Streamflow Burns 70% Of STREAM Supply In 699.99M Token Cut

TL;DR The Streamflow Foundation has burned 699.99 million STREAM tokens in a single onchain transaction. Total supply fell from roughly 1 billion STREAM to 300 million. The foundation says its product operations, vesting schedules, staking and airdrop services are unchanged by the supply reduction. Streamflow has made one of the more dramatic token-supply changes of […]

Travala Creates Permanent AVA Reserve And Doubles Monthly Buybacks

TL;DR Travala has launched a permanent strategic reserve for its AVA token. The company says it will match AVA Foundation monthly open-market buybacks, effectively doubling the amount purchased each cycle. Travala says tokens placed into its reserve will not be sold or transferred. Crypto travel platform Travala is putting a new balance-sheet commitment behind its […]

MoonPay Agrees To Buy North Capital In Push Into Tokenized Securities

TL;DR MoonPay has signed a definitive agreement to acquire private-markets infrastructure company North Capital. North Capital brings registered broker-dealers, an alternative trading system, transfer-agent operations and investment-advisory infrastructure. The acquisition has been agreed but has not yet closed. MoonPay is making a much bigger move into regulated securities infrastructure. The crypto payments company has entered […]