Binance Burns 4B Terra Luna Classic (LUNC) Tokens
Binance exchange burns the sixteenth shipment of Terra Luna Classic (LUNC) tokens, totaling nearly 4 billion, bringing the total number of LUNC destroyed by the exchange to over 43 billion, representing 52% of the total tokens burned by the Terra Luna Classic community. The transaction from December 1 indicates that cryptocurrency exchange Binance transferred 3.90 […]
KuCoin Ventures Supports TON Foundation with $20K Grant
In support of the expansion and development of the TON ecosystem, KuCoin Ventures will provide grants to The Open Network (TON) blockchain platform, including an initial $20,000 contribution. The funding will assist with community-building, marketing endeavors, incubation programs, and TON ecosystem projects, including five payments or game finance (GameFi) platforms, research and development, and community-building—a […]
Hut8 Mining to Operate as US Company Following USBTC Merger
Hut 8 Mining Corp. and U.S. Bitcoin Corp (USBTC) have merged their operations through an all-stock merger of equals, resulting in the formation of Hut 8 Corp (New Hut), a United States-based Company. Canadian Bitcoin mining facility Hut 8 Mining Corp announced an all-stock merger with USBTC on November 30. New Hut CEO Jaime Leverton […]
KyberSwap Hacker Demands Complete Executive Control of Platform
The hacker responsible for the $46 million KyberSwap breach has demanded “Complete Executive Control” of the Kyber organization, including all company assets, both on and off-chain, shares, equity, and tokens in exchange for the return of the stolen funds The KyberSwap intruder dispatched an on-chain message to all pertinent and interested parties on November 30. […]
Hong Kong Securities Association Proposes ICO to Stimulate Economy
The Hong Kong Securities and Futures Professional Association recommends the country could conduct an initial coin offering (ICO) to stimulate the local economy. Printed on November 29 and bearing the signature of association president Chen Zhihua, the document contained a variety of measures ranging from routine to audacious. The recommendations encompass the official acknowledgment of […]