by bitcoinist 10/17/2018
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. 1,643,986 Binance Coins (BNB) Destroyed 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
A Chinese arbitration court has ruled that “there is no law or regulation that explicitly prohibits parties from holding bitcoin or private transactions in bitcoin.”
An arbitration body in China has said bitcoin should be legally protected as a property, despite the central bank's ban on crypto trading.
Another co-founder of India’s oldest cryptocurrency exchange Unocoin was reportedly arrested today. The move followed yesterday’s action when the company saw its first Bitcoin ATM being seized by authorities and other co-founder arrested. Saga Continues Live Bitcoin News reported yesterday, October 24, that India’s very first Bitcoin ATM set up by the country’s oldest cryptocurrency...