Audit log

Every state-changing event for Power Protocol (POWER): moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions are designed to carry three independent witnesses — the original source, an Internet Archive snapshot, and a Solana memo signed by our publicly-disclosed publisher key. Archive coverage is still being backfilled, so each decision below reports its own snapshot status rather than assuming one exists.

1. #1publishby system:backfill

   2026-10-28 04:39:11Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 462,344,132

   sig

   5ptvDrQ4StiK…bFhjtxvvcopyexplorer ↗

   hash

   Gp5cKCJqW4cM…eRhZjeftcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (10832 B) ▸

   {"actor":"system:backfill","investigation_id":"bcd88db2-4407-4d82-b7ef-0989a55beefe","kind":"publish","page_slug":"power-protocol-power","published_at":"2026-10-28T04:39:11.690Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Power Protocol (POWER)","sections":[{"content":"Power Protocol is described in funding coverage as a London-based blockchain infrastructure platform aimed at on-chain gaming, with the POWER token intended to power a shared token economy for partner game studios. In late February 2026, outlets reported that Bitkraft Ventures invested $3 million in Power Protocol, bringing the project's total funding to approximately $15.4-15.5 million, with participation from Delphi Digital, The Spartan Group, Mechanism Capital and L1D AG. Pixion Games, developer of the mobile action RPG Fableborne, was named as a partner studio integrating with the Power Protocol ecosystem. The POWER token launched and was listed on exchanges including Bitget and MEXC in early 2026.","heading":"Background: Project and Funding","severity":"low","sources":[{"credibility":2,"name":"Power Protocol reaches $15.4M total funding to expand gaming ecosystem (tech.eu)","type":"news_article","url":"https://tech.eu/2026/02/24/power-protocol-raises-3m-from-bitkraft-to-expand-ecosystem/"},{"credibility":2,"name":"Power Protocol raises $3M for Web3 token economy (GamesBeat)","type":"news_article","url":"https://gamesbeat.com/power-protocol-raises-3m-for-web3-token-economy/"}]},{"content":"POWER's price rallied sharply ahead of early March 2026, with reported all-time highs ranging from about $2.02 to $2.57 depending on the source, reached around March 2, 2026, following heavy promotion by crypto influencers (KOLs). The token then collapsed by approximately 89.6% to 90.25% within roughly 24 hours, bottoming near $0.17-$0.18, before a partial recovery. Coverage attributes part of the severity of the crash to thin liquidity: PancakeSwap liquidity for POWER was reported at only about $121,000, and Bitget and MEXC were described as lacking sufficient order-book depth to absorb the sell pressure. Reporting on the exact date varies slightly (some pages give March 2-3, 2026; at least one secondary aggregator erroneously labeled the event \"2025\"), but the primary reporting, published March 4, 2026, places the crash in the window from the evening of March 2 to the morning of March 3, 2026.","heading":"March 2026 Price Collapse","severity":"high","sources":[{"credibility":2,"name":"Power Protocol Token Plummets 90% Following Suspected $16M Team Dump (CoinAlertNews)","type":"news_article","url":"https://coinalertnews.com/news/2026/03/04/power-protocol-token-crash-team-dump"},{"credibility":2,"name":"Power protocol crashes by 90 percent (Cryptopolitan)","type":"news_article","url":"https://www.cryptopolitan.com/power-protocol-crashes-by-90-percent/"},{"credibility":2,"name":"Power protocol token crashes over 90% in suspected rug pull (CoinStats)","type":"news_article","url":"https://coinstats.app/news/28a7a05fe161d1d843dc9da3e574d3aa2481a0be4e9b1fd6d1aa17685d76b21b_Power-protocol-token-crashes-over-90-in-suspected-rug-pull/"}]},{"content":"On-chain analysts, including the widely-followed Twitter/X account EmberCN, identified a wallet linked to the Power Protocol team that transferred 30 million POWER tokens -- reported at roughly $16.23 million in value at the time -- to the centralized exchanges Bitget and MEXC in the hours surrounding the crash. Reports differ on the specific sending address and split: one account (ChainCatcher, citing on-chain analyst Yu Jin) identifies a multi-signature wallet (abbreviated 0x027A...cd6c) that moved funds between roughly 11 PM and 9 AM, while other coverage cites an address referenced as team-associated transferring approximately 20 million tokens to Bitget and 10 million to MEXC. The requester-supplied address (0x9D70054a57798bc255D8F866F006744fB3A09d63) appears consistent with reporting describing a team-linked or intermediary wallet, but AVOID.NET could not independently confirm this specific address against a primary on-chain source and treats the exact wallet identity as unverified pending direct blockchain confirmation. The tokens were reportedly sold on the receiving exchanges shortly after arrival, which multiple outlets tie directly to the price collapse.","heading":"Team-Linked Wallet Transfer to Exchanges","severity":"critical","sources":[{"credibility":2,"name":"Power Protocol (POWER) price crash coverage (ChainCatcher)","type":"news_article","url":"https://www.chaincatcher.com/en/article/2249514"},{"credibility":2,"name":"Power Protocol Token Plummets 90% Following Suspected $16M Team Dump (CoinAlertNews)","type":"news_article","url":"https://coinalertnews.com/news/2026/03/04/power-protocol-token-crash-team-dump"},{"credibility":2,"name":"power protocol crash team dump (Cryptorank news feed)","type":"news_article","url":"https://cryptorank.io/news/feed/5c4ab-power-protocol-crash-team-dump"}]},{"content":"Following the crash, Power Protocol reportedly posted a clarification stating that it had sent 30 million POWER tokens to a third-party partner for market-making and liquidity purposes, and that this partner moved the tokens to exchanges and sold them \"without authorization.\" AVOID.NET could not locate the team's original statement on its official channels directly; this account is sourced from secondary reporting that paraphrases the statement, and its accuracy and completeness have not been independently verified. Multiple outlets report that the team went largely silent after issuing this explanation, has not announced a compensation plan for affected investors, and that launchpad buyers and early holders have reported no recourse. The unverified nature of the \"unauthorized sale\" explanation, combined with the timing immediately after the token's all-time high, has led several outlets to characterize the episode as a suspected insider dump or rug pull, though no regulator or law-enforcement action has been reported and the allegation of intentional fraud remains unproven.","heading":"Project's Response and Alleged Lack of Recourse","severity":"high","sources":[{"credibility":2,"name":"Power protocol crashes by 90 percent (Cryptopolitan)","type":"news_article","url":"https://www.cryptopolitan.com/power-protocol-crashes-by-90-percent/"},{"credibility":3,"name":"power token crash insider dump (OurCryptoTalk)","type":"news_article","url":"https://ourcryptotalk.com/news/power-token-crash-insider-dump"}]}],"sources_used":[{"credibility":2,"name":"Power Protocol Token Plummets 90% Following Suspected $16M Team Dump (CoinAlertNews)","type":"news_article","url":"https://coinalertnews.com/news/2026/03/04/power-protocol-token-crash-team-dump"},{"credibility":2,"name":"Power protocol crashes by 90 percent (Cryptopolitan)","type":"news_article","url":"https://www.cryptopolitan.com/power-protocol-crashes-by-90-percent/"},{"credibility":2,"name":"Power protocol token crashes over 90% in suspected rug pull (CoinStats)","type":"news_article","url":"https://coinstats.app/news/28a7a05fe161d1d843dc9da3e574d3aa2481a0be4e9b1fd6d1aa17685d76b21b_Power-protocol-token-crashes-over-90-in-suspected-rug-pull/"},{"credibility":2,"name":"Power Protocol (POWER) price crash coverage (ChainCatcher)","type":"news_article","url":"https://www.chaincatcher.com/en/article/2249514"},{"credibility":2,"name":"power protocol crash team dump (Cryptorank news feed)","type":"news_article","url":"https://cryptorank.io/news/feed/5c4ab-power-protocol-crash-team-dump"},{"credibility":3,"name":"power token crash insider dump (OurCryptoTalk)","type":"news_article","url":"https://ourcryptotalk.com/news/power-token-crash-insider-dump"},{"credibility":2,"name":"Power Protocol reaches $15.4M total funding to expand gaming ecosystem (tech.eu)","type":"news_article","url":"https://tech.eu/2026/02/24/power-protocol-raises-3m-from-bitkraft-to-expand-ecosystem/"},{"credibility":2,"name":"Power Protocol raises $3M for Web3 token economy (GamesBeat)","type":"news_article","url":"https://gamesbeat.com/power-protocol-raises-3m-for-web3-token-economy/"}],"summary":"Power Protocol is a blockchain gaming infrastructure project behind the POWER token, backed by investors including Bitkraft Ventures, Delphi Digital and Mechanism Capital, and linked to the mobile game Fableborne. In early March 2026, POWER's price collapsed roughly 90% within about 24 hours after a team-associated wallet moved 30 million tokens (reported at approximately $16 million) to the exchanges Bitget and MEXC shortly after the token hit an all-time high. The project said the tokens were sent to a market-making partner and sold \"without authorization,\" an explanation that has not been independently verified; the team has since gone largely silent, and multiple outlets describe the episode as a suspected rug pull or insider dump.","timeline":[{"date":"2026-02","date_evidence":"Power Protocol reaches $15.4M total funding to expand gaming ecosystem","date_original":"2026-02-24","event":"Bitkraft Ventures invests $3 million in Power Protocol, bringing total project funding to roughly $15.4-15.5 million; Pixion Games' Fableborne named as a partner title.","source":"tech.eu","source_url":"https://tech.eu/2026/02/24/power-protocol-raises-3m-from-bitkraft-to-expand-ecosystem/"},{"date":"2026-03","date_original":"2026-03-02","event":"POWER token reaches an all-time high (reported variously between about $2.02 and $2.57) following heavy promotion by crypto influencers.","source":"Cryptopolitan / ChainCatcher","source_url":"https://www.cryptopolitan.com/power-protocol-crashes-by-90-percent/"},{"date":"2026-03","event":"A team-associated wallet transfers approximately 30 million POWER tokens (reported value about $16.23 million) to the exchanges Bitget and MEXC; the tokens are sold shortly after, and POWER's price collapses roughly 90% within about 24 hours to a low near $0.17-$0.18.","source":"ChainCatcher, citing on-chain analysts EmberCN and Yu Jin","source_url":"https://www.chaincatcher.com/en/article/2249514"},{"date":"2026-03-04","date_evidence":"Published March 4, 2026","event":"Crypto news outlets report on the crash and the team-linked wallet transfers, characterizing the event as a suspected team dump or rug pull.","source":"CoinAlertNews","source_url":"https://coinalertnews.com/news/2026/03/04/power-protocol-token-crash-team-dump"},{"date":"2026-03","event":"Power Protocol reportedly issues a statement saying tokens given to a market-making partner were sold without authorization; the team subsequently goes largely silent with no compensation plan announced.","source":"Cryptopolitan","source_url":"https://www.cryptopolitan.com/power-protocol-crashes-by-90-percent/"}]},"v":1}

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