Olivia Chen

1 week ago | nftevening.com | Olivia Chen

The Movement Network Foundation, a prominent blockchain entity, is grappling with a controversy involving “market maker abnormalities” tied to its token, $MOVE. The situation has drawn attention to co-founder Rushi Manche, with conflicting reports about his status at Movement Labs. The situation has led to market uncertainty, impacting MOVE’s price and raising questions about the project’s governance and transparency.

1 week ago | nftevening.com | Olivia Chen

The crypto community faced another significant blow on April 14, 2025, when KiloEx, a perpetual trading platform backed by YZi Labs (formerly Binance Labs), suffered a devastating hack. The exploit resulted in a loss of approximately $7.5 million across multiple blockchains, exposing vulnerabilities in the platform’s oracle system.

1 week ago | nftevening.com | Olivia Chen

CryptoPunks, the top-tier NFT collection of the blockchain, has recently faced a trust loss from investors after a tax evasion bust. It occurred after many scandals these days, from jaw-dropping price swings to million-dollar missteps. But beyond the headlines, the NFT market in 2025 remains a battleground of risk and reward. CryptoPunks Under Fire: Taxes and Massive DropsA recent scandal has rocked the CryptoPunks community.

1 week ago | nftevening.com | Olivia Chen

Ethereum (ETH), the world’s second-largest cryptocurrency, is currently going through one of its most challenging periods since the 2022 bear cycle. After reaching a local peak of nearly 3,900 USD earlier this year, ETH has declined by more than 60% and is now trading around 1,400–1,600 USD. This decline is sharper than Bitcoin and other major altcoins like Solana and BNB, which lost 30–40% of their value in the same time.

1 week ago | nftevening.com | Olivia Chen

In just over two months since going live, Monad’s testnet has become one of the most explosive growth stories in Web3, and it’s not even on mainnet yet. With nearly 100 NFT collections already deployed, a rapidly growing community of builders, collectors, and artists is turning Monad into a creative gold rush for those paying attention early. Testnet Momentum and Airdrop HypeIn a market eager for early-stage momentum plays, Monad has captured outsized attention.