Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. Small-Cap Tokens Lead the Pack In a December 23 post on X, Sankin noted a trend where smaller market-cap assets generally performed better than their larger counterparts. Those with fully diluted valuations (FDVs) below $20 million dominated the leaderboard, with assets like Shoggoth (SHOGGOTH), Frodo the Virtual Samurai (FROG), Bob (BOB), Terminus (TERMINUS), and Numogram (GNON) all achieving gains of more than 100%. Shoggoth, a Solana-based meme coin that is part of the AI agent sector, took the top spot, skyrocketing 134.66% since its launch on the platform on December 20. Two other meme coins, FROG and BOB, followed with gains of 123.19% and 122.08%, respectively, although FROG has enjoyed an extra day of listing, having been launched on December 19. Other notable performers included Solana AI agent GNON, whose value went up 104.93%, and Ethereum-based meme coin Terminus, which jumped 104.15%. Among larger capped coins, the decentralized finance (DeFi) project Odos (ODOS), with a listing FDV of $193 million, recorded the best performance, gaining 65.88% over the weekend. It was followed at 54.77% by another Solana meme coin, Luce (LUCE), and AICell (AICELL), an AI token on the Binance Smart Chain (BSC), whose worth increased by 32.10%. On the flip side, Apx (APX) and Griffain (GRIFFAIN), respectively boasting FDVs of $708.73 million and $242.64 million, suffered the steepest declines. The former blew 28.12% of its value, while the latter followed closely with a 25.41% drop. A couple of popular Solana tokens, ai16z (AI16Z) and Fartcoin (FARTCOIN), also performed poorly, losing 18.53% and 16.38% in that order. Fartcoin, which last week hit a new all-time high (ATH), initially had the biggest FDV of all the tokens listed on Binance Alpha at $862.63 million, with ai16z second at just under $800 million. However, the weekend dips mean they are currently worth $721.36 million and $651 million respectively. Diverse Performances Across Chains and Sectors The 29 tokens were distributed across four public blockchains: BSC, Solana, Ethereum, and Base. Per Sankin’s findings, BSC dominated the listings, accounting for more than 41% of all the assets, while Solana followed with 27.6%. Ethereum and Base split the remaining 31% of listings between them, with the former claiming 17.2% of the projects and Base accounting for 13.8%. The performance also varied significantly by sector. Most of those labeled as AI agents emerged as the top category, representing 31% of the listings, with DeFi and meme tokens tied for second at 27.6% apiece. The remaining 13.8% consisted of smaller categories like decentralized science (DeSci) and decentralized autonomous organizations (DAOs), represented by tokens like Rifampicin ($RIF) and Koge (KOGE). The post Out of 29 Tokens Launched on Binance Alpha, 17 Surge While 12 Decline appeared first on CryptoPotato .
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Bank Executive Allegedly Drains $4,277,227 From Customers’ Accounts in 11-Year Scheme: Report
Federal prosecutors say an employee at Oklahoma-based BOK Financial Securities drained millions of dollars directly from customers’ accounts. William Shane Garrow – who was senior vice president and a private banker at BOK until being fired early this year – is accused of embezzling $4,277,227 from at least 16 customer accounts and funneling the funds to himself, FOX23 reports . Garrow, who was hired in 2007, allegedly began committing the crimes on September 9, 2012, and continued all the way to April 10, 2024. He’s accused of draining cash from customer accounts without them knowing and transferring the funds to accounts that he controlled at other financial institutions. He’s also alleged to have written false cashier checks from client accounts and made them payable to himself. If a client noticed discrepancies, Garrow simply told them there was some sort of error, and that BOK would correct it. Says an affidavit seen by FOX23, “[Garrow] knowingly executed, and attempted to execute, a scheme…to defraud a financial institution, and to obtain any of the moneys, funds, credits, assets, and other property owned by…a financial institution.” Garrow is facing one count of bank fraud along with a separate count of willfully making and subscribing a false federal income tax return. In a statement to the media, BOK said it is cooperating with law enforcement. “Shane Garrow’s employment was terminated earlier this year upon the discovery that he had breached company policy. We have conducted a thorough internal investigation and worked with law enforcement on their investigation. Client impact was isolated and remediated upon discovery.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bank Executive Allegedly Drains $4,277,227 From Customers’ Accounts in 11-Year Scheme: Report appeared first on The Daily Hodl . Crypto Potato
Chainlink Expands Access to Various Memecoins Across Multiple Networks
Chainlink integrates memecoins into its services, enhancing accessibility. The adoption of CCT standards enables memecoins to reach wider networks. Continue Reading: Chainlink Expands Access to Various Memecoins Across Multiple Networks The post Chainlink Expands Access to Various Memecoins Across Multiple Networks appeared first on COINTURK NEWS . Crypto Potato