Binance Alpha has launched the third round of its CahinOpera AI (COAI) airdrop, setting the initial eligibility threshold at 242 Alpha points. Eligible users can claim 105 COAI tokens through the Alpha airdrop activity page, with allocations distributed on a first-come, first-served basis. Each successful claim uses 15 Binance Alpha points. The distribution rules also include an automatic adjustment mechanism if the airdrop is not fully claimed at the initial threshold. In that case, the required point level will drop by 5 points every five minutes until the remaining rewards are distributed. Binance said users must complete the claim within the designated Alpha airdrop page.

ZachXBT published a timeline of the RAVE collapse, alleging that a small group of addresses controlled about 95% of supply. He also warned that tokens including SIREN and MYX may show similarly suspicious price action.

ChainOpera (COAI) is scheduled to unlock about 8.32 million tokens at 00:00 Beijing time on July 25, according to token unlock data from Web3 asset data platform RootData. The unlocked tranche is valued at about $2.59 million based on the data cited in the update. The brief was published by ChainCatcher as a 7x24 newsflash and did not include additional details on allocation, circulation impact, or vesting recipients. No images were provided with the source entry. The report only states the unlock timing, token amount, and estimated value.

LAB, a token once framed around an AI trading narrative and a multichain trading terminal, hit its first post-crash unlock on July 14 with the price hovering near $0.40, down about 98.5% from the spot peak of $27.48 seen a little over a month earlier. CoinAnk estimated that addresses entering over the past 60 days had a volume-weighted average cost of roughly $3.33, leaving only 5.56% of that supply still in profit, while presale buyers at $0.025 remained up by more than tenfold on paper. A review of the timeline shows a pattern stretching from the founders’ prior token history to presale concentration, on-chain inventory build-up, discounted OTC distribution, a derivatives-led squeeze, and then a near-90% collapse within 48 hours. ZachXBT alleged insiders controlled more than 95% of supply, highlighted shifting lockup terms and OTC discounts, and later tracked sell-side flows from an entity initially funded by the LAB team. The episode has also sharpened scrutiny on exchange listings, perpetual markets, and token disclosures, especially because LAB’s vesting schedule and circulating supply data remain unclear across third-party platforms.

On-chain investigator ZachXBT identifies Kraken as a key platform in the M token manipulation case, noting a $6 billion market cap supported by only $66 million in-app trading volume, with insiders holding over 90% of supply. He urges exchanges to freeze manipulator accounts.

On-chain investigator ZachXBT alleges Kraken enabled M token manipulation, noting a $6B market cap vs only $66M in-app trading volume and over 90% supply held by insiders. He urges exchanges to freeze manipulators' accounts.

Onchain investigator ZachXBT names Kraken alongside Bitget and Binance as enablers of M token manipulation, noting a $6B market cap backed by only $66M in app volume and insider control of over 90% supply.

Onchain investigator ZachXBT has named Kraken as a key enabler of M token manipulation, highlighting a $6.5B market cap backed by only $66M in native app volume and insider wallets holding over 90% of supply.