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Dogwifhat (WIF) price was down 11% on the day as top meme coins struggled. The Popcat (POPCAT) token also traded lower, falling by 20% in 24 hours. A whale has dumped both WIF and POPCAT tokens at a loss. Dogwifhat ($WIF) and Popcat (POPCAT) are down double-digits in the past 24 hours as the overall meme coins market experiences a significant sell-off. Dogwifhat sheds 11% amid meme coin slip WIF, one the tokens to catayse the rise of meme tokens on the Solana network, was down 11% in 24 hours on May 18. Dogwifhat price has declined by 17% in the past week. WIF currently trades at $2.56. Comparatively, top meme coins Dogecoin, Shiba Inu, Pepe and Floki are all green in the last seven days despite shedding gains in the 24-hour period. These tokens are however in the red in the past 24 hours. Popcat (POPCAT) down 20% in 24 hours As well as Dogwifthat, another meme token losing by double-digits in the past day and week is Popcat. The Solana internet meme...

As part of the reported restructuring efforts at Rario, a number of roles are also being eliminated, according to the report. Rario, a Polygon-based platform issuing cricket-related nonfungible tokens (NFTs), has reportedly seen its founders leaving the firm after two years since launch. Founders of Rario, including Rario CEO Ankit Wadhwa and chief technology officer Sunny Bhanot, are being pushed out as investors at the startup to exert greater control over the platform, TechCrunch reported on Sept. 8. Rario CEO Ankit Wadhwa (left) and CTO Sunny Bhanot (right). Source: TechCrunch Dream11, a major Indian fantasy sports platform and the largest backer of Rario, is being ousted as well, according to the report. As part of other restructuring efforts at Rario, a number of roles are also being removed, the report said. Apart from Dream11, Rario has some prominent investors including the global investment company and cricket legend Sachin Tendulkar. In April 2022, the cricket NFT platfor...

The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious. A person is using the Multichain Executor to “drain” tokens associated with the AnySwap bridging protocol, according to a July 10 report from on-chain sleuth and Twitter user Spreek. The report follows previous outflows of over $100 million from Multichain bridges that occurred on July 7, which were reported by the Multichain team as “abnormal.” The Multi chain Executor address has been drain ing anyToken addresses across many chain s today and moving them all to a new EOA pic.twitter.com/gqDaXMBl96 — Spreek (@spreekaway) July 10, 2023 According to Spreek’s July 10 report, “The Multichain Executor address has been draining anyToken addresses across many chains today and moving them all to a new EOA [externally owned account].” An image attached to the post shows Ethereum transaction 0x53ede4462d...

More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply. More than 386 million Optimism (OP) tokens — worth $587 million at current prices — are scheduled to be unlocked on May 31 as the initial vesting period for early contributors and investors comes to an end, prompting concerns about downward price pressure. The May 31 OP unlock is one of the largest scheduled unlocking events of this year. With a current total circulating supply of just 335 million OP tokens, the unlock could potentially see the circulating supply increase by more than 100%. Optimism will unlock 9% of total $OP supply tomorrow This is the 1st unlock for core contributors & investors At current token price, potential selling pressure ~$600M pic.twitter.com/g7sg1vXMkM — Token Terminal (@tokenterminal) May 29, 2023 According to analysis from token unlock research firm Unlock Calendar, there’s a reasonable chance that the Optimism unlock could crea...

NFTs are purchased for a variety of reasons but according to a new survey from CoinGecko, the majority buy them for utility and long-term profits. Utility and long-term profits have been ranked as the top reason s for buying non-fungible Tokens (NFTs), according to a Survey conducted by CoinGecko and Blockchain Research Lab. An April 10 CoinGecko report found most considered how much utility an NFT collection offers and the benefits of holding the token before buying with over 77% of respondents saying using an NFT for its “intended function” had some level of importance out of the 11 listed reasons for buying an NFT. However, 15.7% responded they were "neutral" about utility and 6.7% felt it was "not important" in the decision-making process before buying an NFT. 343 responses were examined in a survey of NFT and crypto users who ranked their top reasons for buying NFTs. Source: CoinGecko The potential for long-term profits came in as the second most crucial fac...

Software used to access computers remotely has been inserted in a phishing website fronting as an NFT card game for the popular Pokémon franchise. Hackers hide malware in fake NFT game A phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the time of writing was still online, also claims to offer an NFT marketplace, with a link to buy Tokens and even an area to stake NFTs all based on the popular Japanese media franchise. However, an arm of the South Korean cybersecurity firm AhnLab, warned the public about website on Jan. 6, noting that instead of downloading the game, users were actually downloading a remote access tool — allowing hackers to take control of their device. A screenshot of the phishing website, the “Play on PC” link at the bottom of the image downloads the malware. The tool, known NetSupport Manager would allow the attackers to ...