token


Tech

Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain

Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.

Fantom Foundation CEO Michael Kong (Fantom)

Policy

Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token

The objective of Okto is to give global users a single-click mobile experience while traversing the Web3 space.

CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (CoinDCX)

Tech

Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots

Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)

Tech

Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop

A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the tweet to CoinDesk, describing it as a "leak."

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)

Finance

DWF Labs Invests $10M in TokenFi for AI-Push, TOKEN Crosses All-Time High

The purchase will be done over a two-year period, developers told CoinDesk.

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Tech

What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week

ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.

Treasure chest (Ashin K Suresh/Unsplash, modified by CoinDesk)

Markets

LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects

As of Friday, LayerZero has not outright mentioned how it intends to reward users for using its network.

Airdrop (Viaframe/Getty Images)

Videos

New Cryptocurrencies Getting Created at Slowest Pace in Three Years: CertiK Data

Excluding memecoins, the amount of new token creation dropped during the third quarter of this year to the lowest level since at least the start of 2021, according to blockchain smart-contract auditor Certik. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Finance

Celestia's TIA Token Trades at $3.15 on Futures Market Ahead of Airdrop

The token is set to be listed on Oct. 31 by Binance, Bybit and Kucoin.

A user examines prices on a mobile phone while looking at a graph on a laptop

Markets

Sam Altman's Worldcoin Switches Orb Rewards Plan to Boost WLD Supply

Users will receive WLD tokens, instead of USDC, starting Tuesday, as per a new developer document.

The Worldcoin Orb scans a QR code to kick off the iris scan in Paris. (Eliza Gkritsi/CoinDesk)

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