Set To Reach New Highs, Binance Burns $25 Million Worth Of BNB Tokens.

Binance, the current biggest cryptocurrency exchange announced their quarterly burn. This is the destruction of the exchange’s Binance coin (BNB) tokens. So this July 12, 808,888 BNB Tokens worth over $25 million were burned, Tokens that Binance says were allocated only for the Binance Team and not any tokens that belonged to private users. origin »

Multi-Million Bitcoin ATM Scheme Exposes Holes in EU's Money Laundering Net.

Spain’s Guardia Civil (Civil Guard) police unit has indicated that current rules in Europe are inadequate with regards to discouraging the use of Bitcoin ATMs to launder money. According to Bloomberg, this deficiency results from the fact that the owners of the Bitcoin ATMs are not required by the strict AML regulations to vet users […] The post Multi-Million Bitcoin ATM Scheme Exposes Holes in EU's Money Laundering Net appeared first on CCN Markets origin »

Bitcoin Price (BTC) Remains Vulnerable, Risk of More Losses.

Bitcoin price tested the $11,000 support level and recently recovered higher against the US Dollar. The price recovered close to the $11,900, but upsides remain capped below $12,000. There is an ascending channel forming with support near $11,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). origin »

Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?.

Binance yesterday completed its eighth quarterly "burn" of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng "CZ" Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth […] The post Binance to Burn Over $2. origin »

Algorand misrepresents its performance against Bitcoin.

Blockchain startup Algorand cited incorrect Bitcoin stats while marketing its own network. The startup claimed that its network handled over 50,000 transactions in less than a month, which it said was equivalent to what Bitcoin does every six months when the network actually does 1. origin »

Last Month in Crypto: June’s Major Statistics.

Coinspeaker Last Month in Crypto: June’s Major StatisticsLearn how the top crypto markets changed in the latest CORindex report, which covers key metrics like average rate, volatility, transaction volume, and other stats any serious cryptocurrency investor will want to familiarize themselves with.Last Month in Crypto: June’s Major Statistics origin »

Bitcoin (BTC) Remains Bearish Till it Breaks Past $12,500, Analyst Says.

While confusion looms as a result of uncertainty concerning the Bitcoin price movement, a crypto market analyst Josh Rager has given a little direction on the future of the king cryptocurrency. In a recent tweet, he said Bitcoin closing below $11,138 will indicate a continuing bearish trend while a price above $12,500 will be a […] The post Bitcoin (BTC) Remains Bearish Till it Breaks Past $12,500, Analyst Says appeared first on ZyCrypto. origin »

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RIP Fernando.

Last Friday, legendary MIT computer scientist Fernando development of the Computer Time-Sharing System (CTSS), which is regarded as one of the world’s first operating systems. This allowed multiple people to use a computer at the same time, accelerating the pace in which programmers worked. origin »

Google Stadia Heralds Console Apocalypse as 4,000 Devs Clamor to Join.

If there was any doubt that Google Stadia had the ammunition to single-handedly upend the gaming industry and end the video game console as we know it, they should be laid to rest. More than 4,000 developers have registered their interest to sign up to the Stadia Partners scheme with an eye on releasing games […] The post Google Stadia Heralds Console Apocalypse as 4,000 Devs Clamor to Join appeared first on CCN Markets origin »

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