Tokens


Tech

Kraken Picked Optimism's 'Superchain' After Getting a Pile of OP Tokens

CoinDesk is first to report that the crypto exchange Kraken's decision to build on Optimism's OP Stack framework came with a big, previously undisclosed grant from the Optimism Foundation – of 25 million OP tokens, worth about $42.5 million at the current price.

Business deal. (Shutterstock)

Policy

SEC Intends to Amend Complaint in Binance Case

Third-party tokens are digital assets alleged to be unregistered securities by the SEC that were issued by various companies not named Binance.

SEC Chair Gary Gensler (Nikhilesh De/CoinDesk)

Policy

SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says

The conclusion of the probe into Hiro, formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.

Muneeb Ali, CEO, Trust Machines, and Kyle Rojas, Global BD and Partnerships, Edge & Node / The Graph

Finance

Three Decentralized Platforms to Merge AI Tokens, Create AI Alliance

Fetch.ai, SingularityNET and Ocean Protocol agreed to combine their crypto tokens into one and create an alliance for decentralized AI.

Merger (TheDigitalArtist/Pixabay)

Opinion

Ethereum Has Gatekeepers (for Good Reason)

A new, non-standard token standard called ERC-404 circumvented the usual governance process and is capitalizing on a term with an actual definition.

(Thomas Vogel/Unsplash)

Finance

Filecoin's Liquid Staker Glif Raises $4.5M, Hints at Token Airdrop

Glif's "liquid leasing" gives FIL holders a way to earn yield on their assets.

Staking (Shutterstock)

Opinion

Towards Governance Abstraction: Understanding a 'Friendly' Way to Manage DAOs

Dagon, a technical implementation introduced by core developer Ross Campbell, looks to improve DAO governance and delegation using smart contracts.

(Katya Ross/Unsplash, modified by CoinDesk)

Tech

StarkWare Distributing $3.5M Fees to Developers in 'Devonomics' Program

The developer firm, together with the Starknet Foundation, said that the program will benefit "dapp" builders and core developers of the Starknet blockchain.

StarkWare co-founders CEO Uri Kolodny and President Eli Ben-Sasson (Natalie Schor/StarkWare)

Policy

Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications

"This shows that MAS is listening, and is willing to consider industry feedback, even if they do not always agree," said Angela Ang, a senior policy adviser for blockchain intelligence firm TRM Labs and a former MAS regulator.

(Larry Teo/Unsplash)

Markets

AI Tokens Jump on Irrational Euphoria as Musk’s X Corp Reveals xAI Shareholding

Developments in key artificial intelligence (AI) companies sometimes drive gains in AI-focused tokens as traders bet on the long-term growth of such tokens.

(Andriy Onufriyenko/GettyImages)