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RalliesOKB, 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…See the Story
OKB Token Price Surges 200% as Supply Slashed by 50%
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Finance · United StatesCrypto exchange Coinbase (COIN) said on Tuesday it is reviving its Stablecoin Bootstrap Fund, aiming to boost stablecoin liquidity on decentralized finance (DeFi) markets.The initiative will be managed by Coinbase Asset Management and begins with deployments on Aave, Morpho, Kamino and Jupiter, according to a blog post.The exchange first launched the program in 2019 to help protocols seed early trading pools for USDC stablecoin. That effort supp…See the Story
Coinbase (COIN) Revives Stablecoin DeFi Fund Deploying on Aave, Morpho, Kamino, Jupiter
100% Center coverage: 1 sources
