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Buyback-and-burn: What does it mean in crypto?

22.1.2022
When considering price volatility in digital marketplaces, buyback-and-burn strategies in crypto offer long-term price stability and token value growth

Intel's Bitcoin Mining Surprise, Crypto Mortgage, BNB Burn + More News

18.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Intel's Bitcoin Mining Surprise, Crypto Mortgage, BNB Burn + More News

Ethereum EIP-1559 upgrade launches on Polygon to burn MATIC

18.1.2022
MATIC supply is likely to become deflationary once fee burning commences according to estimates by the Polygon team

SHIB Burn for Merchants to Launch by the Crypto Payment Provider

31.12.2021
NOWPayments, the non-custodial digital payments tool, is adding a feature allowing merchants to burn out Shiba Inu tokens. The Amsterdam-based company mentioned that it is going to burn about 3% of the total relationship in the top canine coins community. In crypto, burning means the sending...

Ethereum Has Burned 1.2 Million ETH in 4 Months, Close to $5 Billion in Ether Destroyed

28.12.2021
With three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in value in 12 months. 145 days ago, on August 5, the Ethereum network implemented the London hard fork and since that day, 1,283,226 ether...

SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News

23.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ... Read More: SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News

Binance introduces BNB Auto-Burn to replace quarterly burn protocol

23.12.2021
BNB tokens will now be burned automatically based on a formula that includes blocks generated and BNB’s price

Inside the blockchain developer’s mind: Proof-of-burn blockchain consensus

19.12.2021
Gaining a deeper understanding of a popular — but, meanwhile, widely misunderstood — concept in blockchain technology: the consensus algorithm

OVR and the Results of the Token Burning Program’s First Month

5.12.2021
OVR launched its new Token Burning Program on 1 November to make its own tokens more rare and valuable. The results of this first month of November saw a total of 246 thousand OVR burned. OVR and the Numbers From the Token Burning Program’s First Month OVR’s updated token economics...

Key data points suggest the crypto market’s short-term correction is over

29.11.2021
Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end

Ethereum bulls likely to profit $130 million on ETH options despite two-week slump

25.11.2021
$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200

One million ETH worth have been burned since the implementation of EIP-1559 in August

24.11.2021
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year

Ethereum Has Burned More Than a Million ETH Over the Last 3 Months

24.11.2021
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion...

Terra to Burn $4.5 Billion Worth of LUNA From Community Pool

13.11.2021
Terra, an algorithmic stablecoin project, will burn $4.5 billion worth of terra (LUNA), its native token, from its community pool. The decision was taken using the on-chain governance system, and according to proposals 133 and 134, the LUNA will be burned and swapped for the native stablecoin...

OVR Upgrades Its Token Economics

12.11.2021
OVR has decided to upgrade its token economics to make its own tokens more rare and valuable. Last May, the OVR team burned about 1 million OVR tokens to celebrate the first six months of the project. Now it is announcing an exciting decision to make token burn an integral part of its token...

Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days

31.10.2021
87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that...

Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism

23.10.2021
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...