Cardano founder asks why proponents of ADA token burn are “consumed with idiocy”

In a community dispute over Cardano token burning, Input Output CEO Charles Hoskinson re-asserted his view that the practice is worthless. Speaking in a disparaging yet playful tone, the Cardano found...

Terra Classic’s 1.2% tax burn supports bullish outlook but here’s an issue

Terra Classic [LUNC] had quite an exciting time in the last few days as it approached a major milestone implementation. Ever since the May crash, the community has expressed concerns over the excess L...

Terra Luna Classic (LUNC) Adds Over $1 Billion to Market Cap Amid Growing Interest After Burn Proposal

– Advertisement – Terra Luna Classic (LUNC) has had quite an impressive rally in the past week.  The cryptocurrency has seen its price skyrocket by 81% in the past seven days and 146% in t...

Tron Burn Total Exceeds 11 Billion TRX

– Advertisement – Tron’s TRX Burn Total Exceeds 11 Billion. Justin Sun, Tron’s head, has announced that more than 11 billion TRX have been burned since October 28, 2021. The total number o...

Shiba Inu: Assessing odds of SHIB gaining heat from the August burn

Shiba Inu [SHIB], one of the most popular Ethereum-based meme coins, registered a massive 9% decline in its seven-day performance. This sparked fear in the SHIB community. Recently, SHIBBURN, a Twitte...

Uniglo to Challenge Shiba Inu & BNB Due to Perfect Token Burn

The DeFi industry is rising, with new projects and tokens being created daily. One of the latest tokens to enter the market is Uniglo which is looking to show Shiba Inu and Binance Coin how to create ...

Amid Massive Token Burn, Shiba Inu Team Announces Update On “SHIB The Metaverse”

According to a recent blog post release, the Shiba Inu team has been working on a new “SHIB The Metaverse” project to create a genuinely immersive experience deserving of the Shiba Inu community. SHIB...

Shiba Inu Burn Rate Jumps 300%, With Nearly 2 Billion SHIB Burned in Past Week

Per the Shibburn website, the burn rate of Shiba Inu has increased by more than 300%, with more transactions carrying SHIB to be burned being recorded in the last 24 hours. In the past day, more than ...

The future of SHIB after its metaverse team expands and burn rate spikes 283%

Shiba Inu (SHIB/USD) has become one of the largest meme-coins out there in terms of both market capitalization as well as project development. What is dubbed the Dogecoin (DOGE/USD) killer has undergo...

Shiba Inu Burn Rate Up 283%, As 175 Million Shib Burned In 3 Transactions, 213 Million In 24 Hours: Details

– Advertisement –   Shiba Inu (SHIB) Burn Rate Surges 283% as 213.34 Million SHIB Burned in Past 24 Hours, 90.64 Million in One Transaction. Shiba Inu Community’s interest in Burns increas...

Shiba Inu Reclaims 1 Billion Weekly Burn Since July 18th

– Advertisement –   1.21 Billion Shiba Inu Burnt in 7 Days, 57.30 Million in Past 24 Hours. Shiba Inu enthusiasts further reduce the circulating supply of the most popular canine-themed cr...

Rise In Token Burn Rate Led To SHIB Rising By 9%

The 12th-largest cryptocurrency, SHIB, recorded a weekly high as it rose by 9% as of August 25, 2022. Meanwhile, the wider crypto market is recovering following last week’s sell-off.  The popular meme...

Terra LUNC Price Surges 13% Amid Massive Burn and Upgrade

Members of the Terra Classic community have reportedly burnt 3.08 billion tokens. The upgrade was scheduled for around 2022-08-26 at 22:00 UTC. Since the community burn campaign has grown, the value o...

160.54 Million Shiba Inu Burned in One Transaction, 276.28 Million In 24 Hours: Burn Details

– Advertisement –   The Community has burned over 276.28 Million Shiba Inu (SHIB) tokens in the past 24 hours, 160.54 Million burned in one transaction. The SHIB Burn data tracking platfor...

SHIB Jumps 9% As Token Burn Intensifies

While the broader cryptocurrency market stages recovery after last week’s selloff, meme coin Shiba Inu (SHIB) has risen over 9% today and recorded a weekly high. SHIB, the 12th-largest cryptocurrency,...

SHIB Burn Rate Surges 90% as SHIB Army Burns 390 Million SHIB with Amazon’s Contribution

Yuri Molchan 390 million SHIB moved from circulation over past 48 hours; part of it was wired with help of Amazon giant and new SHIB burn website Shibburn portal has spread the word that, in the last ...

111 Million Shiba Inu Burnt By Mysterious Wallet, 213 Million In 24 Hours As Burn Rate Spikes 99%

– Advertisement – Every day millions of Shiba Inu burns continue. Over 213.06 Million Shiba Inu (SHIB) were burnt by the Shiba Inu Community within the past 24 hours. The burn rate for the...

SHIB Burn Rate Spikes 256.13% as 176 Million Tokens Get Burned

Yuri Molchan Recent amount of SHIB burned by community has led to spike in burn rate Contents Burn rate soars, 176 million SHIB burned New SHIB burn portal emerges on horizon The SHIB army continues t...

Shiba Inu Could Burn at Least 111 Trillion Within Months, Here’s How

Shiba Inu developers are working tirelessly to provide the community, which craves large and massive burns, with new and innovative projects. Shiba Inu burning remains a hot topic among the SHIB commu...

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

According to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth of Acala USD (aUSD) stablecoin. Acala is a decentralized finance platform built on th...

New burning protocol sees SHIB’s burn rate surge by >1000%

Shiba Inu, as a community, has seen many, different events transpire since its inception. Most of these developments have been aimed at aiding SHIB’s price above the $1-mark. However, these developmen...

Phygital NFTs: The Physical-Digital Nexus

August 19, 2022, 1:15PM EDT • 14 min read Quick Take “Phygital NFTs” enable a holistic product experience by blending physical and digital elements Typically, the NFT is burned when its owner decides ...

New SHIB Burn Portal Detected, While 105 Million SHIB Gets Removed

Yuri Molchan New portal for burning Shiba Inu emerged, which might be used to promote SHIB to non-SHIB holders Contents “This website DOES burn SHIB” 105 million SHIB removed by SHIB army ...

SHIB Burn Rate up 242.50% as Another 133 Million Shiba Gets Burned

Yuri Molchan Shib burners have managed to raise burn rate of meme token by quarter of million percent overnight The Shibburn tracker of SHIB moved to unspendable wallets has shared that, after a recen...

After the Exploit and Burn Repair, Acala Almost Reached Its Original Peg of 1:1

The Acala Dollar (aUSD), Polkadot’s native decentralized stablecoin, hit a new low of $0.0054 on August 14 and lost its $1 peg. Acala Network had previously observed a suspicious transaction. Hackers ...

Solana Wallet Introduces ‘Burn NFTs’ to Protect Investors From Scams – crypto.news

The Phantom wallet app has introduced a new Burn Token feature, enabling users to remove spam NFTs sent by scammers. Phantom Wallet Adds ‘Burn NFTs’ Feature Phantom, a wallet provider based in Solana,...

Solana Phantom wallet announces it will burn spam NFTs

Phantom, a Solana-based wallet, has launched a new burn feature for non-fungible tokens (NFTs). The feature will get rid of the NFTs sent by scammers. The feature can be accessed through the Burn Toke...

Shiba Inu Burn Rate Suddenly Jumps 322%, SHIB Price Approaches Key Support

Per the Shibburn website, the burn rate of Shiba Inu has suddenly increased by 322%. The Shiba Inu burn rate was down earlier, as reported by U.Today. This shows that burning activities are resuming a...

Solana wallet fires up the grill to burn spam NFTs out of existence

Solana-based wallet provider Phantom has launched a new burn feature allowing users to remove spam nonfungible tokens (NFTs) sent by scammers. According to a Thursday blog post from the Phantom team, ...

The Burn NFT Feature By Phantom Goes Live on Every Device

The NFT Burn feature by Phantom is now live on all devices. The feature aims to protect users from spam content that malicious actors on the internet create to steal their funds. The NFT Burn feature ...

Ethereum Community Votes to Burn Stakes of Validators Who Censors Protocol

The emergence of Ethereum 2.0 is billed to change a lot of things for Ethereum in the coming days and while the merits are innumerable, there are also defined demerits that can surface. The Ethereum c...

Vitalik Buterin Votes to Burn the Stakes of Protocol Censors

5 hours ago | 2 mins read Editors News Validators of the Beacon Chain, own 66% of the entire stake. Overall, 62% of voters voted to burn the stake. Today, Vitalik Buterin, a co-founder of Ethereum, jo...