Tag: Burn
Floki Prices Surge 100% as Burn Proposal Passes
As reported last week, the burn removes 2% of the tokens from the circulating supply.
www.coindesk.com [...]
Floki Developers Plan to Burn $11M Tokens, Reducing Supply by 190B FLOKI
The figure represents 2% of the token’s circulating supply, or the number of tokens on the open market.
www.coindesk.com [...]
IKEA Recalls USB Chargers For Risk Of Burn And Electric Shock
Virginia-based IKEA US Retail LLC is recalling USB Chargers citing burn and electric shock hazards, according to the U.S. Consumer Product Safety Comm [...]
BitTorrent’s BTT Surges 12% as Owner Tron Completes TRX Burn
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Terra Tokens LUNA, USTC, LUNC Rocket on Bitcoin Linking and Burn Program
Several tokens tied to the two Terra ecosystems – Terra 2.0 and Terra Classic – more than doubled over the past week, extending year-to-date gains to [...]
Bankless controversy forces founders to burn tokens and separate from DAO
Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the fou [...]
ApeFest Attendees Report Severe Eye Burn. BAYC Says Less Than 1% Have Symptoms
Attendees of a ApeFest, an event hosted by Bored Ape Yacht Club creators Yuga Labs, have been receiving medical care after reporting blurred vision an [...]
Voyager Token Jumps 20% as $7.3M VGX Sent to Burn Address
The native token [VGX] of bankrupt crypto brokerage firm Voyager Digital surged by 19% on Friday after on-chain data revealed that a Voyager wallet se [...]
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most signifi [...]
Flare Network Will Burn 2% of Total Token Supply to Support Ecosystem
“We are very happy to have reached an agreement with our shareholders and thank them for their support,” Hugo Philion, CEO and co-founder of Flare, sa [...]
Stronghold requests permission to burn tires for crypto mining in Pennsylvania
Stronghold Digital Mining, a Pennsylvanian crypto-mining company, is currently seeking approval to produce up to 15% of its energy using shredded tire [...]
Rollbit's RLB Token Rockets 60% as Crypto Casino Bets on Daily Token Burn
Rollbit revenues crossed over $2 million in the past 24 hours across various services, data shows. This means a significant amount – after costs – wil [...]
KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes
The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned.
www.coindesk.com [...]
Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn
Rocket Pool, a decentralized Ethereum-based staking service, experienced its largest daily redemption of its rocketpool ether (rETH) token this week, [...]
DeFi Lender MakerDAO’s MKR Price Soars as Token Smart Burn Engine Goes Live
MKR briefly rose above $1,200 early Friday for the first time since last August, then pared some of its gains to change hands at around $1,144. The to [...]