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  • binance-conducts-11th-lunc-burn,-2.65-billion-tokens-destroyed

    Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

    The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network. Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion. Traders have reacted positively More

  • abnormal-token-price-movements-on-binance-not-hack-related,-confirms-cz

    Abnormal token price movements on Binance not hack-related, confirms CZ

    On Dec. 11, Binance issued a notice about abnormal price movements for some trading pairs. As a result, the exchange began an investigation to narrow down suspicious accounts responsible for the issue. Crypto exchange Binance began investigating suspicious behavior on its platform after noticing abnormal price movements for certain trading pairs involving Sun Token (SUN) More

  • crypto-biz:-bear-market-claims-another-casualty

    Crypto Biz: Bear market claims another casualty

    German crypto bank Nuri joins a growing list of crypto service providers to shutter their doors permanently amid the bear market. Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isn’t over yet. This week, German crypto bank Nuri urged its… More

  • traders-say-atom-could-eventually-do-an-avax-like-surge-to-$100
    in ,

    Traders say ATOM could eventually do an AVAX-like surge to $100

    Fractals, bullish technical analysis patterns and the fact that 67% of the total supply is staked are key reasons why analysts expect ATOM to hit new highs shortly. Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a bullish continuation pattern. Dubbed “bull flag,” the… More

  • defi-growth-helps-push-crypto’s-share-of-the-global-money-supply-above-2%
    in , , ,

    DeFi growth helps push crypto’s share of the global money supply above 2%

    The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption. This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced… More

  • japanese-financial-giant-sbi-acquires-taotao-crypto-exchange

    Japanese financial giant SBI acquires TaoTao crypto exchange

    SBI now has two licensed crypto trading platforms in Japan. Japan’s largest on-line financial conglomerate, SBI Holdings, now owns two licensed cryptocurrency trading platforms with its new acquisition of TaoTao exchange.According to an official announcement on Oct. 7, SBI’s foreign exchange and derivatives arm SBI Liquidity Market has acquired all shares of TaoTao, making it… More

  • russia’s-telecom-regulator-blacklists-binance-website

    Russia’s telecom regulator blacklists Binance website

    The website of the Binance exchange is still available without additional access tools, platform says crypto funds are safe. Authorities in Russia appear to be going after Binance — the world’s largest cryptocurrency exchange — as its domain is now in the list of prohibited websites in the country. On Sept. 24, Binance officially announced… More