The Graph Token (GRT), the utility token powering The Graph Protocol’s decentralized blockchain data indexing network, offers holders multiple pathways to earn rewards through staking. By participating in the network’s proof-of-stake consensus—either as an active node operator or by delegating tokens—users can generate passive income from query fees. This guide details the mechanics of GRT staking, explores the roles of indexers and delegators, and outlines practical steps for staking on major platforms like Binance, all while highlighting the associated risks and strategic considerations.
about How to Stake GRT: Earn Rewards with The Graph TokenFantom
0 posts last weekDeFi Protocol CrediX Hacked: $4.5M Stolen, Recovery Promised
CrediX, a DeFi protocol, was hacked for $4.5 million in crypto, with the attacker exploiting an administrative account to mint unbacked stablecoins and drain collateral. Blockchain security firms CertiK and Peckshield confirmed the breach, noting the funds were moved from Sonic to Ethereum. CrediX assured users of full recovery within 48 hours, though its website remained offline. The attacker had gained privileged access six days prior, raising questions about platform security. CrediX, which offers high-yield lending (up to 10,000% APY), had recently rebranded from Fantom. Meanwhile, Sonic’s native token saw a minor price bump despite broader declines. The incident highlights ongoing risks in DeFi, echoing past warnings from regulators like Gary Gensler.
about DeFi Protocol CrediX Hacked: $4.5M Stolen, Recovery PromisedCrypto Kidnappings Rise in France, Lawmakers Act
A 26-year-old TikTok crypto influencer was kidnapped in Essonne, France, but released after his attackers found his wallet empty. This follows a pattern of ‘wrench attacks’—violent kidnappings targeting crypto holders—prompting French MP Paul Midy to propose a law restricting access to public figures’ residential addresses. Meanwhile, French police have arrested suspects linked to a high-profile crypto kidnapping case, including the alleged mastermind. Trezor, a crypto wallet maker, warns that such attacks are misguided, as blockchain transactions are traceable. France accounts for 14 of 50 global crypto-targeted kidnappings in the past year, with ransoms often demanded in crypto. Experts recommend offline backups and multi-wallet setups to mitigate risks.
about Crypto Kidnappings Rise in France, Lawmakers ActCrypto TikToker Kidnapped in France Over 50K Euro Ransom
A 26-year-old crypto trader and TikTok creator was kidnapped in Juvisy-sur-Orge, France, by four assailants demanding 50,000 euros in cryptocurrency. The victim was forced into a stolen vehicle and beaten before being released a day later when the kidnappers discovered he lacked sufficient funds. The incident highlights the risks faced by public figures in the crypto space, particularly those sharing financial content online.
about Crypto TikToker Kidnapped in France Over 50K Euro RansomSonic Labs Launches 200M S Token Airdrop for US Users
Sonic Labs is making waves with its 200M S token airdrop, notably including U.S. residents for the first time. Eligible participants must use non-custodial wallets and engage with Sonic’s DeFi ecosystem, with rewards distributed over 270 days and staking options offering a 4.61% annual return. The project has secured GSR as a market maker and closed a $10M strategic sale with Galaxy to expand its DeFi footprint. Additionally, Sonic Labs won a legal victory in Singapore to liquidate the Multichain Foundation following a 2023 hack, reinforcing user trust. Despite a recent price dip, the airdrop and partnerships signal strong growth ambitions.
about Sonic Labs Launches 200M S Token Airdrop for US UsersSonic vs. Fantom: Key Innovations for DeFi Enthusiasts
Sonic emerges as Fantom’s upgraded blockchain, addressing storage bloat and slow execution tied to Ethereum’s EVM. Unlike Fantom, which pioneered DAG-based fast transactions, Sonic introduces a fully independent network with optimized performance. The HTX report highlights its revamped tokenomics and DeFi-focused enhancements, positioning it as a compelling alternative for developers and users. Download the full analysis to explore Sonic’s technical and economic advantages over Fantom.
about Sonic vs. Fantom: Key Innovations for DeFi EnthusiastsKPMG to Liquidate Multichain After Court Ruling
The Singapore High Court has ruled in favor of Sonic Labs, formerly the Fantom Foundation, to declare the Multichain Foundation bankrupt and appoint KPMG as liquidators. The decision comes after Sonic Labs accused Multichain’s former employees of being uncooperative and hiding from victims following a 2023 hack. Multichain, a cross-chain router protocol, suffered a major security breach last year, leading to significant financial losses. The court’s judgment on May 9 marks a critical step in recovering stolen funds, with KPMG now overseeing the winding-up process. Sonic Labs CEO Michael Kong emphasized the necessity of legal action due to Multichain’s lack of cooperation.
about KPMG to Liquidate Multichain After Court RulingTop 5 Cryptos to Watch in October 2021
After a sluggish September, October 2021 is shaping up to be a bullish month for cryptocurrencies, with DOT, LINK, LIT, FTM, and XRP leading the charge. Polkadot (DOT) is poised for a breakout, supported by the Kusama-Polkadot Parachain auction, while Litentry (LIT) has broken out of a falling wedge pattern. Fantom (FTM) is retesting after an ascending triangle breakout, and Chainlink (LINK) holds strong support post-falling wedge breakout. XRP, despite its centralized ownership, shows consolidation potential after a double-bottom pattern. The article emphasizes disciplined trading and thorough research before investing, reminding readers that this is not financial advice.
about Top 5 Cryptos to Watch in October 2021Dogecoin’s Decline Sparks Interest in 1Fuel and Fantom for February Gains
Bloomberg’s recent negative coverage of Dogecoin has shifted investor focus towards 1Fuel (OFT) and Fantom, as many seek projects with more utility. 1Fuel’s presale is gaining momentum, having raised over $1.6 million, while Fantom experiences increased market activity, trading up 7% in the last 24 hours.
about Dogecoin's Decline Sparks Interest in 1Fuel and Fantom for February GainsSonic Achieves 16000 Transactions Per Second and Rebrands from Fantom
Sonic, formerly known as Fantom, has been hailed as the “golden standard” of layer-2 blockchains by co-founder Andre Cronje, who claims it has achieved over 16,000 transactions per second and a 98% reduction in storage for archival nodes. The platform emphasizes decentralized operations without fee extraction, allowing users to trade FTM tokens for S tokens at a 1:1 rate. Currently, S is trading at $0.453, reflecting an 8.5% decline in the past 24 hours.
about Sonic Achieves 16000 Transactions Per Second and Rebrands from FantomPromising Cryptocurrencies Under Four Dollars Set for Growth in 2025
The Graph (GRT), priced at $0.198, is gaining traction as a vital tool for developers of decentralized applications, indexing blockchain data akin to “Google for blockchains.” Alongside promising cryptocurrencies like Rexas Finance, Near Protocol, Fantom, and Sei, GRT is poised for significant growth as demand for decentralized data solutions escalates. Investors should keep an eye on these assets, which are positioned to potentially replicate the success of Binance Coin.
about Promising Cryptocurrencies Under Four Dollars Set for Growth in 20251Fuel Emerges as Strong Contender Against DOGE and FTM in Crypto Market
DOGE and FTM are facing stiff competition from newcomer 1Fuel, which is gaining traction with its innovative cross-chain technology and user-friendly wallet features. While DOGE’s momentum wanes and FTM struggles with price declines, 1Fuel’s presale is generating significant interest, with analysts predicting a potential 100x ROI by 2025.
about 1Fuel Emerges as Strong Contender Against DOGE and FTM in Crypto Market