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Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...
Protesters burn Bitcoin ATM as part of demonstration against El Salvador president
15.9.2021
The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.”
Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners
2.9.2021
Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners...
Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes
30.8.2021
Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million...
SOL burn? Solana price hits $100 for the first time after mysterious 'Ignition' event revealed
30.8.2021
Traders push their SOL/USD bids higher after Solana teases the community with "ignition," a mysterious feature that will go live on Aug. 31
Ethereum network congestion temporarily shuts down crypto gaming casino
12.8.2021
FunFair Technologies-owned KingTiger Casino is now on the lookout for new solutions for hosting “a new range of features and games” for its participants
Ethereum supply flips briefly into deflation as gas fees spike
11.8.2021
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far
Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
6.8.2021
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London...
Vitalik: ‘More confident about the merge’ following ETH’s successful London upgrade
6.8.2021
The London upgrade has been a success, and now eyes are on the even more eagerly awaited merge with Eth 2.0
Ethereum network burns $395K ETH per hour after London upgrade
6.8.2021
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke
Dark Mode in One Line of Code!
19.7.2021
Dark mode has seemingly become the desired visual mode for websites and mobile apps alike. Dark mode is easier on the eyes, especially for those like me who like to burn the midnight oil by coding and reading tutorials. Unfortunately not all websites offer dark mode, so it’s up to me...
Binance burns $390M worth of BNB tokens
19.7.2021
Binance has destroyed $400 million worth of BNB in its 16th quarterly token burn event, but the markets don’t seem to care
Infinity Nodes: Proof-of-Burn Time-Variant Reward System for Data Storage
30.6.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
In June 2019, SINOVATE released the first-of-its-kind technological feature which exploits the power of the Proof-of-Burn (PoB) mechanism called Infinity Nodes. In 2020, the AURORA release pushed...
Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
23.5.2021
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...
Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens
17.5.2021
After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. Then a...
While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military Violence Backing US Dollars
16.5.2021
This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used...
Dogecoin imitator Shiba Inu pumps 146% on Binance listing
10.5.2021
The Doge imitator gained nearly 1,000% in the past 48 hours as Binance announces it's making room for SHIB, despite Vitalik Buterin owing 50% of the supply
NFT Livestream: Proof of Origin Event
22.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Join Rob Prior who will burn original painting to create a NFT to be auctioned on the Mogul Productions platform
On April 28th, Mogul Productions and Untraceable Events will host a special event for crypto...
The First Token Burn on BTC-Alpha As a New Start
21.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Recently a European exchange BTC-Alpha performed the first token burn in their history. According to their WP, their native ALP Coins were burnt based on the amount of them traded and received as payments for...
Record $600M BNB burn suggests Binance made $750M in profit in Q1
16.4.2021
Binance burned $600 million worth of BNB in Q1 2021, which means Binance possibly made over $750 million in profit