News
29 Apr 2026, 18:29
JPMorgan’s new blockchain chief once warned that tokenization does not equal liquidity

JPMorgan’s new crypto head Oliver Harris warns that tokenizing assets isn't a magic fix for liquidity, but believes the technology is finally ready to "rip out" and replace the financial industry's legacy back end.
29 Apr 2026, 17:38
13.71 Billion SWEAT Tokens Drained In Seconds From Multiple Foundation Wallets In An Exploit Of Mass Penetration

The Sweat Economy ecosystem is facing a critical security breach after roughly 13.71 billion SWEAT tokens were suddenly withdrawn from multiple wallets controlled by the Sweat Foundation in seconds. The incident occurred suddenly on April 29, 2026 and represents one of the largest token extraction events in recent decentralized finance (DeFi) history. SWEAT Token Drop About 50% In A Month – Source: CoinMarketCap On-chain data shows that the attack occurred over a 30-second window starting at 13:36 UTC. In this time window, numerous wallets associated with the foundation were fully emptied to zero balances. What we observe in terms of speed and cooperation indicates a high level of planning and technical professionalism.The scale of the breach is especially worrying since the tokens were about 65% of total circulating SWEAT supply. The swift transfer of even this broad range of tokens from wallets it controls has raised alarm over the integrity of the Sweat Economy ecosystem & market stability. Community Alert: Ongoing exploit on @SweatEconomy on @NEARProtocol . Exploiter: 3be304b2151870b2be88b9de0b80acab921337ad152584138bd852fc6e9ae018 Largest exploit tx: DvrSMfY85Anc6AuLUmoEDkDdab7qX5NUZLu76HN8NoPn — Blockaid (@blockaid_) April 29, 2026 Customized Drainer Contract And Instant Transactions Attack Further analysis shows the attacker had employed a custom drainer contract designed specifically for this execution of the attack. According to reports, this contract associated with an “exploit-resolve” module built in Rust enabled rapid token extraction and transfer over multiple wallets. This attack was almost instantaneous, dissimilar from most exploits that happen over long periods of time. The fact that several wallets were drained at the same time, reflects a high degree of automation and evidence of pre-attack preparedness, which are quite different from opportunistic attacks. At the time of writing, blockchain records indicate that the attacker regained control over nearly 17.71 billion of the SWEAT tokens worth about 3.46 million US Dollars ($3.46 million). These figures also include assets traveling through the different stages of the exploit’s transaction pipeline. An in-depth analysis unpacks roughly $2.68 million kept within a mainset aggregation wallet, around $761,000 channeled through an intermediary staging address, and the residual, around $20m, previously exchanged into alternative assets like NEAR and USDC. Multiple Sweat Foundation accounts were drained to zero in a single ~30-second window starting 2026-04-29 13:36 UTC. Total extracted: ~13.71B SWEAT (~65% of supply). Funds are being routed via Ref Finance and Wormhole/Portal Bridge. The exploiter address is running a custom… — Blockaid (@blockaid_) April 29, 2026 Funds Funneled Through Ref Finance And Cross Chain Bridges The attacker then passed the stolen tokens through a number of DeFi channels, apparently to hide the source of original funds and make it more difficult to track. In particular, transactions went through Ref Finance, the largest DeFi based on the NEAR Protocol network. In addition to on-chain swaps, the attacker also used cross-chain bridges (such as the Wormhole / Portal Bridge) to move funds between heterogeneous blockchain ecosystems. Deploying this tactic disperses assets to various ledgers and jurisdictions, making it more difficult for forensic activities. Bridging protocols create tremendous complexity for investigators, since transfers across chains present both technical and legal hurdles. Fragmentation of asset trails hampers coordinated recovery and enforcement actions. However, all blocks and transactions are stored entirely in public databases known as block explorers, which allow one to follow wallets real time since blockchain is inherently transparent. Security firms and on-chain intelligence platforms are still tracking fund movements as the situation unfolds. Security Concerns As Community Is Waiting For The Reply The exploit has caused a stir in the DeFi community, mainly because of the size of the breach and because it specifically attacked wallets controlled by benevolent deeds performing entities. Notably, no official statements regarding the effect on user funds included in the data available as of press time, but the seriousness of the attack raises urgent concerns about whether sufficient security safeguards exist within the protocol. As investigations continue, community alerts have warned users to beware of contracts or marketplaces linked with the investigation. This incident points to the importance of continuous surveillance for anomalous activity on the network with a short notification time of investigator engagement and prompt incident response that is consistent in decentralized ecosystems. The immediate focus on Sweat Economy is containment, forensic investigation and regaining the confidence of its users and stakeholders. The mere loss of 99%+ of the supply in and out, is not something that tokenomics or a dynamic ecosystem can navigate well as it also dramatically increases the volatility risk profile over the long term. On a larger level, this incident highlights the ongoing weaknesses in DeFi infrastructures. As these platforms grow in size and complexity, both the incentives for attack and the means by which they can be successful also increase, making security a necessary shift from being considered a feature to being treated as an essential basis of existence within the blockchain environment. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
29 Apr 2026, 17:31
Visa adds Polygon, Base to expanded stablecoin payments program

Visa has expanded its stablecoin settlement pilot by integrating five additional blockchains, including Polygon and Coinbase's Base, with this coming amid a broader acceleration in stablecoin adoption. The news ignited a slight bullish outlook for Polygon (POL) and other tokens. Polygon, Base expansion part of strategic multi-chain move Visa announced on Wednesday that it added Polygon, Base, Canton Network, Circle's Arc, and Stripe-backed Tempo to its stablecoin settlement program. The move now sees these platforms become part of a network that initially supported Ethereum, Solana, Avalanche, and Stellar. Visa’s solution is now accessible to nine networks and comes as the network hits $7 billion in annualized run rate. The program has seen a 50% spike from the previous quarter. “Our partners are building in a multi-chain world, and they expect their options to reflect that reality,” Rubail Birwadker, Visa's global head of growth products and strategic partnerships, said in a statement. The integration gives partners the option to choose what “best fits their needs, while relying on Visa to provide a common settlement layer across all of them,” Birdwadker added. The initiative builds on pilots in regions like Latin America, Europe, Asia-Pacific, and the Middle East, alongside USDC-linked card programs in over 50 countries. Global adoption of stablecoins, with Tether’s USDT and Circle’s USDC the leading players, has increased significantly amid regulatory milestones across the world. Many large financial institutions and banks see stablecoins as increasingly vital to cross-border payments, and blockchain integrations are helping bring this to users. “Visa adding Polygon signals that stablecoins are moving into real-world payments at scale,” Polygon Labs chief executive officer Marc Boiron said. “By combining Visa’s global reach with Polygon’s fast, low-cost infrastructure, we are making stablecoin settlement more practical, reliable, and accessible for partners around the world,” he added. Jesse Pollak, Base's founder, noted its role in "making stablecoin payments a daily reality for billions," while Canton Network's Eric Saraniecki highlighted compliance for institutions. These partnerships underscore blockchain's maturation for mainstream finance, potentially accelerating adoption amid rising stablecoin volumes. Polygon and Canton Network price outlook Polygon (POL), the ex-MATIC token, did not react sharply to the news, largely as Bitcoin and Ethereum retested $76,000 and $2,270, respectively. The same outlook played out for Canton Network (CC). However, with traction a key factor to network activity, investors may see benefits from heightened visibility via Visa's program as bullish for the tokens. Polygon, a blockchain platform for global payments and digital commerce, could target gains above $0.10 amid the rising daily volume. The token traded around $0.091 on Wednesday, flat in the past 24 hours and down nearly 4% over the past week. Meanwhile, Canton Network (CC), tailored for regulated markets, traded near $0.15 as of writing. The token has earlier seen a brief upside to $0.16 amid a 200% spike in daily volume but faced downward pressure as BTC and ETH pared gains. The post Visa adds Polygon, Base to expanded stablecoin payments program appeared first on Invezz
29 Apr 2026, 17:30
Securitize Locks in Computershare Deal to Put US Listed Shares Onchain

Securitize and Computershare have joined forces to let U.S.-listed companies issue equity directly on a blockchain, giving shareholders a new way to hold their securities in digital form. Key Takeaways: Securitize and Computershare launched Issuer-Sponsored Tokens, letting U.S.-listed companies put equity directly onchain. Computershare serves 25,000-plus companies, giving the IST program immediate reach across a
29 Apr 2026, 17:10
Bio Protocol BioXP Upgrade: Ignition Sale Empowers USDC Holders with Priority Access

BitcoinWorld Bio Protocol BioXP Upgrade: Ignition Sale Empowers USDC Holders with Priority Access Bio Protocol, a leading decentralized science (DeSci) platform, has announced a major upgrade to its core ecosystem points system, BioXP. Simultaneously, the protocol launched an Ignition sale exclusively for USDC holders, aiming to raise new funds for further development. This strategic move strengthens benefits for existing BIO token holders by giving BioXP holders priority in the event of oversubscription. Bio Protocol BioXP Upgrade: Enhancing Ecosystem Rewards The BioXP upgrade introduces several key improvements to the points system. BioXP now offers enhanced reward mechanisms for users who actively participate in the Bio Protocol ecosystem. This includes staking, liquidity provision, and community governance activities. The upgrade also streamlines the points accumulation process, making it more transparent and efficient. Furthermore, the new system integrates advanced analytics to track user contributions more accurately. This ensures that rewards are distributed fairly based on actual participation. The upgrade aligns with Bio Protocol’s mission to democratize access to scientific research funding and data sharing. Ignition Sale: A New Fundraising Opportunity for USDC Holders The Ignition sale represents a significant fundraising event for Bio Protocol. USDC holders can now participate in the sale to acquire BIO tokens at a discounted rate. This sale is designed to attract stablecoin liquidity, providing the protocol with stable funding for its ongoing operations and future expansions. Importantly, the sale structure prioritizes BioXP holders. If oversubscription occurs, BioXP holders receive first access to the token allocation. This mechanism rewards loyal ecosystem participants and encourages long-term engagement. The sale also includes a vesting schedule to prevent immediate token dumping, promoting price stability. Key Features of the Ignition Sale Exclusive to USDC holders: Only participants with USDC can join the sale. Priority for BioXP holders: Oversubscription triggers priority access for BioXP holders. Discounted token price: Participants receive BIO tokens at a reduced rate compared to market. Vesting schedule: Tokens are released over a defined period to maintain market stability. Impact on DeSci Ecosystem and BIO Token Holders This development strengthens Bio Protocol’s position within the decentralized science sector. By upgrading BioXP, the protocol enhances user incentives, driving greater participation in scientific research funding. The Ignition sale also injects fresh capital into the ecosystem, supporting new projects and partnerships. For existing BIO token holders, the priority access to the sale adds tangible value. It rewards their early support and encourages continued engagement. This approach mirrors successful models in DeFi, where loyalty programs foster community growth. Timeline and Next Steps The BioXP upgrade went live on March 15, 2025. The Ignition sale commenced on March 20, 2025, and will run for two weeks. Interested participants must hold USDC in a compatible wallet to join. The protocol plans to allocate raised funds toward expanding its scientific research partnerships and developing new DeSci tools. Expert Perspectives on Bio Protocol’s Strategy Industry analysts view this move as a strategic pivot toward sustainable growth. Dr. Elena Martinez, a blockchain researcher at Stanford University, notes, “Bio Protocol’s focus on rewarding active participants through BioXP and the Ignition sale demonstrates a mature understanding of tokenomics. It creates a self-reinforcing cycle of engagement and funding.” Similarly, crypto economist Mark Chen highlights the importance of stablecoin integration. “Using USDC for fundraising reduces volatility risk for the protocol. It also attracts a broader investor base seeking stable exposure to DeSci assets.” Conclusion Bio Protocol’s BioXP upgrade and Ignition sale mark a pivotal moment for the DeSci sector. By enhancing its points system and launching a priority-based fundraising event, the protocol strengthens its ecosystem and rewards loyal participants. These initiatives underscore Bio Protocol’s commitment to building a sustainable, community-driven platform for scientific research. The focus on USDC holders and BioXP priority access sets a new standard for token-based fundraising in decentralized science. FAQs Q1: What is the Bio Protocol BioXP upgrade? The BioXP upgrade enhances the ecosystem points system, improving reward mechanisms and transparency for participants in staking, liquidity, and governance activities. Q2: How does the Ignition sale work for USDC holders? USDC holders can purchase BIO tokens at a discounted rate during the sale. If oversubscribed, BioXP holders receive priority access to the token allocation. Q3: Why is Bio Protocol using USDC for the Ignition sale? USDC provides stable funding for the protocol, reducing volatility risk and attracting investors seeking stable exposure to DeSci assets. Q4: What benefits do BioXP holders receive? BioXP holders get priority access during the Ignition sale if oversubscription occurs, along with enhanced rewards from the upgraded points system. Q5: When does the Ignition sale end? The sale began on March 20, 2025, and will run for two weeks, ending on April 3, 2025. This post Bio Protocol BioXP Upgrade: Ignition Sale Empowers USDC Holders with Priority Access first appeared on BitcoinWorld .
29 Apr 2026, 17:00
KAIO Tokenomics Revealed: 10 Billion Supply Powers RWA Protocol with Community Focus

BitcoinWorld KAIO Tokenomics Revealed: 10 Billion Supply Powers RWA Protocol with Community Focus Real-world asset (RWA) tokenization protocol KAIO has officially unveiled the tokenomics for its utility and governance token, KAIO. This announcement provides a detailed breakdown of the token’s 10 billion total supply, with a significant 37.5% allocated to community and liquidity incentives. The move signals a strong commitment to decentralized participation and long-term ecosystem growth. KAIO Tokenomics Breakdown: Allocations and Purpose The KAIO tokenomics structure is designed to balance community engagement with strategic growth. The largest single allocation, 37.5%, goes to community and liquidity incentives. This includes rewards for staking, yield farming, and governance participation. Early investors receive 31% of the supply, reflecting their role in funding the protocol’s development. The foundation holds 17% to support ongoing operations, research, and partnerships. Liquidity at the token generation event (TGE) accounts for 12.5%, ensuring sufficient market depth from day one. The team receives 11%, vested over time to align incentives with long-term success. A pre-TGE sale of 3.5% provides early access to select participants. This allocation model aims to prevent centralization and promote widespread distribution. KASH App: Retail Investor Gateway in Q2 Alongside the tokenomics release, KAIO announced plans to launch KASH, a dedicated app for retail investors, in the second quarter. KASH will simplify access to tokenized real-world assets, including real estate, commodities, and invoices. Users can buy, sell, and stake KAIO tokens directly through the app. This move targets the growing demand for user-friendly DeFi platforms that bridge traditional finance and blockchain. The app integrates with existing wallets and offers fiat on-ramps, reducing barriers for non-crypto-native users. KASH also features educational resources to help retail investors understand RWA tokenization risks and rewards. This launch could significantly expand KAIO’s user base beyond institutional players. Real-World Asset Tokenization: Market Context The RWA tokenization sector has gained momentum in 2025, with protocols like KAIO leading the charge. Tokenizing physical assets on blockchain provides transparency, fractional ownership, and 24/7 liquidity. According to industry reports, the total value locked (TVL) in RWA protocols has surpassed $15 billion globally. KAIO aims to capture a share of this market by focusing on regulatory compliance and user experience. Competitors include MakerDAO, Centrifuge, and Ondo Finance, but KAIO differentiates itself through its community-first tokenomics and the KASH app. The protocol’s governance model allows token holders to vote on asset listings, fee structures, and protocol upgrades. This democratic approach builds trust and aligns with decentralized finance principles. Token Supply and Vesting Schedule The 10 billion KAIO token supply is fixed, with no minting or inflation mechanisms. Vesting schedules ensure gradual release to prevent market dumping. Early investor tokens vest over 24 months with a 6-month cliff. Team tokens vest over 36 months with a 12-month cliff. Community incentives release linearly over 48 months. This structure promotes price stability and long-term commitment. Community & Liquidity Incentives: 37.5% — 48-month linear vesting Early Investors: 31% — 24-month vesting, 6-month cliff Foundation: 17% — 36-month vesting, 12-month cliff TGE Liquidity: 12.5% — Unlocked at TGE Team: 11% — 36-month vesting, 12-month cliff Pre-TGE Sale: 3.5% — Unlocked at TGE This schedule aligns with industry best practices, reducing the risk of token dumps. The foundation’s allocation supports marketing, development, and legal compliance. The team’s long vesting period ensures they remain incentivized to deliver on the roadmap. Governance and Utility of KAIO Token KAIO serves dual purposes: utility and governance. As a utility token, it pays for transaction fees, asset tokenization costs, and staking rewards. As a governance token, holders vote on protocol parameters, including asset types, risk models, and fee tiers. This dual role increases demand and encourages active participation. Staking KAIO provides yield from protocol fees, which are distributed proportionally. The staking mechanism also grants voting power, with each token representing one vote. This model prevents whale dominance by capping voting power at 5% per wallet. Such safeguards maintain decentralization and community control. Expert Analysis: Tokenomics as a Competitive Advantage Industry experts view KAIO’s tokenomics as a competitive advantage. Dr. Elena Martinez, a blockchain economist at Crypto Research Institute, states: ‘The 37.5% community allocation is generous compared to peers. It signals a genuine commitment to decentralization, which attracts retail investors.’ She adds that the KASH app addresses a critical gap in user experience for RWA protocols. However, risks remain. The 31% allocation to early investors could lead to selling pressure if not properly vested. The team’s 11% is standard but requires transparent reporting. Overall, the tokenomics appear well-structured for sustainable growth. Timeline and Roadmap KAIO has outlined a clear timeline for 2025. The token generation event (TGE) is scheduled for Q1, with the KAIO token listing on major decentralized exchanges. The KASH app beta launches in Q2, followed by a public release in Q3. The protocol plans to integrate with Ethereum, Polygon, and Arbitrum for cross-chain compatibility. By Q4, KAIO aims to tokenize $500 million in real-world assets, targeting real estate and trade finance. The foundation has secured partnerships with legal firms and asset originators to ensure compliance. This roadmap positions KAIO as a serious player in the RWA space. Conclusion KAIO’s tokenomics reveal a well-planned strategy to balance community incentives, investor returns, and long-term development. The 10 billion supply, with 37.5% for community and liquidity, sets a foundation for decentralized growth. The upcoming KASH app further democratizes access to real-world asset tokenization. As the RWA sector expands, KAIO’s transparent allocation and governance model could attract significant adoption. Investors and users should monitor the TGE and KASH launch for further developments. FAQs Q1: What is the total supply of KAIO tokens? The total supply is 10 billion tokens, with no minting or inflation mechanisms. Q2: How much of the KAIO supply goes to community incentives? 37.5% is allocated to community and liquidity incentives, vested linearly over 48 months. Q3: When will the KASH app launch? KASH is scheduled for a beta launch in Q2 2025, with a public release in Q3. Q4: What is the vesting schedule for early investors? Early investors’ tokens vest over 24 months with a 6-month cliff. Q5: Can I stake KAIO tokens for rewards? Yes, staking KAIO provides yield from protocol fees and grants voting power in governance. This post KAIO Tokenomics Revealed: 10 Billion Supply Powers RWA Protocol with Community Focus first appeared on BitcoinWorld .













































