Binance ‘burns’ nearly $400 million worth of BNBThe global crypto market cap is $1.25 trillion with a 24-hour volume of $56.21 billion. The price of Bitcoin is $30,726.55 and the BTC dominance is at 46.3%.
by Liam Frost Major cryptocurrency exchange Binance has announced that it successfully completed the 16th quarterly token burn yesterday, removing $393.6 million worth of Binance Coin (BNB) from circulation. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬US Feds want to tame ‘wildcat’ stablecoins like Tether and USDCA research paper titled “Taming Wildcat Stablecoins,” published in the Social Science Research Network (SSRN) by a professor of finance at Yale, Gary Gorton, and the US Federal Reserve attorney Jeffery Zhang, urges supervision of stablecoins. Over 1,000 Bitcoin miners crushed by police in warning to electricity thievesAuthorities in Miri, Malaysia, seized and destroyed 1,069 Bitcoin mining rigs by steamroller after cracking a mining operation that was using stolen electricity. Daddy Doge token’s price pumped by Elon Musk’s casual shoutVideos that feature Tesla’s owner Elon Musk shouting “Daddy Doge” before getting into a car ended up pumping the new meme token’s value 798.5%. This month has witnessed plenty of dog meme token action thanks to the notorious crypto influencer’s voice. After UK and Cayman Islands, Binance now faces regulatory concerns in ItalyRegulatory pressure surrounding Binance keeps increasing as Italy joins the club of jurisdictions that issued notices referring to the biggest crypto exchange by trading volume. Cardano (ADA) testnet gets ‘hard forked’ to AlonzoWhite nodeInput Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano platform, announced the successful upgrade of its Alonzo testnet as it forked to the new Alonzo White node. The dilemma of interoperability & trustlessness: Genuine or apparent?There are times when we have two choices (or maybe more) that are mutually exclusive. Choosing one implies forgoing the other, as we can have them both at the same time. Ripple (XRP) scores as judge orders former SEC Director to testifyIn the ongoing SEC verse Ripple case, Judge Netburn has ruled that former SEC Director William Hinman will testify under oath. Hacking group Anonymous launches Anon Inu crypto token “to fight Musk and China”The decentralized hacker collective known as Anonymous is set to launch a crypto token called Anon Inu on the Binance Smart Chain (BSC). 85,000 crypto traders ‘liquidated’ after Bitcoin fell to nearly $30,000Tens of thousands of crypto traders were liquidated last night as Bitcoin briefly dropped to under $30,500, data from multiple sources shows. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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