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Tag Archives: burn

Binance CEO Confirms Fourth Quarterly Binance Coin Burn

The CEO of the world’s foremost cryptocurrency exchange, Binance, has just confirmed that it will be going forward with an upcoming BNB token burn. Binance’s Fourth Token Burn Binance has become well-known for offering so-called ‘token/coin burns’, buying back and destroying its native cryptocurrency (BNB) every fiscal quarter. The burn has become so popular that users eagerly await the announcement, ...

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SyncFab Platform 2.0 Integrates MFG after Scheduled Token Burn

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ...

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‘I Hope They Burn in Hell’

Co-founder of Ethereum (ETH) Vitalik Buterin criticized centralized exchanges, saying that he hopes they will “burn in hell,” in an interview with a TechCrunch journalist Jon Evans, July 6. Buterin has reiterated his positive stance on decentralization, claiming that by developing “better” decentralized platforms, the  crypto community should be able to take away the “stupid King making power” from centralized ...

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Tron to Burn TRX Worth $50 Million to Mark ‘Independence Day’

The much-hyped Tron Independence Day is less than 72 hours away. As part of the commemorative events that are set to take place, Tron Foundation has revealed that TRX tokens worth approximately US$ 50 million will be burnt. This is one billion TRX coins which according to Tron Foundation will perhaps constitute the largest amount of money ever destroyed for ...

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Education Ecosystem to Burn 30 Million Education Tokens (LEDU) on July 31st, 2018 – The Merkle

The Education Ecosystem is powered by Education tokens (LEDU). These tokens are used for all transactions on the LiveEdu platform – the first for the Education Ecosystem. Tokens minted following their crowdsale were allocated for different purposes, as explained in this article. However, due to a change in the original plan for sourcing of tokens to use on the LiveEdu ...

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Antpool will Allegedly Burn 12% of the Bitcoin Cash Fees It Receives

Antpool, a Bitcoin Cash mining pool, who composes 8.2% of all Bitcoin Cash transaction confirmations, announced via Twitter and Facebook that they will “burn” 12% of the Bitcoin Cash fees it receives. Burning a coin or token essentially means sending the coin/token “to a black hole address” where it will never be accessible again since no one controls the private ...

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VOISE Announces Masternodes as Well as 50 M Token Burn for Increased Revenue to Token Holders

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Voise, an innovative music decentralized platform, just announced new features being added to the blockchain-based music sharing project. These include ...

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Bitcoin fever to burn out in ‘spectacular crash,’ David Stockman warned

First it was the stock market. Now, it’s bitcoin. David Stockman, President Ronald Reagan’s former director of the Office of Management and a relentless Wall Street bear, is warning investors that the cryptocurrency boom will end disastrously. “It’s basically a class of really stupid speculators who have convinced themselves that trees grow to the sky,” he told CNBC’s “Futures Now” ...

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