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OKX said it plans to burn 65.26 million OKB tokens, with the total supply set to be adjusted to 21 million.
Its co-founder said the company's treasury isn't big enough to cover the losses and it is working on a 'concrete plan' for compensation.
Tuesday's inflows extend the ether funds' positive streak to a sixth day, during which they attracted $2.33 billion in net inflows.
A wallet linked to Ethereum Foundation has sold roughly 2,795 ETH, worth about $12.7 million, late Tuesday night, according to Lookonchain.
These are Grayscale's first altcoin ETF trust registrations on the Delaware portal, signaling potential for imminent S-1 filings.
DeFi Development Corp. is now holding over 1.3 million SOL tokens, worth nearly $250 million in total, according to a shareholder letter.
Crypto venture capital firm Pantera has invested over $300 million into digital asset treasury (DAT) companies to date.
The move comes as Bitfarms looks to redomicile in the U.S., backed by President Trump's strong political support for crypto and AI.
Coinbase has relaunched its Stablecoin Bootstrap Fund after nearly six years to increase stablecoin liquidity in DeFi.
The number of new markets on Polymarket surged in July, with over 11,500 markets representing a 44% month-over-month increase.