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Zcoin Employs Burn-and-Redeem Privacy Model, Offering Alternative to Coinjoins
20.10.2020
The Lelantus protocol, launched on privacycoin Zcoin’s testnet, lets users redeem partial amounts of a total coin burn, rather than all of it at once
The One-Way ETH ‘Burn’ That Will Kick-Start Ethereum 2.0
26.9.2020
With final preparations for the launch of Ethereum 2.0 soon to be underway, CoinDesk's Christine Kim spoke with Developers Raul Jordan and Eduardo Antuña Díez about what's left to do and what comes next
SoluTech to Burn its Tokens Under Terms of SEC Settlement; Co-Founder Fined
25.9.2020
SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens
Eidoo Burns 28 Million $EDO in Preparation for Governance Token Upgrade on June 18th
11.6.2020
Switzerland, 11th June 2020. Swiss-based crypto platform Eidoo has today burned almost one third (1/3rd) of the total supply of utility token $EDO as they prepare for its June 18th token upgrade, in collaboration with sister company Provable Things. In one of the largest-scale token burns in...
Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi
4.6.2020
Switzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used...
Citizens Burn Banks, Print Their Own Money as Fiat Founders
30.4.2020
Source: a video screnshot, Youtube/FRANCE24 English
As conventional currencies struggle to cope with the coronavirus pandemic, citizens around the world are railing against traditional finance, and looking for new alternatives to cash.
In Europe, an Italian town has taken to minting its...
Chinese City Known for Bitcoin Mining Seeks Blockchain Firms to Burn Excess Hydropower
28.4.2020
A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity
TronWallet Introduces New TWX Swap Burn Mechanism Amid Rising Volumes
8.2.2020
Crypto wallet that is based on the TRON blockchain, TronWallet has introduced the TWX Swap Burn Mechanism, as per which, the wallet will collect swap fees for Bitcoin and TRON, in TWX. ???? TronWallet Introduces New TWX Swap Burn Mechanism, Amid Rising Swap Volume@TronWalletMe is excited...
Tronwallet Conducts Biggest TWX Buyback & Burn
28.12.2019
TronWallet, the renowned P2P cryptocurrency wallet of Tron Foundation, recorded a whopping TWX buyback and burn amounting to 136 million on December 27, 2019. The development has been purposefully conducted to bring stability in the supply of the digital currency. According to the reports,...
Cardano's Charles Hoskinson: USD 4bn Stellar Burn Was ‘Insanity’
22.11.2019
Charles Hoskinson. Source: a video screenshot, Youtube, Real Vision Finance
Cardano (ADA) chief Charles Hoskinson has hit out at the Stellar Development Foundation (SDF)’s recent decision to burn 55 billion XLM tokens – worth some USD 4 billion at the time.
Hoskinson stated that the move...
Will Stellar’s 55 Billion XLM Burn Trigger a New Bull Cycle?
5.11.2019
Stellar Lumens’ 55 billion XLM token burn could have a positive long-term impact on the price
Tether Mints 300M USDT in Chain Swap, Corresponding Burn Still Awaits
12.9.2019
Tether mints 300 million USDT in a swap from Omni to Ethereum but the corresponding burn has not yet taken place
Binance’s Quarterly BNB Burn to Include Binance Futures Tokens
12.9.2019
Binance’s quarterly BNB burn will include Binance Futures and all other future businesses and products
Ripple Should Burn Half of its Reserved Supply of XRP, Suggests Crypto Trader
8.8.2019
A notable Crypto Enthusiast named Crypto Bitlord has recently come up with an interesting proposal suggesting Ripple burn half of its reserved supply of XRP. The decrease in the XRP supply would shoot up the coin’s prices more easily, reasons the proposal. The proposal, thanks to its logical...
Huobi Won't Follow Binance's 'Radical' BNB Burn; Mulls Balanced Shift
16.7.2019
Singapore-based crypto exchange Huobi Global said it will not make a “radical” burn decision, such as the one their competitor Binance made, but will go for a "more balanced shift".
This consideration for a more balanced solution comes after cryptoverse’s recent debates over the exchange buybacks...
Binance: 10K Margin Traders Borrow USD 15M; BNB Jumps on Burn News
12.7.2019
More than 10,000 people signed up on “yesterday alone” for the Binance’s new margin trading account, which makes up more than USD 15 million borrowed for margin trading, CEO of Binance Changpeng Zhao said during a livestream today. The company has also announced a major Binance coin (BNB) burn...
Bitfinex to Use 27% of Tokinex Revenue to Burn LEO Tokens
8.7.2019
Bitfinex announced that its IEO platform Tokinex would use 27% of past and future revenue for LEO utility token burns
Cryptocurrency Exchange Bitfinex Announces a LEO Token Burn Initiative
14.6.2019
Cryptocurrency exchange Bitfinex announces a burn initiative for the utility token LEO alongside new “Transparency Dashboard”
Bitfinex Is Starting to Buy Back and ‘Burn’ Its LEO Exchange Token
14.6.2019
The crypto exchange has announced a transparency initiative that will see it put on full view the repurchase and destruction of its LEO token
Prioritizing
27.5.2019
You're faced with a lot of decisions in everyday work. There are multiple tasks calling for your focus, and you can burn daylight or even burn out trying to decide what comes first. There's a phenomenon called decision fatigue. There have been many studies that you can make poor choices when you're...