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Burned Banksy NFT Sale Captures Close to $400K, Critics Claim Buyers Are ‘Morons’
8.3.2021
On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69 ethereum or $394k using today’s...
CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team
23.2.2021
PRESS RELEASE. Hong Kong, February 23, 2021 – CoinEx, a global and professional cryptocurrency exchange service provider, announced on last Saturday that it has finished a historic burn of 1.08 billion locked CoinEx Token (CET) allocated to the CoinEx team for team building and market...
Crypto.com's CRO Doubles On Sudden Massive Burn News
22.2.2021
The price of CRO, the native token of Crypto.com Chain, doubled in a few hours as Crypto.com said it will burn CRO 70bn as they're preparing for the CRO Chain Mainnet launch.
At the time of writing (11:50 UTC), CRO trades at USD 0.267 and is up by 89% in a day and 207% in a week.
The major...
Pundi X (NPXS) gains 102% ahead of testnet launch and token burn
11.2.2021
PundiX (NPXS) gained 102% as the project prepares for a testnet launch, staking and possible DeFi integration
Mark Cuban issues burn notice on offensive ENS domain
3.2.2021
One-upping this crypto troll was no problem for the crypto-savvy billionaire
New Bitcoin ETP, Faster BNB Burn, Digital Euro, Enjin in Japan + More news
19.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
CoinShares, Europe's major digital asset manager, today announced the launch of a new physically-backed ETP, CoinShares Physical...
Binance Coin (BNB) hits a new all-time high one day before its token burn
19.1.2021
A growing DEX ecosystem, competitive futures platform and low fee incentives pushed Binance Coin to a new all-time high one day ahead of its scheduled token burn
Low Circulation and High Demand at Opening of SCU Trading
31.12.2020
PRESS RELEASE. Securypto trade will open on Bilaxy on 1 January, 2021 and all indicators say that it will start off strong given the high demand for it alongside the low circulation of the coin as pointed out by Securypto team. There will be only 410,000 coins available for sale when it starts...
Covesting Reveals Surprise COV Token Burn To Celebrate Utility Implementation Launch
12.12.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
To the joy of early adopters of the COV token, and to celebrate the launch of the token’s utility implementation within the Covesting copy trading module on PrimeXBT, the company surprised the community...
Ripple CTO says community could force the company to burn 48 billion XRP
4.12.2020
Ripple could be forced to burn its entire XRP holdings if the community votes for it, the company’s CTO David Schwartz has confirmed
University's epic burn: Researchers say Ripple's protocol ‘may fail badly’
4.12.2020
According to researchers at the University of Bern, the presence of faulty or malicious nodes on the Ripple network could have “devastating effects.”
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,...