Tokens
Keyrock: Crypto’s Buyback Boom Tests the Industry’s Financial Maturity
Tokenholder payouts have surged more than 400% since 2024, but Keyrock’s Amir Hajian warns that most are still funded by treasuries rather than real revenue, arguing that buybacks must evolve from hype-driven spending to disciplined, valuation-aware capital policy.

Legacy Users ‘Not Forgotten’ as OpenSea Balances Newcomers, OGs Ahead of Token Launch: CMO Hollander
In an interview with CoinDesk, OpenSea’s Adam Hollander shares about the platform's revamp plans.

Focus on Market Cap, Trading Volume Rather Than Engagement for a Successful Token Launch, Research Shows
Simplicity Group's study analyzed over 50,000 data points related to 40 crypto token launches in the first four months of the year.

Kraken Picked Optimism's 'Superchain' After Getting a Pile of OP Tokens
CoinDesk is first to report that the crypto exchange Kraken's decision to build on Optimism's OP Stack framework came with a big, previously undisclosed grant from the Optimism Foundation – of 25 million OP tokens, worth about $42.5 million at the current price.

SEC Intends to Amend Complaint in Binance Case
Third-party tokens are digital assets alleged to be unregistered securities by the SEC that were issued by various companies not named Binance.

SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says
The conclusion of the probe into Hiro, formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.

Three Decentralized Platforms to Merge AI Tokens, Create AI Alliance
Fetch.ai, SingularityNET and Ocean Protocol agreed to combine their crypto tokens into one and create an alliance for decentralized AI.

Ethereum Has Gatekeepers (for Good Reason)
A new, non-standard token standard called ERC-404 circumvented the usual governance process and is capitalizing on a term with an actual definition.

Filecoin's Liquid Staker Glif Raises $4.5M, Hints at Token Airdrop
Glif's "liquid leasing" gives FIL holders a way to earn yield on their assets.

Towards Governance Abstraction: Understanding a 'Friendly' Way to Manage DAOs
Dagon, a technical implementation introduced by core developer Ross Campbell, looks to improve DAO governance and delegation using smart contracts.
