OKX Burns $26 Billion Worth of OKB Tokens on Ethereum—Here's Why
Crypto exchange OKX slashed the supply of its OKB token by more than 90%, burning the vast majority of the Ethereum-based tokens.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale
For XRP buyers, available supply depends on the price they are willing to pay. The token's roughly 63.09 billion circulating suppl...
UK sanctions crypto payment processors Cryptomus, Heleket, and exchange TokenSpot
The UK's sanctions highlight the increasing scrutiny on crypto's role in evading financial restrictions, impacting global complian...
Kyrgyzstan Shuts Stablecoin USDKG, Burns 50M Tokens After UK Sanctions
Kyrgyzstan is winding down USDKG, its state-backed gold stablecoin, and liquidating both its issuer and the country’s first state-...
Securitize Rolls Out 1:1-Backed Tokens of Apple, Nvidia and 10 Other U.S. Stocks on Solana
Securitize launched Securitize Stocks on Thursday, a line of tokenized U.S. equities for eligible investors in the U.S., the Europ...
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
NASDAQ CEO: Blockchain tokenization to transform global finance, unlock billions
Blockchain tokenization could revolutionize finance by enhancing asset liquidity and efficiency, potentially reshaping global fina...