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Huobi Burns 14 million Huobi Tokens Due to Increase in Revenue
Based on the exchange’s announcement, about 14,011,700 HT were destroyed, keeping the total circulation amount at 246,437,000 tokens.
The Singapore-headquartered exchange promised to spend...
Tether Issues $5billion Worth of USDT by Mistake
The CTO of Tether said there was an issue with the firm's “token decimals”. The firm thereafter burned the entire stablecoin supply.
A $5...
Cryptocurrency Exchange Bitstamp Launches Lightning Network Node
Cryptocurrency exchange, Bitstamp, recently announced the launch of its Lightning Network (LN) node to boost its network’s capabilities.
Bitstamp tweeted:
"We believe the Lightning Network...
First Stablecoin Launched on TRON
Carbon “TRXD” is the first stablecoin to be launch on the TRON blockchain network. The TRXD will be backed one to one by the...
LocalBitcoins Removes Local Fiat Ads For Good
LocalBitcoins, the global peer-to-peer crypto exchange, has confirmed the removal of local cash ads.
The Finland-based company has made the official announcement on its Twitter...
Japanese Bar Looking to Test Bitcoin’s Lightning Network for Payments
The partnership is to enable customers to make payments for wine and other beverages using cryptocurrency payments. Later this month, Nayuta will work alongside...
Tether is in Deep S But It’s Still Going Strong
Tether and its close partner Bitfinex know the meaning of the word "trouble." In the past few months, the controversial stablecoin and exchange have been officially accused of...
95% of Trading Volumes Are Fake. Nothing to Worry About, says Bitwise
The United States Securities and Exchange Commission has published a report by the American Asset Management, Bitwise. In it, the authors analyze cryptocurrency trading...
Tether Admits to Using Reserves to Buy Bitcoin
Following the recent lawsuit against Tether and Bitfinex, it has been revealed that Tether has been using some of its cash reserves to purchase...
Kraken is Offering Preferred Shares, Surpasses its Minimum Investment Goal in a Day
The exchange also announced a partnership with investment platform Bnk to the future. This partnership will enable interested and accredited investors to buy its...