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Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results
20.2.2023
After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were...
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
20.2.2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of...
Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion
14.2.2023
Some 12 trillion VOLT were staked in favor of the token burn proposal
Blockchain-Based Render Network Token Rising After Community Vote for New Burn-and-Mint Model
8.2.2023
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network
DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy
7.2.2023
Over 18 million tokens after the demand for the recovery tokens saw prices surge to as much as $113
Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens
30.1.2023
FLOKI prices have rallied more than 100% in the past week
Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens
27.1.2023
The proposal is part of a broader move towards positioning Floki Inu as a serious DeFi project, developers told CoinDesk
It’s The Best Time Of Year For This Cozy, Slow Burn Game
23.1.2023
I’m sure that indie studio Mojiken’s supernatural slice-of-life A Space for the Unbound is the perfect game to play when it’s raining outside. It’s set in a pixel-y, 1990’s Indonesia, where everything is tinged in an evocative seafoam green, flanked by a low, hot sun and pink clouds. It gives...
Bonk Inu Developers Burn All Their Team Tokens as Solana Ecosystem Frenzy Continues
6.1.2023
Some 5% of the bonk token supply was burnt as prices dropped 40% in the past 24 hours
‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake
29.12.2022
Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only...
Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
15.12.2022
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC
Fantom wants to cut token burn rate by 75% to fund dApp rewards program
1.12.2022
"Fantom will become the youtube/twitch of blockchain platforms," commented ecosystem architect Andre Cronje
Tamadoge, Binance Coin, and Uniglo.io named the three best DeFi projects in 2022 – Can GLO succeed with its dual-burn?
14.11.2022
Recent analysis suggests GLO, BNB, and TAMA could be the best options for your portfolio over the next few months. Some say GLO is the pick of the bunch and could be ready to explode in price despite worsening overall market conditions. If you want a bear-market buster ready for growth no matter...
Gigantic burn on launch set to send Uniglo.io into the top 100 alongside Klaytn and Maker
11.11.2022
As the crypto industry looks to continue its growth and adoption in 2022, several new projects are launching that could significantly impact the space. Uniglo.io is a new social currency set to get listed on Uniswap on November 19 with a massive burn of leftover presale tokens. This move will...
In the Volatile World Of VTubers, Companies Crash And Burn
10.11.2022
Elves, robots, zombies and pirates. Many of today’s internet stars aren’t even human, but outlandish characters that wouldn’t look out of place in a popular anime or manga. Such is the world of virtual YouTubers or “VTubers,” who have gone from a niche technology experiment to a full-blown cultural...
FTX Has Made $34M in Trading Fees Since Recent FTT Token Burn Despite Withdrawal Freeze
10.11.2022
Cryptocurrency exchange FTX has made $34 million in trading fees since the last time it burned its native FTT token on Oct. 31
Uniglo.io shows a prime example of how burn events push prices higher; Will Big Eyes, Tamadoge, or IMPT follow?
9.11.2022
Burn events can help the price of a specific crypto token surge upwards. And no other crypto project has ever announced a burn event like GLO will carry out on its official launch in just a few days’ time. This news has left early investors eager for launch day and could bring huge profits...
Koinos to launch its free-to-use blockchain mainnet
3.11.2022
Formed by Steem blockchain veterans, the platform offers a universal programming language, free account transfers, and its own smart contracts system
Gaming DAO Merit Circle to Burn Nearly $170M Worth of MC Tokens
26.10.2022
Decentralized autonomous organization (DAO) Merit Circle has voted to burn $169 million worth of its native token
Terra Luna Classic Price Forecast – When is the Next Binance Token Burn?
13.10.2022
Terra Luna Classic is preparing for a bullish move to $0.00037, moments after holding firmly to support at $0.00025. Over the last few weeks, its performance continued to disappoint investors, as they counted losses from $0.00037. However, insight from a double-bottom that recently formed on...