Token

Robinhood Developing Blockchain-Based Program To Trade U.S. Securities in Europe: Bloomberg

Robinhood is developing a blockchain-based program to allow traders in Europe access to U.S. financial assets, two people familiar with the matter told Bloomberg. Three blockchains, including Arbitrum (ARB), Ethereum (ETH) and Solana (SOL) are …

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Movement Labs Terminates Rushi Manche After MOVE Token Deals

Movement Labs, the development firm of the Movement network, has officially cut ties with co-founder Rushi Manche following controversy surrounding undisclosed MOVE token deals. The announcement came via the company’s X account early Tuesday, stating …

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VIRTUAL Surges 200% in a Month as Smart Money Pours Into Virtuals Protocol

VIRTUAL, the native cryptocurrency of the Base-based Virtuals Protocol for creating and owning AI agents, has outperformed all major cryptocurrencies, including bitcoin (BTC), over the past four weeks. This rally is characterized by increased …

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Chainlink to Start New Community Rewards Program for LINK Stakers

Chainlink is rolling out a new community rewards program to incentivize participation in its ecosystem, starting with a token distribution from decentralized veri platform Space and Time (SXT). The program, called Chainlink Rewards, allows those …

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Donald Trump Denies Claims of Profiting From TRUMP Token

Donald Trump is pushing back against claims that he’s profiting from the TRUMP memecoin, his official cryptocurrency that launched days before his presidential inauguration. Chainalysis recently reported that the TRUMP token earned $900,000 in fees …

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Solana Quietly Fixes Bug That Could Have Let Attackers Mint and Steal Certain Tokens

The Solana Foundation has disclosed a previously unknown vulnerability in its privacy-focused token system that could have allowed attackers to forge fake zero-knowledge proofs, enabling unauthorized minting or withdrawals of tokens. The …

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A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

Freight Technologies (FRGT), a $4.8 million market cap logistics tech firm focused on cross-border trade between the U.S. and Mexico, has entered an agreement to buy up to $20 million in the Official Trump Token (TRUMP) to build out its crypto …

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Movement Token Slumps 14% as Coinbase Suspends Trading

Coinbase will suspend trading of Movement’s MOVE token, citing “recent reviews,” following a CoinDesk investigation into market-making deals that experts said incentivized price manipulation. The token fell more than 13% on the trading …

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The Protocol: Inside Movement’s Token-Dump Scandal

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Inside Movement’s Token-Dump Scandal …

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Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisors and Hidden Middlemen

A financial deal was supposed to help launch the MOVE crypto token.Instead, it led to a token-dumping scandal, a Binance ban, and behind-the-scenes infighting. Contracts obtained by CoinDesk help explain where it all went wrong. Movement, the …

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