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- DOGS Announces Tokenomics, with 81.5% of Supply Allocated for Community | Cryptocurrency Trends
DOGS Announces Tokenomics, with 81.5% of Supply Allocated for Community | Cryptocurrency Trends
Jarseed
2024/08/16
![DOGS Announces Tokenomics, with 81.5% of Supply Allocated for Community | Cryptocurrency Trends](https://img.bitgetimg.com/multiLang/web/01d630bfe4ef147bc279bcf8ec2361c9.png)
1. Mainstream Exchange Trends:
- Binance announces its registration as a reporting entity with India's Financial Intelligence Unit (FIU-IND), marking its 19th regulatory milestone globally.
2. Cryptocurrency Trends:
- USDC Treasury has minted 250 million USDC on the Solana chain 15 minutes ago.
- DOGS announces its tokenomics, with 81.5% of the total 550 billion supply allocated to community users.
- Arthur Hayes, founder of BitMEX, officially opens the whitelist for "Airheads," his inaugural Bitcoin Ordinals NFT collection, according to The Block.
- NEBRA, a blockchain research organization, launches Universal Proof Aggregation, a technique that allows multiple, separate zero-knowledge proofs to be combined into a single, compact proof to reduce blockchain verification costs, according to The Block.
- Injective announces its official integration with the TON ecosystem. Assets such as INJ can now be used across chains with the TON ecosystem, and TON can be used between DApps in the Injective ecosystem.
3. Financing Trends:
- Web3 liquidity provider Orderly Network has raised $5 million in a strategic funding round, with participation from OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol, according to The Block.
- Binance Labs, the venture capital and incubation arm of Binance, announces its investment in the decentralized AI ecosystem MyShell.
- Blockchain risk analysis service provider Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, with participation from F-Prime Capital, Slow Ventures, Spartan Capital, Lightspeed Venture Partners, Galaxy Ventures, and PayPal Ventures, according to CoinDesk.
4. Regulatory Trends:
- Increasing stablecoin regulation could pose a significant challenge to Tether's market dominance, according to a research report from JPMorgan Chase on Wednesday. According to the Markets in Crypto-Assets Regulation (MiCA), 60% of stablecoin reserves must be held in European banks, which may force Tether to adjust its reserve management strategy.
- According to the Hong Kong Gazette, Hong Kong is accelerating the establishment of a stablecoin issuer regulation system and has recently released a summary of a public consultation on stablecoin regulation. The report highlights that the next phase of Web3 development in Hong Kong and globally focuses on bridging the gap between the virtual and real worlds, enabling seamless asset and fund transfers between the two systems. RWA is an important innovation that breaks down technical barriers and accelerates the convergence of the virtual and real worlds.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.