#2xko

#2xko

RaveDAO, the Web3 music and entertainment protocol, has denied allegations of market manipulation following a catastrophic week that saw its native token, RAVE, lose nearly 95% of its value. The project's response comes as the token, which peaked at an all-time high of $28.90 just days ago, is now trading at approximately $1.24, effectively wiping out billions in paper wealth and triggering investigations by major exchanges.

Afroman's response to the botched raid was not just a legal victory; it was protest art in the modern age—raw, low-budget, absurdist, and deeply American.

Wrapped XRP, known as wXRP, is issued and custodied by Hex Trust, a regulated digital asset custodian. The token is fully collateralized at a 1:1 ratio.

Revolutions leave behind artifacts - not always weapons or flags, but the quieter objects that carried a message before anyone knew how far it would travel. A wheat-pasted broadside on a Los Angeles overpass. A hand-lettered cardboard sign held up in the snow outside a Tokyo office building.

Ryan, who had worked for seven years at the Ethereum Foundation (EF), Ethereum's de facto governing body, suggested that Ethereum could be on the cusp of an era-defining shift. Since its founding in 2014, the foundation had prioritized technical upgrades and had avoided centralizing power while its user base was growing, but Ethereum had now grown up, and the cryptocurrency world around it had grown up, too.

Polymarket's new collateral token, Polymarket USD, is designed specifically for the platform, functioning like a wrapped stablecoin and backed 1:1 by USDC. This change eliminates reliance on Polygon's bridged USDC.e, allowing Polymarket to have direct control over its prediction market outcome tokens.