Search results for "AXL"

Acquisition of the Axelar team but selling the Token: Circle "wants people, not coins" sparks controversy.

Circle announced the acquisition of the development team Interop Labs from Axelar Network, aiming to strengthen its cross-chain infrastructure. This acquisition only involves the team and technology, excluding Axelar and its token AXL, which has sparked dissatisfaction and discussion among holders. Supporters believe this is the norm in the market, but critics accuse the token holders of being excluded. The core issue lies in the positioning of the token within the capital structure, which requires further exploration of its rights and value.
LINK3,01%
区块客·2025-12-21 07:12

Circle acquires Axelar but doesn't touch the tokens: they want people and technology but $AXL collapses, retail investors are again cut?

Circle acquires Axelar development team but does not take over the tokens, sparking community outrage. From Vertex, Padre to Tensor, "want the team, want the technology, don't want the tokens" has become a trend, marginalizing retail investors' interests and highlighting the awkward positioning of cryptocurrency token rights. (Background summary: Circle releases Q3 financial report: revenue soars 66%, net profit doubles to $214 million, USDC market cap surpasses $73.7 billion) (Additional background: Circle partners with Aleo to launch privacy stablecoin "USDCx," with transaction records and wallet addresses all invisible) Earlier this week, the Interop Labs team (initial developers of Axelar Network) announced they were acquired by Circle to accelerate its multi-chain infrastructure Arc and C
WAXL0,2%
動區BlockTempo·2025-12-18 03:14

Circle "withdraws" Axelar core team: The cross-chain ambitions of the stablecoin giant and the survival battle of open-source protocols

Global second-largest stablecoin issuer Circle announced the signing of an agreement to acquire the initial development team of cross-chain protocol Axelar, Interop Labs, and its proprietary intellectual property. The transaction is expected to be completed in early 2026. This acquisition aims to accelerate the development of Circle's Arc blockchain and cross-chain transfer protocol CCTP, but explicitly excludes Axelar network, the foundation, and its token AXL. This "cherry-picking" acquisition immediately sparked significant controversy in the crypto community, criticized as "extraction" from open-source projects, and also signaled that as regulatory frameworks become clearer, large compliant institutions are rushing to gain control over blockchain interoperability, a core infrastructure.
USDC-0,02%
MarketWhisper·2025-12-16 02:05
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Data: FIL rose over 12%, ZK rose over 22%

According to Mars Finance news, the market has experienced significant fluctuations, based on Binance spot data. FIL has risen by 12.24% in 24 hours, and ZK has increased by 22.22%, reaching a new high today. Meanwhile, AR, ORDI, SHELL, AXL, and WIF also reached new highs today, with increases of 11.08%, 5.77%, 7%, 5.21%, and 5.19% respectively. In addition, ASR and YB are in a "bottoming out and recovering" state, with increases of 7.5% and 5.24% respectively.
FIL1,53%
ZK2,24%
MarsBitNews·2025-11-01 14:47

AXL Reveals Plan to Build 50 AI Companies in Canada

AXL is a new Canadian venture studio aiming to build 50 AI companies in five years. Its first fund closed at $15 million CAD after strong investor interest. The studio will work to turn academic AI research into real customer solutions. A key goal is preserving intellectual property and retaining to
Coinfomania·2025-06-17 02:08

Axelar Soars 50% in 24 Hours: What’s Fueling the Surge in AXL Price?

Axelar Breaks Out with Strong Momentum Axelar (AXL) has captured attention with a 50% surge in the past 24 hours, trading around $0.49 after hitting an intraday high near $0.62. This spike came amid a wave of profit-taking but still marks a strong performance compared to its recent
WAXL0,2%
CryptometerIo·2025-06-10 20:43

Why are these altcoins trending on June 10th?

In the past 24 hours, cryptocurrency trading activity has increased sharply, as evidenced by a 1.6% increase in the total crypto market capitalization. The resurgence of interest from investors has brought a number of altcoins into the spotlight, with Axelar (AXL), Hyperliquid (HYPE), and Keeta (KTA) prominent
SAO2,28%
TapChiBitcoin·2025-06-10 06:45
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Upbit lists Axelar (AXL) and Balance (EPT), price surges

Upbit, a leading South Korean crypto exchange, listed Axelar (AXL) and Balance (EPT) tokens, resulting in a 65% and 22% price surge respectively. This is part of a broader recovery in the global crypto market, with Upbit's trading volume also increasing significantly.
EPT17,63%
WAXL0,2%
TapChiBitcoin·2025-06-09 23:00
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