Altcoin News Cryptocurrency News Tether 

Oops! Tether ‘Accidentally’ Created $5 Billion in Crypto Out of Thin Air

Due to human error and fat fingers, Tether accidentally printed $5 billion of its fiat-pegged cryptocurrency out of thin air. Oops. The mistake occurred when the Tether team was in the process of moving tokens from the Omni Layer to the Tron blockchain. What was meant to be a $50 million transfer became $5 billion after someone misplaced a decimal point. Tether Accidentally Printed 5 Billion Tokens – Here’s What Happened Next Crypto exchange Poloniex clarified that the problem occurred after it requested Tether’s assistance to conduct a token swap….

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Altcoin News Binance BNB Changpeng Zhao Cryptocurrency News 

Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

Binance yesterday completed its eighth quarterly “burn” of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng “CZ” Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth of the ecosystem. He said: “Today, on behalf of the Binance team, I am announcing that we will give up all of our BNB allocations and contribute towards our commitment to burning a total of…

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Altcoin News altcoins Cryptocurrency News Doge dogecoin 

Dogecoin Popularity Earns Binance Listing as Price Skyrockets 37%

Everyone’s favourite internet pup Doge and it’s cryptocurrency counterpart Dogecoin (DOGE) is finally going to be listed on Binance. After making meme lovers and crypto enthusiasts wait for years, Binance finally made the announcement earlier today, confirming the addition of DOGE trading pairs. #Binance Will Dogecoin ( $DOGE)https://t.co/buj7QF3dGC pic.twitter.com/LNIoLua3l7 — Binance (@binance) July 5, 2019 Binance is set to list five trading pairs for DOGE. These include Binance Coin (DOGE/BNB), Bitcoin (BTC), Tether (USDT), Paxos Standard (DOGE/PAX) and USD Coin (DOGE/USDC). The exchange will open up deposits and withdrawals to…

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Altcoin News Binance Cryptocurrency News Exchanges facebook Libra 

Binance CSO Confirms ‘Preliminary’ Talks to List Facebook’s Crypto ‘Libra’| CCN Markets

Speaking with Finance Magnates, Binance strategy officer Gin Chao said the world’s largest cryptocurrency exchange “would probably want to list” Facebook’s Libra coin on its marketplace. Chao said that Binance has been in talks with Facebook about the potential listing. Though he said discussion is, “very much at a preliminary stage.” The revelation is some interesting news out of the FinTech Junction Conference in Tel Aviv, where journalists had a chance to sit down with fintech leaders and discuss the future of the industry. Trading Stablecoins Like Libra Is Absurd…

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* Altcoin News Cryptocurrency News MoneyGram ripple 

Ripple Announces Game-Changing Partnership With MoneyGram

Published: 17/06/2019 18:35 EST. Journalist: By CCN Markets: Ripple announced a partnership with money transfer giant MoneyGram today. Ripple CEO Brad Garlinghouse tweeted the development. | Source: Twitter Two Year Exclusive Agreement, Ripple and MoneyGram According to Ripple Labs, a two-year partnership has been struck with MoneyGram which makes Ripple its exclusive digital assets partner. The purview of Ripple’s use case here might be more limited than expected. It depends on how many of the transactions are sent and received using Ripple’s technology and how much they’re worth. Whatever the…

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Altcoin News Blockchain News Crypto Ethereum google Helium multicoin capital 

‘Most Ambitious’ Blockchain Startup Since Ethereum Raises $15 Million

By CCN Markets: A blockchain project called Helium has raised $15 million in a round led by enthusiastic technology investors like Multicoin Capital and Google (via venture fund GV). Multicoin wrote a passionate blog post, praising the project as one of the most ambitious crypto ventures since Ethereum itself. Helium reportedly will bring reduced costs to deploying wireless networks, as Multicoin partner Tushar Jain explains:  “The Helium vision is the most ambitious we have seen in the blockchain space since the advent of smart contracts on Ethereum: Helium represents a…

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how our site was affected by Google’s Core Update. As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2 to less than 0.6. You might say we ought not to face any…

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Altcoin News Altcoin Price Analysis Bitcoin SV bsv Crypto 

Bitcoin SV (BSV) Price Spikes Another 19% But Nobody Knows Why

By CCN: Price of Bitcoin SV (BSV) is climbing higher despite carrying the most unfavourable fundamentals on its shoulders. The BSV-to-dollar exchange rate today rose 19-percent and established a fresh intraday high at $194.90 on Huobi. That took the pair’s net 23-day rise to more than 260-percent, adjusting its year-to-date gains to more than 160-percent on the whole. The past 24 hours alone witnessed BSV posting 11.57-percent gains against the US dollar. At the same time, the digital asset appreciated by more than 13-percent against bitcoin, its main rival, as…

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Altcoin News Altcoin Price Analysis Crypto tron 

Tron (TRX) Price Goes 28% Up This Weekend in a Bulls***t Wacko Rally

By CCN: Want to pump an asset’s market capitalization by more than 650 million in just two days? Then learn from Justin Sun. The chief executive of Tron Foundation said last week that he would publish a big announcement after June 1. Nobody exactly knew what the revelation would be: a Godzilla or a Bambi, but the price of Tron’s blockchain token of the same encashed the hype pretty well. The TRX rate today surged to $0.041 on Binance, its highest in 10 months. The move took Tron’s weekly gains…

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Altcoin News Blockchain News Crypto Ethereum Formula 1 

Crypto Boss Blows $100,000 in Ethereum on Official ‘Virtual’ F1 Race Car

By CCN: As part of the new F1 Delta Time game, which is an officially recognized blockchain collectible game from Formula 1 racing, some recently bought a car for $100,000. The virtual vehicle is powered to the max and will, therefore, provide a significant advantage in the game. Single Car Token: Over $100,000 Bidding takes place in Wrapped Ether. The most recent sale ended for 415.9 Ether – nearly $110,000 at current prices. The car sold is a one-of-a-kind. The auction lays to rest any notions that there aren’t people…

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