In support of the burn tax proposal from the Terra Classic (LUNC) community, MEXC will launch a time-limited burning event for spot trading fees for LUNC/USDT and LUNC/USDC – Starting September 3, 10:...
Tag: Burning
MEXC Announces Support for LUNC Upgrade and Burning of LUNC Spot Trading Fees – crypto.news
In support of the burn tax proposal from the Terra Classic (LUNC) community, MEXC will launch a time-limited burning event for spot trading fees for LUNC/USDT and LUNC/USDC – Starting September 3, 10:...
MEXC To Support the LUNC Upgrade and Burning Proposal
In support of the burn tax proposal from the Terra Classic (LUNC) community, MEXC will launch a time-limited burning event for spot trading fees for LUNC/USDT and LUNC/USDC – Starting September 3, 10:...
Cardano Creator Charles Hoskinson Clarifies Crypto Project’s Position on Burning ADA To Reduce Supply
The creator of smart contract platform Cardano (ADA) is clearing the air on the crypto project’s stance on burning tokens. In response to a social media user who had accused him of “ignorance,” Charle...
Charles Hoskinson Says Burning ADA Would Mean Stealing It from Holders, Here’s Why
Yuri Molchan Cardano founder explains why ADA burns cannot be done despite persistent requests from some in the community Contents Here’s why no ADA can be burned SHIB army burns tokens regularly Foun...
Cardano Founder Says Burning ADA Would Require the Coins to Be Taken From Investors and Destroyed
– Advertisement – Charles Hoskinson has reiterated that there is no chance that Cardano will burn ADA supply to boost its value. His comments come after a Cardano enthusiast slammed him f...
Burning Billions of SHIB Daily Definitely Possible with Amazon, Here’s How: SHIB Burner
Yuri Molchan Owner of this progressive SHIB burner believes that SHIB army can easily burn billions of SHIB via Amazon @shib_superstore Twitter user, which is the handle of Travis Johnson, game develo...
Amazon Has “Had Serious Impact” on Burning SHIB on This Platform in August: Details
Yuri Molchan Amazon has made substantial contribution to burning SHIB tokens in August for this Shiba Inu burner This Shib burn platform has stated that, in August, a significant contribution to burni...
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...
Amazon “Remains Strong” for Burning SHIB: Innovative SHIB Burner
Yuri Molchan This SHIB burn platform keeps burning via e-commerce giant, says it “is remaining strong” for burns, here’s how Twitter account @shib_superstore, which represents the on...
Celsius is Burning Money but Still Can’t Sell its Mined Bitcoin
Celsius reckons it could mine 15,000 BTC next year, worth around $362 million at current prices The embattled lender could use the proceeds for anything other than creditor repayments, a bankruptcy la...
SHIB Burning Spree On Coinbase
24-hour active addresses across SHIB’s ecosystem dwindled SHIB gained by 3.12% over the last 24 hours SHIB burn rate was up by 24.20% The crypto market’s most recent recuperation endeavors have pushed...
One Year After Burning Mechanism Launched, 2.5 Million Ethereum Worth $5B Burnt, Is ETH Becoming Deflationary?
– Advertisement – About 2.1% of Ethereum’s circulating supply has been burned since the London hard fork. A look at Watch the Burn, a platform that offers real-time data on Ethereum’s bu...
Lowering Shiba Inu Burning Rate Putting Community in Distress
Shiba Inu is making efforts to stay relevant into space yet lagging behind due to the slow pace of SHIB burn. Shiba Inu tokens had faced significant criticism for their quantity from their very ...
SLP saw a hike in burning rate, but will that really be enough
On 14 July, the leading play-to-earn platform, Axie Infinity, announced the launch of its campaign, “Lunacian Summer.” According to the announcement, the campaign, which will span 50 days, will allow ...
These new ETFs are burning the midnight oil to make investors money
Two new ETFs out this summer are working the overnight shift. The NightShares 500 [NSPY] and NightShares 2000 ETFs [NIWM] are doing something no ETF has done before: Take advantage of the so-called &#...
The Global Markets Are Burning, Crypto To See More Downfall: Here’s Why?
It’s been a week since Bitcoin is back in its $19,000 price range, as the currency could not hold on to the $20,000 price range for long. Now, It’s the fifth time that the flagship currency has droppe...
Why Burning Gnox Token Is A Massive Leap Into A Balanced Ecosystem
Newcomer GNOX continues to successfully pave the way while bearish sentiment weighs on investors. Revolutionary DeFi solution GNOX closed its first presale on June 12 with a massive token burn event a...
Can Shiba Inu burning help traders see morning start on the price chart
Shiba Inu like all the other altcoins has been following the broader market cues. And, its volatility has always been a matter of concern for investors. However, one interesting thing to note about S...
Luna Classic (LUNC) Will Never Hit $0.01 Despite Burning! Here’s Why – Coinpedia – Fintech & Cryptocurreny News Media
FatMan recently took to Twitter to express his contempt for those attempting to dupe investors into purchasing LUNC by circulating false rumors about the token. He thinks that the token will not ever ...
A Case Study of CET’s Repurchase & Burning Mechanism
In the crypto market, though most cryptocurrencies share similar underlying technologies, they are designed based on different economic models known as tokenomics. To be more specific, some cryptos fe...
ShibBurn – Shiba Inu burning coin portal
While Shiba Inu has no often scheduled SHIB burns through its tokenomics or WoofPaper, it currently has the Shiba Inu burn portal that may facilitate token burns. 1st free on Apr 23, it’s already see...
New Terra Luna Classic Burning Proposal Get 93% Votes In Favor, Supports 35% LUNC Fee Burn, 5% For Development
– Advertisement – A proposal to further increase the LUNC burning rate has gained heavy support. The Terra community has been working hard to come up with viable options to save the ecos...
A New Terra USD (UST) Validator To Transfer 10% Commissions To UST Victims And Support All Burning Proposals
– Advertisement – The famous Terra community warrior, FatMan, is launching a Terra 2.0 validator to compensate UST victims and boost community governance. After weeks of exposing TFL and D...
What could be the ill effects of extreme burning the Shiba Inu on the memecoin?
Theory of cryptocurrencies burning leads to making it deflationary and scarce is all good, but there are possibilities if extreme burning could end up worse. One of the leading and most popular memeco...
278 Million LUNA Burned Since Do Kwon Posted Burning Address
Gamza Khanzadaev People keep sending their tokens to dead address, 25 million LUNA gone in 24 hours On May 21, Do Kwon, the CEO and founder of the now infamous Terra, posted in a Twitter conversation ...
Burning gas to produce electricity is ‘stupid,’ the CEO of power giant Enel says
Enel CEO Francesco Starace photographed in 2019. In an interview with CNBC on May 24, 2022, Starace said “you can produce electricity better, cheaper, without using gas.” Giulio Napolitano...
Terra Revival Plans Fail to Execute! Do Kwon Doesn’t Support Burning LUNA Tokens
Terra’s collapse has affected several projects and migrated to different blockchain ecosystems for survival. Near Foundation also had played its part by onboarding Tracer, a lifestyle app, and Web3 fi...
Do Kwon Advises Against Burning LUNA Days After Sharing a Burn Address
Earlier this month, the crypto industry suffered a huge setback after Terra’s algorithmic stablecoin UST depegged from the US dollar and caused LUNA to lose 99.9% of its value. Shortly after the crash...
This Top Crypto Exchange Offers To Support Burning Terra (LUNA)
Crypto exchange MEXC has asked its users to vote on whether the exchange should support recent plans to burn Terra (LUNA) tokens. The exchange announced the move late-Sunday, stating that all of its u...
Terra’s Do Kwon Doesn’t Support Burning LUNA Tokens
Alex Dovbnya Terra’s Do Kwon says burning tokens is a bad idea In a recent tweet, Terra creator Do Kwon said that burning LUNA tokens wasn’t a good idea. Although he did provide users with a bur...