Kommunitas Successfully Completes 31st Token Burn, Eliminating Over 424 Million $KOM Tokens to Strengthen Market Position

Strategic Burn Reinforces Token Scarcity and Highlights Commitment to Enhancing Token Value Through Community Engagement [Panama, 13 May]: Leading decentralized crowdfunding ecosystem Kommunitas announces its 31st token burn event is successfully and permanently removing 424,749,197 $KOM tokens out of circulation. Valued at around $1,189,298, this was a major step towards increasing the value of the…

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Sui Foundation Redirects 117 Million SUI Tokens to Bolster Ecosystem Development

Sui Foundation Redirects 117 Million SUI Tokens to Bolster Ecosystem Development

In a calculated move to propel its ecosystem’s growth, Sui Foundation is strategically reallocating 117 million SUI tokens, constituting 13.6% of its circulating supply and 1% of the total supply, valued at $51 million. Key Takeaways Target Development Support The freshly reallocated resources will predominantly back Sui’s developing ecosystem. The areas of focus include providing…

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SEC Chair Details Crypto Framework Excluding Most Tokens From Securities

New Regulatory Approach for Digital Assets SEC Chairman Paul Atkins has outlined the next phase of Project Crypto, which aims to provide clearer regulatory guidance for digital assets under federal securities laws. The framework builds on work led by Commissioner Hester Peirce and the Crypto Task Force, focusing on transparent and fair treatment of cryptocurrencies….

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Aragon Deploys on Polygon To Optimize DAO Creation and Management

Aragon Deploys on Polygon To Optimize DAO Creation and Management

Users will be able to create and manage DAOs more easily, quickly, and affordably with Aragon Client now live on Polygon DUBAI, UAE / ACCESSWIRE / September 2, 2021 / Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, today announces that Aragon Client, an Ethereum-based project that makes the creation and management…

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Coinbase joins NGO's efforts using crypto to help Haitians impacted by earthquakes, civil unrest

Coinbase joins NGO’s efforts using crypto to help Haitians impacted by earthquakes, civil unrest

Major crypto exchange Coinbase has given a $150,000 grant to Hope for Haiti as part of a pilot program aimed at providing financial assistance to Haitians experiencing social and economic hardship.  In a Tuesday announcement, Hope for Haiti said Coinbase would be making the $150,000 contribution to its pilot project with financial inclusion-driven firm Emerging…

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EU proposes centralized crypto licensing under ESMA, raising industry concerns

European Commission seeks expanded powers for financial regulator I think this is one of those regulatory moves that could really shape how crypto develops in Europe over the next few years. The European Commission just put forward a proposal to give the European Securities and Markets Authority (ESMA) direct supervisory powers over crypto-asset service providers,…

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