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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Few events have stirred as much attention as the Sam Bankman-Fried trial. As allegations of fraud and money laundering surface within FTX’s affiliated Alameda Research, the crypto community is reminded of the need for robust crisis management. Crypto projects operate in a perfect storm of volatility, regulation, hacks, and technical complexity. Any misstep can snowball into an existential crisis in an instant.  You might also like: Crypto market on Christmas: historical trends and what to expect  Major crypto crisis categories Crises in crypto aren’t limited to legal battles. The threats are multifaceted, from unauthorized data access and technical code vulnerabilities to malicious hacks. Add to that the ever-changing regulatory environment, and projects find themselves navigating a maze of potential pit...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Altcoins are rising despite Bitcoin’s (BTC) recent correction. A pullback was expected after a relentless two-month rally. Although BTC has slowed, Solana’s (SOL) staking pool token Marinade (MNDE) rose 150% in 24 hours . Meanwhile, the Galaxy Fox  presale has raised over $850,000. Galaxy Fox presale approaches $1 million  Galaxy Fox has raised over $850,000 in the ongoing presale , with experts forecasting the project will raise $20 million. The play-to-earn (P2E) project has gained momentum quickly, rising on the GameFi narrative. Post-launch, investors can use the token to earn rewards. You might also like: SOL rallying before Christmas, Galaxy Fox presale sails past $750k GFOX will also list on centralized exchanges. Galaxy Fox’s burn campaign will activate post-launch, reduci...

A memecoin drawing its name from the Grok AI project plummeted after allegations its social media account was recycled from that of a former scam token. The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a scam token project . In a Nov. 13 X (formerly Twitter) post, ZachXBT shared screenshots showing various social media accounts and websites tied to the Grok (GROK) token were repurposed from old project s — including an abandoned memecoin project called ANDY — which has significantly declined from its all-time high. Not that people in this space will care but @GROKERC20 $GROK was created by a scammer. Same exact X/Twitter account has been reused for at least one other scam. X/Twitter ID: 1690060301465714692 pic.twitter.com/iKu7zb6YeS — ZachXBT (@zachxbt) November 13, 2023 In the five hours following ZachXBT’s post, ...

DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain. MakerDAO, the organization behind the DAI stablecoin and its related MKR governance token, recently announced a slew of planned updates to its ecosystem, including a heavy focus on artificial intelligence (AI) technologies and the planned development of a new blockchain.  Beginning with an upgrade to unify the organization’s brand, the new roadmap details a five- phase project called “Endgame.”  5 phase s of Endgame. Endgame has been defined as an update that employs AI tools and open processes to enhance efficiency, resilience, and participation. A new publication on the Maker Forum outlines its roadmap , which includes the introduction of 5 major launch phase s. pic.twitter.com/8GOkIfFADi — Maker (@MakerDAO) May 12, 2023 Per an official forum post written by MakerDAO co-founder Rune Christensen, the first phase of Endgame will involve a “full rebrand” to unify...