On-chain Data
Xmon Tokens Fall 80% After End of SudoSwap Lock Drop Program
Traders initially bid up prices of Xmon to get an airdrop of sudo, the governance tokens of SudoSwap.

Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K
ArbiSwap’s native ARBI tokens fell from $1.5 to a fraction of a cent in the past 24 hours.

IOST Network's Token Surges Over 8% on Deal With Amazon Web Services
The network will use AWS' computing power, AI tools and decentralized internet architecture.

Solana’s Spam Problems Persist Despite Tech Improvements, MEV Researchers Say
Arbitrageurs are eating up precious blockspace with pointless transactions, according to Jito Labs.

Algorand Wallet MyAlgo Advises Users to Withdraw Funds After $9.6M Exploit
John Woods, chief technology officer of the Algorand Foundation, said 25 wallets were affected.

Arbitrum-Based FactorDAO Releases Staking Service, Developers Address Crypto Twitter Rumors
FCTR tokens fell to as low as 44 cents in the initial hours after a Camelot DEX sale and have since seen high volatility.

Solana Developers Say Reason for Network Outage Still Unclear
The Solana blockchain was stuck for more than a day over the weekend, recovering only after validators restarted the network.

BIT Token Surges to Weekly High Following $200M BitDAO Ecosystem Fund Proposal
BIT jumped 5% over the weekend, outperforming both ETH and BTC, following the proposal from layer 2 network, Mantle.

Shiba Inu Investor Transfers Tokens to Exchanges, Possibly Foreshadowing Price Drop
Wallet 0xd6 moved more than 182 billion shiba inu tokens to crypto exchanges Gemini and Crypto.com during Asian morning hours on Monday.

Start of the End? Testnet Goerli Ether Spikes to $1.60 as Traders Jump on Opportunity Meant for Developers
LayerZero offered developers a way to get their hands on intrinsically worthless gETH tokens for testing purposes – but traders jumped on that opportunity, leading to an uncannily high-valued market.
