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RaveDAO’s RAVE token collapses 90% in a day as exchange probes widen

RaveDAO’s RAVE token collapses 90% in a day as exchange probes widen

2 months ago by Crypto InsightsCrypto

Three wallets, one denial, and $5.7 billion in market cap gone in 48 hours. RaveDAO’s RAVE crashed 90% over 24 hours as crypto exchanges Binance and Bitget opened investigations into the trading activity that catapulted the token to a $6 billion market cap last week.… Read More

Why Michael Saylor’s Strategy decided to make STRC’s dividend bi-monthly

Why Michael Saylor’s Strategy decided to make STRC’s dividend bi-monthly

2 months ago by Crypto InsightsCrypto

Leading bitcoin treasury company Strategy (MSTR) has proposed shifting the dividend payment schedule on its perpetual preferred equity, Stretch (STRC), from monthly to semi-monthly. The amendment, outlined in Strategy’s investor presentation, would keep the 11.5% annualized dividend rate and total annual obligations unchanged (currently $1.2… Read More

Kelp DAO exploited for $292 million with wrapped ether stranded across 20 chains

Kelp DAO exploited for $292 million with wrapped ether stranded across 20 chains

2 months ago by Crypto InsightsCrypto

A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts. An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35… Read More

Binance and Biget to probe RAVE’s 4,500% token surge as claims of insider-orchestrated rally grow

Binance and Biget to probe RAVE’s 4,500% token surge as claims of insider-orchestrated rally grow

2 months ago by Crypto InsightsCrypto

Binance and Bitget, two major cryptocurrency exchanges, have opened investigations into trading activity surrounding RaveDAO’s RAVE token, after onchain sleuth ZachXBT alleged insiders engineered a large short squeeze that drove the token’s rapid rise. Crypto exchange Bitget’s CEO Gracy Chen said the exchange had “started… Read More

XRP to $10? Rally hopes build as token jumps 8% weekly, outpacing majors

XRP to $10? Rally hopes build as token jumps 8% weekly, outpacing majors

2 months ago by Crypto InsightsCrypto

XRP is starting to outperform in a way that gets attention. The token is up about 8% on the week and around 3% on the day, pushing ahead of bitcoin and ether, but the move still looks controlled rather than explosive. That keeps the focus… Read More

Sam Altman’s World project launches major upgrade to fight deepfakes and bots

Sam Altman’s World project launches major upgrade to fight deepfakes and bots

2 months ago by Crypto InsightsCrypto

World, the Sam Altman-backed digital identity project, has unveiled on Friday what it calls its most significant upgrade yet to World ID, positioning the system as “full-stack proof of human” infrastructure aimed at consumers, enterprises and AI agents. The overhaul, announced at an event in… Read More

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