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Denelle Dixon: El Salvador Is Doing Well with BTC

El Salvador has been making huge headlines as of late. The country is among the first to declare bitcoin – the world’s number one digital currency by market cap – legal tender, meaning it can now be used to purchase items and services in the same way one might use fiat, credit cards, or even checks. El Salvador Might Be Doing Something Right However, the country has experienced some serious rollout issues, between people protesting that they don’t want life to change to...

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Stellar Foundation Burns 55 Billion XLM Tokens, Half of the Total Supply

During the Stellar Meridian conference on Monday, November 4, the Stellar Development Foundation CEO Denelle Dixon disclosed that they have burned 55 billion Lumens (XLM) tokens which is half of the overall cryptocurrency supply.Earlier there were a total of 105 billion tokens of which 20 billion were in circulation. With the recent burning, the total supply has reduced to only 50 billion XLM tokens. In its latest Medium blog post, the Stellar Foundation noted that token burning was part of...

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Stellar Foundation and Keybase Jointly Launch a $126M Airdrop in XLM

While Ripple has been selling off its XRP asset holdings worth hundreds of millions of dollars, the cofounder is blazing another trail at his present operation. Jed McCaleb’s Stellar Foundation plans to give away almost $126 million in XLM which notably contrasts Ripple’s selling. Keybase users can now chat with their friends and get paid to do it. The Stellar Development Foundation announced on September 9 a 2 billion XLM airdrop.The airdrop is the biggest in Stellar’s 5-year history. In the...

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