Tron (TRX) Foundation Confirms 1 Billion TRX Coin Burn and Updates On Token Migration - Ethereum World News Tron (TRX) Foundation Confirms 1 Billion TRX Coin Burn and Updates On Token Migration - Ethereum World News
The Tron (TRX) foundation, via its medium.com page, has confirmed that the 1 Billion TRX coinburn was executed immediately after the MainNet was launched on the 25th of June. Based on the address of Tron's MainNet blockchain browser, the total distribution of TRX now stands at 99 Billion. This is exactly 1 Billion less than it was a few days ago. Justin Sun had expressed his distress in witnessing the coinburn that was worth approximately $50 Million but he declared there was not turning back as it was for the betterment of the TRON community. The token burn was aimed at boosting investor confidence in the form of reducing the supply of the token to guarantee price stability by avoiding inflation. To further guarantee that the Tron Foundation would not dump the remaining 33 Billion TRX it owns into the market, Justin Sun and the Tron Foundation have gone ahead and locked them up till 2020. A similar move was witnessed when Ripple locked away 55 Billion XRP in Escrow late last year. What then proceeded was a gradual increment of XRP as the act boosted investor confidence by creating a sense of supply predictability. This publication was obtained by us on December 23, 2018 3:56 PM. Share this content on social media: You may want to visit ethereumworldnews.com to find more similar content. Reply to Topic

Tron (TRX) price slowly rising as mainnet migrations, coin burns and super representatives galore | CaptainAltcoin Tron (TRX) price slowly rising as mainnet migrations, coin burns and super representatives galore | CaptainAltcoin
Last couple of days have been relatively positive for  TRON. The price of the coin has been on a steady rise since Friday, as it went from $0,0314 to its current levels  of $0,036702 USD. It has stagnated somewhat in the last 24 hours as the price recorded only a 0,66% rise in that time-frame. This is somewhat surprising as we saw the entire market slightly recover yesterday, thanks to some very bullish action from Bitcoin and some good FOMO around crypto in general kicking in. Still, TRX had enough juice to overtake NEO on the 11th spot of the CoinMarektCap's list of the most valuable cryptocurrencies by amassing a total market cap of $2,395,243,156. This entry was obtained by us on December 23, 2018 8:39 AM. Share this content on social media: Check out captainaltcoin.com for more from this source. Reply to Topic

Justin Sun Announces Tron Rewards and TRX Burn Mechanism Changes Justin Sun Announces Tron Rewards and TRX Burn Mechanism Changes
On a recent tweet, Justin Sun, the founder of the Tron Foundation, announced that the reward mechanisms of the Tron Network would be changing to get more in sync with the community and to ensure that it is decentralized, democratic and autonomous. $TRX burn and the Reward Mechanism will be changing based on #TRON network development and in sync with our community to ensure a #decentralized, #autonomous and #democratic TRON ecosystem. #TRX https://t.co/y6fkBSLilc Justin Sun (@justinsuntron) August 27, 2018 According to the post made by the Tron Foundation, since the Tron Foundation has activated the main net of the network on June 25, the 27 Genesis Representatives were replaced by the following 27 Super Representatives and the network entered its Constitutional phase effectively and officially. Because of this, heated discussions about how the system works have already started. This share was retrieved by us on December 22, 2018 8:47 AM. Share this content on social media: See bitcoinexchangeguide.com for complete listings from this source. Reply to Topic

Tron [TRX] coin burn worth $800 million announced by Justin Sun - AMBCrypto Tron [TRX] coin burn worth $800 million announced by Justin Sun - AMBCrypto
Nouriel Roubini takes hit on Bitcoin [BTC] and others; focuses on 4,800 pump and dump schemes Bitcoin [BTC] Futures Contracts get a green signal from the regulatory authorities Bitfinex announces margin trading for Tether [USDT] with USD pair SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee XRP/USD Technical Analysis: Red clouds hover over investor sentiment SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee Bitcoin [BTC] proponent Mike Novogratz: I don't think we're going to decentralize the whole world This information was discovered by us on December 21, 2018 5:55 PM. Share this content on social media: Check out ambcrypto.com for complete listings from this source. Reply to Topic

Ban on private use of Bitcoin and other cryptocurrencies considered in India by financial regulatory body Ban on private use of Bitcoin and other cryptocurrencies considered in India by financial regulatory body
Ripples partner Earthport to be acquired by credit card giant Visa Inc Bitcoin Cash [BCH/USD] Technical Analysis: The cryptocurrency is yearning for a bull run Bitcoin Cash [BCH] has the best chance of becoming p2p cash for the world, says Roger Ver Ripple ventures into real world via National Bank of Kuwait; Direct Remit for Jordan activated XRP adopted by another exchange; Bitrue to announce 5 pairs Bitcoin [BTC] Lightning Network makes progress, hits above 2k active channels SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee Bitcoin [BTC] proponent Mike Novogratz: I don't think we're going to decentralize the whole world This item was first found by us on November 02, 2018 9:37 AM. Share this content on social media: Have a look at ambcrypto.com to find more similar content. Reply to Topic

Bitcoin Cash [BCH] might fall apart in November 2018, says Bitcoin proponent Bitcoin Cash [BCH] might fall apart in November 2018, says Bitcoin proponent
Ripples partner Earthport to be acquired by credit card giant Visa Inc Bitcoin Cash [BCH/USD] Technical Analysis: The cryptocurrency is yearning for a bull run Bitcoin Cash [BCH] has the best chance of becoming p2p cash for the world, says Roger Ver Ripple ventures into real world via National Bank of Kuwait; Direct Remit for Jordan activated XRP adopted by another exchange; Bitrue to announce 5 pairs Bitcoin [BTC] Lightning Network makes progress, hits above 2k active channels SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee Bitcoin [BTC] proponent Mike Novogratz: I don't think we're going to decentralize the whole world This publication was first seen by us on October 31, 2018 9:07 PM. Share this content on social media: Check out ambcrypto.com to find more similar content. Reply to Topic

Binance Announces $17,000,000 BNB Coin Burn in Q5 Recap Binance Announces $17,000,000 BNB Coin Burn in Q5 Recap
Binance announced in a Q5 recap that the amount of BNB coins to be burned was lowered because of cryptocurrency market stability during the last quarter. Binance saw less profits and reduced trading volumes, factors that determine the BNB burn number. After a full year of operations that followed its initial coin offering (ICO), Binance, the largest cryptocurrency exchange by market volume, announced that it will burn 1,643,985.16 BNB coins in Q5, an amount that equates to $17,000,000. Binance uses 20 percent of its profits to repurchase and burn BNB coins in a scheduled event that occurs on a quarterly basis. According to the press release, the fewer amount of BNB coins to burn during Q5 was a result of the reduced trading volumes on Binance due to the surrounding stability on the cryptocurrency market during that period. This led to a less volatile market and therefore fewer profits for cryptocurrency exchanges like Binance. Similarly, the BNB coin maintained its price, which also affected the number of tokens for burning. This item was first found by us on October 18, 2018 4:24 PM. Share this content on social media: Visit blokt.com for complete listings from this source. Reply to Topic

Binance Burns More Than 1.6 Million BNB Coins But Price Drops Binance Burns More Than 1.6 Million BNB Coins But Price Drops
Reading: Binance Burns More Than 1.6 Million BNB Coins But Price Drops Georgi Georgiev | Oct 17, 2018 | 19:00 Georgi Georgiev | Oct 17, 2018 | 19:00 The world's largest cryptocurrency exchange by volume Binance had completed its 5th scheduled token burn. The price has reacted negatively so far, however, despite the reduction in BNB supply. In an official release dated October 17, Binance announced that it has successfully completed its 5th quarter token burn, as per its whitepaper. Exactly 1,643,986 BNB were destroyed, which is the rough equivalent of $17 million. The move caught the attention of Twitter user BambouClub a cryptocurrency trader and analyst, who outlined that BNB trading volumes have been flat or falling. This information was found by us on October 18, 2018 10:13 AM. Share this content on social media: Have a look at bitcoinist.com for more similar content. Reply to Topic

Tron's Justin Sun announces 5th batch of TRX ERC20 Coin Burn; community hit with the blues - AMBCrypto Tron's Justin Sun announces 5th batch of TRX ERC20 Coin Burn; community hit with the blues - AMBCrypto
Nouriel Roubini takes hit on Bitcoin [BTC] and others; focuses on 4,800 pump and dump schemes Bitcoin [BTC] Futures Contracts get a green signal from the regulatory authorities Bitfinex announces margin trading for Tether [USDT] with USD pair SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee XRP/USD Technical Analysis: Red clouds hover over investor sentiment SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee Bitcoin [BTC] proponent Mike Novogratz: I don't think we're going to decentralize the whole world This entry was first found by us on September 14, 2018 12:30 PM. Share this content on social media: Visit ambcrypto.com to find more similar content. Reply to Topic

Binance CEO Confirms BNB Coin Burn In The Exchange's Fourth Quarterly Update - Ethereum World News Binance CEO Confirms BNB Coin Burn In The Exchange's Fourth Quarterly Update - Ethereum World News
Changpang Zhao, the well-known CEO and founder of Binance, has just released Binance's Q4 Recap article, which covers a variety of insider insights on the progress of the platform over the past 3 months. On Sunday, Binance's CEO announced that the Binance team was preparing for the coin burn that occurs for every one of Binance's fiscal quarters. https://twitter.com/cz_binance/status/1018722910796697600 According to the exchange's whitepaper, every quarter, Binance will use 20% of its profits to buy back Binance Coin at market value and burn them, removing said tokens from the overall circulating supply. This process will continue until 50% of all BNB are burned, or approximately 100 million tokens. This article was found by us on July 18, 2018 4:24 AM. Share this content on social media: Check out ethereumworldnews.com for more from this source. Reply to Topic

Binance and KuCoin Commence Quarterly Burns of BNB and KCS Tokens - Bitcoinist.com Binance and KuCoin Commence Quarterly Burns of BNB and KCS Tokens - Bitcoinist.com
Reading: Binance and KuCoin Commence Quarterly Burns of BNB and KCS Tokens Adam James · @Shasdam | Jul 16, 2018 | 09:00 Adam James · @Shasdam | Jul 16, 2018 | 09:00 International, multi-language cryptocurrency exchange behemoth Binance has officially announced the fourth quarterly coin burn of its in-house Binance Coin token (BNB).  The announcement comes via Binance's founder and CEO, Changpeng Zhao, on Twitter where the business executive wrote: @binance is doing a final tally on the numbers, and will announce our 4th quarterly burn in the next day or so, and finish the burn within a couple days after that. Thank you for your patience and support! This posting was retrieved by us on July 16, 2018 12:00 PM. Share this content on social media: Have a look at bitcoinist.com for complete listings from this source. Reply to Topic

Binance Coin [BNB]: All you need to know about the upcoming coin burn - AMBCrypto Binance Coin [BNB]: All you need to know about the upcoming coin burn - AMBCrypto
Nouriel Roubini takes hit on Bitcoin [BTC] and others; focuses on 4,800 pump and dump schemes Bitcoin [BTC] Futures Contracts get a green signal from the regulatory authorities Bitfinex announces margin trading for Tether [USDT] with USD pair SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee XRP/USD Technical Analysis: Red clouds hover over investor sentiment SEC has lost its first legal battle in its unlawful quest against cryptocurrencies, says John McAfee Bitcoin [BTC] proponent Mike Novogratz: I don't think we're going to decentralize the whole world This publication was first seen by us on July 05, 2018 2:30 AM. Share this content on social media: Check out ambcrypto.com for complete listings from this source. Reply to Topic

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