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Binance 17th Burn Sees ~$640 Million Worth Of Crypto Taken Out Of Circulation
Binance has successfully carried out another quarterly scheduled burn. This marks the 17th routine burn that the cryptocurrency exchange has carried out since it had launched its native token back in 2017. дальше »
2021-10-19 20:00 | |
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Binance Just Took Over Half A Billion Dollars Worth Of BNB Completely Out Of Circulation In 17th Quarterly Burn
On Tuesday, Binance announced that it had burned 1,335,888 BNB valued at approximately $639,462,868. Coin burning is a process by which cryptocurrency miners or exchanges periodically take out a certain portion of coins from circulation to control price through supply restriction. дальше »
2021-10-19 19:17 | |
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Ethereum Continues To Maintain Momentum As Total ETH Burned Nears $100 Million
Ethereum’s new fee burn mechanism is almost at its one-week mark. Burn rate has now grown to a rate of 3. 88 ETH in the past 24 hours. So far, over 27,000 ETH has been burned from fees. Taking over $87 million out of circulation. дальше »
2021-8-12 20:00 | |
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After Binance’s $600 Million Burn, All Eyes On Ethereum’s EIP-1559 Implementation
Binance, the world’s largest cryptocurrency exchange by client count, destroyed approximately $600 million of BNB, an announcement on Apr 16 reveals. The $600 Million BNB Burn Burning coins takes them out of circulation, increasing the demand for other coins in circulation. дальше »
2021-4-18 20:30 | |
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Zilliqa (ZIL) burn sees 3 million coins removed from circulation
Since the Zilliqa network executed its token burning, more than 3 million Zilliqa coins (ZIL) have been taken out of circulation. The move is a deliberate one to make the coin a bit scarce and more valuable. дальше »
2021-3-16 13:34 | |
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Low Circulation and High Demand at Opening of SCU Trading
PRESS RELEASE. Securypto trade will open on Bilaxy on 1 January, 2021 and all indicators say that it will start off strong given the high demand for it alongside the low circulation of the coin as pointed out by Securypto team. дальше »
2021-1-1 20:00 | |
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Litecoin to surge 8% soon; LTC/BTC pair in accumulation zone
Litecoin's price, as discussed in the previous article, was on a journey to $100 or near it, however, the price seems to be making a pitstop at $54. With over 63.4 million LTC out in circulation, the The post Litecoin to surge 8% soon; LTC/BTC pair in accumulation zone appeared first on AMBCrypto. дальше »
2020-1-26 15:00 | |
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CZ Says BNB Burns Not Priced In after 2.2 Million Binance Coin Taken Out of Circulation Forever
Today, the world's leading cryptocurrency exchange Binance conducted its 10th BNB burn which has been the second biggest burn in USD terms, at $38. 8 million, and the 3rd highest burn in terms of BNB, at 2. дальше »
2020-1-19 22:51 | |
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Binance Coins (BNB) Worth $38.8 Million Now ‘Out of Circulation’
Binance carried out its 10th token burn, removing ~$38. 8 million worth of BNB from circulation, forever. Binance Performs its 10th Quarterly Token Burn The malta-based crypto exchange, Binance, has just carried out its 10th quarterly token burn, removing $38. дальше »
2020-1-18 14:05 | |
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Bitcoin: Decentralized, Scarce And Now The 11th Largest Money In The World
Recently, the total bitcoin in circulation clocked 85%, meaning out of the 21 million fixed supply, only 3. 15 million new coins are yet to be mined for the next 120 years (in 2140). Consequently, bitcoin will do what it does best: be a valuable scarce commodity. дальше »
2019-8-8 09:21 | |
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Algorand sets date for auction to launch network as tokens enter circulation
CryptoNinjas On June 19th, 2019, The Algorand Foundation will hold its first in a series of Dutch Auctions out of Singapore. These auctions will allow Algos, the native tokens of Algorand, the PoS blockchain protocol, to enter circulation via a mechanism where the market determines the fair price. дальше »
2019-6-7 22:26 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018
The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6. дальше »
2019-4-30 20:07 | |
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Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO
Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with. дальше »
2019-4-19 18:33 | |
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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order. дальше »
2018-11-22 22:05 | |
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Tether Confirms That It Is Banking With Bahamas-Based Deltec
Tether Limited is back in the news; this time, it has confirmed a banking relationship with a financial institution based out of the Bahamas. The issuer of the controversial USD-pegged stablecoin tether (USDT) announced its partnership with Bahamas-based Deltec Bank & Trust Limited. дальше »
2018-11-2 00:27 | |
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Tether's Price Has Stabilized, But the Stablecoin's Supply Is Still Shrinking
Crypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation. дальше »
2018-11-1 23:30 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Tether Destroys 500 Million of Its USDT Coin
According to transaction data from Tether’s accounts, it took 500 million USDT permanently out of circulation on Wednesday. Tether has just destroyed 500M USDt from the Tether treasury wallet with the following tx: https://t. дальше »
2018-10-25 19:00 | |
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Tether Intentionally Obliterates 500 Million USDT
Yesterday Tether quietly took 500 million USDT out of circulation, then promptly destroyed them. Tether Supply Shrinks By $500 USDT Yesterday the stablecoin saga took a new twist as Tether Limited, the company responsible for minting and distributing the USD-pegged ‘stablecoin’ Tether (USDT) , removed 500 million USDT from circulation and destroyed them. дальше »
2018-10-25 13:00 | |
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Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1
Since tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company's "treasury" wallet. дальше »
2018-10-23 01:00 | |
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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken
Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs. дальше »
2018-10-17 01:17 | |
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Signs That The Bitcoin Bulls Are Ready To Break Out
Here are a few of the most significant signs that the bulls are getting ready to break out and stampede on the markets. Five years ago, the industry didn’t have as many investors as we see today and most mainstream media wouldn’t have given any crypto related news the light of day. дальше »
2018-10-11 21:30 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Battle of the Privacycoins: Zcash Is Groundbreaking (If You Trust It)
Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these system to work, it comes with a significant downside: privacy is often quite limited. дальше »
2018-9-25 19:47 | |
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Stablecoin Controversy: Experts Share Insights on Crypto-Fiat Tokens
The Matter With StableCoins – Experts Give Their Insights Cryptocurrencies have been a sensation all across this year and a couple before it, but among them, Stable coins have not been left out of the conversations either, and have been part of the wider rage as well. дальше »
2018-9-24 15:33 | |
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Has PayPal Failed At What Bitcoin Has Achieved?
According to reports out this week, PayPal is under criticism for its alleged failure in actually having an impact in the transformation of money usage worldwide. It seems that on the flipside, what PayPal aimed to achieve, Bitcoin thus far as done better, without really trying. дальше »
2018-8-17 11:30 | |
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Malta-based STASIS Launches New Euro-Backed Stablecoin
Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end. дальше »
2018-7-16 19:46 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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The Genesis Files: If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It
All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name. дальше »
2018-6-15 23:31 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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