Papertrade, a high-leverage trading platform, announced it will not allow free transfer of its PAPER token due to risks of price manipulation, despite earlier plans. Users had deposited about $140 million under the original rules expecting transferability, leading to criticism of the move as a 'bait and switch.' Delphi Digital's Jason Pagoulatos acknowledged the manipulation risk but called the rule change after deposits a poor decision. The platform's decision impacts traders who earn PAPER tokens but cannot freely trade them, raising concerns about trust and future platform use.
The story about Papertrade's token transfer controversy offers context for readers following cryptocurrency markets. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 24, 2026 05:21 WIB: out of 50 priced major cryptocurrencies, 33 rose and 16 fell today. Notable movers include FTM (Fantom) at Rp11.382 with a 1-day change of -2.05% and a typical hold time of 88 days, ATOM (Cosmos) at Rp31.370 with a 1-day change of +1.96% and Pluang order activity showing 54% Sell and 46% Buy, and ETC (Ethereum Classic) at Rp141.197 with a 1-day change of +1.92% and 100% Buy order activity.
Remittix has raised $33 million and will burn 300 million RTX tokens, reducing supply by 20% ahead of public trading starting November 24, 2026. This token burn and near-cap funding boost scarcity and investor interest. Meanwhile, the XRP Ledger's No...
XTransfer, a leading global B2B cross-border payment platform, made its first appearance at Money20/20 USA 2026 in Las Vegas to accelerate its expansion into Latin American markets. The company recently completed regulatory registration in Chile, ena...
Kelvin Veras Real Estate completed 16 real estate transactions in its first year operating in New Jersey, including sales, purchases, rentals, and landlord services. This milestone highlights the company's successful market entry and diverse client s...
The documentary 'NURSE: Empathy Heals' premiered on October 21 in Nashville, showcasing personal stories of nurses and the critical role of empathy in healthcare. It highlights the emotional challenges nurses face, especially during crises like the C...
Oxford Square Capital Corp. announced it will hold a conference call on October 30, 2026, at 9:00 AM Eastern time to discuss its third quarter 2026 earnings. Investors can join the call via a toll-free number, and a recorded replay will be available ...
