Tag: burning

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Mantra says CEO has begun the process of burning his 150M OM tokens

Mantra says CEO has begun the process of burning his 150M OM tokens

Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn addre [...]
Government races to keep Scunthorpe furnaces burning

Government races to keep Scunthorpe furnaces burning

Officials are working to deliver essential raw materials to British Steel's Scunthorpe plant, the government has said, as it races to keep its blast f [...]
U.S. Strikes in Yemen Burning Through Munitions With Limited Success

U.S. Strikes in Yemen Burning Through Munitions With Limited Success

In just three weeks, the Pentagon has used $200 million worth of munitions in Operation Rough Rider against the Houthi militia, officials said. www.n [...]
Burning quantum-vulnerable BTC is the best option — Jameson Lopp

Burning quantum-vulnerable BTC is the best option — Jameson Lopp

Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said [...]
Burning quantum-vulnerable BTC is the best option — Jameson Lopp

Burning quantum-vulnerable BTC is the best option — Jameson Lopp

Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said [...]
Burning quantum-vulnerable BTC is the best option — Jameson Lopp

Burning quantum-vulnerable BTC is the best option — Jameson Lopp

Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said [...]
Solana Meme Coin Wen Plummets Despite Burning 27% of Supply

Solana Meme Coin Wen Plummets Despite Burning 27% of Supply

The burn turned out to be a "sell the news event" as traders had already accounted for the purge – and then some. www.coindesk.com [...]
A Foiled Plot’s Burning Question: Why Would India Take the Risk?

A Foiled Plot’s Burning Question: Why Would India Take the Risk?

After an indictment accuses an Indian official of ordering an assassination on U.S. soil, diplomats and experts debate how far up the chain the scheme [...]
Bitcoin shorts keep burning as BTC price seeks to hold $27K

Bitcoin shorts keep burning as BTC price seeks to hold $27K

Bitcoin (BTC) bounced around $27,000 on Sep. 29 as a challenge to month-to-date highs dragged BTC price action upward.BTC/USD 1-hour chart. Source: Tr [...]
DAOs need to learn from Burning Man for mainstream adoption

DAOs need to learn from Burning Man for mainstream adoption

As they exist today, decentralized autonomous organizations (DAOs) will not scale to the masses. Sure, shining examples like PleasrDAO, Uniswap DAO, S [...]
Sam Bankman-Fried’s FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day

Sam Bankman-Fried’s FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day

“They've now moved to a pace of almost $50 million a month in fees, with literally hundreds of lawyers, financial advisors and bankers working on them [...]
Adidas to sell leftover Yeezy inventory instead of burning it

Adidas to sell leftover Yeezy inventory instead of burning it

Shoes are offered for sale at an Adidas store on February 10, 2023 in Chicago, Illinois. Scott Olson | Getty ImagesAdidas intends to sell part of its [...]
Tradfi Market Participants See Opportunity in Crypto Investing Despite ‘Red Wedding,’ Burning Buildings

Tradfi Market Participants See Opportunity in Crypto Investing Despite ‘Red Wedding,’ Burning Buildings

The digital asset ecosystem is broader and deeper than in the past, Tapiero said, and assets have lower correlations to bitcoin itself. Despite assert [...]
Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse

Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse

Circle Internet Financial’s USDC stablecoin saw almost $3 billion in net redemptions, defined as the total number of USDC burned minus the number of U [...]
Klaytn Foundation Proposes Burning 5.28B KLAY in Tokens Overhaul, Cutting Token Supply by Nearly 50%

Klaytn Foundation Proposes Burning 5.28B KLAY in Tokens Overhaul, Cutting Token Supply by Nearly 50%

The proposal includes short-term tokenomics improvements: from the initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY, or ap [...]
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