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For the partnership with Stellar, Keybase users could receive tens of dollars in XLM with each airdrop. Malicious usage started right away but it accelerated, Krohn said, and by the November airdrop it was already a serious problem. Eventually, the airdrop on Keybase attracted so many spammers that it was
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Stellar (XLM) explodes amid news that the company burned more than half of its coins in circulation. Tuesday’s gains were quickly wiped out as the smart money took the chance to dump their positions. Nevertheless, the cryptocurrency looks attractive in the long-term time frame. In technical analysis, there’s an adage that goes, “buy
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The Stellar Development Foundation’s (SDF) unanimous decision to burn XLM’s supply by half could spell troubles for the project, believes noted bitcoin maximalist WhalePanda.The anonymous trader on Tuesday said the cryptocurrency exchanges could start treating XLM as security, explaining that SDF showed excessive control over the blockchain asset when they
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The Stellar Development Foundation (SDF) announced a new mandate today for its network’s development, stating that it has burned over 55 billion Stellar Lumens (XLM) tokens. According to a Medium post on Nov. 4, the development foundation drastically reduced the number of tokens in existence as part of an effort
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Stellar Lumens leads the crypto-market breakout on Friday thanks to a confluence of fundamental factors. | Image: shutterstock.com XLM skyrockets in the wake of the President Xi-inspired pump. Lumens gains prominent listing on Coincheck. Stellar Foundation scraps inflation. Ripple rival Stellar (XLM) is head and shoulders above the rest of the cryptocurrency market Friday,
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Decred (DCR) and Stellar (XLM) were moving higher on Friday as traders shifted focus from sideways-biased bitcoin.The thirty fifth-largest blockchain project by market valuation, Decred, today surged by as much as 17.83 percent against bitcoin to trade at 1,755 sats a token. At the same time, the altcoin’s performance against
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Cryptocurrency exchange Coinbase has announced that New York residents now have access to two cryptocurrencies launched for other jurisdictions months ago. In two tweets late on Wednesday, the exchange said customers based in New York state can now hold,
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‘Whales’ are known to make big moves in the world of cryptocurrency and it’s very common for them to make transactions crossing millions of dollars worth in crypto. But a recent transaction of a huge sum of Stellar (XLM) has some people worried about the digital coin’s future.Whale Alert, a
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The Stellar Development Foundation, a non-profit founded to support the development of the open-source Stellar network, is launching a $120 million airdrop in collaboration with encrypted messenger Keybase.According to a Sept. 9 blog post, Keybase will be giving 100 million Stellar (XLM) each month over the next 20 months
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When crypto giant Ripple sent 100 million XRP to Jed McCaleb, the transaction did more than just make its long-departed co-founder $26 million richer. | Source: ShutterstockWhen crypto giant Ripple sent 100 million XRP to Jed McCaleb over the weekend, the transaction did more than just make the project's
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