LIT Token Plunges 22% as Lighter Airdrop Distribution Goes Live

LIT Token has fallen roughly 22% after Lighter’s airdrop distribution went live, with selling from recipients and leveraged traders. On-chain checks of 10,000 wallets have shown most cut balances, while perpetuals net flow has stayed negative as volume has surged. Tokenomics have drawn scrutiny too.
The post LIT Token Plunges 22% as Lighter Airdrop Distribution Goes Live appeared first on Cryptonews. …

Plasma Price Prediction: XPL Price Explodes 15% In 24 Hours, Further Increase Coming in 2026? 

Plasma price prediction: XPL has traded near $0.17, after a 15% jump, as Plasma has reported 30+ exchanges supporting USDT and daily CEX transfers near 40k. The Plasma Card has logged $10k daily volume. Framework Ventures backed Plasma in a $20M round; charts show $0.20 resistance and $0.15 support.
The post Plasma Price Prediction: XPL Price Explodes 15% In 24 Hours, Further Increase Coming in 2026?  appeared first on Cryptonews. …

Gang Posed as Elon Musk Associates Arrested in $1.3M Crypto Romance Scheme

Crypto romance scam syndicate based in Poipet, Cambodia has been dismantled, after victims lost about $1.3M through a fake SpaceX app. South Korean prosecutors said 13 suspects have been charged, with 11 arrested, as seven others are being tracked. It comes as butchering scams have drained billions.
The post Gang Posed as Elon Musk Associates Arrested in $1.3M Crypto Romance Scheme appeared first on Cryptonews. …

Lighter’s LIT Tokenomics Split DeFi Community – Fair Launch or Insider Heist?

Lighter has published tokenomics for its Lighter Infrastructure Token (LIT): 50% to users, partners and incentives and 50% to team and investors, with a 1-year cliff and 3-year vesting. DeFiLlama data have shown Lighter posting about $4.3B in 24h perp volume and $201B over 30 days. As debate builds.
The post Lighter’s LIT Tokenomics Split DeFi Community – Fair Launch or Insider Heist? appeared first on Cryptonews. …

Bitwise Floods SEC With 11 Crypto ETF Filings in One Day

Bitwise submitted 11 cryptocurrency strategy ETF registrations to the SEC in a single day, spanning DeFi lending, Layer-2 scaling, and privacy networks as generic listing standards accelerate institutional product launches.
The post Bitwise Floods SEC With 11 Crypto ETF Filings in One Day appeared first on Cryptonews. …