Token Events

The conflict between the crypto project WLFI supported by Trump’s family and Justin Sun escalates, with Sun accusing the WLFI token contract of containing a backdoor that freezes users’ funds. WLFI, in turn, refutes Sun’s claims as exaggerated. This dispute highlights the tension between crypto project governance and the principles of decentralization.

Pi Network member Daniel F raised a logical contradiction in the PIRC token design, noting that if it has a 23.8% floor protection, it would need to behave like a stablecoin, which conflicts with its high volatility on CEX. This floor is based on Pi’s price calculations; if Pi itself fluctuates significantly, it will be unable to effectively protect holders. Daniel emphasized the importance of transparency, but the project team did not respond to it, leading the community to continue speculating about the reasons for its silence.

Bittensor co-founder Jacob Steeves accuses Covenant AI’s Simon Dare of intentionally causing damage to the agreement, leading to a sharp drop in TAO tokens. Steeves proposes a locked-staking mechanism that uses on-chain code to enforce commitments and prevent founders from making sudden, surprise exits. Even as the crisis unfolds, Bittensor’s open-source architecture can still ensure the agreement continues to operate, and it is set to hold a meeting to introduce the new mechanism.

Aave founder Stani announced on a social platform that Aave will pivot to $AAVE as its core token, with all revenue flowing back to the DAO treasury. In the future, it will launch a debit card and financial technology experience, aiming to increase the protocol’s scale from $40 billion to $1 trillion, positioning it as a foundational market for traditional financial assets.

Aave DAO recently passed a proposal supporting Aave Labs with a $25 million grant, with a voting approval rate of about 75%. The proposal includes an immediate allocation of 5 million aEthLidoGHO tokens and a staged release of 20 million tokens, and it also sets aside 75,000 AAVE tokens for ecosystem support.

The Hong Kong Monetary Authority has announced the first batch of stablecoin issuer licenses. Only two companies have been approved: HSBC Bank and a point fintech led by Standard Chartered Bank. The license takes effect immediately. The companies are expected to begin operations within the next few months, marking an important milestone in Hong Kong’s digital asset development. The Monetary Authority’s Chief Executive said that stablecoin issuers, while ensuring safety, will promote financial innovation and the creation of economic value.

TD Cowen adjusted its price target for Bitcoin-focused Strategy while maintaining a positive outlook, contrasting it with its new buy rating for Ethereum-based Sharplink, which offers a more active digital asset growth model through staking.

Tok-Edge has launched the Redemption Token, a new cryptoasset linked to its upcoming fund, aiming to separate ownership from tradability. The fund targets $21 million, with plans for a first close of $100 million by 2026, primarily backed by notable investors.

Japan is one of the major economies to establish a comprehensive legal framework for stablecoins at the earliest stage in the world. With the formal implementation of the 2023 amendments to the Act on Payment Services (amended Funds Settlement Act), the issuance of yen stablecoins has moved from a legal gray area to clear regulation, and in 2025 it will see the official launch of the first compliant yen stablecoin, JPYC. This article fully reviews the development of Japan’s stablecoin regulations, three compliant issuance pathways, and the main current market cases, so that financial institutions in Taiwan and the crypto industry can use it as a reference. Background of Japan’s stablecoin legislation: From the UST collapse to regulatory formation In May 2022, the algorithmic stablecoin TerraUSD (UST) collapsed, triggering intense global attention on stablecoin regulation. Japan then accelerated its legislative efforts; in June of the same year, Japan’s National Diet formally passed a stablecoin bill, clearly defining stablecoins as those that must be linked to fiat currency, and that must be

The crypto market continues to grow, with a market cap of $2.44T and Bitcoin and Ethereum showing slight increases. Top gainers include $GPM and $BASE. Meanwhile, DeFi TVL declined, NFT sales rose, and notable developments include a trader's significant loss and a push for regulatory clarity in Congress.

IceCreamSwap has introduced a buy wall for its $ICE token at $0.075 to mitigate the negative impact from the $CORE token's recent price drop. This move aims to stabilize the ecosystem and maintain liquidity amidst market turbulence.

Shibizens highlights Shiba Inu's tokenomics, detailing how founder Ryoshi locked 50% of the supply in Uniswap for liquidity. This approach, including a significant burn by Vitalik Buterin, aimed for a fair launch, impacting SHIB's market price amid recent inflation data.

The Hong Kong Monetary Authority has announced the first batch of stablecoin issuer licenses, with only HSBC Bank and Mintpoint Financial Technology receiving approval. This marks a new milestone in Hong Kong’s digital asset development. Over the coming months, the licensed entities will roll out their operations to promote financial innovation and safeguard users.

Genius announced its first-season airdrop plan, which will distribute 70M GENIUS. Users can choose to claim immediately or lock it up for one year. Immediate claiming will face a 70% burn penalty, while locking up can receive 100% allocation. This mechanism is designed to attract long-term community members and prevent short-term speculation.

Hong Kong is moving forward with its stablecoin plans. The city is building a regulated system for digital currencies. Its new updates show that RMB stablecoins may also be allowed in the future. According to local reports, the Hong Kong Monetary Authority (HKMA) said stablecoin issuers can choose w

Dubai's VARA has categorized token launches into three groups, with varying licensing and distribution requirements. Stablecoins and asset-referenced tokens face stricter regulations, while other tokens may be issued with less oversight, clarifying compliance paths for virtual asset issuers.

The RWA Layer1 public chain SimpleChain officially launched its testnet on April 10 and initiated an ecosystem airdrop program. Users can obtain points through testnet tasks, and these points will serve as the basis for future token airdrops. Team members come from Qianch Qin Technology and Ant Group, and have completed a $15 million seed round. The testnet verifies core capabilities, including trusted data services, a compliance engine, and asset issuance protocols.

World on the official blog announced that, starting from July 24, 2026, the unlocking rate of the WLD token will decrease by approximately 43%. Currently, 4.9 billion WLD tokens have already been unlocked. The specific unlocking rate will be significantly reduced; this adjustment is due to on-chain contract arrangements.

Animoca Brands and Standard Chartered's joint venture, Anchorpoint Financial, has secured a stablecoin issuer license from the HKMA, marking a key step in Hong Kong's digital finance ambitions. The company plans to launch $HKDAP, a Hong Kong Dollar-backed stablecoin, to enhance financial transactions and promote real-world adoption.

Bitmine chairman Tom Lee shares Joe Lubin’s interview, discussing Ethereum’s potential. Joe Lubin points out that earning yield through staking ETH, compared with Bitcoin, allows Ethereum to achieve higher asset appreciation and drive a transition in its profit model.