual pet dog named Kabosu, $DOGE wasn’t just the first dog-themed crypto; it was, in fact, the first meme coin ever.
Plus, with over 46,000% returns in the last 4-5 years, and a current market cap of some $39B, $DOGE is a testament to the power of meme coins to generate fun, hype, and mind-blowing returns.
Although the OG doggo has been facing severe selling pressure recently, whales are taking full advantage of $DOGE’s discounted prices, having bought 100M $DOGE just a few days ago.
Furthermore, analysts believe Dogecoin could be on the verge of a strong bullish wave, which could see the token surge past $2.43. That would result in a nearly 10x return for those who get $DOGE now for just $0.256.
4. Shiba Inu ($SHIB) – The Other Dog Meme Coin Dominating the Market Shiba Inu might not have the same yields as its counterpart Dogecoin, but it’s still the second largest meme coin in the world, thanks to a market cap of nearly $10B.
This Ethereum-based altcoin is often referred to as the ‘Dogecoin killer,’ seeing as it, too, features a dog (a Japanese breed of hunting dog, to be precise) as its mascot.
It’s worth noting that $SHIB follows a deflationary model wherein the total token supply is regularly burned or decreased to maintain demand and volatility.
Currently trading for just $0.00001623, $SHIB is showing signs of a potential breakout to the upside, which could result in a ginormous 250% surge in its price.
Verdict As CZ considers the meme appeal of his dog and BTC Bull looks to join in the action, it seems animal-based tokens will remain some of the best cryptocurrency to invest in right now.
Hype aside, it’s important to only invest an amount you’re comfortable losing because the crypto economy is pretty volatile.
As always, none of the above is a substitute for financial advice, as we urge you to do your own research before investing.
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
3 minutes ago
JPMorgan Chase raised its S&P 500 target to 7,800 points, while warning of an overcrowded AI trade.
JPMorgan Chase has raised its year-end outlook for U.S. stocks, while cautioning investors that the overcrowding in AI-related momentum stocks is becoming the market’s most vulnerable segment. The JPMorgan strategy team led by Dubravko Lakos-Bujas lifted its 2026 year-end target for the S&P 500 from 7,600 to 7,800 points, citing continued upward revisions to corporate earnings expectations and nearly doubling of AI-related capital expenditures. The bank noted that consensus earnings expectations for both 2026 and 2027 have been revised up by roughly 10% since the start of the year, a magnitude typically only seen in the recovery phase after a recession or major shock. However, JPMorgan does not interpret this upward revision as a risk-free rally. The bank pointed out that low-quality growth stocks, speculative growth stocks, and second- and third-tier AI-related concept stocks have become "extremely overcrowded," and a pullout of capital could trigger a rapid correction. The strategists also noted that rising equity supply in the coming quarters and potentially tight monetary policy could cap further valuation expansion. On the allocation front, JPMorgan recommends a barbell strategy: holding high-quality growth stocks and stocks directly benefiting from AI on one end, and low-volatility, high-quality stocks as a portfolio buffer on the other. The bank remains bullish on tech, select industrials, utilities, defense, banks, and some healthcare growth stocks, but believes the market’s upward trajectory will not be linear.
3 minutes ago
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
3 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
3 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
3 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
Uniswap founder Hayden Adams has submitted his first-ever governance proposal in the protocol’s history, titled “UNIfication.” The plan seeks to activate protocol fees, introduce a UNI-burning mechanism, and realign incentives across the ecosystem.
The announcement boosted investor confidence. Following Adams’ announcement, Uniswap’s native token, UNI, surged to a two-month high.
The UNIfication Proposal ExplainedThe UNIfication proposal from Adams, on behalf of Uniswap Labs and the Uniswap Foundation, seeks to make Uniswap the leading decentralized exchange. The plan activates protocol fees that will be used to burn UNI tokens, making it a deflationary asset.
At launch, fees will apply to Uniswap v2 and major v3 pools on Ethereum. For v2, liquidity providers (LPs) will earn 0.25% per trade, with 0.05% allocated to the protocol. For v3, governance will collect one-fourth or one-sixth of the liquidity provider fees, based on the fee tier.
The proposal calls for a burn of 100 million UNI from the Uniswap treasury as a retroactive burn. This represents the amount that might have been burned if fees had been active since the protocol’s start.
“Unichain launched just 9 months ago, and is already processing ~$100 billion in annualized DEX volume and ~$7.5 million annualized sequencer fees. This proposal directs all Unichain sequencer fees, after L1 data costs and the 15% to Optimism, into the burn mechanism,” the proposal reads.
The introduction of Protocol Fee Discount Auctions enables users and liquidity providers to bid for fee-free trading periods. This innovation aims to benefit liquidity providers and maximize protocol value. Aggregator hooks will allow Uniswap v4 to act as an on-chain aggregator, collecting protocol fees from external liquidity sources.
Governance and Structural ChangesBesides fee activation and burning, the UNIfication proposal overhauls Uniswap’s structure. Uniswap Labs will cease collecting fees on its app, wallet, and API, and will instead use the funds to fuel protocol growth and adoption.
The plan also shifts Foundation employees to Labs under a growth fund supported by the treasury. This move aims to unify the ecosystem and speed up protocol expansion. Governance-owned Unisocks liquidity will transfer to v4 on Unichain, then the liquidity position will be burned.
The proposal still requires approval from the Uniswap community before changes can take effect. The governance process will take around 22 days, including a 7-day comment period, a 5-day snapshot vote, and a 10-day on-chain execution window.
Adams emphasized the proposal’s importance in his announcement on X. He highlighted the regulatory hurdles Uniswap Labs faced, noting the significant legal costs. The regulatory environment’s recent evolution now supports this shift in governance.
“UNI launched in 2020, but for the past 5 years Labs has been unable to meaningfully participate in Uniswap governance, and has been greatly restricted in the ways it can build value for the Uniswap community. That ends today!” he said.
Market Response and UNI Price ActivityAfter Adams’ announcement, UNI’s price pumped. It reached a high of $10 in early Asian trading hours. This level was last seen in September.
At the time of writing, the altcoin traded at $9.43. This represented an appreciation of 41.7% over the past day.
Uniswap (UNI) Price Performance. Source: BeInCrypto MarketsThis reaction highlights investor confidence in Uniswap’s new direction. Token burns play a crucial role in shaping a cryptocurrency’s long-term value.
By permanently removing tokens from circulation, the supply decreases, potentially increasing scarcity. When demand remains steady or grows, as often happens with successful ecosystem expansions, this scarcity can exert upward pressure on price.
“Uniswap could go parabolic if the fee switch is activated. Even just counting v2 and v3, with $1 trillion in YTD volume, that’s about $500 million in annual burns if volume holds. Exchanges hold $830 million, so even with unlocks, a supply shock seems inevitable. Correct me if I’m wrong,” CryptoQuant CEO Ki Young Ju stated.
However, some community members have voiced concerns about insider advantages and potential conflicts of interest. Critics questioned whether early investors could have positioned themselves ahead of the announcement and how the proposal might affect existing equity holders.
Uniswap is once again making headlines in the DeFi sector after Hayden Adams, founder and CEO of Uniswap Labs, announced a major governance proposal to activate protocol fees and align incentives across the Uniswap ecosystem. The announcement sent shockwaves through the market, with UNI’s price surging more than 50% in the hours following the news — reflecting renewed optimism among investors and traders.
In a post shared on X, Adams reflected on Uniswap’s evolution: “Uniswap has been my passion and singular focus for the past 8 years. What started as a small side project is now global financial infrastructure powering thousands of applications with ~$1.8 trillion in annual trading.”
Since UNI’s launch in 2020, Uniswap Labs has been largely unable to meaningfully participate in governance, constrained by regulatory pressures that Adams said cost “thousands of hours and tens of millions in legal fees.” Now, with the regulatory environment shifting, those limitations appear to be easing.
Inside Hayden Adams’ Vision to Reshape Uniswap’s Future In his new governance proposal, Uniswap founder Hayden Adams outlined a sweeping plan to overhaul how the protocol operates, distributes value, and aligns incentives across its ecosystem. “At a high level,” Adams explained, the proposal seeks to activate protocol fees and direct them toward UNI burns, creating a sustainable mechanism for value accrual.
The plan also includes sending Unichain sequencer fees to the UNI burn, further tightening the token’s supply, and burning 100 million UNI from the treasury, representing the fees that could have been burned if the mechanism had been active since launch. Another major component introduces Protocol Fee Discount Auctions, a new feature designed to improve liquidity provider (LP) outcomes and capture MEV (miner extractable value) directly for the protocol.
Adams also proposes “aggregator hooks” for Uniswap v4, turning it into an on-chain aggregator capable of collecting fees from external liquidity sources — a move that could expand Uniswap’s reach across the DeFi ecosystem. Beyond these technical changes, the proposal redefines the role of Uniswap Labs, directing it to focus exclusively on protocol growth and governance-aligned initiatives, while ending fee collection on its interface, wallet, and API to encourage wider adoption.
Uniswap Aggregator Hooks | Source: Uniswap Finally, the plan would merge Foundation employees into Labs under a new growth fund and move governance-owned Unisocks liquidity to v4 on Unichain, where it would be burned.
However, not everyone sees this as purely bullish. Some analysts argue the move reflects growing pressure from rivals like Aerodrome Finance, whose rapid ecosystem expansion has drawn liquidity away from Uniswap. From this perspective, the proposal may represent both a bold strategic pivot and a defensive play to reassert Uniswap’s dominance in a fast-evolving DeFi landscape.
UNI Price Analysis: Massive Breakout Follows Governance Proposal Uniswap’s native token, UNI, posted a powerful rebound following Hayden Adams’ governance proposal, with price action reflecting a decisive change in sentiment. As seen on the 3-day chart, UNI surged nearly +50%, climbing from around $5.80 to a local high above $10.30 before stabilizing near $8.20 at the time of writing. The spike came alongside a sharp rise in trading volume, indicating strong market participation and renewed investor confidence.
UNI testing critical resistance | Source: UNIUSDT chart on TradingView Technically, UNI’s breakout has reclaimed both the 50-day and 100-day moving averages, suggesting a potential shift in momentum after months of bearish consolidation. However, the 200-day moving average near the $9.50–$10.00 zone remains a critical resistance level to watch. A clean break above it could open the door for a continuation toward the $12–$14 range, where UNI last faced heavy distribution.
The volume profile highlights significant accumulation pressure beneath $6, aligning with long-term support tested multiple times since mid-2024. While the market may see short-term retracement following such a sharp move, the combination of bullish fundamentals and structural recovery on the chart suggests UNI could be entering a new medium-term accumulation phase — with its next trajectory likely tied to community approval of the newly proposed protocol fee activation.
Featured image from ChatGPT, chart from TradingView.com
Ethereum depends on mining or “proof-of-work,” meaning that individual users competitively contribute computing power to validate blocks and transactions. They also earn ETH in the process.
Though Bitcoin originally introduced mining, it is increasingly hard to profit from Bitcoin mining. As a result, Ethereum mining has become a compelling alternative for crypto users, especially for mainstream computer components.
Before getting started, it’s important to consider costs, profits, and requirements.
Ethereum’s Mining Algorithm Ethereum currently uses a mining algorithm called Ethash.
For practical purposes, this simply means that Ethereum is moderately ASIC-resistant. ASICs built specifically for Ethereum mining will not perform much better than high-end, general purpose GPUs. This also means that ASICs built for Bitcoin mining will not mine Ethereum efficiently.
Ethereum’s mining algorithm may change in the future. Developers are debating whether to introduce ProgPOW, which could give Ethereum ASICs less of an advantage over GPUs. Whether you plan to mine with a GPU or an ASIC, you’ll need to purchase a device before you start.
Device Profitability Efficient mining devices have a high hashrate (MH/s), meaning that they will solve calculations quickly and earn more ETH. Energy efficiency (W) is also important, as power bills cut into profits.
Several high performance GPUs are commonly used right now:
GTX TitanV 8, 656 MH/s, 2150W, selling at ~$3000 RTX 2080 8, 552 MH/s, 2430W, selling at ~$800 GTX 1080Ti 8, 440 MH/s, 2150W, selling at ~$1000 RTX 2080 Nvidia GPU There are also a few high-performance Ethereum ASICs on the market, including:
Innosilicon A10 Ethmaster, 485 MH/s, 850W, ~$5650.00 Innosilicon A10 Ethmaster, 365 MH/s, 650W, price unknown Bitmain Antminer E3, 180MH/s, 760W, ~$1260, may become obsolete in Oct. 2020 A10 ETH miner by Innosilicon Upcoming ASIC models include:
Zhejiang Microcomputer V10, 2200 MH/s, 1500W, price unknown Linzhi, 1400 MH/s, 1000W, price unknown The top-performing devices yield daily revenue of $5.00 to $9.00 as of April 2020. Taking into account energy costs, profits for the same devices yield net profits between $3.00 to $6.00.
Profits and revenue are subject to change based on fluctuating ETH prices and personal electricity costs. Up-to-date information can be calculated on sites like F2Pool, CryptoCompare, or WhatToMine.com.
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Upfront Costs Though higher hashrates offer greater revenue, it is important to consider upfront costs, depreciation, and electricity efficiency. It may take years to recover the initial “price tag” cost of any device, whether it is a GPU or an ASIC.
Unfortunately, ASICs can become obsolete quickly. If developers decide to change Ethereum’s mining protocol, an ASIC may even become useless. Even if developers do not make a deliberate change, ASIC manufacturers may have trouble providing up-to-date firmware, as seen with Bitmain’s Antminer E3.
Unlike ASICs, GPUs can always be resold, because they are useful for gaming and system performance in general. Constant mining can cause GPUs to wear out without proper maintenance and cooling, which can greatly reduce their resale value—but they are usually easier to resell than ASICs since they can be put to other uses outside of mining.
It is also possible to mine Ethereum with low-end, past-generation, or integrated GPUs. However, the profit margin may be very small, and electricity costs may cause you to lose money overall. As such, it’s important to know your cost of electricity before getting started.
Gradual Changes Ethereum’s mining protocol and network is changing gradually, and those changes affect profits. On a positive note, Ethereum’s total hashrate has declined since November 2018, meaning that Ethereum mining is less competitive in a relative sense.
However, mining rewards have also fallen. In February 2019, Ethereum’s Constantinople hard fork reduced block rewards from 3 ETH to 2 ETH, making mining less profitable in absolute terms. It’s likely to continue to decrease.
Similarly, a “difficulty bomb,” which will make it harder to mine each block, may be set off soon, though it has been delayed in several recent updates including January 2020’s Muir Glacier upgrade.
These two changes are meant to discourage mining and make way for staking. Ethereum 2.0 will introduce staking, but it has been delayed continually and will not replace mining entirely at first—meaning that Ethereum mining should remain viable for quite some time.
Pool Mining “Solo mining” is unlikely to discover a block, meaning that individual miners must join a pool. Mining by yourself may mean waiting months, or even years, before getting a payout.
As part of a mining pool, you will share profits with other miners and pay fees. Though this will reduce your rewards slightly, usually amounting to 0.2-2%, you will also earn rewards on a much more regular basis.
The largest pools include Sparkpool, Ethermine, F2pool, and Nanopool:
Via Etherchain.org Each pool has slightly different fees, payout models, and payment thresholds. Typically, fees are around 1%, and you will need to earn roughly 0.1 ETH before cashing out. However, even with these restrictions it’s usually worth it to have more consistent earnings.
You’ll also need to install mining software and configure it according to your mining pool’s instructions. Ethminer, CGMiner, Claymore, Geth, and Phoenix Miner are all popular and freely available. Be sure to download from an official or reputable website to avoid phishing scams.
Cloud Mining Ethereum Instead of buying your own ASIC or GPU, it’s also possible to rent Ethereum hashpower from a remote provider. NiceHash, Genesis Mining, Minergate, CCG Mining, and IQ Mining all provide this service.
Cloud mining has some appeal: you don’t need to maintain or set up your hardware, pay electricity costs, or consider how many hours per day you will spend mining. You simply need to buy a contract.
Unfortunately, cloud mining services are not as transparent or accountable as mining pools. You will need to pay up front—which is a risk, as cloud services may go out of business or improperly manage their funds. NiceHash, for example, recently declared that it is unable to repay victims of an attack.
Though there are many vocal critics of cloud mining services, they remain fairly popular. However, in general, it’s near-impossible to earn consistent profits through cloud mining. The only way to earn money through mining is by maintaining an efficient machine with affordable hardware and a low cost of electricity.
Altcoin Mining Ethereum is not the only Ethash-based coin. It is also possible to mine Ethereum Classic, QuarkChain, Ellaism, Expanse, EtherGem, Ubiq, Ether-1, Dubaicoin, Callisto, EtherSocial, and Metaverse. These altcoins provide the opportunity for even larger profits.
Though it is possible to mine the most profitable Ethash coin at any given moment, Ethereum is generally the most profitable option. Fortunately, you are not limited to Ethash-based coins. Dual miners like Claymore allow you to mine Ethereum alongside non-Ethash coins like Decred or Siacoin. This can increase profitability.
Predicting which altcoins will rise in price is another strategy. However, this is extremely difficult, and if it were possible, it may be more efficient simply to buy those counts when prices are low. Nevertheless, mining altcoins is a good way to build a position in altcoins without having to buy them from sometimes dubious cryptocurrency exchanges.
In Summary Ethereum mining is a viable option, especially when compared to Bitcoin mining. Advantages include:
Reasonably high profits GPU mining support, at least for high-end GPUs Several coins to mine and dual mining support Plenty of mining pools to choose from There are also some negative qualities:
High upfront costs for GPU and ASIC devices Uncertainty around the future of ASIC miners Rising difficulty and falling block rewards Staking may replace mining in the next few years In all, mining is a great way to better understand cryptocurrency and gain valuable technical know-how. If done correctly, it’s possible to earn consistent profits while building a portfolio of cryptocurrency holdings.
Disclosure: This article was edited by Mike Dalton. For more information on how we create and review content, see our Editorial Policy.
Conflux Capital, a provider of automated digital asset solutions, today announced the expansion of its quantitative trading framework designed to provide institutional-grade stability for BTC and ETH portfolios. As digital asset markets experience increased volatility, the platform’s data-driven models offer a technical alternative to manual portfolio management.
In response to shifting market dynamics, Conflux Capital’s suite of quantitative strategies aims to assist users in navigating uncertainty through algorithmic risk mitigation. By prioritizing objective data over speculative trends, the platform has become a focal point for investors seeking a structured approach to digital asset allocation.
The current market environment underscores the importance of sophisticated management tools. The model is designed to lower technical barriers while providing a scalable environment for long-term platform engagement. The use of automated, value-oriented technology represents a critical step in modern digital asset management.
A New Standard in Digital Asset Infrastructure: Conflux Capital provides a proactive alternative to traditional “buy and hold” strategies. By leveraging short-term digital strategies, the platform allows users to deploy computing resources efficiently, reducing the need for constant manual market oversight.
Key Platform Features include:
Automated Execution: Once a strategy is initiated, proprietary algorithms manage operations autonomously, with performance metrics updated in the user interface daily. User-Centric Flexibility: The platform supports seamless transfers to private digital wallets, ensuring user autonomy. Enterprise-Grade Security: Asset environments are protected by a multi-layered security framework, including integrations with McAfee and Cloudflare. Global Scalability: Conflux Capital’s infrastructure currently supports over 3 million users across 195 countries and regions. Diverse Asset Compatibility: The platform provides technical support for a wide range of assets, including XRP, DOGE, SOL, BTC, ETH, LTC, USDC, USDT, BNB, and BCH. Streamlined Platform Integration: The Conflux Capital ecosystem is built for operational efficiency, allowing users to engage with the technology through a three-step process:
Account Registration: Secure onboarding is completed in under one minute. Strategy Selection: Users choose from tiered service plans—ranging from entry-level modules to institutional-grade scaling—based on duration and technical requirements. Automated Oversight: Upon activation, intelligent algorithms handle execution, providing a hands-off operational experience. About Conflux Capital
Founded in 2023 and headquartered in London, Conflux Capital is a licensed digital asset service provider. The company specializes in professional value-enhancement through advanced trading strategies, intelligent algorithms, and automated cryptocurrency solutions. By providing a 24/7 automated environment, Conflux Capital enables global users to optimize their digital asset allocations through technology-driven discipline.
Official Website: https://confluxcapital.com
Mobile Application: https://confluxcapital.com/download/
Conflux Capital announced the upgrade of its automated AI-driven trading engine, introducing enhanced management capabilities for Bitcoin and Ethereum investment portfolios. The update reflects the company’s focus on improving efficiency and stability in automated cryptocurrency trading through advanced algorithmic models and data analysis.
AI-Driven Quantitative Trading in Crypto Investment
As AI-driven cryptocurrency trading and algorithmic technologies continue to develop, traditional investment methods based on manual decision-making are increasingly supplemented by data-driven models. Conflux Capital has developed an automated trading system that integrates real-time market data, price volatility analysis, and liquidity monitoring.
The system is designed to identify market trends and execute buy and sell orders based on predefined parameters, supporting more structured investment processes. It is intended for use by both institutional participants and individual users seeking automated approaches to digital asset management.
Automated Trading Systems Enhance Returns and Risk Control
In the current Bitcoin and Ethereum investment landscape, risk control has become a critical factor. Conflux Capital’s fully automated quantitative trading robot system achieves the following advantages through preset strategies and dynamic adjustment mechanisms:
24/7 Automated Trading: No manual monitoring required; the system runs continuously. Intelligent Risk Management: Automatically controls position sizing and stop-loss strategies. High-Frequency Data Analysis: Rapidly responds to market changes. Stable Return Model: Optimizes long-term investment performance. Compared to traditional “Buy and Hold (HODL)” strategies, quantitative trading emphasizes the combination of short-term opportunity capture and long-term compound growth.
A Global Crypto Investment Platform
Conflux Capital, a technology service provider specializing in quantitative cryptocurrency trading platforms, is continuously expanding its global influence. The platform supports multiple mainstream digital assets, including BTC and ETH, and is also compatible with popular cryptocurrencies such as USDT, USDC, BNB, SOL, and XRP.
Its system architecture is designed specifically for high-concurrency trading environments, meeting the needs of global users for automated investment and intelligent asset management.
Simplified Process, Lowered Barrier to Entry
To enable more users to participate in automated cryptocurrency trading, Conflux Capital offers a simplified process: Quickly register an account (users can register to receive a $20 bonus and a stable daily income of $0.80)
User Access and Platform Process
Users can select a quantitative trading strategy and activate the automated trading system through a simplified process. The platform is designed to minimize procedural complexity, enabling users to initiate trading operations without extensive setup requirements.
Leading the Future: The AI + Blockchain Investment Ecosystem
With the deep integration of blockchain technology and artificial intelligence, intelligent quantitative trading is becoming a crucial development direction in digital finance. Conflux Capital’s continuous innovation reflects the industry’s trend towards automation, datafication, and intelligence.
In the future, as the market expands and technology advances, quantitative trading platforms will play an even more critical role in crypto asset management, providing global investors with more efficient and transparent solutions. Users can join now and receive a $20 welcome bonus.
More information:
Users can visit the official website: https://confluxcapital.com and download the application: https://confluxcapital.com/download/
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Move over, Bitcoin and Ethereum. The meme coin market is barking mad with Shiba Inu (SHIB) quietly stealing the show in 2024. While the big dogs have been grabbing headlines with new all-time highs, the self-proclaimed “Doge Killer” has been on a tear, outperforming its established rivals with a nearly 210% year-to-date (YTD) surge.
While Bitcoin and Ethereum have garnered significant attention for their price performance, Shiba Inu has quietly outpaced both, achieving impressive growth and capturing the interest of investors and analysts alike.
Shiba Inu’s Meteoric Rise: A Tale of Adoption And Innovation Shiba Inu’s SHIB token has witnessed a staggering 246% price increase since the beginning of the year, reaching a peak of $0.00003599 before settling at a slightly lower but still remarkable price of $0.00002779. This unexpected surge has propelled Shiba Inu into the spotlight, raising questions about the factors behind its success.
SHIB price action in the last year. Source: Coingecko At the time of writing, SHIB was trading at $0.000028, up 10% in the last 24 hours, but shed 17% in the last seven days, data from Coingecko shows.
The key driver behind Shiba Inu’s remarkable performance lies in the burgeoning adoption and utilization of Shibarium, an Ethereum Layer 2 network introduced by the Shiba Inu ecosystem in August 2022. Shibarium has overcome initial challenges and gained significant traction, with major crypto platforms like Gate.io integrating the network.
Source: Shibariumscan This integration has facilitated the processing of over 410 million transactions on Shibarium, demonstrating its robustness and efficiency compared to other Layer 2 solutions. The widespread adoption of Shibarium has fueled optimism among investors, contributing to the token’s price surge.
Bitcoin And Ethereum: Steady Growth Amidst The Shiba Inu Storm While Shiba Inu has stolen the limelight, Bitcoin and Ethereum have also experienced substantial growth this year, albeit at a more measured pace. Bitcoin has breached its previous all-time high, reaching new price discovery territory as it surpassed multiple resistance points above $70,000. Despite setting new records, Bitcoin’s year-to-date (YTD) gain stands at a steady 65%, starting the year at $42 and currently trading at $68,049.
Ethereum, on the other hand, has demonstrated impressive price performance, soaring above several resistance levels to trade at $3,840 at the time of writing. Beginning the year at $2,280, Ethereum has slightly outperformed Bitcoin with a YTD increase of 68.5%. While these gains are significant, they pale in comparison to Shiba Inu’s remarkable 246% surge.
Potential For Further Growth: A Promising Horizon Despite its impressive rally, the memecoin is still 170% away from reclaiming its 2021 all-time high, while Bitcoin has already surpassed its previous peak. This discrepancy has led market analysts to anticipate even more substantial price surges for SHIB, as it suggests significant room for growth. As a result, price projections predicting rallies towards the $0.01 territory have emerged, further fueling investor excitement.
Featured image from Pexels, chart from TradingView
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The meme coin market is buzzing again—and not in a “just another Tuesday” kind of way. As Bitcoin continues testing the $65K ceiling and Ethereum eyes new use cases under Vitalik’s latest roadmap, meme coins have clawed their way back into the spotlight. Retail money’s pouring in, altcoin dominance is heating up, and let’s face it—when meme coins start trending on TikTok again, you know something big’s brewing in the basement.
Meanwhile, crypto Twitter has shifted from “blue-chip bagholder therapy” back to doing what it does best: aping into anything with a cartoon character, a storyline, or—ideally—a combination of both. Add a sprinkle of staking, a well-paced presale, and a cheeky deflationary twist, and suddenly, degens and boomers alike are meowing about ROI again. Bonk just broke 800K wallets. Bone Shibaswap is pumping off governance news. And a very certain top-hatted feline is purring its way into presale history.
Troller Cat ($TCAT) isn’t just launching a token—it’s building a cinematic universe. With its 26-location presale journey, 69% APY staking rewards, and an actual play-to-earn (P2E) Game Center that burns tokens while players troll the charts, this isn’t your average copy-paste project. Stage 3—dubbed The Great Moon Hoax—throws the spotlight on a lunar-themed newsroom hoax where Troller Cat rewrites headlines and reality alike.
Troller Cat (TCAT): The Cat’s Already on the Moon—and Trolling From There Table of Contents
Troller Cat (TCAT): The Cat’s Already on the Moon—and Trolling From ThereBone Shibaswap (BONE): Barking Loud After the Governance HowlBonk (BONK): Solana’s Barking Underdog Goes MainstreamConclusionFor More Information: What do you get when you cross an 1835 moon hoax, a deflationary token model, and a meme coin with narrative swagger that rivals Netflix’s best? The answer is Troller Cat—a project that’s turning heads and scratching up every chart it touches.
Currently in Stage 3 of its 26-location presale roadmap, Troller Cat’s theme is The Great Moon Hoax – Trolling the Stars. It throws back to a historic media frenzy where people genuinely believed unicorns and bat-winged people were living on the moon. In this reimagined world, Troller Cat enters a Victorian newsroom wearing a monocle and throwing down “moon selfies” and fake moon rocks while convincing skeptics with confidence and chaos. But here’s the real headline: the Stage 3 token price is just $0.0000072, with a projected listing price of $0.0005309, offering a jaw-dropping potential ROI of over 10,000% or 105x. That kind of upside doesn’t just knock—it claws at the door.
Besides its narrative brilliance, $TCAT comes fully loaded with real tokenomics. The 69% APY staking reward means bag holders earn while they sleep. And the Game Center isn’t just for fun—it’s the core burn mechanism. Every time a user plays, tokens are removed from the supply. That’s textbook deflationary design with a meme coin twist. Troller Cat has breached the $40k mark in just 26 hours.
Audited and KYC-approved, Troller Cat is also democratizing entry. There’s no minimum to buy, and just a $25 minimum to use a referral code. That means anyone, from crypto whales to weekend warriors, can enter the ecosystem without breaking a sweat or a wallet. The presale is already gathering steam, with early adopters sharing projections that would make even Dogecoin veterans double-take.
With a presale structure that rewards early adopters, a marketing strategy that’s already outperforming older names, and a cultural vibe that rides on Gen-Z humor and Gen-X nostalgia alike, Trollercat.com is staking a serious claim as one of the Best Meme Coin Presales to Buy This Week. Don’t be the one reading headlines after the rocket is launched—join the hoax while it’s still unfolding.
Bone Shibaswap (BONE): Barking Loud After the Governance Howl Bone Shibaswap isn’t new to the game—it’s one of the OGs in the Shiba Inu ecosystem, right alongside $SHIB and $LEASH. But what’s made BONE suddenly pop back into conversation is the fresh surge of interest around its role in Shibarium, the Shiba network’s Layer 2 scaling solution. With gas fees tanking and transactions booming, governance is becoming the new battlefield—and Bone is at the center of it all.
The recent uptick in Bone’s value isn’t just speculative noise. With Shibarium’s ecosystem maturing, Bone is being used more actively for validator rewards and protocol-level voting. Just this week, the Shibarium dev team released a roadmap highlighting Bone’s continued integration as the governance backbone. The result? A strong bounce from $0.55 to $0.72 in under 10 days, with many analysts predicting a breakout if the broader market holds steady.
Bonk (BONK): Solana’s Barking Underdog Goes Mainstream Bonk has gone from bark to bite—real fast. What started as a meme coin experiment to inject fun into the Solana community has become one of the most active tokens on the network. As of early May 2025, Bonk has surpassed 800,000 active wallets and recently hit $0.000031 in price, with a 40% weekly gain after integrations with several Solana-based platforms and wallets.
Unlike most meme coins that rely solely on hype, Bonk has leaned into utility. It’s being used in NFT mints, DeFi liquidity pools, and even tipping services across Solana’s ecosystem. That multi-use integration has added legitimacy, and the fact that it avoids Ethereum’s gas fees makes it a solid choice for smaller investors looking for faster, cheaper interactions.
Conclusion Based on the research and market trends, Troller Cat is clearly stalking the top of this week’s leaderboard for meme coin investors. With a fully auditable and KYC-approved presale model, built-in staking, narrative-driven marketing, and deflationary gameplay, it offers something no other project on this list does: a low-risk entry point with explosive upside. Stage 3—The Great Moon Hoax—is more than a gimmick. It’s a storytelling device designed to engage holders, gamify the token’s journey, and maximize ROI.
For those looking to get in before the crowd, secure those 69% APY staking rewards, and maybe—just—maybe—walk away with a 105x return, the cat’s already halfway to the moon. Don’t wait for a lunar selfie to go viral. Leap while the pawprint is still fresh.
For More Information: Website: https://www.trollercat.com/
Telegram: https://t.me/trollercat
X: https://x.com/trollercat_
Reddit: https://www.reddit.com/r/TrollerCat/
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
The crypto scene has once again proven that no protocol, no matter how popular, is completely safe. The Shibarium bridge, a strategic gateway between the Layer 2 of the same name and Ethereum, was the target of a swift flash loan attack that siphoned the equivalent of 2.4 million dollars. Behind this move, a maneuver both technical and psychological demonstrating the persistent flaws of decentralized security.
In brief Shibarium Bridge suffered a 2.4 million dollar flash loan attack, targeting its BONE and SHIB tokens. Developers suspended certain functions and requested cybersecurity experts to limit the damage and investigate. After a 99% drop in August, this new attack increases the fragility of the Shibarium ecosystem. A meticulously prepared crypto attack The operation was no accident. The attacker contracted a flash loan of 4.6 million BONE, Shibarium’s governance token. By exploiting this position, they gained access to 10 of the 12 validation keys, securing a comfortable majority to manipulate the protocol. From there, the script was written: extraction of 224.57 ETH and 92.6 billion SHIB, transferred with surgical precision to their wallet.
But the most surprising aspect is the scale of the plan. The attacker did not limit themselves to the main funds; they also seized KNINE tokens related to K9 Finance for approximately 700,000 dollars. In the crypto ecosystem, such a maneuver could have amplified the chaos, but the swift reaction from the K9 DAO, blacklisting the address, prevented the liquidation of these assets. A rare decision, but vital to contain the damage and indirectly protect Shibarium.
Chain reactions and market impacts Facing this breach, the Shiba Inu developers acted without delay. Staking and unstaking were suspended, freezing the borrowed BONE and cutting off the attacker from their control lever. The incident, described as “sophisticated” by developer Kaal Dhairya, was reportedly planned over several months. Proof that attackers no longer settle for improvised opportunities but orchestrate true long-term operations.
The direct consequence was a quick onset of volatility. The price of BONE first surged from 0.165 to 0.294 dollar in one hour, then quickly corrected to 0.202 dollar. SHIB, on the other hand, surprisingly rose by 4.5% in 24 hours, a sign that the market has not completely lost confidence. As often in crypto, drama also fuels speculation.
This incident occurs in an already tense context for Shibarium. Last August, the project suffered a near 99% collapse, a brutal drop that shook investors’ confidence. The current attack only rekindles these doubts, confirming that the network’s stability remains fragile despite recovery attempts.
Towards rethought security? This episode highlights the fragility of cross-chain bridges, true nerve centers of the crypto ecosystem. Despite the involvement of specialized teams like Hexens, Seal 911, and PeckShield to investigate, the question remains: how to sustainably protect protocols that attract both users and predators?
Shibarium developers now consider negotiating with the attacker via a restoration bounty, a pragmatic approach already seen in crypto. At the same time, contact with authorities shows that the boundary between decentralized finance and legal framework is becoming increasingly thin.
One thing is certain: between the 99% drop in August and this multi-million dollar hack, the Shibarium bridge is going through a turbulence zone likely to leave deep marks on the Shiba Inu ecosystem.
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Evans S.
Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Launched in August 2020, Shiba Inu is one of the pioneers when it comes to dog-themed meme coins. SHIB is an ERC-20 token powered by Ethereum that was created by an anonymous founder known as Ryoshi. This article will dive into simple steps on how to buy the Shiba Inu coin through various methods.
Table of Contents
Where can you buy Shiba Inu coin?Storing Shiba Inu in crypto walletsStep-by-step guide to buying Shiba Inu coinThings to consider before buying Shiba Inu coinFAQs Where can you buy Shiba Inu coin? Like many other cryptocurrencies, Shiba Inu (SHIB) is available to buy on centralized (CEX) and decentralized (DEX) exchanges. When thinking about how to buy SHIB, consider making an important decision by choosing between a CEX or DEX. Some important factors to reach that decision include liquidity, transaction fees, security, regulatory compliance, deposit methods, payment mode, limits, and reliability.
Major centralized crypto exchanges Here are some of the top centralized exchanges where you can buy Shiba Inu;
Binance is one of the popular centralized exchanges in the crypto market and is available in over 180 countries. This exchange has an extensive international user base with over 500 cryptocurrencies listed on the platform. OKX is currently ranked as the second-largest crypto exchange by trading volume. With a user-friendly interface for buying and selling cryptocurrencies, OKX also offers many features like staking, lending, mining, and many others for crypto investors. Coinbase is considered a global brand when it comes to buying, selling, and storing cryptocurrencies. The exchange is US-based, and publicly traded, which adds to its safety and reliability as a centralized crypto exchange. Decentralized exchanges Buying Shiba Inu from decentralized exchanges doesn’t require users to perform security measures such as KYC along with other key differences.
Here are some of the top decentralized platforms where you can buy Shiba Inu;
Pancakeswap is a decentralized exchange that operates on the BNB Smart Chain. It allows users to trade tokens and also offers staking and farming opportunities. Uniswap is currently one of the largest DEX exchanges on the Ethereum network. It offers users a way to swap crypto tokens in a permissionless way without having to enter any personal details or go through any KYC procedures. Storing Shiba Inu in crypto wallets After buying your Shiba Inu you can choose to transfer it to your crypto wallet. In the world of crypto, there are hot and cold wallets, with the key difference being that hot wallets are online while cold wallets are in the form of hardware that you can physically store anywhere you want.
Hot wallets to store Shiba Inu Metamask is an online crypto wallet that was launched in 2016. Users can swap different crypto assets on a variety of blockchains, including Ethereum, BNB Smart Chain, Polygon, and Fantom, to name a few. Trust Wallet was launched in 2017 and it has gained popularity in recent years due to its partnership with Binance. With over 25 million users, Trust Wallet offers a user-friendly interface and supports over 65 blockchains with millions of crypto tokens that users can swap. Cold wallets to store Shiba Inu Trezor Model-T is a secure hardware wallet with a touch screen and a custom Trezor Suite application. Users can buy SHIB tokens from DEX or CEX and transfer them to their Trezor hardware wallet with ease. Ledger is one of the pioneers when it comes to crypto hardware wallets. It offers a variety of products to choose from, all offering a digital screen and the freedom to store cryptocurrencies and NFTs. Step-by-step guide to buying Shiba Inu coin So how do you get Shiba Inu coin? Now, we will discuss the steps of buying this meme coin from centralized and decentralized exchanges.
Buying Shiba Inu from a CEX Step1: Sign up for a Binance exchange account You have to register a Binance account and add funds to your account before buying Shiba Inu on this centralized exchange. You can use any of the three options below to complete this first step.
Register via the Binance App. Register directly through the web page and using your email address. Register via the web page using your mobile phone number. Step 2: Add a payment method for depositing funds The second step is to choose a payment method on Binance. Currently, the Binance platform offers a wide array of deposit options, including bank transfer, P2P, Paypal, Visa, and many others.
Before selecting the payment mode, it is important to make sure that the payment method is supported by your country or place of residence. It is also essential to calculate the fees and total cost of depositing funds in Binance and the time it takes for the funds to arrive from the payment method you prefer to use for depositing funds.
Step 3: Search for Shiba Inu The next step is to go to the ‘Markets’ section and search for Shiba Inu coin. Binance has a variety of crypto assets and categories, so you can also go to the meme coin section and choose Shiba Inu easily.
Step 4: Enter the amount Now, enter the amount you want to buy. At the time of writing, Shiba Inu trades at $0.00001694. So you can buy roughly 5903187 Shiba Inu tokens by investing $100 at the current price.
Step 5: Complete the purchase This stage requires you to complete the payment depending on the method you selected in Step 2. So, if it’s a credit card, you can use the ‘add card’ option and add a billing address to complete the payment. After the payment is successful, the SHIB tokens will show in your Binance spot wallet.
Buying Shiba Inu from a DEX If you aren’t a fan of sharing personal information on centralized exchanges, and you’re wondering how to purchase Shiba Inu coin? Not to worry, as your best option to buy SHIB is a decentralized exchange. Through a DEX, you can swap SHIB with another token on the Ethereum blockchain. Here’s a step-by-step guide on how to do it:
Step1: Create an account on Metamask Shiba Inu is an Ethereum-based ERC-20 token, so you need a wallet that supports this blockchain. You can sign up on Metamask, which supports ERC-20, by creating an account. After creating the account, fund it with ETH.
Step 2: Register on a decentralized exchange The next step includes registering for a decentralized exchange like Uniswap and connecting your Metamask account with it.
Step 3: Go to the swap option page On the swap page, you can fill in the custom amount of ETH you want to swap and select SHIB as the corresponding token. Enter the equivalent amount of ETH and press ‘Swap’.
Step 4: Confirmation and completion After you press ‘Swap’, you will get a confirmation prompt on Metamask, which you can confirm and only then your transaction will be completed. If the transaction is successful, you’ll see the SHIB tokens in your Metamask wallet.
Things to consider before buying Shiba Inu coin It is very important to understand that Shiba Inu is a meme coin, and compared to many other cryptocurrencies, meme coins are very volatile. Furthermore, the price of Shiba Inu coin depends on the current market conditions at all times, and you have to do your research before buying this token.
Another important thing to keep in mind is that using decentralized exchanges can be tricky. So make sure you have enough gas fees and use reputable DEX platforms like Uniswap to swap SHIB tokens; otherwise, slippage can cause financial losses.
FAQs Can I buy Shiba Inu coin with credit card Yes, you can buy Shiba Inu coin with a credit card through a centralized crypto exchange.
Can I buy Shiba Inu coin with debit card Yes, you can buy Shiba Inu coin with a debit card, including Visa and Mastercard, through a centralized crypto exchange.
Where to store Shiba Inu coin You can store Shiba Inu coin in a centralized exchange like Binance, or a hot wallet like Metamask.
When is the right time to sell my Shiba Inu coins The answer to that is based purely on speculation and current market sentiments. Hence, it is not advised to take significant risks in Shiba Inu. It is important to do your research and only buy and sell at your own risk.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
A recent report by on-chain analytics firm Santiment has shown the most frequently mentioned crypto founders across various online platforms, including X (formerly Twitter), Reddit, Telegram, 4Chan, Farcaster and Bitcointalk. The analysis highlights key figures who have shaped the crypto scene, with Bitcoin’s mysterious creator, Satoshi Nakamoto, topping the list.
Accompanying Santiment's tweet was a chart that indicated all-time mentions of relevant crypto founders according to discussion frequency on X, Reddit, Telegram, 4Chan, Farcaster and Bitcointalk.
👨🦰 The following chart indicates the all-time mentions of relevant crypto founders according to discussion frequency on X, Reddit, Telegram, 4Chan, Farcaster, and Bitcointalk. These are the top 10:
1⃣ Satoshi Nakamoto: The mysterious figure behind Bitcoin, credited with writing… pic.twitter.com/BHt9fEFwAt
— Santiment (@santimentfeed) March 5, 2025 In its tweet, Santiment named the top 10 most-mentioned cryptocurrency founders, per the chart. The top three include Satoshi Nakamoto, the mysterious creator(s) of Bitcoin, who is credited with producing the whitepaper in 2008 and establishing the first blockchain-based digital currency. Do Kwon, cofounder of Terra (LUNA) and UST, is well-known for the 2022 collapse of his algorithmic stablecoin project, which resulted in the loss of billions of dollars in investor funds. Vitalik Buterin, Ethereum cofounder, pioneered smart contracts, which allowed decentralized apps (dApps), NFTs and DeFi to flourish.
Justin Sun, Shiba Inu's Ryoshi, among top 10Santiment went on to list the rest of the top 10 most-mentioned crypto founders, noting that when one of these names starts trending on social media, crypto market volatility typically rises. Prices often rise or fall in response to the positive (FOMO) or negative (FUD) community views associated with them.
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The rest of the top 10 include Tron founder Justin Sun; Sam Bankman-Fried, former CEO of FTX, whose crypto exchange imploded in 2022; Roger Ver, an early Bitcoin investor and proponent of Bitcoin Cash (BCH); and Ryoshi, the anonymous founder of Shiba Inu (SHIB), who disappeared from the public eye after launching one of the biggest meme coins.
Others include Charles Hoskinson, creator of Cardano (ADA) and cofounder of Ethereum; Charlie Lee, creator of Litecoin (LTC); and Changpeng Zhao, cofounder and former CEO of Binance.
David Schwartz, Ripple's CTO and one of the architects of the XRP Ledger, ranks 11th on the chart.
This article examines why Shiba Inu will remain a meme coin despite the numerous projects launched in its ecosystem.
Shiba Inu has been turning heads with its significant developments that have led to the growth of its ecosystem. The rationale behind these moves is to transition SHIB from a meme coin into a utility project.
Shiba Inu Achievements For context, Shiba Inu launched in August 2020, initially focusing on becoming the biggest meme coin in the market, a title Dogecoin has held for several years.
However, everything changed a few months later, as the ecosystem team, led by its pseudonymous founder, Ryoshi, outlined a strategic vision that will potentially transition SHIB from a meme coin to a utility token.
Ever since, Shiba Inu has grown from just a token into an ecosystem, with significant projects like an L2 blockchain (Shibarium), a decentralized exchange (ShibaSwap), and games (Shiba Eternity, Agent Shiboshi, Shiboshi Rush, Lap Dog, and Shibridge).
Other Shiba Inu ecosystem-related projects include SHIB: The Metaverse and non-fungible tokens (Shiboshi and SHEboshi).
Only Factor Keeping SHIB As a Meme Coin Despite these notable achievements, one factor has kept SHIB in the realm of meme coins: its hefty supply.
Unlike most established utility cryptocurrencies like BTC, ETH, XRP, BNB, and SOL, Shiba Inu boasts a hefty circulating supply. This enormous supply is a characteristic common to only meme coins.
Notably, the circulating supply of Bitcoin, Ethereum, XRP, BNB, and Solana currently stands at 19.83 million, 120.59 million, 58.04 billion, 142.47 million, and 508.9 million, respectively.
The limited supply of these established cryptocurrencies makes them attractive to investors, potentially driving up their value. This is evident in the price surge of these assets over the past few weeks.
In contrast, Shiba Inu currently has a circulating supply of 589.25 trillion tokens, akin to most meme coins, which also have astronomical supplies.
This enormous supply of Shiba Inu dilutes the value of each SHIB, potentially making it difficult for the token to witness significant price spikes observed in other limited-supply assets like BTC, ETH, XRP, BNB, and SOL.
Therefore, for Shiba Inu to leave the realm of meme coins, the community must collectively burn a huge chunk of its supply.
Although 410.74 trillion SHIB has been incinerated so far, there is still a need for more burns due to the token’s 589.25 trillion astronomical supply.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
A recent piece has highlighted the incredible role the Shiba Inu team has played in sustaining the SHIB ecosystem and keeping Ryoshi’s legacy.
Ryoshi created Shiba Inu in August 2020 as a decentralized ERC-20 token without presales, VC funding, or massive developer allocation. Five years later, the token has become central to a growing ecosystem despite a change at the helm.
For perspective, the pseudonymous creator disappeared in May 2022, leaving the Shiba Inu ecosystem in the hands of the current leaders piloted by Shytoshi Kusama. Since then, the team has led the ShibaArmy to a greater cause than owning a meme coin.
In a recent tweet, the Shiba Inu ecosystem marketer, Lucie, highlighted some milestones the team has helped the ecosystem achieve in their three-year tenure.
Adoption and Expansion The Shiba Inu ecosystem team has kept Ryoshi’s dream alive despite his absence and has piloted the expansion of the ecosystem to a crypto powerhouse, according to Lucie.
It started with the development of the ShibaSwap, a decentralized marketplace launched in 2021 where users can trade Shiba Inu and other ecosystem tokens. Furthermore, its introduction of staking, on-chain governance participation, and liquidity farming has made a difference.
In 2023, the Shiba Inu team launched the Shibarium network, an Ethereum layer 2 blockchain, which allowed users to transact cheaply and swiftly. Further, the ecosystem developers debuted an auto-SHIB burn mechanism, which uses a portion of the transaction fees on the blockchain to buy and incinerate Shiba Inu.
Soon enough, Shiba Inu became a household name in the space, drawing interest from tier-1 exchanges, including Binance, Coinbase, Kraken, and Crypto.com. Currently, SHIB is listed on over 100 major exchanges globally.
Maturity to Compete Squarely in An Evolving Space Kusama has often stressed the team’s focus on utility, which transcends its meme coin origin. While newer and better features are on the horizon, the Shiba Inu ecosystem has achieved an impressive feat in real-world utility and adoption, spurred by the team.
For perspective, the meme coin became a means of payment for global brands and retail outlets. Some of the prominent entities that accept SHIB payment include Newegg, AMC Theatres, Gucci, Travala.com, NowPayments, and Flexa.
The team also brought gaming and NFTs to the Shiba Inu ecosystem. The development of the popular Shiba Eternity, whose Web3 version is currently in closed beta, the Lap Dogs, and Agent Shiboshi, among others, drew gamers to the network. They also introduced in-game NFT collectibles, which could be bought and sold in the marketplace.
Other Shiba Inu team innovations include the Shib: The Metaverse and the Shib OS. The team has also launched campaigns and charitable donations to give back to society.
Interestingly, Lucie stressed that these innovations have kept Shiba Inu in the spotlight and upheld decentralization, a core vision of its creator, Ryoshi.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
The Shiba Inu team recently reminded Ethereum co-founder Vitalik Buterin that SHIB funds were instrumental in supporting the Crypto Relief charitable organization.
This comes after Buterin thanked Binance co-founder Changpeng Zhao (CZ) for donating $10 million worth of BNB in support of his biotech project. In a tweet, the Ethereum founder noted that CZ’s financial donation will help protect humanity from airborne disease.
In a follow-up message, Buterin also expressed gratitude to Polygon’s CEO, Sandeep Nailwal, and the charitable organization Crypto Relief (now Blockchain for Impact). He thanked them for funding biomedical infrastructure in India and returning surplus funds to Balvi for global research and development.
Also worth reiterating thanks for all the support from @sandeepnailwal @CryptoRelief_, who both funded important biomedical infra in India and returned a large portion of to Balvi to expand on its research and dev mission globally.
— vitalik.eth (@VitalikButerin) July 1, 2025
However, Buterin’s appreciation post notably ignored the contributions of Shiba Inu to the charitable effort. In response, members of the SHIB community called out the omission.
Team Points Out SHIB Omission in Buterin’s Appreciation Post Notably, Kaal Dhairya, a top developer of the Shiba Inu ecosystem, pointed out that Buterin failed to acknowledge the billions of SHIB tokens that were initially used to fund Crypto Relief in its early stages.
Since @VitalikButerin forgot to mention the billions in #SHIB tokens that actually funded @CryptoRelief_, let me help complete his tweet 🐕💸
You’re welcome. https://t.co/QwPpaYVnzm
— Kaal (@kaaldhairya) July 1, 2025
To recap, Nailwal launched the Crypto Relief Fund in April 2021 during the second wave of the COVID-19 pandemic in India. Shortly after its creation, Buterin donated 50.6 trillion SHIB, then valued at approximately $1.2 billion, to the nonprofit.
The Ethereum co-founder made the donation using a portion of the 500 trillion SHIB tokens he received from Shiba Inu’s pseudonymous founder Ryoshi.
Of the 500 trillion SHIB tokens, Buterin sent over 410 trillion of these tokens to a dead address, permanently removing them from circulation. He subsequently sent the remaining tokens to other nonprofits, with Crypto Relief receiving 50.6 trillion SHIB (worth about $1.2 billion at the time).
Shiba Inu Craving Buterin’s Recognition Since Buterin’s initial SHIB donation contributed to Crypto Relief’s support for India’s biomedical infrastructure and Balvi’s global R&D efforts, Dhairya believes the Ethereum co-founder owes Shiba Inu a proper acknowledgment.
Additionally, Dhairya’s messages reminded the Shiba Inu community that SHIB played a part in Crypto Relief’s donations. It also positions Shiba Inu as a token that provides financial support for real-world causes, including charitable contributions.
Since last year, the Shiba Inu ecosystem team has been trying to gain Buterin’s attention following his statement that rival Dogecoin deserves to be the second-largest cryptocurrency by market cap.
This claim did not sit well with the Shiba Inu community. Many believe SHIB deserves recognition from Buterin, given its contributions to the Ethereum ecosystem. Notably, Kusama requested a 10-minute conversation with Buterin to discuss SHIB’s potential and why it should be recognized as a top digital asset.
Despite efforts by the SHIB community to draw Buterin’s attention to Kusama’s proposal, the Ethereum co-founder has yet to respond.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
A crypto investor recounts how he missed a golden opportunity with Shiba Inu by selling his holdings too soon.
Earlier this week, crypto users took to X to share their biggest regret in the crypto space. Some narrated how they missed a chance to buy a particular asset when it was at a lower price. Others recounted how they sold their crypto holdings too early before the major pump.
User Sells 2.1% SHIB Supply Early Crypto investor Rick Primes shared how he sold a substantial volume of Shiba Inu too soon. The early SHIB investor claimed he initially held 2.1% of Shiba Inu’s supply at one point.
Since Shiba Inu originally launched with a total supply of 1 quadrillion tokens, this 2.1% would have equated to 21 trillion SHIB. Based on the current supply of 589 trillion tokens, this would now represent around 11 trillion SHIB. However, the investor did not disclose the exact figure he held.
Meanwhile, Primes sold this large stake before Shiba Inu’s massive rally in 2021. After his initial sale, he returned and acquired more SHIB tokens.
At that time, Primes said he accumulated 0.8% of the total SHIB supply. However, he eventually sold those tokens again, for roughly $20 to $30 million.
Soon after, he watched the price of Shiba Inu skyrocket, eliminating any realistic chance of buying back in.
Reflecting on the 2.1% stake he sold too early, Primes claimed the holding would have been worth around $882 million at the “omega top,” Shiba Inu’s all-time peak.
Notably, Shiba Inu reached a peak price of $0.00008845 on October 28, 2021. Many investors reported life-changing gains from SHIB, including some who claimed to have become billionaires.
Shiba Inu Early Days Shiba Inu, which was once dismissed as just another meme coin, stunned the broader crypto market with its jaw-dropping rally in the 2020/2021 cycle. Having launched at an initial price of $0.000000000056, Shiba Inu succeeded in eliminating six leading zeros and spiked to an all-time high of $0.00008845 within 14 months.
Before this rally, Shiba Inu tested investors’ patience. By late 2020, it often seemed as though the development team had vanished. During this period, most investors liquidated their holdings, while a few remained patient.
Things started turning around in early 2021 when several major crypto exchanges, including Binance, listed SHIB on their platforms. In May 2021, Shiba Inu’s pseudonymous founder, Ryoshi, drew attention to the project by gifting half of SHIB’s total supply (500 trillion tokens) to Ethereum co-founder Vitalik Buterin.
Shortly after receiving the tokens, Buterin burned over 410 trillion SHIB by sending them to a dead wallet and donated the remainder to charity. This move cleared the path for Shiba Inu’s subsequent surge to its peak.
Although Primes missed out on a potential ten-figure fortune, he still managed to earn up to $30 million from his second SHIB sale. Many others didn’t get the opportunity to earn substantially from SHIB after selling early.
Yet, a handful of other early SHIB investors also raked in millions of dollars from Shiba Inu. A case in point was two brothers from New York who saw their small investment of $7,900 balloon into $9 million.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
With Shiba Inu losing over 40% of its value since January 2025, several factors have contributed to this downward pressure in SHIB.
Earlier, many teased that 2025 would be the year Shiba Inu would embark on a multi-month rally to an all-time high. However, this expectation has fallen short as Shiba Inu has largely underperformed this year.
For context, at the current price of $0.00001227, SHIB is down 42.2% year-to-date. It is currently trading at 86.15% below its ATH of $0.00008845.
Key Factors Behind Shiba Inu 2025 Struggles Shiba Inu’s underperformance in 2025 is a result of a combination of internal and external market forces. Notably, the broader cryptocurrency market has been on shaky ground for most of 2025, resulting in substantial price declines. Macroeconomic pressures, including tariff wars and recession fears, have negatively impacted the performance of cryptocurrencies.
Intense Meme Coin Competition Additionally, Shiba Inu is facing intense competition from meme coin rivals, including Dogecoin, PEPE, and BONK. As a result, some investors shifted their attention to these tokens, while SHIB experienced low demand.
Fading Community Hype Shiba Inu no longer enjoys the same hype that pushed it to an all-time high of $0.00008845 in 2021. This hype has diminished, with investors liquidating their SHIB holdings and shifting their attention to newer coins
With Shiba Inu failing to replicate its outstanding performance in 2021, most community members have lost interest in the asset.
Fundamentals Shiba Inu has made significant progress in expanding its utility through projects like ShibaSwap and Shiba Eternity. Yet, its real-world use case is still low compared to that of established cryptocurrencies.
Moreover, its token burn campaign, which many see as the fastest route to price appreciation, has not impacted SHIB’s value. While Shiba Inu burn tracker reports millions and billions of tokens burned daily, the amounts destroyed have been inconsequential in impacting the price.
To put things into perspective, over 410.75 trillion SHIB tokens have been burned since 2021. Out of this total, Ethereum’s co-founder, Vitalik Buterin, burned the 410 trillion tokens in 2021.
It has been over four years since the transaction, and the community has not burned at least one trillion SHIB. Shiba Inu continues to maintain an enormous supply of roughly 589 trillion tokens, which impedes the chances of a significant rally.
Government Policy and Regulation The crypto industry has made progress in terms of regulation. This is evident in the enactment of the GENIUS Act for stablecoins and the ongoing review of the market structure bill in the U.S. Senate.
While the government has backed cryptocurrencies on several occasions, its tariff war did more damage to crypto assets, including SHIB, this year.
Low Institutional Interest The lack of institutional interest in Shiba Inu has also contributed to the asset’s performance this year. While Shiba Inu has seen massive interest from retail investors, institutions have stayed away from the asset. This is evident in the lack of a spot ETF application for the cryptocurrency in the U.S.
Meanwhile, asset managers are seeking to launch several spot ETFs focusing on Shiba Inu’s rival, like Dogecoin. A crypto exchange-traded fund (ETF) helps channel inflows from traditional and institutional investors into its underlying asset.
Leadership Issues Shiba Inu has been around since August 2020, but concerns about its leadership remain a major bone of contention. Following the disappearance of pseudonymous founder Ryoshi, another pseudonymous leader, Shytoshi Kusama, assumed leadership of the project.
Despite this, Kusama has maintained the same anonymous leadership style, often communicating in vague terms. This has led to increased negative sentiment, with many questioning the project’s credibility.
Missed Deadlines and Incomplete Projects Shiba Inu’s ecosystem team has introduced several projects, including Shibarium and SHIB: The Metaverse, to transform the token from a meme coin to one with utility. However, most, such as SHIB: The Metaverse, are still in progress.
Last year, Shiba Inu’s marketing lead, Lucie, confirmed that the team aims to complete all projects within the 2024/2025 timeframe. It’s only a few months until the end of this year, and anticipations continue to build for the proposed release.
Currently, there is no information about the proposed privacy Layer-3 blockchain, which is scheduled for a Q4 2025 launch.
Overall, Shiba Inu’s underperformance in 2025 stems from a storm of market downturn, fading hype, and low institutional interest, among other factors.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Ethereum founder Vitalik Buterin recently offloaded billions in meme coins. This has brought back memories of how Buterin handled the Shiba Inu tokens that SHIB’s founder Ryoshi sent to him back in 2021.
Ethereum Founder Offloads Billions Of Meme Coins On-chain analytics platform Onchain Lens revealed in an X post that the Ethereum founder had sold 150 billion PUPPIES for 28.58 ETH ($114,480) and 1 billion ERC20 for $13,889 USDC. These are tokens that Vitalik received for free, as meme coin teams and the community are known for sending coins to the Ethereum founder.
This practice dates to as far back as 2021, when the Shiba Inu founder Ryoshi sent 500 trillion SHIB tokens, which represented half of the meme coin’s total supply. The Ethereum founder famously burned 450 trillion coins by sending them to a dead wallet, while he donated the remaining 50 trillion coins to help fight the COVID-19 pandemic at the time.
Since then, Vitalik has adopted a similar approach for every meme coin he receives. The Ethereum founder usually sells these coins and then donates the proceeds to charity. He had mentioned last year that he would truly prefer if these coins were sent directly to charity. Vitalik further advised community members to consider setting up a DAO and getting community members directly involved in decision-making.
The Ethereum founder added that the best thing for meme coins is if they can be maximally positive-sum for the world, and that it will be great to see moments when that actually happens. However, these transfers to Vitalik are often viewed as a means for these meme coins to increase their visibility.
Vitalik’s move with the SHIB tokens undoubtedly contributed to putting Shiba Inu in the spotlight. He burned those tokens just as the meme coin went on its legendary run in 2021, reaching its current all-time high (ATH) of $0.00008845 in the process.
A Peek Into Vitalik’s Public Wallet Arkham data shows that the Ethereum founder still has more meme coins in his pubic wallet, which he received from community members. His largest meme coin holding is currently Moodeng, which he holds 30 billion coins worth $518,000. Meanwhile, his largest crypto holding in value remains ETH. Vitalik holds 240,000 ETH worth just over $1 billion.
The Ethereum founder regained his on-chain billionaire status following ETH’s break above $4,000 last month. ETH eventually reached a new ATH in the process, which caused Vitalik’s wealth to surge briefly. However, the largest altcoin is currently struggling to hold above the psychological $4,000 level amid the recent crypto market downtrend.
At the time of writing, the Ethereum price is trading at around $4,200, up over 2% in the last 24 hours, according to data from CoinMarketCap.
ETH trading at $4,181 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Medium, chart from Tradingview.com
The Ethereum network stands as a revolutionary innovation in the realm of blockchain technology. It serves as a robust platform for building and deploying decentralized applications (dApps), fueling the growth of decentralized finance (DeFi) and transforming the way we interact with financial services. However, with its widespread adoption and increasing popularity, Ethereum has faced challenges of scalability and high transaction fees, leading to the development of Layer 2 scaling solutions to enhance its capabilities.
The Ethereum blockchain hums with innovation, birthing a new breed of digital assets known as ERC-20 tokens. These versatile gems unlock a treasure trove of possibilities, from voting rights in decentralized communities to fueling innovative applications and even representing virtual currencies.
ERC-20 tokens are standardized building blocks on the Ethereum network. They adhere to a specific set of rules, ensuring seamless interaction and divisibility, making them perfect for trading and diverse applications. Think of them as digital coins, each with its unique identity and purpose, ready to be exchanged, used, and explored.
Whether you’re a seasoned crypto trader or a curious newcomer, navigating the thrilling world of ERC-20 trading can be challenging. This comprehensive guide will equip you with the knowledge and tools to confidently buy, sell, and trade these digital assets on the Ethereum network.
Some of the major and popular ERC-20 Tokens are Tether (USDT), Polygon (MATIC), Chainlink (LINK), Uniswap (UNI), Lido DAO (LIDO), Maker DAO (MKR), amongst many others.
Features of Ethereum Network Ethereum’s innovative design sets it apart from other networks, paving the way for a decentralized future of finance, applications, and beyond. Distinguished by its unique features and capabilities, it stands as one of the pioneers of Blockchain Technologies with standout features like:
The Power of Smart Contracts
The Ethereum Virtual Machine (EVM) serves as the core engine that drives the execution of smart contracts on the Ethereum network. These smart contracts are self-executing code that automates various actions and agreements, forming the foundation of dApps and DeFi protocols. EVM compatibility is crucial for deploying and interacting with ERC-20 tokens, the most common token standard on Ethereum.
Unlike static databases, Ethereum boasts the groundbreaking ability to execute self-enforcing agreements through smart contracts. These programmable pieces of code automate a wide range of tasks, enabling trustless interactions and the creation of innovative applications in diverse sectors.
Layer 1 and Layer 2: Addressing Scalability
The Ethereum mainnet functions as a Layer 1 blockchain, the base layer where all transactions are ultimately settled. To address the scalability bottlenecks on this primary layer, Layer 2 solutions have emerged as a promising approach. These solutions aim to offload a significant portion of transaction processing off-chain, resulting in increased throughput, faster confirmation times, and significantly reduced transaction costs.
A Platform For Innovation
Ethereum isn’t just a cryptocurrency platform; it’s a fertile ground for developers to build revolutionary decentralized applications (dApps). From DeFi protocols automating financial transactions to NFTs unlocking new ownership models, the possibilities are endless.
Gas and Gas Fees: Fueling Transactions
Within the Ethereum network, gas refers to the computational power required to execute transactions and smart contracts. Users pay gas fees to compensate miners for processing their transactions. Gas fees are denominated in ETH, Ethereum’s native cryptocurrency.
Fueling Decentralized Finance (DeFi)
As a breeding ground for DeFi protocols, Ethereum empowers users to take control of their finances. Borrow, lend, invest, and trade without dependence on intermediaries, fostering a more open and inclusive financial system.
Ecosystem And Adoption
Unlike centralized projects, Ethereum thrives on a vibrant and passionate community. Developers, miners, and users participate in its governance and evolution, ensuring its development remains transparent and aligned with the community’s needs. This growing ecosystem includes decentralized exchanges (DEXs), gaming applications, and more.
Exploring Layer 2 Scaling Solutions
Layer 2 scaling solutions offer a promising pathway to address the scalability challenges faced by the Ethereum mainnet. They operate as secondary layers built on top of the main blockchain, providing alternative mechanisms for transaction processing and data storage.
Here are some common types of Layer 2 solutions:
Sidechains: Independent blockchains that run in parallel with Ethereum, enabling faster and cheaper transactions. Plasma Chains: Blockchains that leverage Ethereum for security and finality, offering scalability benefits through data offloading. Optimistic Rollups: The technology employed by the Ethereum network for token transactions, which bundles multiple transactions off-chain and submits a summary to the mainnet for verification. Beyond Features: What Truly Sets Ethereum Apart? Ethereum’s uniqueness extends beyond its specific features, encompassing its fundamental characteristics and impact on the blockchain landscape.
Network Effect and Ecosystem: Through its early adoption and widespread implementation, Ethereum has established a robust network effect. Developers, projects, and users gravitate towards it, creating a flourishing ecosystem that strengthens its overall value and resilience.
Security and Trust: Built on a Proof-of-Work (PoW) consensus mechanism, Ethereum offers a high level of security and protection against malicious attacks. Its distributed nature further bolsters trust and transparency, minimizing the risk of centralized control.
Flexibility and Adaptability: Ethereum’s design prioritizes flexibility and adaptability. Upgradeability mechanisms allow it to evolve and adopt new features to remain relevant and address emerging challenges in the blockchain space.
Global Impact and Pioneering Spirit: Ethereum has gone beyond being a mere technological advancement; it has ignited a global conversation about decentralization, ownership, and financial autonomy. Its pioneering spirit continues to inspire innovation and shape the future of our digital world.
How To Get Started on the Ethereum Network for ERC-20 Tokens.
To buy/sell ERC-20 Tokens, you’ll need a crypto wallet. There are several crypto wallets to choose from within the Ethereum network and, popular options include software wallets like MetaMask, Trust Wallet, Coinbase Wallet, Binance WAllet, etc.
If you are using a desktop computer, you can download Google Chrome and install the MetaMask Wallet Chrome extension. If you prefer using your mobile phone, you can download MetaMask wallet via Google Play or the iOS App Store.
Just make sure that you are downloading the official Chrome extension and mobile app by visiting MetaMask Wallet’s website.
Once you’ve registered and set up your wallet via the Google Chrome Extension or via the mobile app you downloaded, MetaMask wallet allows users to manage their cryptocurrency wallets and interact with decentralized applications (DApps) to execute transactions on supported blockchain networks directly from their browsers. (Write down your seed phrase on a piece of paper and keep it in a safe place!).
Now, you’ll need to connect and add Ethereum to your MetaMask wallet. You may refer to MetaMask support page for reference on their website.
Trading ERC-20 Tokens on the Ethereum Network. In order to ERC-20 token trades on the Ethereum network, you will need to buy ETH as your base currency. You can buy ETH on centralized exchanges such as Binance, copy your wallet address from Metamask, and then send the ETH from Binance to your Metamask wallet.
You can also purchase ETH directly within the Metamask wallet using traditional payment methods such as credit or debit cards, etc.
Just click on the “Buy/Sell” button within Metamask to open the interface. Here, you can put how much ETH (or any other token) you want to buy in terms of dollar terms, pick your payment method, and then click “Buy”.
Note that to buy crypto directly within Metamask, you will need to provide info such as your country and state. However, it is a straightforward process that only takes a minute.
It’ll only take a couple of minutes at most for your ETH to arrive in your wallet. Once the ETH arrives, you are all set to begin trading ERC-20 tokens on the Ethereum network. So, head over to UniSwap to get started on your trading journey.
How To Trade ERC-20 Tokens On The Ethereum Network Using UniSwap Uniswap is a decentralized exchange (DEX) protocol built on the Ethereum blockchain. It allows users to trade Ethereum-based tokens directly from their wallets without the need for intermediaries or traditional order books.
Uniswap offers users a simple and straightforward way to buy and sell a wide variety of tokens. Be sure you’re on the Uniswap website to protect your wallet.
The first step is clicking on the “Launch App” button at the top right corner, as shown in the image below:
The next step is clicking on the connect wallet option on Uniswap at the top right corner, as shown in the image below:
Connect to your preferred wallet as shown below. (In this case, it’s Metamask):
Once connected, switch Metamask to the Ethereum network. (If you’re already on the Ethereum network, you do not need to switch):
After connecting MetaMask to the Ethereum network, go to Uniswap, and then you can start your ERC-20 Tokens on the Ethereum network using UniSwap.
Trading Ethereum Tokens On Uniswap The next step is to select your preferred tokens on the UnsSwap interface and since Uniswap operates on a token to token trading model, click on the “select token” button to select the trading pair you want to trade against.
For example, if you want to buy USDT using ETH, select ETH – USDT, enter the amount, then click on “swap” or “trade now” and confirm the transaction in your Metamask wallet. You can view the tokens in your wallet’s asset list.
Buying and Selling ERC-20 Tokens with the Metamask Wallet Ethereum Network users can also buy and sell tokens using the Metamask extension wallet already connected to the Ethereum network. To do this, make sure you’re connected to the Ethereum network and have ETH to swap and pay for gas fees. Then, navigate to the “Swap” button as shown below. This will take you to the Swap interface inside Metamask.
Using the image above as a guide, you can also search for tokens using the name or the contract address, just like on UniSwap. Input the amount of ETH you want to swap, confirm that you have the correct token, and then click “Swap.” Once the transaction is confirmed, the tokens you just bought will be sent to your wallet.
Tracking ERC-20 Token Prices on The Ethereum Network ERC-20 token holders and traders can take advantage of on-chain tools like DeFiLama to gain access to comprehensive market insights for specific tokens. These insights include price data and contract information, empowering users to make well-informed trading decisions based on reliable and up-to-date information.
Dextools is a comprehensive analytic resource for managing digital assets traded on ERC-20 Decentralized Exchanges. It’s a vibrant analytical cryptocurrency resource that provides statistical information on all leading blockchains and crypto projects.
Among these features, an exceptional one is the charting functionality, which delivers both real-time and historical price data for a wide range of tokens.
By utilizing these charts, users gain valuable insights into price trends, trading volumes, and other pertinent metrics. This enables them to pinpoint potential entry or exit points for their trades with precision and confidence. For example, let’s assume you’re $ETH for $LIDO, your trading pair is ETH/LIDO.
Note, Trading pairs serve as bridges between currencies. For example, the ETH/LIDOpair allows you to acquire $LIDO tokens using Ethereum (ETH).
Choose the pair that fits your funding situation and trading strategy. Consider using ETH if you already hold it, or fiat currencies if you’re venturing in fresh.
Let’s track the $LIDO token on Dextools, here’s what we have:
Conclusion Buying, selling, and trading ERC-20 tokens on the Ethereum network can be a thrilling adventure, opening doors to exciting investment opportunities and unlocking the potential of decentralized finance. However, it demands knowledge, caution, and a well-defined strategy.
This guide serves as your map and compass, but the ultimate treasure lies in your own learning and exploration. Navigate with confidence, trade responsibly, and remember that the most valuable asset in this journey is your knowledge.
Featured image from CoinMarketCap, chart from Tradingview.com
VANCE and VENCE have both seen huge gains in the past seven hours.
In 2022, Vance won the Ohio Senate primary, partially by branding himself as a crypto-friendly politician. That same year, Vance disclosed owning between $100,001 and $250,000 worth of BTC in a financial statement filed in October 2023.
(Shutterstock/Lev Radin)
Posted July 15, 2024 at 6:51 pm EST.
With Donald Trump choosing Ohio Senator J.D. Vance as his Republican vice presidential runnig mate on Monday, a number of memecoins inspired by Vance have surged.
According to data from DexTools, one memecoin with the ticker VANCE, which was created 19 days ago on Ethereum, has more than tripled in the past seven hours from $0.00001365 to $0.00004326 at presstime.
Similarly, another memecoin on Solana, VENCE, based on the incorrect spelling of Vance’s last name, increased nearly 150% over the same period from $0.0009759 to $0.002439. The VENCE token joins a cohort of cryptocurrencies that have tickers stemming from the misspelling of politicians’ names, such as TREMP and BODEN.
With a combined 24-hour trading volume of roughly $17.83 million, VANCE and VENCE have liquidity levels of $310,840 and $197,520, respectively, per DexTools. Additionally, these two tokens have a combined market cap of $6.55 million.
The surge in the price of Vance-inspired memecoins following Trump’s decision highlights the speculative nature of the crypto ecosystem and the sensitivity among traders to political news, as high-risk takers are currently considering whether to increase their exposure to these memecoins.
“[I] got my eye on $VENCE, $VUNCE, [and] $VANCE for some reckless orderblocks to add and forget about,” wrote one crypto trader who goes by the X handle @ShadyTheWizard. “No reason to FOMO into green candles, but may be worth it to add if we get some serious dips pre-news levels.”
Vance’s Pro Crypto Stance Memecoins inspired by Vance are not the only connection the potential future US vice president has with the crypto ecosystem.
In 2022, Vance won the Ohio Senate primary, in part by running as a crypto-friendly politician. According to a financial disclosure statement that he filed in Oct. 2023, Vance owned between $100,001 and $250,000 worth of BTC.
And according to a Politico report last month, Vance started sharing draft legislation intended to overhaul the way the US government regulates cryptocurrencies.
December 19th — On-chain data shows stablecoin U launched yesterday, with its circulating supply hitting $58.9 million in less than 24 hours since going live. Earlier reports: United Stables officially rolled out its U.S. dollar stablecoin U, which is now deployed on both the BNB Smart Chain (BSC) and Ethereum (ETH) blockchains and has completed multiple ecosystem integrations. For ecosystem support, U integrates with major DeFi protocols including PancakeSwap, Aster, Four.meme, and ListaDAO — letting users directly engage in on-chain trading, staking, lending, and liquidity provision. On the wallet front, Binance Wallet, Trust Wallet, and SafePal have added U to their platforms. Beyond the on-chain space, U has also been listed on centralized exchange HTX.
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The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
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Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...
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January 8, 2026
Non-custodial crypto wallet SafePal has joined hands with decentralised lending network Morpho to improve access to risk-adjusted stablecoin yield and enhanced security for self-custody users.
The novel initiative comprises two parts. The first is the native integration of Morpho Vaults with the latest SafePal V4.10.6 app update.
This move, the press release says, will enable seamless access to yield on certain stablecoins through the SafePal Earn yield aggregator. Specifically, this is USDC and USDT stablecoins from Morpho on Ethereum, Base, and Arbitrum networks.
🔔 BIG NEWS: @Morpho vaults are now natively integrated in the SafePal app
Earn with USDC & USDT on Ethereum; USDC on @arbitrum & Base seamlessly
— SafePal – Crypto Wallet (@SafePal) January 8, 2026 Moreover, decentralised finance (DeFi) firms Steakhouse and Gauntlet curate these integrated Morpho Vaults. Therefore, “depositors to earn risk-adjusted yield from borrowers with blue-chip and highly liquid assets as collateral,” the announcement claims.
According to Paul Frambot, CEO and co-founder of Morpho, “stablecoins don’t need to sit idle, even in self-custody. Integrating Morpho Vaults into SafePal brings open, on-chain lending infrastructure directly to SafePal users, enabling them to earn yield while remaining fully non-custodial, on-chain, and transparent.”
The Walletdrop CampaignThe second part of the initiative is the launch of a Walletdrop campaign. Users who make deposits in the Morpho USDT and USDC vaults offered within SafePal Earn will have a chance to get one of the 500 co-branded hardware wallets, the team says.
The goal of this offer is to strengthen user security and encourage long-term self-custody, the partners note.
Morpho x SafePal Limited Edition Walletdrop The exclusive collection is based on the SafePal X1, the wallet suite’s latest open-source and Bluetooth model.
Planned “activation perks” include boosted yield opportunities on Morpho Vaults within SafePal, the announcement says.
Speaking of which, the SafePal wallet suite recently completed the full transition for its hardware wallet line from EAL5+ to EAL6+ security chipsets. The team also upgraded the SafePal Earn aggregator. The aim was to enhance both security and access to reliable yield options and providers.
‘Significant Risks from Opaque Structures’Boosting security is a must, the press release indicates.
“Unfortunate incidents like the recent $36M Upbit hack highlight that cold storage usage remains far below where it should be,” said Veronica Wong, CEO and Co-founder of SafePal. “The Morpho Walletdrop aims to grow hardware wallet usage while maximising security, which should be extremely synergistic, especially for long-term and passive strategies like stablecoin staking.”
Moreover, the team highlighted significant market volatility and the rising user concerns stemming from the $93 million collapse of Stream Finance, as well as the depeg of its XUSD stablecoin.
“The XUSD depeg and aftermath highlighted how opaque, off-chain yield structures can introduce significant counterparty and systemic risk,” Wong argued.
Meanwhile, SafePal is a non-custodial crypto wallet suite with 25 million users across 200 blockchains and across its hardware, software, and browser extension wallet solutions, its team says. Founded in 2018, SafePal is backed by Animoca Brands, Binance, and Superscrypt.
Moreover, Morpho is a universal lending network with $10 billion in deposits, it says. It allows businesses to connect to its open infrastructure to power any lending or borrowing use case at scale.
March 31 — Per on-chain detective ZachXBT’s monitoring, a Kraken user is suspected of falling victim to a social engineering attack, losing roughly $18.2 million. The attacker launched their operation roughly 45 minutes prior, using the SafePal wallet to transfer assets from the Ethereum network to Bitcoin’s network via the decentralized cross-chain protocol THORChain.
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Ethereum co-founder Vitalik Buterin revealed plans to donate all proceeds from Layer 2 (L2) and related project tokens that he holds. His interest lies in supporting public goods within the Ethereum ecosystem or charitable activities.
Buterin’s recent transactions have come under scrutiny with varied opinions between sales and donations.
Vitalik Buterin Supports GrowthThe Ethereum executive’s remarks stemmed from discussions about founders’ interactions with their projects’ tokens. More precisely, his Ethereum transactions over the past weeks raised concerns about whether he was selling ETH.
Buterin denied keeping proceeds from any sales over the past six years. He said all profits go toward supporting value-adding projects within Ethereum’s ecosystem and beyond.
“BTW the above also applies to L2 tokens or other project tokens I hold (incl not-yet-liquid): all proceeds will be donated, again either to support public goods within the Ethereum ecosystem or broader charity (e.g. biomedical R&D),” Buterin explained.
Further, Buterin does not intend to invest in L2s or other projects any time soon, committing to supporting undervalued projects. His chosen approach to empower these projects is through donations.
Indeed, Buterin has made multiple donations recently. BeInCrypto reported that some of them were sent through Multisig wallets, as traced on Etherscan.
Read More: How To Donate Crypto Using The Giving Block
Vitalik Buterin Crypto Holdings. Source: ArkhamAmong Buterin’s most outspoken donations include 100 ETH (valued at $300,000 at the time) in support of the 2077 Collective, a group dedicated to promoting Ethereum adoption. The Russo-Canadian innovator also donated 30 ETH to the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm in May.
Meanwhile, Buterin’s move to sidestep L2 investments should not be considered an action against the increasingly popular scaling solutions. He challenged attacks against Ethereum’s L2s barely a week ago amid allegations from cyber security experts that the network’s Layer-2 solutions can unilaterally seize users’ funds.
“A major nuance: the rules for stage 1 require that only a security council with >= 75% vote threshold can overrule the code, and a quorum blocking (ie. >= 26%) subset needs to be outside the company. OP and ARB both comply with this. So the orgs cannot unilaterally steal funds,” Buterin wrote.
Layer 2 Chains Are Important L2s solve challenges concerning network congestion, particularly during peak periods. They aim to solve high transaction fees, increase speed, and poor user experience, weaknesses associated with Layer 1 (L1) blockchains. L2s also improve scalability, effectively enhancing the network’s capacity to handle more transactions per second while maintaining security.
Data on L2Beat shows that the total value locked in Ethereum L2 networks exceeded $33 billion as of September 6. This marks a 197% increase due to key adjustments over the years.
Read more: Layer 1 vs. Layer 2: What Is the Difference?
Value Locked on L2s, Source: L2BeatThis growth reflects the impact of these scaling solutions in driving adoption. Coin98 Analytics reported that Base L2, an Ethereum scaling solution, recorded the highest total unique addresses among popular blockchain platforms. It added a stark 15.97 million users between August and September.
The surge in unique addresses mirrors the increasing acceptance and recognition of L2 solutions as viable alternatives to traditional blockchain platforms.
The partnership of the Coin98 Super Wallet with Xterio, one of Ethereum’s Layer 2 scaling solutions, is expected to transform Web3 and artificial intelligence gaming. It opens broader opportunities for gamers, developers, and enthusiasts in the blockchain business. It paves the way to a new level of decentralized digital asset use, efficient gaming, and improved solutions.
Coin98 and Xterio: A Powerful Partnership Coin98 Super Wallet is a revolutionary platform offering users a secure decentralized solution for crypto and AI Wallet. Users of all skill levels can use the platform, including new entrants to the blockchain industry and DeFi and blockchain infrastructure, to engage in decentralized finance and blockchain projects. Building upon its offerings in the gaming space, Coin98 gets a massive boost with the integration of Xterio, a next-gen Web3 gaming platform.
Xterio, which began in 2022, centers on free-to-play-and-own games, with users fully owning game assets. Naturally, the platform’s development is supported by a team of experienced personnel, some of whom have served in Netease and Jam City companies. Xterio engages with the Ethereum network to provide alternatives to Layer-2 scaling for intuitive gaming and an ecosystem of GameFi solutions while preserving decentralized structures to uphold player ownership of in-game assets.
A Gateway to Seamless GameFi and AI-Powered Ecosystems Such integration means that the users of Coin98 Super Wallet can quickly gain entry to the Xterio Chain. In contrast to many cryptocurrencies, the Xterio Chain is based on the roll-up architecture of AltLayer’s restaked roll-up technology, which enables higher speed and reliability. The partnership allows the players to efficiently use, create, sell, and buy digital assets in a simplified and safe manner.
It creates opportunities on both sides for an extended gaming environment for the players and the developers. Game developers can create, distribute, and regulate millions of assets, and players can acquire and exchange their in-game items on other P2E platforms. Through its connection with Coin98, Xterio guarantees that gamers can develop wallets and bridge assets between Ethereum, BNB Smart Chain, and Xterio’s ecosystem, making a path for interconnection and developing the GameFi projects.
Ushering in a New Era for Web3 and AI Gaming This integration means new and revived GameFi projects that leverage decentralized and AI systems as it aligns with the mission of using blockchain games to onboard a massive audience to crypto, making it very simple for players to discover, acquire, and safely manage their assets. While increasing complexity and decentralization of games require a new format that this integration opens up by promising rapid development of the GameFi and the Web3 industries. Through this vision, Coin98 and Xterio are anticipated to be among the frontrunners empowering developers and players to be at the forefront of blockchain and gaming innovation.
AUTHOR
With over five years of experience in crypto, blockchain, and tech content, Ishtiyaq makes complex topics easy to understand. He simplifies blockchain and digital currency concepts for a wide audience, ensuring that beginners and experts alike can grasp key ideas. His clear and engaging writing helps readers stay informed about the latest trends, developments, and innovations in the crypto space. Whether explaining blockchain technology, digital assets, or DeFi, Ishtiyaq breaks down complicated ideas into simple, digestible content. His goal is to help people navigate the fast-changing world of cryptocurrency with confidence, clarity, and a deeper understanding.
Pundi X Chain Sunset and Full Migration to Ethereum by 1 March 2026
3 min read
Dec 5, 2025
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Press enter or click to view image in full size
Please note that PUNDI X operations and the PUNDIX token on Ethereum remain fully unchanged and unaffected by this transition.
As part of the governance-approved migration of the Pundi AIFX Omnilayer to Ethereum, the Pundi X Chain will officially cease operations on 1 March 2026.
This transition marks an important step toward a more unified, secure, and scalable future for the Pundi X ecosystem.
All users must withdraw and bridge their assets out of the Pundi X Chain. This process is manual and must be completed before the shutdown date.
Important for DelegatorsIf you are currently delegating PUNDIX token on Pundi X Chain:
You must undelegate your PUNDIX token before you can bridge.The undelegation period is 21 days, and tokens cannot be bridged until the unbonding is complete.We strongly recommend starting the undelegation process as early as possible to avoid missing the migration deadline.
Step-by-Step InstructionsTo help you migrate smoothly, please check out the detailed guides.
How to Undelegate Your PUNDIX Tokens via PUNDI Wallet (21-day period applies)Press enter or click to view image in full size
Head to Pundi Ecosystem (middle button), and select PUNDIX DelegateClick View My DelegationsSelect the validator(s) to which you are delegating your PUNDIX tokens.Tap UndelegateConfirm the transactionHow to Bridge Your Tokens to Ethereum
Press enter or click to view image in full size
https://support.pundi.ai/hc/en-us/articles/52856637862553-How-to-Bridge-Your-Tokens-from-Pundi-X-Chain-to-Ethereum-via-Pundi-BridgeOpen the Pundi Wallet, tap the Pundi Ecosystem icon (bottom menu), and select Pundi Bridge.Tap Make Transfer to Cross Chain.Select your token and chains
a. Choose the token (e.g., PUNDIX or any other tokens)
b. Set From: Pundi X Chain
c. Set To: Ethereum
d. Select your Ethereum address (⚠️ Important: Do NOT send to an exchange deposit address.)
e. Tap SendReview details of the Cross-chain Transfer and tap Confirm.Click Done. The bridge may take a few minutes, depending on network conditions.Alternative: Bridge Using Pundi Bridge on Web BrowserYou can also bridge directly through the Pundi Bridge web interface. This allows you to connect your wallet and transfer your assets from Pundi X Chain to Ethereum.
Press enter or click to view image in full size
https://pundiscan.io/bridge/Access the browser bridge here:
https://pundiscan.io/bridge/
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Simply connect your wallet, select the chain and token you want to bridge, enter the destination address, and confirm the transaction. Make sure you are sending the tokens to a wallet you control and not to an exchange deposit address.
Chain Shutdown ReminderAfter 1 March 2026:
Transactions on the Pundi X Chain will no longer be processed.All delegation and undelegation functions will be disabled.Tokens remaining on the network will not be retrievable or transferable.Bridging to or from the Pundi X Chain will be halted.Delegation rewards and unclaimed rewards will not be accessible.Begin migration early to ensure a smooth transition.
Thank you for your continuous support!
Pundi X team
PANews reported on March 11 that Ethereum founder Vitalik Buterin posted on the X platform that Gitcoin Grants' "deep funding" continues, and a major funding round was recently completed. Vitalik advised developer Devansh Mehta to continue refining the model (including its prediction market version), but to ensure that design details and funding sources are adapted to the needs of "chaotic times."
He points out that the deep funding model currently possesses two advantages: it reflects the principle of meritocracy, avoiding excessive egalitarianism; and it can benefit from artificial intelligence while maintaining human dominance. However, in terms of adapting to the needs of a "chaotic era," the mechanism still bears a distinct "stable era" character—that is, attempting to build a large-scale instrument embodying principles of justice and gain unanimous societal consensus in funding it. Vitalik believes it is necessary to consider how to make this mechanism function in a world that no longer operates in this way.
On April 1st, Ethereum Foundation researcher Devansh Mehta proposed a Validator Rewards Redistribution (VRR) scheme at the EthCC conference. Under the proposal, validators would be able to signal on the consensus layer and autonomously choose to redirect a portion of their staking rewards to a designated smart contract—rather than withdrawing all funds to their personal wallets. Recipients could include entities like Gitcoin, Octant, public goods funding platforms, security audit firms, and core protocol research teams. The scheme entails two Execution Layer changes: a mechanism for validators to signal their redirection percentage, and logic to transfer funds to the specified contract.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
5 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
5 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
5 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
5 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
5 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
June 10: On-chain investigator Specter has issued a security advisory flagging a potential exploit in an older liquidity pool of Solana’s DeFi protocol Raydium. The attacker stole approximately $1.34 million worth of assets—including USDC, RAY, and wSOL. The hacker then transferred the stolen funds to Ethereum via a bridge before depositing them into Tornado Cash to protect their privacy.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
4 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
4 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
4 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
4 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
4 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
UXLink, a Web 3 social network that was targeted in September 2025, is making headlines once again. According to Specter, an on-chain investigator, the attacker responsible for the UXLink exploit has started relocating the stolen assets.
To obfuscate transaction trails, the wrongdoer converted some of the stolen DAI stablecoins into Ethereum [ETH]. Going forward, the illicit actor then deposited roughly $8.1 million worth of ETH into Tornado Cash.
Funds laundered According to the investigator, 46 distinct deposits of 100 ETH each were made as part of the laundering process.
Source: Specter For those unaware, this is a common strategy to conflate illegal funds with legal transactions and make blockchain tracing more difficult.
With this most recent action, the attacker has now reportedly laundered a total of $19.1 million in stolen assets.
However, the fact that the exploiter still has control over about $16 million in funds despite these transfers raises the possibility of further laundering.
How was UXLink attacked? Well, back in September 2025 the exploiter had made over $800 billion, or 9 trillion $UXLINK. Interestingly, even hours after the original exploit, the hacker kept their access and kept minting more tokens.
The exploiter then started moving the proceeds to centralized exchanges and offloading the fraudulent tokens through decentralized exchanges. This in turn resulted in the depletion of Uniswap’s liquidity.
Source: Specter Notably, the attacker did not stop there, and signed a malicious transaction and lost 542 million UXLINK tokens to another malicious actor—often referred to as “theft stolen from theft.”
Even with this setback, the main exploiter still held about 900 million UXLINK tokens, putting a sizable portion of compromised assets in the hands of malicious actors.
What’s more? This coincded with ETH declining by 1.01% over the previous day to trade at $1,745.11 at press time.
In addition, on the 12th of June Humanity Protocol reported a targeted phishing attack against one of its directors.
This had resulted in the attacker using administrative credentials that were stolen to upgrade contracts, transfer tokens across Ethereum, and mint new $H tokens on the BNB Smart Chain.
Furthermore, on the 15th of June, a suspicious transaction involving the depletion of assets valued at approximately $2.19 million occurred in Aztec Network’s Router contract.
Final Summary From September 2025 to the present time, the attackers have reportedly laundered a total of $19.1 million in stolen assets from the UXLink exploit. Back then, the exploiter had made over 9 trillion $UXLINK, kept their access, and kept minting more tokens.
PANews, June 20 – According to on-chain monitoring data from blockchain security firm PeckShield, the OLPC/LABUBU trading liquidity pool on PancakeSwap on BNB Chain was hit by a hacker attack, with the attacker stealing approximately $1.1 million worth of crypto assets.
After the attack, the hacker quickly carried out fund transfer operations, bridging all stolen assets to the Ethereum network and depositing 633.4 ETH into the compliance-restricted mixing protocol Tornado Cash, using the mixing tool to sever the fund trail and significantly increase the difficulty of asset tracing.
In addition, the attacker conducted a small test transfer, sending 0.0221 BNB and 0.0411 ETH to a long-abandoned address. The purpose of this small transfer has not yet been determined. Currently, the PeckShield security team continues to track the attacker's full address chain, details of the attack contract vulnerability, and the remaining fund transfer paths.
On June 20th, PeckShield monitoring detected a flash loan attack targeting the OLPC/LABUBU liquidity pool on PancakeSwap over the BNB Chain, resulting in approximately $1.1 million in losses. Following the breach, the attacker transferred the stolen funds to the Ethereum network. They deposited 633.4 ETH into Tornado Cash, while sending 0.0221 BNB and 0.0411 ETH to an unusable blackhole burn address.
Relevant content
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
4 minutes ago
SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
4 minutes ago
The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
4 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
4 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
4 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.