• bitcoinBitcoin (BTC) $ 103,943.00
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  • ethereumEthereum (ETH) $ 3,505.76
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  • tetherTether (USDT) $ 0.999758
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  • xrpXRP (XRP) $ 2.27
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  • bnbBNB (BNB) $ 951.15
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  • usd-coinUSDC (USDC) $ 0.999695
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  • staked-etherLido Staked Ether (STETH) $ 3,506.17
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  • tronTRON (TRX) $ 0.281064
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  • dogecoinDogecoin (DOGE) $ 0.165109
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  • cardanoCardano (ADA) $ 0.541266
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  • wrapped-stethWrapped stETH (WSTETH) $ 4,272.81
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  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.01
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  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,151.00
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  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,791.71
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  • chainlinkChainlink (LINK) $ 15.03
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  • hyperliquidHyperliquid (HYPE) $ 37.53
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  • bitcoin-cashBitcoin Cash (BCH) $ 497.34
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  • usdsUSDS (USDS) $ 0.999925
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  • wrapped-eethWrapped eETH (WEETH) $ 3,787.12
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  • ethena-usdeEthena USDe (USDE) $ 0.999349
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  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999465
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  • stellarStellar (XLM) $ 0.276556
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  • leo-tokenLEO Token (LEO) $ 9.49
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  • wethWETH (WETH) $ 3,510.49
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  • whitebitWhiteBIT Coin (WBT) $ 52.72
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  • suiSui (SUI) $ 2.05
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  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,967.00
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  • hedera-hashgraphHedera (HBAR) $ 0.174932
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  • avalanche-2Avalanche (AVAX) $ 16.61
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  • zcashZcash (ZEC) $ 411.63
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  • litecoinLitecoin (LTC) $ 86.59
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  • moneroMonero (XMR) $ 337.66
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  • shiba-inuShiba Inu (SHIB) $ 0.000009
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  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
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  • the-open-networkToncoin (TON) $ 1.97
  • the-open-networkToncoin (TON) $ 1.97
  • daiDai (DAI) $ 0.999854
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  • usdt0USDT0 (USDT0) $ 0.999642
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  • crypto-com-chainCronos (CRO) $ 0.125703
  • crypto-com-chainCronos (CRO) $ 0.125703
  • polkadotPolkadot (DOT) $ 2.59
  • polkadotPolkadot (DOT) $ 2.59
  • mantleMantle (MNT) $ 1.23
  • mantleMantle (MNT) $ 1.23
  • bittensorBittensor (TAO) $ 418.69
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  • memecoreMemeCore (M) $ 2.33
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  • susdssUSDS (SUSDS) $ 1.07
  • susdssUSDS (SUSDS) $ 1.07
  • uniswapUniswap (UNI) $ 5.18
  • uniswapUniswap (UNI) $ 5.18
  • aaveAave (AAVE) $ 196.56
  • aaveAave (AAVE) $ 196.56
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.109779
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.109779
  • usd1-wlfiUSD1 (USD1) $ 0.998553
  • usd1-wlfiUSD1 (USD1) $ 0.998553
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999914
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  • bitget-tokenBitget Token (BGB) $ 3.96
  • bitget-tokenBitget Token (BGB) $ 3.96
  • okbOKB (OKB) $ 131.48
  • okbOKB (OKB) $ 131.48
  • internet-computerInternet Computer (ICP) $ 5.09
  • internet-computerInternet Computer (ICP) $ 5.09
  • nearNEAR Protocol (NEAR) $ 1.88
  • nearNEAR Protocol (NEAR) $ 1.88
  • pepePepe (PEPE) $ 0.000006
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  • ethenaEthena (ENA) $ 0.322696
  • ethenaEthena (ENA) $ 0.322696
  • ethereum-classicEthereum Classic (ETC) $ 14.82
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  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.67
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  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,506.52
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,506.52
  • falcon-financeFalcon USD (USDF) $ 0.994055
  • falcon-financeFalcon USD (USDF) $ 0.994055
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.07
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.07
  • tether-goldTether Gold (XAUT) $ 3,991.97
  • tether-goldTether Gold (XAUT) $ 3,991.97
  • solanaWrapped SOL (SOL) $ 161.11
  • solanaWrapped SOL (SOL) $ 161.11
  • aptosAptos (APT) $ 2.74
  • aptosAptos (APT) $ 2.74
  • ondo-financeOndo (ONDO) $ 0.606852
  • ondo-financeOndo (ONDO) $ 0.606852
  • pi-networkPi Network (PI) $ 0.226034
  • pi-networkPi Network (PI) $ 0.226034
  • aster-2Aster (ASTER) $ 0.921697
  • aster-2Aster (ASTER) $ 0.921697
  • usdtbUSDtb (USDTB) $ 0.998893
  • usdtbUSDtb (USDTB) $ 0.998893
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.167114
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.167114
  • htx-daoHTX DAO (HTX) $ 0.000002
  • htx-daoHTX DAO (HTX) $ 0.000002
  • worldcoin-wldWorldcoin (WLD) $ 0.711783
  • worldcoin-wldWorldcoin (WLD) $ 0.711783
  • dashDash (DASH) $ 131.39
  • dashDash (DASH) $ 131.39
  • kucoin-sharesKuCoin (KCS) $ 12.26
  • kucoin-sharesKuCoin (KCS) $ 12.26
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,031.72
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,031.72
  • hash-2Provenance Blockchain (HASH) $ 0.029494
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  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.95
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.95
  • arbitrumArbitrum (ARB) $ 0.262133
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  • official-trumpOfficial Trump (TRUMP) $ 7.21
  • official-trumpOfficial Trump (TRUMP) $ 7.21
  • gatechain-tokenGate (GT) $ 11.97
  • gatechain-tokenGate (GT) $ 11.97
  • algorandAlgorand (ALGO) $ 0.158145
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  • pump-funPump.fun (PUMP) $ 0.003861
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  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,702.59
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,702.59
  • pax-goldPAX Gold (PAXG) $ 3,985.47
  • pax-goldPAX Gold (PAXG) $ 3,985.47
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,686.62
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,686.62
  • bfusdBFUSD (BFUSD) $ 0.999510
  • bfusdBFUSD (BFUSD) $ 0.999510
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 37.63
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 37.63
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.13
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  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,015.00
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  • ignition-fbtcFunction FBTC (FBTC) $ 104,425.00
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  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,760.79
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  • wbnbWrapped BNB (WBNB) $ 950.64
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  • vechainVeChain (VET) $ 0.014423
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  • cosmosCosmos Hub (ATOM) $ 2.55
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  • kaspaKaspa (KAS) $ 0.045118
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  • story-2Story (IP) $ 3.70
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  • skySky (SKY) $ 0.051061
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  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999504
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  • jupiter-exchange-solanaJupiter (JUP) $ 0.348287
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  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,728.68
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  • flare-networksFlare (FLR) $ 0.013772
  • flare-networksFlare (FLR) $ 0.013772

TON Foundation Faces Branding Risk After Intern Scandal

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TON Foundation Faces Branding Risk After Intern Scandal

  • A TON Foundation intern used official branding to promote a personal meme token.
  • The Foundation terminated the intern’s role following concerns over token promotion.
  • The case highlights brand governance risks for Web3 projects facing insider misuse of trust.

The TON Foundation has faced an unusual controversy after an intern used its branding to promote a personal meme token. The intern created a meme token on the Pump.Fun platform and promoted it via X. Since the account displayed a TON badge, it confused the community, raising concerns about possible official involvement.

During live streams, the intern talked about the future of the token, reinforcing perceptions of a connection to TON. However, after the promotion started, the posts were removed, the live stream was discontinued, and the project was abandoned with no further updates. Although the activity was personal, the overlap with TON branding gave the impression of endorsement.

Foundation Responds with Termination

Following the confusion, the TON Foundation clarified that it had not initiated, approved, or supported the token in any form and stressed that the promotion conflicted with its principles of accountability and transparency.

In its X post, the Foundation revealed that the intern handled the official X account of the firm. It also shed light on the person’s personal account, which had the firm’s badge and stated that the overlap had created an impression among the community of a token launch from the Foundation.

Emphasizing that such actions violated its standards for anyone representing the organization, the Foundation confirmed that the intern was dismissed and would no longer be affiliated with the Foundation. The firm also appreciated members of the community for raising the matter and highlighted its commitment to transparency.

The incident garnered attention and reflected on how decentralized projects must manage brand governance and employee responsibilities. In Web3, an individual can influence market perception in minutes. The boundaries between personal and organizational accounts increase reputational risks for foundations.

Experts note that this situation raises broader questions for decentralized organizations. How would the DAOs and foundations protect the brands without centralization? How can the misuse be minimized and simultaneously respect decentralization? Researchers point to the need for clear social media guidelines and rapid crisis management.

Broader Branding Risks in Web3

The TON incident highlights challenges that most blockchain projects have. Insiders often hold roles across multiple channels, making accountability complex. A single misstep can trigger market confusion, damaging community trust.

Decentralized ecosystems depend heavily on public confidence. Any suggestion of insider endorsement, even accidental, can influence trading behavior. This makes enforcement of brand governance critical for the health of token economies.

The Foundation’s decisive action may reduce damage in the long term, but the episode highlights continued weaknesses, pointing out how decentralized networks can have global implications for the actions of a junior employee.

TON continues to position itself as a leading blockchain for payments and applications. Its growth strategy is based on community trust and clear communication. The Foundation restated that accountability and transparency are still core to its operations.

The incident shows that decentralized ecosystems must continue refining governance models. As Web3 expands, projects will need stronger mechanisms to protect branding and maintain trust in rapidly changing digital markets.

Disclaimer: The information provided by CryptoTale is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any investment decisions. CryptoTale is not liable for any financial losses resulting from the use of the content.

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