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 USDC minted between Friday, March 10 and press time...
Tag: Burning
200M More Shiba Inu Burned Following Yesterday’s Burning of 2B Tokens
Shiba Inu (SHIB) Goes Up in Flames, 2.20 Billion Tokens Burned in 24 Hours. Shiba Inu has been undergoing an unusual burn activity since yesterday. It all started when the contract wallet called “Shib...
Top Analyst Speculates Ripple’s XRP Price Might Skyrocket to $17.00 Amid SEC Escrow Burning Reports
An XRP enthusiast going by the name of Nerd Nation on Box recently shared a hypothetical scenario that has some within the XRP community excited. The scenario involves the SEC requiring Ripple to burn...
Americans are racking up debt and burning through their savings—economists warn it could spark a recession
Despite high inflation, rising interest rates, and consistent recession predictions from Wall Street, Americans have continued spending at near a record pace over the past year, opting to splurge on D...
Binance Coin (BNB) Price Prediction 2025-2030: BNB meanders above $300 despite burning
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Binance Coin (BNB) is a digital c...
LUNC in Dire Straits Despite Token Burning, Can the Bulls Rescue?
Terra Classic reaches a new milestone by burning 15 million tokens in a week, with more burning on the cards. LUNC experiences consolidation after each drop, with increasing bearish pressure. The 200-...
‘Chinese MATIC’ Conflux (CFX) up 18% as Burning Proposal Is Unveiled
Gamza Khanzadaev Conflux network token soars at double-digit rate as new burn feature is proposed Contents Chinese Polygon (MATIC) Conflux Network (CFX) tokenomics The proposal to burn CFX was put for...
Ethereum (ETH) Burning Sets New High as Sentiment Booms: Details
The amount of ETH burned on Feb. 2 exceeded 3,000, which was a new high since Nov. 10, 2021. According to Wu Blockchain: “The burning amount of Ethereum reached 3040 on February 2, reaching a ne...
Meme Coin FLOKI Cuts Transaction Tax After Burning 5 Trillion Tokens
Floki team reduced its tax transaction on the ecosystem to 0.3%. The aim is to accelerate the meme coin’s adoption by lowering the entry barrier Previously, 99% of Floki DAO voted to burn nearly 5 tri...
How To Challenge Your Team Without Burning People Out
getty It’s when we’re challenged that humans come alive. When we engage in a process of practice and improvement that will lead to true mastery, when we take on the (next to) impossible and make it po...
Rolls Royce a ‘burning platform’ that must change to survive, warns new boss
Rolls Royce chief executive Tufan Erginbilgic delivered a stark message to staff – F. Carter Smith/Bloomberg The new chief executive of Rolls Royce has delivered a blistering message on the futu...
Shiba Inu, the burning of the crypto continues
Shiburn (literally burning the Shiba Inu coin) is a practice that began last year and is bringing innovation to the crypto world. The altcoin most beloved by animal lovers has since last year kicked ...
2 Billion SHIB Gone as Shiba Inu Token Burning Spikes in January
Gamza Khanzadaev SHIB burn rate hits 760%, while 2 billion Shiba Inu tokens gone in January The burning of Shiba Inu tokens accelerated noticeably in January. By comparison, as many tokens were burned...
ADA Token Burning Not An Option For Cardano Founder
It looks like the crypto market is all set to enjoy a bullish weekend as the star cryptocurrency, Bitcoin has surpassed yet another important resistance of $22,000 area. Ethereum is on a similar pace ...
Shiba Inu (SHIB) Burn Rate Spikes 937% as Price Is Close to ‘Burning’ Zero
Yuri Molchan Burn rate of popular SHIB meme token has surged by over 900% overnight Contents SHIB burn rate jumps high SHIB price is about to “burn” a zero According to data provided by th...
Burning Man sues Biden administration over geothermal project
A bagpipe player and a belly dancer on stilts, participants in the “Burning Man” festival, cross a section of the Black Rock Desert in Nevada. Mike Nelson | AFP | Getty Images Organizers o...
Whales find a liking for Shiba Inu [SHIB] but a burning issue prevails
Shiba Inu became one of the most-purchased tokens in the last 24 hours, as whales bought the token in droves. However, its network activity and daily addresses recorded a fall. According to data share...
Terra (LUNC) Price Dumps by 13%, Binance to Make Changes to Burning
Tomiwabold Olajide Binance welcomes LUNC developers to join its Industry Recovery Initiative (IRI) After days of an impressive price run, Terra Classic (LUNC) plunged over 13% as investors made gains....
Binance Updates LUNC Burning Model Following Controversial Community Proposals
Leading cryptocurrency exchange Binance has announced that it is changing the burning mechanism for Terra Classic (LUNC) trading fees. According to the exchange, the changes are in response to two con...
Terra Classic drops 13% in a day after Binance cuts LUNC burning by 50%
The value of Terra Classic (LUNC) has experienced a significant drop due to increased selling pressure, which has impacted ongoing efforts to rescue the token. In particular, by press time, LUNC was ...
Shiba Inu (SHIB) Burning Extremely Different Since December: Details
Gamza Khanzadaev Here’s how much SHIB was burned last week, as Shiba Inu burning changes a lot in December According to crypto statistics portal CryptEye, 176.7 million SHIB were burned last wee...
Ethereum’s (ETH) Profitability Plummets to 45% as Burning Mechanism Does Not Work
Arman Shirinyan Ethereum’s burning mechanism and profitability showing poor results Ethereum’s battle with inflation continues: the second-biggest cryptocurrency on the network has been co...
Here’s When 10 Billion Terra Classic (LUNC) Burning Goal Will Be Reached
Gamza Khanzadaev Desired number of LUNCs in circulation is 10 billion tokens, but there is a catch According to the LUNC Tech portal, the goal of burning the Terra Classic token is to return its circu...
TerraCVita Says Its Roadmap Includes Burning Trillions of LUNC
– Advertisement – The latest disclosure underlines the independent development group’s commitment to revitalizing Terra Classic (LUNC). TerraCVita, an independent group dedicated to develo...
Solana Co-Founder Breaks Silence on SOL Burning as New Proposal Raised
Gamza Khanzadaev Anatoly Yakovenko on what they did ahead of Ethereum and SOL burning A new proposal to change the charging mechanism on Solana’s blockchain, from co-founder Anatoly Yakovenko, h...
Terra Classic Network To Get Osmosis Support In Burning LUNC
– Advertisement – The Terra Classic community wants Osmosis to carry out off-chain LUNC burns. Cosmos Capybara, a Terra Classic community member, has published a signaling proposal on agor...
These stocks are burning cash fast and might need to raise capital soon, Goldman Sachs flags
Equity strategists at Goldman Sachs GS, +0.27% point out the cost of money is no longer next to nothing. The weighted average cost of capital for U.S. companies has gone from near the lowest level in ...
‘Voters are looking for help’: With control of Congress too early to call, here are 3 burning tax questions
A day after midterm elections, it remains uncertain whether either party will end up with Congressional control or whether it will be a divided Congress — and that has consequences for these tax quest...
Burning Amount Surpasses 560K, with Negative 30-Day Avg New Increase
Data source：https://ultrasound.money/ Advertisement     Ultrasound.money data shows that this month marks the first time total deflation has occurred in Ethereum in a ...
Proof-of-Reserves Becomes a Burning Issue amid FTX Crisis
The collapse of FTX, one of the leading crypto exchanges, sent shockwaves in the digital asset space. With the liquidity issue being a primary contributor to the FTX crisis, the proof-of-reserves conc...
Could burning millions of Uniglo.io supply push its price higher? DOGE and Big Eyes holders consider adding more GLO
Burning tokens is a common practice in the cryptocurrency market. However, the new decentralized project Uniglo.io (GLO) takes it a step further by implementing a dual-burn process called Ultra-Burn M...
SHIB Burning Makes Leap, Here’s How Much Was Burned Last Week
Gamza Khanzadaev Here’s how much SHIB was burned last week as Shiba Inu burn rate increases A big leap occurred in the SHIB burning process over the weekend. The number of Shiba Inu tokens that ...