A former BNB Chain employee launched a meme token called $ASTEROID, buying nearly 80% of its supply for about $10,000 using four new wallets. The token's market cap surged to nearly $10 million before crashing over 50% in 20 minutes. The employee sold most of their holdings for roughly $638,000, profiting massively from the hype. BNB Chain has distanced itself, stating no affiliation with $ASTEROID and has taken legal action against the individual. This incident highlights risks of wallet concentration and raises questions about regulating former employees in crypto projects.
BNB's price dropped about 6% over two sessions, falling from around $757 to near $710 due to inflation worries and potential Federal Reserve rate hikes. The broader crypto market also declined, with Bitcoin and Ethereum down 2.5% and 3% respectively....
Binance announced it will remove the Pax Dollar (USDP) stablecoin from its platform, ending all related services in stages starting September 11, 2026, with full withdrawal access ending November 24, 2026. European Economic Area (EEA) users have alre...
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
Binance announced it will delist the Pax Dollar (USDP) stablecoin from spot trading starting September 24, automatically canceling all pending orders and ending margin, lending, payments, and other services on staggered dates before then. Withdrawals...
Coinbase has been identified as the third-largest holder of XRP after blockchain data platforms labeled 146 previously unknown wallets as Coinbase-owned, totaling 5.5 billion XRP. This update corrected an earlier automated alert that mistakenly sugge...
