tokens | ForkLog

ForkLog 35 07.05.2025

Movement Labs Dismisses Co-founder Amid MOVE Token Scandal

Movement Labs has announced the dismissal of co-founder Rushi Manche following a scandal involving market makers and price manipulation of the MOVE token. Movement Labs has terminated Rushi Manche. Movement will continue under different leadership. Details on leadership changes and a revamped governance structure will be coming soon. — Movement (@movementlabsxyz) May 7, 2025 The […]

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ForkLog 29 02.05.2025

Movement Labs Co-Founder Suspended Amid MOVE Token Controversy

Movement Labs co-founder Rushi Manche has been suspended amidst an investigation into a deal with a market maker that led to the dumping of 66 million MOVE tokens. We confirm that Rushi Manche has been suspended from Movement Labs. This decision was made in light of ongoing events and as the third-party review is still […]

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ForkLog 30 30.04.2025

CZ Criticizes AI Agent Tokens as Largely Useless

At the Token2049 conference, Binance founder Changpeng Zhao urged the crypto industry to create AI agents with tokens that demonstrate “real utility,” labeling most existing examples as “useless.” This was reported by The Block. “I want to see real AI agents that have real utility, that can actually help you, with tokens. There are launchpads […]

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ForkLog 19 30.04.2025

Movement Labs Investigates Market Maker Collusion

The team at Movement Labs is investigating a deal with a market maker that led to the dumping of 66 million MOVE tokens and a subsequent drop in the asset’s price shortly after its listing. This was reported by CoinDesk, citing internal project documents. Deal Structure According to employee correspondence, Movement Foundation transferred 66 million […]

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ForkLog 16 30.04.2025

FTX Sues Gaming Platform Delysium Over Unpaid Tokens

The bankrupt exchange FTX has filed lawsuits against the NFT marketplace Stars and the blockchain gaming company Kurosemi, operating under the Delysium brand. The accusation states that both companies failed to deliver tokens owed to the trading platform. (1/3) FTX today announced that to recover estate assets, FTX has commenced legal action against certain token […]

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ForkLog 109 30.04.2025

Trump Media to Introduce Wallet and Token for Subscriptions on Truth Social

Trump Media & Technology Group (TMTG), the parent company of former U.S. President Donald Trump’s social network Truth Social, is considering launching a token and wallet for payments on the streaming platform Truth+. This was announced by TMTG CEO Devin Nunes in a letter to shareholders. The digital asset is initially planned for use in […]

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ForkLog 20 18.04.2025

Insiders Implicated in Mantra Token Collapse, Experts Confirm

The team behind the RWA project Mantra and its market-making partners manipulated the liquidity metrics of the collapsed OM token. This opinion was expressed in the podcast The Chopping Block on the YouTube channel Unchained. $OM went from top 25 token to 90% drawdown in 90 minutes. Maybe we do need public market-making disclosures? Timestamps00:00 […]

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ForkLog 27 17.04.2025

Market‑making deals quietly ‘kill’ crypto projects

Market makers can crash token prices, creating a “death spiral” for projects. Opaque deals between market participants foster abuse. Retainer models with fixed fees reduce risks and encourage long-term cooperation. Given incentives that allow abuse, market makers, instead of securing a listing on CEX and providing liquidity, can trigger a “death spiral” for smaller crypto […]

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ForkLog 21 17.04.2025

Base Criticised for Supporting Collapsed Token

The Layer 2 network Base has come under fire following the collapse of the token Base is for everyone. Initially launched as an experimental content coin, it saw a sharp rise in price before losing 95% of its value. Base is for everyone. pic.twitter.com/gq3lLLuXO1 — Base (@base) April 16, 2025 On March 16, Base published […]

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ForkLog 14 16.04.2025

Raydium Unveils Token Launch Platform

The decentralised exchange Raydium has introduced its March-announced token launch platform, LaunchLab. Introducing LaunchLab, Raydium’s all-in-one token launchpad. Built for Creators, Developers, and the Community ?https://t.co/yZVzShVZSJ More info ⬇️ pic.twitter.com/r6s1DAegWf — Raydium (@RaydiumProtocol) April 16, 2025 According to the developers, the platform offers seamless and free creation of Solana tokens. Instead of writing code, users […]

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ForkLog 14 16.04.2025

Movement Network Probes Market Maker ‘Anomaly’

The Movement Network team has launched an investigation after Binance ceased collaboration with an unnamed market maker due to price manipulation of the MOVE token. This was reported by Blockworks. A representative from Movement Labs confirmed to the publication that a third party has been engaged in the process. In light of this, project co-founder […]

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ForkLog 23 15.04.2025

Insider collusion blamed for Mantra token crash

Researchers say a group holding roughly 90% of Mantra’s total supply manipulated the token’s price. The ~90% plunge in OM was triggered by a member of the colluding group breaking ranks. The project says it will disclose verified details once checks are complete. Mantra’s RWA token slumped due to manipulation by insiders controlling more than […]

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