Token Events

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Ethereum sees 3 firms test HKDAP stablecoin

Hong Kong's first officially approved HKD-backed stablecoin, HKDAP, has completed a live transfer test on Ethereum involving three licensed firms. Summary Anchorpoint Financial, OSL Group, and PantherTrade executed the test on Ethereum mainnet HKDAP is pegged 1:1 to the Hong Kong dollar ("at p
ETH0.29%
BTC0.21%
Cryptonews·5h ago

Syndicate Labs announced it would shut down after five years, and SYND holders will be fully compensated

On May 21, on X, on-chain developer infrastructure provider Syndicate Labs posted an announcement saying that the company will gradually shut down after building for five years. The confirmed reason is a fundamental contraction in the EVM Rollup market. The announcement also confirmed that all SYND holders have been fully compensated (including a 15% incentive). The compensation funds come from treasury reserves, and an equal amount of SYND has been burned from the treasury to offset supply impa
SYND-20.73%
ETH0.29%
OP2.56%
ARB2.52%
MarketWhisper·19h ago
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