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Doodles, the team behind the globally acknowledged non-fungible token collection Doodles, has launched its official token, $DOOD. The Doodles NFT team just announced its native token a few hours ago at the NFT Paris event at Grande Halle de la Villette in Paris, France. In this article, we shall exclusively explore more details about the newly launched NFT coin as well as its tokenomics. In a February 13 blog post, the Doodles NFT team, through its X account, confirmed launching its official token “$DOOD” for the Doodles NFT collection. The Doodles NFT team announced the launch of its token while in Paris, France, for the annual NFT event, NFT Paris. Established three years ago, NFT Paris is a yearly non-fungible token event that brings together over 20,000 visitors and over 400 speakers from different regions worldwide to rekindle the NFT fire. The NFT Paris event kicked off today, February 13, 2025, and will run until February 14, 2025. This annual event features high-profile speakers from top NFT brands, including Mr Luca Netz, the chief executive officer of Pudgy Penguins, Sebastien Borget, the Sandbox CEO, and Burnt Toast, the creator of Doodles NFT Collection. Others include Zagabond from Azuki, Robby Young from the Animoca, Vivien Barbara from Pepe, Arthurs Breitman from Tezos, and Michael from the Abstract. Launched in 2021, Doodles is a globally acknowledged non-fungible token collection from the digital artist Burnt Toast featuring a limited edition of 10,000 cartoons hosted on the Ethereum blockchain network. The NFT collection Doodle features a combination of traits, ranging from hairstyles and clothing to accessories and more. Since its inception, Doodles has gained popularity for its distinctive style, presentation, and leadership. In a surprising incident at NFT Paris, the Doodles NFT team launched its native token called $DOOD. The newly unveiled token has a limited edition of 10 billion tokens created on Solana, with a future bridge to Base, an Ethereum Layer Two blockchain network. The NFT team has allocated 68% of the total supply to the community. Of the 68% allocated supply, 30% will go to the Doodles NFT community. Moreover, the Doodles NFT team has allocated 5% to the company, 10% to liquidity, 17% to the team, 25% to the Ecosystem fund, and 13% of the total 68% supply to the new blood. The Doodles NFT collection has skyrocketed to unprecedented heights in light of this great announcement. In the past 24 hours, the Doodles NFT collection has amassed a trading sales volume of 2,940 ETH, up over 400% from the previous day.

🔥 NEW: Doodles announces they’re launching an official $DOOD token. It will launch with a supply of 10,000,000,000 on Solana with a future bridge to Base.

Blockchain security firm SlowMist has identified a critical vulnerability in Four.Meme, a meme coin launchpad on Binance Smart Chain (BSC), where attackers could manipulate PancakeSwap v3 pools to exploit token launches. The vulnerability stemmed from the fact that Four.Meme does not implement price verification checks which allowed malicious users to create pools with deliberately skewed prices before scheduled token launches. SlowMist explained that when new tokens migrate to PancakeSwap v3 and add liquidity, they automatically adopt these manipulated price points, thereby enabling attackers to drain pool assets. According to blockchain security company PeckShield’s findings, the incident resulted in attackers making off with approximately $183,000. BSC-Based Meme Coin Launchpad Reacts In response to a recent malicious attack, Four.Meme announced suspending token liquidity pools on PancakeSwap to safeguard user assets. The development team also said that it is actively addressing the issue and will restore liquidity once a fix is implemented. Meanwhile, on-chain trading remains operational. In its official statement, Four.Meme stated, “Rest assured, internal funds are SAFU and unaffected by this attack. We will continue to monitor the situation and provide timely updates to the community. Thank you for your understanding and support!” Four.Meme initially captured market attention following the volatile performance of the Test (TST) token. Since then, the platform’s popularity surged dramatically. In fact, data compiled by Dune analytics reveal user growth reached its peak on February 9 with 11,473 unique addresses. However, as of February 11th, data shows user engagement has significantly contracted to 5,301 addresses. The latest attack has increased concerns regarding the security of meme coin launchpads as it reflected a pattern of similar incidents in the industry. This event is reminiscent of last May when Solana-based meme coin launchpad Pump.fun suffered a flash loan attack, which caused $2 million in losses. Increasing Illicit Activities Targeting Web3 Zooming out, with the rise in cryptocurrency adoption, there has been an increase in the variety of illicit on-chain activities. SlowMist’s January report revealed Web3 security incidents climbed to $98.19 million in losses across 40 hacking attacks, which caused about $87.94 million in damages, with $1.47 million successfully recovered. Major incidents include a $70 million hot wallet breach at Singapore-based exchange Phemex on January 23 and a $7.2 million exploit of P2P trading platform NoOnes’ Solana bridge on January 1. The post BSC-Based Meme Coin LaunchPad Four.Meme Suffers $183K Exploit appeared first on CryptoPotato.

Cardano is set to receive a significant boost through an innovative partnership with Walmart, which will introduce a crypto cashback program featuring Cardano’s native token, ADA. Announced on February 3, this initiative aims to bridge the gap between traditional retail shopping and blockchain technology, offering ADA as cashback on everyday purchases at one of the world’s largest retailers. Notably, Walmart, which serves approximately 230 million customers globally, will work with Bring, a white-label crypto cashback company, to launch the program, enabling users to earn ADA for purchases made through the Walmart website. Using the Cardano-base lightweight wallet Yoroi, consumers will receive cashback in ADA on various products, including groceries, electronics, and household essentials. To participate, users must install the Yoroi Wallet Extension in their browser. Once set up, the extension will detect eligible purchases on Walmart’s online store and notify users of available cashback offers in ADA. Users can earn ADA rewards by accepting the offer and completing the purchase. Elsewhere, Bring also announced a similar partnership with Newegg, the online retailer specializing in electronics, computer hardware, software, and tech products. Through this collaboration, users can now shop for tech items and earn ADA cashback via GeroWallet, another wallet on the Cardano blockchain. These collaborations are crucial for Cardano, with major developments suggesting a potential bull market for ADA. Recently, Charles Hoskinson, founder of Cardano, advocated adopting Cardano’s blockchain technology to streamline U.S. federal budgeting processes, reduce corruption, and ensure transparency by allowing public verification of tax fund allocation. He further predicted that blockchain will become integral to U.S. government functions within five years, including voting systems, procurement, payments, identification, and central banking. His vision includes a ripple effect that could see up to 50 countries follow the U.S. lead, potentially transforming global governance and financial systems. Additionally, as Cardano expands its offerings to traditional investors and institutions through various publicly traded ETPs, including those by 21Shares, ETC Group, and Valour, many experts anticipate that ADA will soon gain approval for a U.S.-based exchange-traded fund (ETF). As a result, the likelihood of an ADA ETF for 2025 surged from 21% on January 1 to 69% on January 30, according to the market prediction platform Polymarket.

Ondo Finance launched Ondo Chain, a blockchain built for secure, regulated trading of tokenized RWAs. Ondo Chain uses a permissioned system and cross-chain bridges, aiming for institutional compliance. The ONDO token saw price swings, and a big buy from a DeFi protocol linked to an investment group. New York-based Ondo Finance has introduced Ondo Chain, a layer-1 blockchain network designed specifically for tokenized real-world assets (RWAs). Announced at the Ondo Summit, this initiative aims to bridge institutional finance with blockchain technology, tackling compliance, security, and liquidity challenges faced by traditional markets. Ondo Chain: Permissioned and Secure Ondo Chain is tailored to facilitate secure, regulated financial transactions by using a permissioned validator system. This means that unlike public blockchains, where anyone can participate in validating transactions, Ondo Chain only allows approved entities to do so. This helps with meeting regulations. Unlike traditional public blockchains, which often struggle with cross-chain liquidity fragmentation and compliance concerns, Ondo Chain integrates institutional-grade security… The post Ondo Finance Targets Institutional Investors with New Chain appeared first on Coin Edition.