Crypto News
SEC Urged to Provide Safe Harbor for Blockchain Apps Amid Regulatory Uncertainty
A16z crypto proposes a safe harbor for blockchain apps to avoid misclassification as brokers, urging the SEC to clarify regulatory guidelines for decentralized finance and NFT interfaces. (Read More)Source link
Addressable Launches User Radar to Enhance Web3 Marketing
Addressable, a Web3 marketing platform, has announced the launch of User Radar, a unified dashboard designed to enhance marketing campaigns by providing insights into user behavior. This new tool, accessible via the Addressable dashboard, analyzes both onchain and offchain activity, transforming anonymous website traffic into actionable leads. User Radar tracks aggregated wallet balances across sevenSource link
OKX Slashes OKB Token Supply by 50% With $7.6B Burn, Price Surges
OKB, the token of cryptocurrency exchange OKX, more than tripled to a record high after the company executed a one-time burn of 65.26 million OKB, cutting the supply by more than 50%.Burning the roughly $7.6 billion worth of tokens permanently reduces the maximum supply to 21 million, in line with the hard cap coded into bitcoin (BTC). The burn, or sending the tokens to a wallet address that can't be accessed, was carried out from OKX’s reserves and represents one of the largest deflationary events in exchange token history.The effect of the burn was instant. OKB jumped to $142 from $46 before retrenching to about $102. Trading volume skyrocketed 13,000% to $723 million as traders attempted to capitalize on the...
HKMA Reports on Currency Board Operations Amidst Global Financial Volatility
The Hong Kong Monetary Authority discusses the HKD's performance and economic challenges from US tariffs, emphasizing a stable financial system amidst global volatility. (Read More)Source link
a16z, DeFi Education Fund Want SEC Safe Harbor for DEX, Crypto Wallet Devs
Two powerful forces in the D.C. crypto policy scene are seeking broker-dealer exemptions for dapp developers.Source link