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Name the token 👀 What they promised: ■■■□□ What they delivered: ■■■■■

Venice burns $100M in unclaimed $VVV tokens Privacy-focused AI platform Venice has burned $100 million worth of VVV tokens that were unclaimed following a recent airdrop, The Block reported. The 32.6 million VVV tokens that were burned represent 65% of the community allocation and a third of the genesis supply. Venice launched its VVV token on January 27.

Ethereum’s FDV holds edge over $XRP, but a shift remains possible CoinMarketCap data shows Ethereum's $ETH fully diluted valuation (FDV) at $228.08 billion, maintaining an advantage over XRP’s $218.67 billion FDV. However, a rise in XRP’s price or a drop in ETH’s value could flip their positions. FDV is determined by multiplying a token’s maximum supply by its current price. While Ethereum has no supply cap, approximately 120 million ETH are in circulation. In contrast, XRP has a fixed maximum supply of 100 billion tokens.

Securitize integrates RedStone Oracle to expand tokenized funds in DeFi Securitize, a tokenization and security token platform, has chosen RedStone as its first oracle provider to bridge its tokenized funds—issued for institutions like Apollo, BlackRock, Hamilton Lane and KKR—into decentralized finance (DeFi), according to The Block. The integration will enable these assets, including BlackRock's BUIDL and Apollo’s ACRED, to be used as collateral and in money market platforms like Compound $COMP) and Morpho $MORPHO. Securitize previously lacked oracle support, limiting DeFi functionality. RedStone’s modular design allows rapid deployment across multiple blockchains, enhancing interoperability and efficiency.

European regulators are said to be looking into crypto exchange OKX’s trading and self-custody offerings after revelations that North Korea’s Lazarus Group laundered funds from the $1.5 billion Bybit hack through the platform. According to a Bloomberg report on Tuesday, which cited sources familiar with the matter, the issue was discussed at the European Securities and Markets Authority’s (ESMA) Digital Finance Standing Committee meeting on March 6. The meeting included regulators from all 27 EU member states as well as officials from the ESMA and the European Banking Authority (EBA). Regulators reportedly debated whether OKX’s permissionless tools violate the European Union’s Markets in Crypto Assets (MiCA) regulations. MiCA, which took full effect late last year, provides exceptions for decentralized applications, but some regulators suggested that OKX’s Web3 services should be covered by the rules. If found to be breaking the rules, OKX could face significant penalties, including losing its MiCA license, which it obtained in February. OKX has denied that it is under investigation, stating on its official X (formerly Twitter) account that its non-custodial Web3 offerings are “no different” from similar services provided by other industry players. Related: FBI: North Korea’s “TraderTraitor” Gang Behind $1.5B Bybit Hack The issues surrounding OKX seem to have affected its native token, OKB, which briefly dipped below $40 before recovering to $40.71 at press time . The token has dropped 5% in the past 24 hours and fallen 15% over the last 30 days. The Relative Strength Index (RSI) stands at 34.90, indicating that OKB is close to oversold conditions, which could signal a potential rebound. Meanwhile, the Bollinger Bands (BB) show resistance at approximately $44.75 and support near $39.27, suggesting a tight trading range in the short term. Bybit CEO Ben Zhou previously claimed that at least $100 million in assets flowed through OKX’s Web3 platforms following the February hack. Related: Bybit CEO: $1.4 Billion Crypto Hack Tracked, Majority Potentially Recoverable The Lazarus Group, a state-backed cybercrime group from North Korea, is known for its advanced money laundering methods, using multiple protocols and crypto mixers to hide fund flows. Security researchers estimate that 20% of the stolen funds have now “gone dark,” making recovery virtually impossible. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.