Tag: value destruction

HTX DAO Completes Q2 Token Burn, Nears $136 Million in Destroyed Value

HTX DAO Completes Q2 Token Burn, Nears $136 Million in Destroyed Value

This move incinerated billions of tokens, and proved their dedication to a user-oriented, decentralized ecosystem. As a result, the burn completed on July 15, 2025 removed 11,796,322,511,974.72 $HTX tokens from circulation, worth more than $22.17 million at the time of execution. With this event the total value of $HTX tokens...

HTX DAO Burns $22 Million in Tokens, Boosts Decentralized Project Listings

HTX DAO Burns $22 Million in Tokens, Boosts Decentralized Project Listings

HTX DAO has just accomplished to burn its Q2 2025 $HTX. In the process, they destroyed 2,050 ETH—which at the time was worth over $22.17 million—worth of tokens! This burn, completed on July 15, is part of HTX DAO's commitment to decentralized governance and a sustainable financial ecosystem. HTX DAO...

HTX DAO Destroys $22 Million Worth of Tokens in Latest Burn

HTX DAO Destroys $22 Million Worth of Tokens in Latest Burn

To keep these recent achievements in mind, HTX DAO performed a large token burn on July 15, eliminating a total of 11,796,322,511,974.72 $HTX tokens. The value of the destroyed tokens was more than $22.17 million. This action aligns with HTX DAO’s pledge to conduct quarterly burns. Further, it continues progress...

DeFi's Legal Future Hinges on Programmable Regulation

DeFi's Legal Future Hinges on Programmable Regulation

The decentralized finance (DeFi) landscape is navigating a pivotal inflection point. Legal frameworks have failed to keep pace with the voracious technology-driven dynamic of our times. Meanwhile, several US states are actively trying to incorporate Decentralized Autonomous Organizations (DAOs) into their corporate structures via legislation. The lack of established guidelines...

Core DAO's Rev+ Model to Boost Bitcoin Builders and Stablecoin Projects

Core DAO's Rev+ Model to Boost Bitcoin Builders and Stablecoin Projects

Core DAO just released Rev+, an experimental revenue-sharing model. This recent initiative is intended to provide new incentives for developers, stablecoin issuers, and DAOs. This effort aims to establish Core DAO as the default home for Bitcoin builders. Additionally, it aims to incubate the most beneficial stablecoin projects, fostering stable...

AgentSPE's SARAH Debuts as Emotionally Intelligent On-Chain AI VTuber

AgentSPE's SARAH Debuts as Emotionally Intelligent On-Chain AI VTuber

SARAH, an autonomous, emotionally intelligent on-chain AI protocol powered autonomous VTuber entity receiving social signals from the web2/3 has launched under the banner of AgentSPE. SARAH functions as a completely independent, virtual, intelligent agent. It seeks to transform the way users interact by combining emotional computation with next generation blockchain...

BNB Chain's TTcoin Gains Traction with Innovative Reward System

BNB Chain's TTcoin Gains Traction with Innovative Reward System

TTcoin, a micro-cap token operating within the BNB Chain ecosystem, is gaining attention for its unique approach to cryptocurrency distribution and utility. TTcoin differentiates itself from the pack with a market valuation of less than $1 million. It includes a creative airdrop vesting mechanism and gives substantial importance to rewarding...

Compound DAO Taps Myso for Enhanced Treasury Management

Compound DAO Taps Myso for Enhanced Treasury Management

Compound DAO is using Myso, on a DeFi-native platform, to supercharge its treasury management with on-chain options. Enzyme Finance is powering this collaboration. In the end their goal will be to achieve a sustained 15% APY on their DAO’s treasury. The development underscores the maturation of DAOs as they experiment...

Crypto Figure Arthur Hayes Invests $1.5M in ENA Tokens

Crypto Figure Arthur Hayes Invests $1.5M in ENA Tokens

Arthur Hayes, the influential co-founder of crypto exchange giant BitMEX, is staking big on ENA tokens. He purchased about $1.505 million of these tokens in a single day. Hayes is one of crypto’s most incisive analysts and prognosticators, co-founder of and operator of one of the world’s largest crypto exchanges,...