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Fogo has scrapped its $20 million pre-sale and will instead airdrop tokens to early adopters and users who engaged with its platform. The airdrop will reward Fogo points holders and those who participated in USDC transfers, with tokens redeemable after the mainnet launch on January 13.
Coinbase is introducing a platform for individual investors to buy digital tokens before they list on the exchange. The platform will host one token sale per month, with purchases made in USD Coin. Monad, a blockchain startup, will be the first to sell its token through this new service.
Solana validators have successfully patched a critical zero-day vulnerability that was discovered on April 16, which could have allowed unlimited minting of specific tokens. The issue was addressed within two days, ensuring the safety of funds and confirming that no known exploits occurred.
Andre Cronje's new crypto project, Flying Tulip, has raised $200 million at a $1 billion token valuation, with plans to raise an additional $800 million through a public sale. The project aims to create an onchain exchange that integrates various DeFi functions, offering investors an innovative "onchain redemption right" for downside protection.
Solana recently addressed a vulnerability that allowed attackers to exploit a bug and steal tokens from users. The platform has implemented a patch to secure its network and prevent further incidents of this nature. Community members are urged to take precautions and monitor their accounts following the attack.