πŸš€ What will Stellar's Massive XLM burn mean? 🌠

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    πŸš€ What will Stellar's Massive XLM burn mean? 🌠



    The "Bitcoin time traveler" Reddit post got edited somehow, despite OP's account gone.
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    πŸ›‘ Canadian crypto exchange Einstein shuts down

    Canadian cryptocurrency exchange Einstein has closed its doors with more than 16 million Canadian dollars (~US$12.4 million) owing to customers.

    The British Columbia Securities Commission (BCSC) believes that "Einstein improperly used their customers' assets".

    The BCSC is investigating the case and said that it "has not authorized any crypto-asset trading platforms to operate as an exchange."

    πŸ”₯ The Stellar Foundation has burned over 50% of XLM Total Supply

    The Stellar Development Foundation (SDF) has burned a total of 55 billion Lumens (XLM), in a push to reshuffle its development strategy.

    The SDF said that there are now a total of 50 billion XLMs in existence, in comparison to the 105 billion prior to the burn.

    The price of XLM has gone up +20% as at the time of the writing.

    πŸ₯‡ Huobi Global to Freeze US Customer Accounts

    Cryptocurrency exchange Huobi Global has announced that it will freeze all United States customers' accounts on Nov. 13.

    Huobi stated that its user agreement expressly prohibits customers in the U.S. from using its trading platform.

    In the announcement, Huobi states that the American regulatory environment for cryptocurrencies has forced it to prohibit U.S.-based users from the platform.

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