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XLM’s Price Spiked 20 Percent Following SDF’s Announcement

June G. Bauer

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Stellar Lumen foundation (XLM) has burnt $4.4 billion worth of XLM, the foundation announced in a blog post that it has burned over 55 billion Stellar Lumens (XLM) tokens. 

In the blog post by the Stellar Development Foundation (SDF) , the foundation stated that there are now only 50 billion XLM tokens in existence, compared to 105 billion a day before.

image source: stellar.org

Following SDF’s announcement, Stellar (XLM)’s price spiked 20 percent in less than 30 minutes.

The Stellar Development Foundation (SDF) is a non-profit organization founded in 2014 to support the development and growth of the open-source Stellar network. SDF and Stellar seek to unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered. The Foundation maintains Stellar’s codebase, supports the technical and business communities around Stellar, and is a speaking partner to regulators and institutions.

XLM/USD Price Chart for the last three months

*Chart’s data provided by cryptocompare.com

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at [email protected] or contact her on Twitter @JuneTBauer1

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Video: SWELL 2019 Moneygram and Ripple full panel

Sying Tien

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MoneyGram CEO Alex Holmes in conversation with Ripple CEO Brad Garlinghouse as they discuss an exiting development in the financial blockchain technology space.

Swell conference, was a two days event organized by Ripple in Singapore on November 6-7.

During the event, Ripple said it has surpassed 300 customers, which consists of a “global network of banks, financial institutions and payment providers that sends money globally, instantly and reliably for fractions of a penny.” Indeed, a blog post elaborated that Ripple has customers “in more than 45 countries and 6 continents using RippleNet, with payout capabilities in 70+ countries.”

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PIRL Releases PirlChat, a New Blockchain-Based Messaging App

June G. Bauer

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PirlChat

PIRL blockchain has just released PirlChat, a new decentralized and encrypted messaging App. PirlChat is currently available only to Android smartphone users. The new app can be downloaded from Google Play.

A screenshot of PirlChat App

PIRL developers say, no email or phone number would be required to use PirlChat. No intrusion in contact list, end to end encrypted. No central server. So PirlChat is completely decentralized and anonymous –I would assume-.

What is PIRL?

PIRL is an Ethereum based blockchain that introduced the first Ethash Based Masternode to the blockchain ecosystem. PIRL coin used to be mine-able through EthMiners but PIRL has switched from POW (Proof Of Work) to POS (Proof Of Stake) and became a 3-layered Masternode network blockchain.

introduction to pirl

Masternodes on PIRL network secure the network, enhance stability and service unique functionalities. PIRL Masternodes provide various services to complete the network infrastructure by providing 3 services – Security, Immutable Content and Decentralized Storage.

Pirl masternodes

PIRL USD price chart for the last Three Months:

*Charts are provided by cryptocompare.com

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ARK Coin Has been Listed on Bilaxy Exchange And Added to Abra App

June G. Bauer

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ARK-Bilaxy-Abra

ARK coin has been added to Abra, the all-in-one cryptocurrency wallet and exchange mobile App, and is available to both Android and iOS smartphone users. Abra currently supports 200 cryptocurrencies for its international customers, 96 cryptocurrencies for its US based users and over 50 fiat currencies.

ARK’s announcement

Abra was founded back in 2014 by Bill Barhydt and Pete Kelly, and had raised $35.5M in funding.


Bilaxy Exchange Listing

Bilaxy, the international blockchain asset exchange has announced the listing of ARK coin. ARK is available in BTC trading pair.

A screenshot taken from Bilaxy Exchange

Bilaxy exchange was launched on Apr 2018. The exchange is available in English and Chinese. At the time of writing the, the daily trading volume is $790,459,376.

What is ARK Coin?

ARK coin is a native cryptocurrency of the ARK blockchain platform. ARK coin was created to enable different developers to be able to use the coin to pay for the hosting of their created Dapps on the ARK blockchain platform.

ARK aims to become a global backbone of decentralized application-centric blockchains, which are called bridgechains, which will allow them to either work with each other or stay isolated in their own environment. For more information about ARK project, please check ARK’s official whitepaper.

ARK USD price chart for the last 7 days:

*Charts are provided by cryptocompare.com

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