Binance Removes from Circulation BNB Worth $68M in Latest Coin Burn – Ethereum World News

Quick take:

CZ and the team at Binance, have carried out the 13th quarterly BNB coin burn
2,253,888 BNB worth $68 Million has forever been removed from circulation
According to the project’s whitepaper, the token burns will continue until only 100 million out of the initial 200 million BNB are left

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Over $250M in Binance Coin (BNB) Locked to Farm BEL Tokens – Ethereum World News

Quick take:

Over $250 million in Binance Coin has been staked to farm Bella Protocol (BEL) tokens
Binance launched its newest launchpool feature to offer a secure way of yield farming
The aim of launchpool is to allow investors to stake BNB, BUSD and other tokens to farm other tokens belonging to n

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Crypto exchange volume data is becoming more reliable — but it’s still far from perfect

The Blockchain Transparency Institute, or BTI, has published its market data integrity report for 2020. This report found a threefold improvement in the quality of data on veteran crypto rankings site, CoinMarketCap.

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CoinMarketCap Leadership Exodus, Loses Top Employees Following Binance Acquisition | Crypto Briefing

Key Takeaways

CoinMarketCap’s Interim CEO along with four other key team members have left the company
Binance will reportedly appoint its own employees to CoinMarketCap’s leadership positions
This could result in a conflict of interest, especially given CoinMarketCap’s earlier b

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FTX buying Blockfolio continues consolidation trend in crypto industry

The past few months have seen a number of major crypto companies facilitate some serious big-money acquisitions. For example, on Aug. 25, blockchain software firm ConsenSys bought out JP Morgan’s enterprise-variant of the Ethereum blockchain Quorum.

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Three veteran CoinMarketCap executives leave the company

CoinMarketCap’s chief strategy officer and acting CEO Carylyne Chan is leaving the well-known crypto market data site — together with two of her colleagues, Jeremy Seow and Spencer Yang. 
Chan, who has worked at CMC since January 2018, publicly announced her departure on Aug. 31.

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Polkadot (DOT) Surges Into Crypto Top Ten, What’s Behind the Hype?

There is a new kid on the crypto block as Polkadot (DOT) surges into the top ten in market capitalization on some analytics providers, but strangely not on others.

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