• The collaboration follows the launch of the Monad mainnet in November 2025.
• Chorus One secures more than $3.5 billion across 30 blockchains.
• More than $6 million was staked during the first week of the programme.

Chorus One has partnered with cryptocurrency exchange Bitget to expand access to Monad staking at a global scale.

The collaboration focuses on simplifying how users interact with the Monad network, which launched its mainnet in November 2025.

The move places emphasis on infrastructure growth, user access, and the broader shift toward staking services.

Both companies confirmed that Bitget’s more than 120 million users will be able to access staking tools through Chorus One’s platform, creating new pathways for participation in the growing staking economy.

Validator expansion

The Monad network is a layer one blockchain that emphasises high throughput.

It supports Ethereum contracts without requiring any code changes, according to its technical documentation.

The focus of the integration between Bitget and Chorus One is to support a validator environment that can grow with decentralisation, geographic diversity, and long-term stability.

Chorus One already secures assets across more than 30 blockchains and reports securing over $3.5 billion in staked assets.

The platform also holds ISO 27001 certification, which is a standard used to assess security practices.

This places the partnership inside a broader trend where staking providers with stronger compliance frameworks are becoming central to blockchain infrastructure.

User access

Monad allows users to unstake assets in around 5.5 hours. Chorus One’s staking model supports flexible terms, which means both institutional and retail users on Bitget can stake or restake Monad tokens based on their preferences.

The partnership creates a direct path for Bitget users to enter the Monad ecosystem.

Within the first week of the staking programme launch, Chorus One released figures showing that more than $6 million worth of assets had been staked on the network.

The rapid participation signals interest in Monad’s performance-focused design and the integration with a major exchange ecosystem, reflecting a wider demand for accessible staking opportunities worldwide.

Market expansion

Bitget operates in several regions, including the Asia Pacific and African markets.

The platform’s presence in these regions gives the new staking programme a wider reach, especially in places where digital asset demand is growing.

Chorus One has already worked with the Avalanche Foundation to expand validator infrastructure across Africa, which positions the company to contribute to similar regional development for the Monad network.

The companies stated that the partnership aims to support cryptocurrency adoption in emerging markets by providing tools that reduce entry barriers and increase access to blockchain-based services.

With the expansion of new networks such as Monad, staking options are becoming a way for users in developing regions to take part in blockchain activity without needing a complex technical setup or advanced hardware.

The post Bitget and Chorus One expand Monad staking access in emerging markets appeared first on CoinJournal.

The Layer 1 blockchain Monad has grabbed the headlines in the past few days following its successful launch earlier last week. MON, its native token, enjoyed a significant 80% surge on the back of the launch, hitting an all-time high of 0.048 on Wednesday, November 26.

While the Monad protocol has enjoyed significant attention since going live, it appears that not everyone is confident in its potential adoption. Most notably, BitMEX co-founder Arthur Hayes has put forward a pessimistic outlook for the project, saying its token value could fall as much as 99%.

Monad Has No Real Use Case: Hayes

In a YouTube interview with Altcoin Daily, Hayes stated that any other Layer 1 blockchain besides Ethereum and Solana is “zero” and is not going to do very well. Using Monad as an example, the former BitMEX CEO described the protocol’s coin as another “high FDV, low-float” token.

Hayes said that Monad is going to be the new “Berachain” and expects its native token’s value to fall by 99% after the initial jump. Berachain, which launched in February 2025, has its native token BERA trading beneath $1, nearly 94% beneath its all-time high of $14.83.

As of this writing, the Monad token is valued at around $0.0285, reflecting an over 40% decline since hitting its all-time high on Wednesday.

Hayes highlighted that every new project’s token often enjoys an early price spike before facing a deep correction, as there is usually no real use case to back up the initial growth. The crypto founder noted that it is a classic case of FOMO (fear of missing out), especially after the massive success of Ethereum.

Hayes said in the interview:

Every coin gets their first pump and people want to believe in the new L1. Everybody wants to invest in the new Ethereum like they would have in 2014 when everyone missed it. Me included. But again, that doesn’t mean it [Monad] is going to actually have any real use case.

Moving forward, Hayes went on to pick a “magnificent five” of protocols currently in the cryptocurrency space, including Bitcoin, Ethereum, Solana, ZCash, and Ethena.

If Not Layer 1s, What Next?

It is little surprise that ZCash made it to the BitMEX co-founder’s list of top blockchain protocols. According to Hayes, ZCash and other privacy-focused coins—like Monero—will dominate the crypto narrative even more in the coming year.

Additionally, Hayes mentioned that Zero Knowledge (ZK) proofs and quantum resistance are other crypto narratives to watch out for in 2026. Specifically, the crypto founder noted that the next winner in the crypto market over the next one to two years would come from the ZK space.

• Monad users reported spoofed ERC20 transfers within 48 hours of mainnet launch.
• More than 76,000 wallets claimed 3.33 billion MON tokens in the airdrop.
• Monad’s testnet recorded more than 2.6 billion transactions.

Monad’s first week on mainnet has drawn intense attention across the crypto community, but it has also revealed how quickly malicious tactics can surface on a new EVM chain.

The project went live only a day before users began spotting unusual ERC20 transfer notifications that appeared legitimate at first glance.

Reports across X on Tuesday, Nov. 25, showed that scammers were already attempting to mislead newcomers who were still getting used to the network’s tools.

The incident created confusion during a launch that has otherwise seen strong participation and rapid growth, especially around the airdrop and early trading activity.

Spoof alerts grow across new network

Several users highlighted that fabricated ERC20 token transfers were appearing on explorers and wallets within 48 hours of the mainnet debut. These events looked authentic but did not move funds or alter balances.

A post on X from Monad co-founder and chief technology officer James Hunsaker drew early attention to the problem, as he warned that scammers were broadcasting fabricated transfers that appeared to come from his wallet.

The issue emerged because ERC20 is only an interface standard, which allows any contract to emit logs that resemble transfer activity even when no tokens are involved.

This behaviour is common across new EVM ecosystems, especially during traffic spikes when users rush to test fresh applications.

Screenshots circulating online showed transactions that looked like genuine movements of assets, which contributed to early confusion.

Social engineering links drive the activity

The appearance of these fake transfers formed part of a broader attempt to direct users toward phishing pages, claim buttons, or malicious contract approvals.

Spoofing has long been used to trick users into believing they have received unexpected tokens or triggered actions they did not initiate.

The tactic relies on creating urgency so that users interact with unsafe links.

As activity increased, the hashtag #MonadScam briefly trended on X before interest settled.

The network stated that the incident was not an exploit and noted that no funds were lost.

Many users also noted that wallet balances remained unchanged, which helped clarify the situation once the warnings spread.

Launch activity and airdrop hype fuel attention

Monad launched with significant momentum, which contributed to the early surge in attention from attackers.

More than 76,000 wallets claimed 3.33 billion MON tokens in the airdrop round, worth about $105 million at the time.

The demand created an ideal moment for malicious actors who were already familiar with earlier phishing attempts that imitated Monad’s airdrop portal.

The chain has been one of the most active debuts of the year, supported by more than 280 projects at launch.

The network is built by former Jump Trading engineers and is positioned as a high-performance, EVM-compatible chain.

Funding has exceeded $260 million from backers such as Paradigm, Electric Capital, and OKX Ventures.

Its testnet recorded more than 2.6 billion transactions, more than 300 million wallets, and 41 million blocks. These early figures contributed to heavy interest during the mainnet rollout, which made the environment more attractive to scammers looking to exploit user excitement.

Token activity rises as users stay cautious

MON opened at $0.02, and after an initial drop, the token gained more than 50% and traded near $0.045 at press time.

Increased interaction across dApps and explorers has encouraged the team to advise users to avoid urgency prompts, rely on verified explorers, and double-check contract engagements as mainnet traffic continues to rise.

The combination of rapid adoption, large airdrop participation, and growing traction across the ecosystem has made security awareness a priority during the early phase of the network.

The post Monad mainnet scam alerts rise as fake ERC20 transfers spread across new chain appeared first on CoinJournal.

• Monad maintains a bullish momentum after a strong mainnet launch and ecosystem integrations.
• Binance Futures will delist PONKE, SWELL, and QUICK on November 28.
• The three altcoins brace for intensified volatility in the coming few sessions.

The digital currency market is performing relatively well on Tuesday, with the value of all cryptocurrencies testing the $3 trillion mark after 2% surge in the past 24 hours.

Meanwhile, analysts are now forecasting substantial rebounds after today’s US PPI indicated cooling inflation and chances of the Fed lowering interest rates during the December meeting.

This article evaluates three tokens that remained in the limelight over the past 24 hours.

New Monad steals the show

The Layer 1 Monad has been in the spotlight amid its highly anticipated mainnet and token release, which happened yesterday, on November 24.

Meanwhile, native token MON has surprised analysts and traders.

Experts had forecasted bearish performance for the new token, citing previous trends and broader market weakness.

Indeed, most projects suffer immense selling pressure after official launches as the community locks profits after giveaways/airdrops.

However, the story is different for MON. The alt saw a brief decline after launch, hitting an intraday low of $0.02252.

However, continued excitement as leading projects like PancakeSwap and Solana revived optimism on the project, catalysing notable bounce-backs overnight.

The asset is now exchanging hands at $0.03931 after an over 60% gain on the 24-hour timeframe.

MON’s daily trading volume has skyrocketed by more than 4,700% to $1.11 billion.

That signals robust interest in the $424 million market-cap project.

Though the L1 sector could appear saturated, Monad’s EVM-compatibility perks and transaction settlement of up to 10,000 TPS (transactions per second).

Indeed, this developer familiarity and massive throughput positioned MON as a technically promising new player in the Layer 1 landscape.

Binance to delist PONKE, QUICK, and SWELL contracts

While the Monad community buzzed with optimism, Binance Futures rattled the altcoin space with a crucial announcement.

The team took it to X to confirm removing perpetual contracts of PONKE, QUICK, and SWELL on Friday, November 28, adding:

“The contracts will be delisted after the settlement is complete.

As anticipated, the mentioned tokens turned bearish after the announcement.

The trio plunged by over 5% in the past day.

While they are displaying resilience, possibly due to prevailing improved broader sentiments, the next few sessions, until November 28, look poised for overwhelming volatility.

The team warned about intensified fluctuations, thinned liquidity, and increased liquidation risks during the final hour before the last settlement. They said:

Users are strongly advised to actively monitor and manage open positions during the final hour, as the period may be subject to heightened volatility and reduced liquidity.

Meanwhile, Binance has urged users with active positions to close them before the listing time, Friday at 09:00 UTC, or face automatic settlement.

Moreover, individuals will no longer open new positions on the three contracts starting November 28 at 08:30 UTC.

The post Altcoins today: Monad rallies 60%; PONKE and QUICK plunge on Binance delisting appeared first on CoinJournal.