Base, the layer-2 blockchain backed by Coinbase, is facing criticism after a token it promoted crashed 95% shortly after launch before bouncing back. On Apr. 16, Base made a post on Zora, an on-chain social app that automatically turns posts into tokens. The post said, “Base is for everyone.” Minutes later, the official Base X … Read more
Recent reports revealed that 89% of tokens listed on Binance in 2025 showed negative returns. Tokens from 2024 didn’t perform much better either. Once seen as a launchpad for new projects, Binance listings no longer guarantee success. The ACT token highlights the issue. After its listing, it dropped sharply in value. Market maker Wintermute reportedly … Read more
What Is TreasureNFT? Launched in 2024, TreasureNFT claimed to offer monthly returns of 30% through artificial intelligence-driven NFT trading. It targeted new investors with offers like: 4.3% to 6.8% return per $100 invested Additional rewards for referring new users Fast withdrawals within 3 days (initially) But now, the story has changed. The platform has frozen … Read more
Crypto exchange Crypto.com has come under fire after a last-minute voting surge secured approval for its controversial proposal to mint 70 billion CRO tokens. According to a report from Unchained, the proposal had struggled to reach the required 33.4% quorum for most of the voting period. However, in the final hours, a sudden influx of … Read more
Why the Backlash? Several tech and crypto leaders are questioning the plan. Here’s why: Taxpayer Money: Critics argue that using taxpayer funds to support speculative digital assets is risky. Obscure Tokens: The inclusion of Solana, XRP, and Cardano raises questions. These tokens are less widely accepted and some believe they were chosen due to personal … Read more