Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
NEAR Protocol Tokenomics Overhaul Catapults The Crypto Coin 10% Higher
NEAR Protocol is climbing as the market weighs a major tokenomics overhaul designed to reduce token inflation and ease long-term s...
Less than 10% of stablecoins are deposited in DeFi, Token Terminal finds
The low DeFi stablecoin deposits highlight untapped revenue potential for protocols and underscore Ethereum's dominance in the eco...
NEAR Protocol’s House of Stake Votes to Cut Token Issuance 36%
NEAR Protocol’s governance body voted to slash the blockchain’s annual token issuance ceiling by 36%, backing a two-year reduction...
Aptos stitches stablecoins, tokenized funds and payments into one onchain stack
Aptos' integration of financial services on a single blockchain could redefine digital finance, but liquidity challenges may hinde...
Six Days After Launch, Morgan Stanley Says It Is Using DTCC’s Tokenization Service
Morgan Stanley is using the DTCC Tokenization Service (DTS) to put U.S. equities and Treasuries into token form, the bank said in...
DeFi Explained
DeFi 201 explains decentralized finance as a connected protocol system. It follows how DEXs and AMMs, liquidity pools, lending mar...