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24th Quarterly BNB Burn Successfully Completed by Binance
20.7.2023
The embattled crypto exchange giant Binance completed its quarterly burn of 1.99 million BNB coins worth around $477 million on Wednesday successfully.
The exchange has been conducting such quarterly burns of BNB to reduce the token’s supply since October 2017.
The price of the BNB did not see...
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
16.7.2023
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network...
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed
2.7.2023
The Luna Classic burn mechanism works by automatically burning tokens whenever a transaction occurs on the network
Shiba Inu Burn Twitter account experiences suspension
24.6.2023
The account holders expressed in their tweet that the Developer Portal indicates a violation of Twitter Rules and policies by their app
Twitch Streamer’s Car Gets Torched By Obsessed Viewer Who Drove 700 Miles
14.6.2023
A Twitch streamer has come forward with a traumatizing experience of how an obsessive fan—if you can even call him that—drove 700 miles to torch her car.Read more
Can $100 in Terra Classic Make You a Millionaire If This LUNC Burn Forecast Happens?
12.6.2023
Terra Luna Classic (LUNC) bulls are fighting back against building sell pressure on Monday, with the cryptocurrency last up around 1.5% on the day in the $0.000089 area and up close to 15% from the fresh yearly lows printed over the weekend in the $0.000077 area....
Read More: Can $100 in Terra...
Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
9.6.2023
OKX periodically buys back and burns the tokens to gradually reduce their supply on the open market
Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months
28.5.2023
In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a prominent participant in the burn process since August...
Meme Coin $COPIUM Price Pumps as 18:00 CET Burn Event Powers Buying Frenzy
23.5.2023
Top meme coin $COPIUM is blasting higher today as news of its huge burn event ignites a buying frenzy. Thirty per cent of token supply will be burned at 18:00 CET today, Tuesday 23rd May.
$COPIUM is already 36% higher, from $0.005072 to $0.06993 as it looks to reclaim its all-time high and pump...
GoCrypto’s Cutting-Edge NFT Store: Smart Contracts and Decentralized Payments
23.5.2023
PRESS RELEASE. [Ljubljana, May 23rd, 2023] – GoCrypto, the trailblazer in blockchain technology, is proud to unveil its groundbreaking GoCrypto NFT Store, a revolutionary platform that harnesses the power of smart contracts to redefine ownership, creativity, and real-world rewards. Powered...
LUNC Burn Can't Help Terra Luna Classic Price, New Crypto Coin Burns 30% of Token Supply
23.5.2023
The Terra Classic (LUNC) price has been in a downtrend throughout 2023 despite the LUNC coin burn, its total supply still 5.87 trillion tokens.
New cryptocurrency Copium is burning 30% of its supply, aiming to achieve what the former Terra LUNA hasn't. Since the announcement of its token burn...
Top Trending Meme Coin Copium Price Surges as Upcoming 30% Burn Ignites FOMO
22.5.2023
Meme coins are heating up, and new market entrant Copium ($COPIUM) is now igniting interest with a 30% token burn. Launched just days ago on Uniswap, the trending meme coin has surged in demand, more than doubling its price.
While the burn event suggests a price pump, Copium’s ambitions reach...
Steve Curran, CEO of Burn Ghost Games, on Play-to-Earn Gaming, and Why Some Games Go Viral | Ep. 227
5.5.2023
In an exclusive interview with cryptonews.com, Steve Curran, CEO and Co-Founder of Burn Ghost Games, talks about the future of P2E gaming, the power of casual gaming, and how video games are the biggest use case for Web3....
Read More: Steve Curran, CEO of Burn Ghost Games, on Play-to-Earn Gaming...
Meta Masters Guild Ecosystem Continues to Expand With Staking, Token Burn, and NFT Store Relaunch - Buy MEMAG Before the Surge
25.4.2023
The Meta Masters Guild ecosystem continues its expansion following its successful presale. The fastest-growing mobile-based play-to-earn guild continues to grow into its roadmap as it sets its pieces on the chessboard to become the largest mobile gaming guild in Web3.
Since its presale, Meta...
Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest
29.3.2023
A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon.
According to crypto security firm Peckshield, the attacker exploited a public burn function introduced in the latest upgrade. The function included a...
NFT investor accidentally burns $135k CryptoPunk trying to borrow money
25.3.2023
While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation
Ethereum price at $1.4K was a bargain, and a rally toward $2K looks like the next step
22.3.2023
ETH’s correlation with tech stocks, its increasing total value locked and its deflationary token economics all suggest that the path to $2,000 is programmed
Let First Republic and Credit Suisse burn
17.3.2023
Silicon Valley Bank and Signature Bank set off a cascade among banks that haven’t been handling their finances responsibly. Let them face the consequences
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss
10.3.2023
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg Becker insists that the financial institution...
Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet
8.3.2023
On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown...