# Token Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Token", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

SEC to Relax Crypto Regulations: Projects Don't Need Full Decentralization, 'Functional' is Enough

The U.S. Securities and Exchange Commission (SEC), led by Commissioner Hester Peirce, has proposed a new regulatory safe harbor for crypto assets. This rule, part of the "Regulation of Crypto Assets," would allow tokens to exit the securities law framework once the underlying project becomes "functional" or decentralized, rather than requiring full decentralization from the start. Currently, tokens are often deemed securities due to the central managerial efforts needed during early development. The proposal addresses this "catch-22" where projects need to distribute tokens to grow but face securities regulations for doing so. The safe harbor grants developers up to four years of temporary exemption from certain securities laws while they build their networks. A key shift is the exit criteria: tokens cease to be investment contracts when the network matures into either a "decentralized" or "functional" state, no longer reliant on a single entity for essential managerial or entrepreneurial efforts. The term "functional" is not strictly defined but appears to be a pragmatic version of decentralization, emphasizing broad community involvement over perfect, Bitcoin-like decentralization. Crucially, the rule permits developers to continue maintaining and improving the network even after achieving this status, as such activities are not considered "essential managerial efforts." This offers a clearer, more feasible compliance path for token issuers. The proposal places the onus on projects to self-certify when they meet the exit criteria, which may incentivize more realistic promises and potentially foster greater genuine decentralization—a core principle the crypto industry has long advocated but often failed to implement.

marsbitYesterday 07:24

SEC to Relax Crypto Regulations: Projects Don't Need Full Decentralization, 'Functional' is Enough

marsbitYesterday 07:24

Cryptocurrency Company Doppler Finance Launches New Altcoin, 1% of Which Will Be Distributed in an Airdrop! Details Here

Cryptocurrency company Doppler Finance is announcing the launch of its new altcoin, XDP. Designed as a utility and governance token for protocol coordination, XDP aims to boost user participation, support decentralized governance, and contribute to ecosystem growth. The total supply of XDP is capped at 10 billion tokens. Over half of this supply is allocated to ecosystem development, treasury, partnerships, and community growth. Shares for investors will be subject to lock-up and vesting conditions to prevent market flooding and encourage long-term commitment. During the Token Generation Event (TGE), 1% of the total supply will be unlocked and distributed via a Genesis Airdrop to early users, contributors, and ecosystem supporters. An additional 43% of the supply is dedicated to ecosystem incentives, funding future Doppler Points seasons, XDP staking activities, and local community programs. The tokenomics are structured to reward user participation and ensure the protocol's long-term development, with a significant emphasis on ecosystem funding. The Genesis Airdrop allows early adopters to benefit directly from the token launch. With XDP, Doppler Finance plans to build its governance mechanism and user reward system around its native token. Further details regarding the launch date and specific distribution mechanics are to be announced later. *This is not investment advice.

cryptonews.ruYesterday 06:35

Cryptocurrency Company Doppler Finance Launches New Altcoin, 1% of Which Will Be Distributed in an Airdrop! Details Here

cryptonews.ruYesterday 06:35

A New Project in the ZEC Space: Vitalik's Only Coin Purchase in Two Years

Amidst the bullish market, Ethereum co-founder Vitalik Buterin made his first significant public investment in a new project token in nearly two years. In the first public CCA auction for The Interfold on Uniswap, he invested 16 ETH (approx. $28,000). Following its TGE on August 19th, $FOLD's price surged over 7x, driven largely by the "Vitalik bought it" narrative before a listing on Upbit caused another spike. The price has since settled back to a range primarily supported by this narrative. The Interfold is a privacy-focused project by Gnosis Guild, a protocol enabling multiple untrusting parties to perform verifiable computations without exposing private inputs. While technically complex compared to simpler privacy assets like ZEC, the project has gained significant attention due to Vitalik's public endorsement, repeated mentions at events, and his committed, unsold investment. Analysts view $FOLD optimistically. Unlike his previous investment in Truemarkets' $TRUE, which never listed on major exchanges, $FOLD quickly listed on Upbit, boasts a ~$27M circulating market cap (~$100M FDV), and benefits from a strong ETH and overall market sentiment. The primary investment thesis revolves around attention-driven factors—Vitalik's backing and market liquidity—rather than its complex underlying technology. However, at its current valuation, some question whether the risk/reward remains attractive compared to other chains with strong momentum.

marsbit08/25 04:12

A New Project in the ZEC Space: Vitalik's Only Coin Purchase in Two Years

marsbit08/25 04:12

Hacker Leaks GTA6 and Launches a Token: Leaked Videos Become Ad Space for $CYBERLEEK, Must Buy Tokens to Vote for Next Clip

A hacker group called "CyberLeek" has leaked gameplay footage of the highly anticipated video game *GTA 6*, which is slated for release in 2026. Simultaneously, the group launched a meme token, $CYBERLEEK, on Solana. The leaks, which include maps and gameplay clips, are heavily watermarked with advertisements urging viewers to buy the token. Investigations of blockchain data reveal that the token was created and funded from a single wallet approximately eight hours before the first leak was released, suggesting a coordinated plan. The group has implemented a voting system where token holders can "vote" for the next type of content to be leaked by sending $CYBERLEEK tokens to a designated wallet—a process that permanently transfers the tokens to the hackers. This creates a self-sustaining cycle where interest in the leaks drives token purchases. Financially, the operation involved minimal upfront costs (less than $3,500 in out-of-pocket expenses) but generated significant revenue. On its first day, the token saw $15 million in trading volume, netting the creators an estimated $30,000 from transaction fees alone. While the group later burned a large portion of its developer-held tokens (worth over $1 million) to build trust, the fee-generating mechanism remains intact. The game's publisher, Take-Two Interactive, has initiated legal proceedings to identify the hackers. Despite this, the case demonstrates a new model where leaked intellectual property is used as leverage to promote and profit from a cryptocurrency, with meme token markets serving as an additional revenue stream.

marsbit08/23 10:11

Hacker Leaks GTA6 and Launches a Token: Leaked Videos Become Ad Space for $CYBERLEEK, Must Buy Tokens to Vote for Next Clip

marsbit08/23 10:11

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