Tag: Burn

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Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

Binance, the world's largest crypto exchange, has conducted its 11th batch of the Terra Classic (LUNC) burn mechanism, resulting in the burning of 2.6 [...]
Shiba Inu Burn Twitter account experiences suspension

Shiba Inu Burn Twitter account experiences suspension

The Shiba Inu Burn Twitter account, which is well-engaged with the crypto community, has been unexpectedly suspended. This suspension has garnered att [...]
Trump NFT Collection Allows Users to Burn Their Collectibles for Prizes

Trump NFT Collection Allows Users to Burn Their Collectibles for Prizes

As for the Win Trump Prizes NFTs, at the time of writing, the number of unique owners had dropped from 799 to 788, indicating that only a few others a [...]
Let First Republic and Credit Suisse burn

Let First Republic and Credit Suisse burn

When crypto markets took a hit after the collapse of FTX and other crypto lenders last year, some crypto critics repeated the mantra, “Let crypto burn [...]
Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

The supply of wrapped Bitcoin (wBTC) dropped to its lowest since May 2021 after the second-largest single-day burn on Feb. 27. A total of 11,500 WBTC [...]
After Chemical Burn, Farm Owners Worry About a Cherished Way of Life

After Chemical Burn, Farm Owners Worry About a Cherished Way of Life

The derailment of a train carrying toxic chemicals upended a region of Ohio where generations of families could afford to buy acres of land, raise liv [...]
Burn Pit Program for Veterans Could Cost at Least $400 Billion, Agency Finds

Burn Pit Program for Veterans Could Cost at Least $400 Billion, Agency Finds

In a report reviewing the nation’s budget outlook, Congress’s nonpartisan scorekeeper estimated that a veterans health program created last year would [...]
Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion

Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion

The VOLT token was launched on the Ethereum blockchain and allocated 100% of its supply to Uniswap liquidity. In January 2022, it was also launched on [...]
DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy

DebtDAO to Burn 18M FTX User Debt Tokens Following Demand Frenzy

Huobi Global adviser Justin Sun explained the token offering in a tweet last week. "FUD token provides creditors with a new level of liquidity, allowi [...]
Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens

Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens

“In Floki’s case, an exploit on our main cross-chain bridge would have a catastrophic impact on the project since this bridge currently holds 55.7% of [...]
Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens

Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens

Burning tokens is a way of reducing supply, which subsequently adds value to each token as long as the level of demand remains the same. The Floki tea [...]
SHIB Bulls Target $0.00000900 on Shibarium SHIB Burn News

SHIB Bulls Target $0.00000900 on Shibarium SHIB Burn News

Key Insights: Dogecoin (DOGE) and shiba inu coin (SHIB) enjoyed bullish sessions on Friday. US economic indicators and the NASDAQ Index delivered sup [...]
Bonk Inu Developers Burn All Their Team Tokens as Solana Ecosystem Frenzy Continues

Bonk Inu Developers Burn All Their Team Tokens as Solana Ecosystem Frenzy Continues

However, large token sales have impeded bonk’s price rise, which is now over 2,000% in the past week. The tokens are down over 40% in the past 24 hour [...]
‘It’s Personal’: Biden Highlights Law Helping Veterans Exposed to Burn Pits

‘It’s Personal’: Biden Highlights Law Helping Veterans Exposed to Burn Pits

President Biden has long blamed the brain cancer that killed his son, Beau, on toxic exposure during the Iraq war. www.nytimes.com [...]
Fantom wants to cut token burn rate by 75% to fund dApp rewards program

Fantom wants to cut token burn rate by 75% to fund dApp rewards program

According to a new proposal dated Dec. 1, directed acrylic graph network Fantom seeks to implement an affiliate program for its decentralized applicat [...]
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