5M+ LUNC Burned Over Weekend as Burn Rate Surges 3,342%

The most recent significant transaction involved the incineration of 2.1M tokens by LUNC DAO. Terra Classic (LUNC) burns persisted over the weekend despite a hiatus of business activities, as over 5 m...

Over 22M Terra Classic (LUNC) Tokens Burned this Week

Burns from validators represent a significant portion of this week’s total burns. Terra Classic (LUNC) burns have especially increased this week, as the community has witnessed the incineration of ove...

Know how the Porsche NFT drop crashed and burned?

The project of Porsche aimed at the German automaker’s iconic 911 sports car, with an arranged fall of 7,500 Ethereum NFTs that will celebrate the vehicle and permit holders’ approach to happeni...

How the Porsche NFT Drop Crashed and Burned

A major player like auto brand Porsche entering the Web3 space is typically a cause for celebration among NFT collectors. However, pre-launch concern quickly evolved into a 1,800-NFT pileup this week ...

Ethereum: $4.6 billion of ETH burned

More than 2.8 million ETH have been burned since Ethereum’s London update went live.  This was revealed by the burn page of beaconcha.in, according to which a total of 2,847,802.9 ETH have been burned...

Over 33M Shiba Inu Burned in 24 Hours As Bulls Target $0.000013

The 33M+ SHIB tokens were incinerated in 15 transactions, with four significant transactions accounting for over 79%. The Shiba Inu (SHIB) community has witnessed the incineration of 33,152,437 (33.1M...

Millions of Shiba Inu (SHIB) Burned as Price Jumps Ahead of Shibarium Release

Yuri Molchan Tens of millions of these meme coins have been sent to dead wallets while the price has shown massive weekly growth As reported by Shibburn crypto tracking platform, over the past 24 hour...

2 Million BNB Worth $617 Million Burned by Binance, Here’s How Price Reacts

Gamza Khanzadaev Black-and-yellow crypto giant burns hundreds of millions of dollars worth BNB Leading cryptocurrency exchange Binance has reported the successful completion of another round of burnin...

Over 5M LUNC Burned as Burn Rate Surges by 2107%

– Advertisement – The biggest single burn in the past 24 hours was initiated by autonomous validator LUNC DAO. The Terra Classic (LUNC) burn initiative remains on track, as 5,096,362 (5M+)...

Burn Rate Spikes 637% As Over 5M Terra Classic Burned

– Advertisement – Self-sustaining validator Luna Station 88 accounted for 95% of the total incinerated tokens on Sunday. The Terra Classic (LUNC) burn campaign recently picked up following...

Shiba Inu (SHIB) Price Up 28% Within Week — Another Zero Finally Burned

Yuri Molchan SHIB has removed another zero, returning to early November levels Contents SHIB price eliminates a zero Here’s what pushed Shiba Inu up Popular meme coin Shiba Inu has soared over t...

Burn Rate up 5761% As 14M Shiba Inu Burned in 24 Hours, 7.37M By Mysterious Wallet

– Advertisement – Over 13.69 Million Shiba Inu Burned in the Past 24 Hours, 7.37 Million in a Single Transaction. SHIB Burn Rate Surges 5,761%. Shibburn reported that over the last day, a ...

Peter Thiel Revealed as an Investor in FTX. Even the Best Get Burned.

Peter Thiel has made some fantastic bets in his career, from PayPal to Facebook to Palantir FTX cannot be counted as one of them. Thiel, one of Silicon Valley’s most high-profile investors, was reveal...

Shiba Inu (SHIB) Burn Rate Jumps 1,395% with Over Half Billion Burned, Here’s What Happened

According to the SHIB burn website, the Shiba Inu burn rate is up a whopping 1,395% as millions of SHIB have been sent to dead addresses in the last 24 hours. In the last 24 hours alone, over 37,400,6...

This Project Burned 50M LUNC in Less Than Two Months

– Advertisement – The recent transaction has brought Terra Casino’s total burns to 52M LUNC in under 2 months. Following a relatively quiet weekend, Terra Classic (LUNC) burns have picked ...

More Shiba Inu [SHIB] tokens to be burned, but to what end?

SHIB tokens are to be burned with every transaction completed on Shibarium. SHIB has seen increased accumulation in the last week. While the launch date for its layer 2 blockchain Shibarium remains un...

All 5 Trillion BONK Burned By Developers, Signals Upcoming Solana Price Rally?

The team behind the Solana-based meme coin Bonk Inu (BONK) burned 5 trillion tokens on Friday. This represents all BONK tokens that were allocated to the Bonk Inu team. Can the move restarts the BONK ...

Devs of Bonk Inu Burned All Their Initially Allocated Tokens

The development team behind the Solana-based memecoin project – Bonk Inu (BONK) – has revealed burning over 5 trillion tokens, or 5% of the total supply. The blockchain data confirmed the process, whi...

Shiba Inu (SHIB) Burn Rate Kicks off 2023 with Almost Half Billion Tokens Burned in 3 Days

Arman Shirinyan Amount of burned tokens on rise, but at the same time, it might not be enough Even though Shiba Inu ended last year with extremely low network activity, just as any other blockchain ou...

Nearly 200 Million SHIB Burned as Shiba Inu Reaches This Big New Milestone

Yuri Molchan Little less than a quarter of a billion Shiba Inu has been removed from circulation this time Contents Almost 200 million SHIB destroyed SHIB hits new milestone as top whales go after it ...

200M SHIB Burned In 24 Hours As Massive SHIB Burns Continue Into The New Year

– Advertisement – The Shiba Inu community is beginning the year with aggressive SHIB burns. The Shiba Inu community, fondly called the SHIB Army, has kicked off the year with aggressive SH...

Here’s How Much Shiba Inu (SHIB) Was Burned on New Year’s Eve

New Year celebrations are traditionally followed by low trading activities on the market and the industry in general. Obviously, one would expect extremely low to non-existent volume of Shiba Inu, hen...

Whopping 83 Billion SHIB Burned During 2022, Here’s What’s Next

Gamza Khanzadaev Here’s what to expect in 2023 as tens of billions of SHIB were burned in 2022 According to SHIB Burn Tracker, 83 billion Shiba Inu tokens were burned during the year 2022. At an...

Nearly $9B worth of ETH was burned in 1.4 years

The second largest cryptocurrency by market cap, Ethereum (ETH), implemented a token burn mechanism on Aug. 5, 2021, through the Ethereum Improvement Proposal (EIP) 1559 upgrade. Since then, nearly $9...

Shiba Inu Burn Address Used by Vitalik Buterin Now Reaches 410 Trillion Burned SHIB

Arman Shirinyan Shiba Inu’s biggest address on network reaches new milestone The biggest Shiba Inu burning address that was once used by Vitalik Buterin to burn part of the SHIB supply reached t...

Bankrupt Celsius Seeks to Extend Claims Deadline for Burned Users

Bankrupt crypto lender Celsius will file a petition requesting an extension of the deadline for users to submit their claims in the ongoing bankruptcy proceedings by another month. “Celsius is prepari...

Celsius seeks deadline extension for burned users claims

The troubled crypto lender Celsius Network intends to file a petition that would give users one more month to lodge their claims. The cryptocurrency community has begun to lose patience as they observ...

FTX Lawsuit Says Burned Users ‘Should Not Have to Stand in Line’ With Other Creditors

A consortium of FTX customers has filed a class action lawsuit against the failed exchange, seeking confirmation that the company’s crypto holdings belong to customers. The filing said that “customer ...

Terra Classic Proposal to Repeal Allocation of 50% Of Burned LUNC To Community Pool Passes

– Advertisement – Proposal 11111 seeks to immediately revoke the provisions of Proposal 10983 regarding reminting 50% of burned LUNC tokens. The Terra Luna Classic (LUNC) community has suc...

27.5 Million SHIB Burned in Last 24 Hours, But Is It Enough for Token To Rally?

Arman Shirinyan Millions of burned Shiba Inu tokens are no big deal for token’s value A significant amount of Shiba Inu tokens has been burned in the last 24 hours, making this one of the most p...

Terra Classic Burn Rate Spikes 7.3K% As Over 20M LUNC Burned

– Advertisement – Most LUNC burns in the past 24 hours have come from the Burn and Build validator run by anonymous influencer Crypto King. Up to 20.9M Terra Classic (LUNC) tokens have bee...