Search
Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
4.7.2024
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised...
Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG
20.6.2024
The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burning of more than 53 million tokens so far, is expected to reduce the total...
Andrew Tate Burns Over $10 Million Received in Meme Coin TOPG
9.6.2024
Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $10 million after announcing it on social media. Tate received over 580 million TOPG tokens as a donation from an unnamed party, and announced that he would burn it so “everyone else makes...
Terra Luna Classic Price Prediction as Binance Burns 59 Billion Tokens – $10 LUNC Incoming?
17.5.2024
LUNC has declined by 1% in the past 24 hours, with the Terra Luna Classic price dropping $0.000108 as the wider crypto market gains by a very slight 0.5% today.
The post Terra Luna Classic Price Prediction as Binance Burns 59 Billion Tokens – $10 LUNC Incoming? appeared first on Cryptonews
ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul
16.5.2024
The Shiba Inu ecosystem's decentralized exchange, ShibaSwap, has successfully transitioned to the Shibarium blockchain, introducing many new features and enhancements, including improved SHIB burns.
The post ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul appeared first on Cryptonews
Shiba Inu Price Prediction as SHIB Spikes Up 1.7% in 24 Hours – $1 SHIB Possible Soon?
12.5.2024
With a significant 338% increase in token burns this week, Shiba Inu intensifies efforts to reduce supply and enhance its value, fueling speculative growth forecasts.
The post Shiba Inu Price Prediction as SHIB Spikes Up 1.7% in 24 Hours – $1 SHIB Possible Soon? appeared first on Cryptonews
Shiboshi’s NFTs Lead Quiet & Transformative Movement In SHIB Burns
18.3.2024
A collection of 10,000 non-fungible tokens generated by Shiba Inu, Shiboshi, has led a silent yet transformative revolution in NFTs, vital in reducing SHIB’s circulating supply through strategic and deliberate burning efforts. The community of Shiba Inu, also known as the exclusive Shib...
Red Vs Blue Creator Rooster Teeth Shut Down By WB Discovery
6.3.2024
Rooster Teeth, a Warner Bros. Discovery Global Streaming & Interactive Entertainment subsidiary, is ending operations after 20+ years. The news was announced on March 6 in a company memo and blog post on the digital content creator’s site. Read more
The 15 Best Simpsons Musical Numbers
23.2.2024
The Simpsons has been on for over 30 years at this point. In that time, the show has produced some amazing episodes and some real stinkers. But let’s not forget that Fox’s hit animated show about a suburban family trying to make ends meet in Springfield has also provided us with some incredible...
LUNC community burns over a billion tokens- Will this push price to $0.01?
30.1.2024
After Crypto.com announced that the platform would be delisting Terra Luna Classic (LUNC), the once-leading altcoin saw a huge downtick of over 40%. But now, we’re seeing the token put in motion a revival plan, and the first step is rapid coin burning. Many investors wonder whether this could bring...
Crypto Companies Leverage AI Despite Ongoing Challenges
26.1.2024
Recent statistics show that the artificial intelligence (AI) market size is expected to reach over $3 billion this year. Therefore, it shouldn’t come as a surprise that a number of crypto-focused companies have started to incorporate AI into their products. Why companies are combining crypto with...
Terra Luna Classic Price Prediction as Community Burns 700 Million LUNC – A Turnaround in Sight?
24.1.2024
Terra Luna Classic (LUNC) price predictions remains bearish, despite attempts from the community to reduce the token’s supply via burns. As per a tweet from @AlexCryptoBull, 700 million LUNC tokens were burnt this week, plus 230,000 UST tokens. Great results this week with 700M $LUNC and 230k $USTC...
DeFi Platform Raft Hacked for $3.3 Million, Attacker Burns Most of Stolen ETH – Here’s What Happened
11.11.2023
Source: Pixabay Decentralized finance (DeFi) platform Raft has suffered a hack resulting in the loss of approximately $3.3 million in Ethereum ( ETH). However, the attacker’s attempt to profit from the heist may have backfired, as they incurred a loss themselves. On-chain data reveals that...
Attendees of Yuga Labs’ ApeFest Event Report Eye-Related Issues; Yuga Labs Investigating Cause
7.11.2023
Source: AdobeStock / alexandarilich Attendees of the Yuga Labs ApeFest event in Hong Kong have reported suffering burns, eye damage, and extreme pain in their eyes after attending the event. The attendees at the Yuga Labs ApeFest event in Hong Kong on November 4 suffered eye burns, impaired...
Chimpzee Burns 1 Billion More CHMPZ Tokens, New Raise Goal Announced
28.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The Chimpzee (CHMPZ) project is achieving remarkable strides in its endeavors, and the upcoming debut of the Chimpzee shop is further fueling the anticipation. With its launch just around...
New Presale Milestone – Chimpzee Burns 1 Billion Tokens, Makes Donations to Save Wildlife in Ukraine
27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The Chimpzee presale is closing in on its conclusion as it enters the 14th stage. There are 16 stages in the presale in total. Investors are piling in on the presale to hoard CHMPZ tokens...
Pepe Memecoin Burns $5.5M Tokens Prompting 31% Rise
24.10.2023
Bitcoin (BTC) dominance hit its highest level since April 2021, outpacing the majority of altcoins – but the Pepe memecoin has bucked that trend
Uniswap founder burns $650B HayCoin against speculation
21.10.2023
Uniswap's Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation
HayCoin Price Soars as Uniswap Creator Burns 99.99% of Test Coin Supply
21.10.2023
HayCoin, a test coin created by Uniswap founder Hayden Adams, has experienced a dramatic surge in value after Adams decided to burn 99.99% of the token's supply.
At the time of writing, HayCoin is trading at $2,538,123, up by more than 273% over the past day, according to data from CoinGecko. ...
Binance Burns $450M BNB in Quarterly Move
16.10.2023
The burn mechanism is based on BNB's price and the number of blocks generated on the BNB Smart Chain (BSC) during the quarter