– Advertisement – Binance burns 1.26 Billion LUNC. Binance has burnt 1.26 billion LUNC after the 5th week, as data from LUNCPenguins, a website created to track the Terra Luna Classic (LUN...
Tag: Burning
Russia Burning Through a Trillion Rubles – Trustnodes
The Russian government has began depleting its savings, with it already spending more than half of ruble reserves that the budget had accumulated in bank accounts. They are now opening the piggy bank,...
SHIB Burning Extremely Different Since Start of Fall: Details
Gamza Khanzadaev SHIB burn stats have changed a lot since beginning of September, here’s detailed review According to crypto analytics portal CryptEye, the SHIB burn rate has slowed since the be...
SHIB stays at the mercy of bears despite the ongoing Shiba Inu “burning party”
Shiba Inu’s burning party (in hell) seemed to see new developments as the fire continued to rage on despite a few hiccups. But this time, the party had some special features to rejoice for the SHIB co...
Has The Merge Made an Impact on the Ethereum Burning Rate?
Ethereum (ETH) is by far the most known and adopted cryptocurrency, apparently after Bitcoin (BTC). Given the capability of the first smart contract enabled blockchain and use cases of its nativ...
Binance Reports 2 Million BNB Burning After Recent BNB Chain Hack: Details
Gamza Khanzadaev Binance announces enormous BNB burning worth half a billion dollars days after hack The world’s leading cryptocurrency exchange, Binance, announced the end of the 21st stage of ...
LUNC is burning but why isn’t it fueling a price pump, exploring reasons
It has been quite some time since the launch of the much-awaited Terra Classic [LUNC] 1.2% tax burn protocol, which according to many had the potential to change LUNC’s fate in the long run. To date, ...
Damien Hirst live streams the burning of $10M in art for NFT project
“The Currency” is the name given to Hirst’s NFT project, which examines the value of digital art vs. physical art. Britain’s wealthiest living artist, Damien Hirst, has started setting fire to million...
LUNC Burning Rate Shows 100% Result Against Last Week, Here’s How Much Gone
Gamza Khanzadaev Number of LUNC burned doubles in a week, that’s how much gone total After almost two weeks since the mass burning of the infamous LUNC began, the numbers of the cryptocurrency b...
Relictum Ecosystem Has Presented a Road Map of Burning GTN Tokens
Press Release The team has taken the decision to burn 5,000,000,000 GTN, which is 50% of the initial emission. The first 5,000,000,000 GTN were burnt on 15 September 2022, which was 20% of the initial...
Binance Confirms Burning Over 5 Billion Terra Classic ($LUNC), Price Jumps
The world’s largest crypto exchange Binance has sent over 5 billion Terra Classic (LUNC) tokens to the burn address. Binance earlier announced burning trading fees on LUNC spot and margin trading pair...
Mexico May Take Action Against Burning Frida Kahlo Drawing
An individual burnt a Frida Kahlo art in a Miami-based event. Mexican authorities will investigate him to confirm whether it was the original art or not. Frida Kahlo paintings are admired across the g...
Ethereum Staking and Burning Metrics Solid But Bearish Price Prediction Still Looms
Several metrics for the Ethereum network remain bullish but that hasn’t been reflected in the price which could fall further in the short term. The Ethereum network is still showing solid metrics in t...
Half Billion SHIB Sent to Dead Wallets in Past Week, but Burning Is Not as It Used To Be
According to the Shibburn Twitter account, over 563,864,006 SHIB (563 million) tokens have been burned in the last seven days in over 54 transactions. This remains a small amount compared to past mont...
LUNC Trading Volume Falls Double-Digits, Is Binance Burning Hype Over?
Gamza Khanzadaev LUNC price and trading volume fall days after Binance burning announcement Luna Classic’s (LUNC) trading volume is down 34.43% in the last 24 hours while the price is down 1%. T...
Millionaire under investigation for burning Frida Kahlo art in NFT stunt
At the end of July, art collector and crypto millionaire Martin Mobarak invited a select few to his Miami mansion. His party celebrated the launch of his ‘exclusive NFT collection’ in a way so provoca...
Bancor Proposes Burning of 1 Million BNT as a Trial to Boost Price
A native community of prominent DeFi protocol Bancor presented a proposal that seeks to trigger a burn of 1 million BNT once collected by the Bancor Vortex in the v3 vault. The aim is to help the prot...
Acala Network to resume operations after burning 2.7B in aUSD stablecoin
After the mining failure involving its stablecoin, aUSD, the Acala Network announced on Monday that it had resumed its operations following a referendum allowing liquidity pools (LPs) to withdraw liqu...
Next Few Days May Be Crucial for Burning Record Amount of SHIB
Yuri Molchan This platform says that within next few days, SHIB burning may beat previous month by using Amazon Contents 187 million SHIB burned so far SHIB burn rate hits 1,031% Twitter account @shib...
LUNC Spikes 36% Following Binance’s Burning Announcement
The collapse of Terra ecosystem’s two tokens propelled a great deal of turmoil for the crypto market, the effects of which have continued to haunt the space. However, Terra Classic (LUNC), the rebrand...
Terra (LUNC) Price Jumps 60% Binance Starts Trading Fee Burning
Luna Classic (LUNC) initiated a bounce as a result of a Binance tax implementation on Monday. So far, the price has increased by 50%, breaking out from an important resistance in the process. Binance ...
LUNC Price Skyrockets 25% in 5 Minutes as Binance Announces Major Update on Burning
Gamza Khanzadaev Major crypto exchange provides incredible update on burning mechanism of LUNC As we have just learned, Binance, one of the world’s leading crypto exchanges and holder of possibl...
CZ Suggests Charging Users A Fee For Burning LUNC Tokens, Criticized
The post CZ Suggests Charging Users A Fee For Burning LUNC Tokens, Criticized appeared first on Coinpedia Fintech News During a recent Q-n-A session on Twitter Spaces, Binance CEO Changpeng Zhao (CZ) ...
Shiba Inu Developer Shares New Details About Burning SHIB with Profits from Game
Alex Dovbnya The Shiba Inu team plans to allocate 5% of game-related profits for burning SHIB tokens, and some community members think this is not enough Shytoshi Kusama, Shiba Inu’s pseudonymous lead...
What’s Token Burning? – NullTX
Token Burning is simply removing or destroying a reasonable amount of a project’s total supply. To burn a token is to send it to a wallet that cannot be retrieved back into circulation, reducing the n...
Shiba Inu Lead Developer Provides Important Update on SHIB Burning Mechanism
Gamza Khanzadaev Shiba Inu major spokesperson shares intriguing insight on SHIB burning In a series of tweets today, Shytoshi Kusama, a leading developer and probably the main representative of Shiba ...
How To Survive A Recession (Without Burning Through Savings And Selling Off Investments)
| Getty Images Key Takeaways We aren’t officially in a recession yet, but we’re likely heading towards one, many economists are predicting a 2023 recession. With a little preparation, you can be finan...
Is Binance Coin [BNB]’s burning landmark enough drive to lead the alt to $300
The recent surge in Binance Coin [BNB] burning activity may have proved that the BEP-95 upgrade was a good decision. Also described as the “Bruno Upgrade,” the BEP-95 was implemented to speed up the B...
Deflationary crypto coins: Can value increase by burning?
Deflationary crypto coins are cryptocurrencies that employ a specific tokenomics model that ensures the growth of the value of tokens over time. The economic theory of supply and demand is put into pr...
Shiba Inu Burning Amount Declines in September With 272 Million SHIB Burned Past Week
As reported by Crypt Eye, the number of Shiba Inu tokens burned by the end of the week amounted to 272.2 million SHIB. Taking into account the current token price of $0.000013, this figure is equivale...
There Is Big “If” in LUNC Burning Mechanism That Caused Most Recent Market Pump
Arman Shirinyan Things are not so obvious with LUNC burning mechanism and pump it caused LUNC’s parabolic growth in the beginning of September was fueled by the proposal to include a 1.2% burnin...
Shiba Inu Increased the Burning Rate of Its Native Token in September
On 31st August, around 455,699 tokens were burned in just 24 hours. In August, the native token of Shiba Inu(SHIB) faced major burning initiatives as the need continued to flood in. From metaver...