1.15 Billion SHIB Burned in 24 Hours, While 600 Million Target Set for Burning in 10 Days

Yuri Molchan While the SHIB army has destroyed over 1.15 billion SHIB in past 24 hours, this Shiba Inu-related business prepares another burn party for April 3 Since yesterday morning, the SHIB commun...

Cardano (ADA) Is Latest Crypto Asset to Consider Burning Mechanism

Cardano might soon have a token-burning mechanism. That’s what information contained in its recent status updates seems to suggest.  The status update, which is part of a new initiative by the company...

Cardano Might Be Exploring Options for Token Burning per Latest Updates from IOG: Details

According to the latest status updates shared by IOHK, Cardano might be exploring options for token burning. “Burning” crypto means permanently removing a number of tokens from circulation...

Close to 600 Million SHIB Prepared for Burning Today, 33 Tokens Destroyed Within 24+ Hours

Yuri Molchan Over half a billion Shiba Inu will be destroyed later today, while almost 33 million SHIB have been incinerated in the last 24 hours in an attempt to impact the price The Shiba Inu commun...

SHIB Might Spike to $0.01 Due to These Factors Besides Burning per Shibburn Business: Details

Tomiwabold Olajide Here are factors that might bring SHIB to $0.01 per Shibburn business besides burning As per Shibburn Twitter, although many SHIB burns are happening, it still remains far from maki...

Russian national, Olive Allen, Burning passport will donate to Ukraine’s relief funds

Olive Allen, a Russian native and artist who has lived in the United States for over 11 years, has burned her home country’s passport in order to raise awareness and funds for Ukraine’s cu...

Russian national will use sales of her burning passport NFT to support Ukraine

Olive Allen, a Russian national and artist who has lived in the United States for more than 11 years, has burned her mother country’s passport in the hopes of raising awareness and funds related to th...

Founder of SHIB Burning Business

Yuri Molchan CEO of this SHIB burner has revealed how much SHIB the community roughly plans to destroy to push the price up Disclaimer: The opinion expressed here is not investment advice – it is prov...

Will MATIC’s Burning Mechanism Help Polygon Stay on Top?

According to Footprint Analytics data, as of Feb. 7, Ethereum has burned 1,778,834 ETH since the London upgrade in August, equivalent to $5.5 billion at current prices. Polygon also announced the impl...

Crypto & Valentine’s Day: Survey Suggests There’s $1B+ In Burning Desire For Digital Assets

Next week is Valentine’s Day – a day for romance, love, flowers… and crypto!? According to a new survey, some of the money put toward gifts this year might make its way into Bitcoin and altcoins. And ...

SHIB Plunges 27%; Burning Another 75.8 Million Tokens Doesn’t Help Price Hold

Yuri Molchan Shiba Inu stumbles by almost 30 percent, while the community continues to burn SHIB tokens Twitter account @shibburn has spread the word that in the past twenty-four hours another large a...

Vitalik Buterin explains the rigorous process of burning $6B worth of SHIB

Last May, developers behind the Shiba Inu meme token sent 50% of the entire coin’s supply to the co-founder of Ethereum, Vitalik Buterin. However, Buterin did not HODl these coins, but instead donated...

Polygon also starts burning MATIC tokens

As of Tuesday, 18 January, after testing it on the Mumbai testnet, EIP-1559 is also active on the Polygon mainnet, and has therefore begun to burn MATIC tokens.  EIP-1559 also on Polygon A few months ...

Polygon Starts Burning MATIC Tokens After Successfully Implementing Ethereum (ETH) Update

The layer-2 scaling solution Polygon (MATIC) has successfully implemented a much-publicized Ethereum (ETH) update and is now burning native MATIC tokens. Ethereum Improvement Proposal 1559 (EIP-1559) ...

What is Coin Burning & The Proof-of-Burning

Coin Burning refers to the process of eliminating coins from circulating supply permanently. Coin Burn results in reduced supply and increased price, serving its motive. Every cryptocurrency can be bu...

STREAM CEO Michael Ein Chaybeh Speaks On Stream Coin Burning Among Other Updates

Advertisement &nbsp &nbsp STREAM is a blockchain-based, multi-streaming company that gives creators 100% control of their content. In its existence, the live stream platform h...

Cryptocurrency Burning Definition

What Is Cryptocurrency Burning? Cryptocurrency burning is the process in which users can remove tokens (also called coins) from circulation, which reduces the number of coins in use. The tokens are se...