Token Events

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Telegram takes over TON, cutting fees by 6x and driving the token up 24%

On May 7, Toncoin (TON) surged more than 24% within 24 hours, hitting $2.20 and reaching a new high since last November. On Monday, Telegram founder Pavel Durov announced on X that Telegram has become the largest verification node on the TON network, while also stating that transaction fees were reduced by 6 times to 0.00039 TON.
TON35.31%
MarketWhisper·33m ago
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Bermuda again airdrops USDC, aiming to become the world’s first on-chain national economy

According to CoinDesk, Bermuda Prime Minister David Burt announced at the Consensus Miami 2026 conference on May 6 that the Bermuda government plans to again air-drop USDC stablecoins to attendees during the Bermuda Digital Finance Forum scheduled for May 11 to 14, while also introducing more local merchants that accept digital payments.
USDC0.01%
MarketWhisper·1h ago
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Saylor backtracks, may sell BTC to pay dividends: Strategy’s Q1 loss is $12.5 billion

Strategy (formerly MicroStrategy, Nasdaq: MSTR) announced its 2026 Q1 financial results on May 5—driven by BTC’s price dropping to $62k at one point in February. The company recognized $14.46 billion in unrealized impairment; Q1 recorded a net loss of $12.54 billion. CEO Michael Saylor made his first hint during the earnings call: he may sell some BTC to fund a special-stock dividend. CoinDesk reported, citing Saylor’s exact words: “We will probably sell some bitcoin to pay a dividend just to i
BTC-0.14%
STRK1.09%
ChainNewsAbmedia·16h ago

Strategy May Sell Bitcoin to Fund STRC Dividends as Annual Obligations Reach $1.5B

According to its first-quarter 2026 earnings call, Strategy said it may sell bitcoin to fund dividend payments tied to STRC, its high-yield perpetual preferred stock, marking a departure from its long-standing "never sell" stance. Chairman Michael Saylor stated the company would use bitcoin sales as
BTC-0.14%
GateNews·22h ago

Strategy Reports $12.54 Billion Q1 Loss on Bitcoin Markdown as STRC Raises $5.58 Billion

According to Strategy's Q1 earnings report released Tuesday (May 6), the bitcoin treasury company reported a $12.54 billion net loss, primarily driven by a $14.46 billion unrealized markdown on its bitcoin holdings as prices fell over 25% during the quarter. Despite the loss, executives highlighted
BTC-0.14%
GateNews·05-06 05:49

Michael Saylor first said he may sell Bitcoin, injecting a “shot in the arm” into the market

During Strategy’s first-quarter earnings call held on May 6, Chairman Michael Saylor said the company may sell some Bitcoin (BTC) to pay dividends, saying the move is intended to “inject a shot of confidence into the market” to signal the company’s normal operations. Strategy reported a net loss of $12.5 billion for the quarter.
BTC-0.14%
PENDLE-3.23%
MarketWhisper·05-06 05:31
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KAIO Launches TGE Today With 10 Billion Token Supply

According to Odaily, RWA tokenization protocol KAIO launched its token generation event (TGE) today, May 6. The protocol announced a total token supply of 10 billion, with community and liquidity incentives representing 37.5% of allocations, the largest share. The foundation receives 17% for
GateNews·05-06 02:00

Bitwise CIO Projects Stablecoin Supply Could Reach $4 Trillion by 2030 as DoorDash, Meta Launch Payout Tests

According to Bitwise Chief Investment Officer Matt Hougan in a note to clients on Tuesday, large technology platforms testing stablecoin-based payouts could drive the asset class to $4 trillion by 2030, up from around $300 billion today. DoorDash is partnering with Stripe to test stablecoin payouts
USDC0.01%
SOL2%
GateNews·05-06 01:53

Drift announces a $295 million hacker incident recovery plan, compensating attacked wallets based on losses

According to Drift Protocol’s official announcement published on X on May 6, Drift Protocol has officially launched a user recovery plan for the April 1 hack: each affected wallet will receive a “Recovery Token,” with each token corresponding to $1 of verified losses, as a proportional claims certificate for the recovery pool.
DRIFT-6.3%
ETH-1.33%
WBTC-1.03%
MarketWhisper·05-06 01:17
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