Huobi Completes $138 M Token Burned and Ranked First Among Exchanges in Q1 Tr...

Huobi Completes $138 M Token Burned and Ranked First Among Exchanges in Q1 Tr...

Leading crypto exchange Huobi has revealed data from their latest Huobi Token burned. The platform confirmed that 5.826 million HT or around $138.579 million were bought back from the market and used to continue the exchange’s token burning scheme. This Ethereum based token has a limited supply of 500 million and it’s leverage for users […]


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Sensorium Executes Largest Token Burning Ever; $10B Worth of SENSO Burned As ...

Sensorium Corporation is reducing the existing supply of SENSO — the in-platform token of its digital metaverse Sensorium Galaxy. Today, the company burned 4.2 billion SENSO or 70% of its minted token supply. While token burnings are a common practice in the industry, this one in particular stands out for its dollar value of over […]

Huobi launches regulated crypto exchange in Malaysia

The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period. Huobi Global, Huobi Group's flagship crypto exchange headquartered in Singapore, may have had a rocky fall in 2020 — at least, as circulating FUD and the rumors go. Today, Nov. 27,  the brand has better news to announce, with the launch of another, independent platform licensed to use the Huobi name. Targeted at the Malaysian market, the new Huobi Labuan is launching trading services shortly after having secured a digital asset....

Polkadot Flips XRP to Become the Fourth-Ranked Crypto After Price Spikes 100%...

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Chainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Fi...

After reaching an all-time high of $19.20 on August 14, the Chainlink token now trades lower after losing more than 50% in value in just over a month. The token, which briefly overtook Bitcoin Cash as the fifth-ranked crypto in market capitalisation terms, was ranked 9th on Markets.Bitcoin.com at the time of writing. On the surface, the token’s fall appears to be in sync with the rest of the crypto market, which has been dropping since Monday, September 6. Yet opponents of Chainlink insist there is more to Link’s fall than just the current bearish market trends. They point to....

A Group of Crypto Proponents Burned an Original Banksy ‘Morons’ Print and Tur...

Original artwork crafted by the pseudonymous England-based street artist and political activist Banksy has been burned in order to turn the art into a non-fungible token (NFT). The screenprint was one of only 500 made and was authenticated by Banksy’s verification company Pest Control. The burning was a symbolic message of turning a rare piece of physical artwork into a non-fungible digital collector’s item. Burning a Banksy ‘Morons’ Print In February a Twitter account appeared on social media with the name @burntbanksy, which consists of a group of art and....