In the last 24 hours, the cryptocurrency market cap saw net inflows of around $10 billion and currently stands at $1.09 trillion — up 0.89% from $1.08 trillion. Over the reporting period, Bitcoin and ...
Tag: Burns
LUNC Burns To Increase as Businesses Look To Adopt Terra Classic Payments SDK
Reducing the LUNC supply remains one of the community’s biggest goals. According to Dan Gerchovich, a community member who developed the software development kit (SDK), businesses want to integrate th...
Mysterious SHIB Whale Burns 30.47 Million Shiba Inu
Shiba Inu Community Sends 31.97 Million SHIB to Dead Wallet in 24 Hours. Mysterious SHIB Whale wipes out 30.47 Million SHIB in Major Burn Event. The Shiba Inu Community has continued its efforts to in...
Cremation Coin Burns 106M Terra Classic (LUNC) in One Transaction
The latest transaction brings the project’s total cumulative burn to nearly 200 million tokens in four months. Cremation Coin, a recently-launched project aiming to reduce the extensive supplies of cr...
Circle Begins USDC Redemptions as It Burns 314 million USDC: On-Chain Data
Following the unexpected collapse of Silicon Valley Bank on Friday, there were inquiries regarding the vulnerability of Circle, one of the leading companies in the crypto industry and the issuer of th...
TMS Network (TMSN) Surpasses Growth Projections During Presale, SHIB Accepted By Unstoppable Domains, LUNC Aggressively Burns Tokens
Advertisement     The TMS Network (TMSN) presale has captured all the bulls’ attention. After raising $2 million through a private seed sale, TMS Network (TMSN) has gr...
602M Shiba Inu Burned in a Day As Newly Launched Token Burns 592M SHIB
Over 602.60 million Shiba Inu (SHIB) burned in the past 24 hours, 591.92 million in one significant transaction. The Shiba Inu Community has made an impressive move by collectively sending an astoundi...
Circle Burns Nearly $650M, Recovers From Unprecedented Crash
USDC price dropped significantly following the fall of Silicon Valley Bank (SIVB). The USDC stablecoin had a $3.3 billion exposure to the collapsed bank. Circle engaged in a series of burns and mintin...
USDC depegs as Circle burns $2.34b in 24 hours
USD Coin (USDC) lost its $1 peg to the USD, trading to low as 81.5 cents on Mar. 11. Meanwhile, trackers indicate that Circle, the issuer of USDC, has burned $2.34b in the last day to meet increasing ...
Hot Tap Water Burns Thousands Of Americans Every Year—Even Killing Some. Researchers Say There Is A Cheap Fix
Topline Hot tap water seriously burns tens of thousands of Americans every year, according to research published in Injury Prevention on Tuesday, a costly drain on public resources researchers say cou...
Single Project Burns 51 Million Terra Classic (LUNC) At once
Cremation Coin Burns 51M+ Terra Classic, the Third Largest Burn This Year. The project’s total cumulative burn has skyrocketed to 93.6 million LUNC tokens. Cremation Coin just burned over 51 million T...
PancakeSwap Burns Tokens Worth $27M Before V3 Launch
PancakeSwap has burned 7,153,999 CAKE tokens as the decentralized exchange (DEX) prepares for the V3 launch scheduled in April. The DEX tweeted on Monday that it burned a total of $27 million worth of...
BabyDoge Burns 1 Quadrillion Tokens in One Transaction
The burned assets are worth an estimated $2.6 million. The BabyDoge team just burned up to 1 quadrillion tokens worth $2.6 million as part of its monthly campaign to support the burn initiative. The t...
Terra Classic V1.1.0 Upgrade Goes Live, Will Binance Resume LUNC Burns Today?
The upgrade took at least 7 hours to complete. The Joint Layer 1 Task Force has completed the Terra Classic v1.1.0 upgrade. Asobs, a community influencer, disclosed this in a tweet today, later sharin...
WBTC Supply Drops 15% as Celsius Burns 22,732 Tokens in Two Days
A Celsius-funded wallet burned 22,732 WBTC in two days. WBTC total supply falls to 153,164, the lowest since March 2021. Dwindling WBTC supply is linked to the challenges faced by the crypto industry ...
Proposal Passed to Bring Back Binance LUNC Burns
Terra Classic community members have passed a vital proposal to reintroduce Binance LUNC burns. Members of the Terra Classic community have passed a proposal that will guarantee the resumption of Bina...
Terra Classic( LUNC) Burns for the Week Exceed 6 Million
The latest Cremation Coin burn is the largest single LUNC burn transaction in three weeks. Cremation Coin, a recently-launched project, just burnt a total of 4.4 million Terra Classic (LUNC) in its la...
Someone Burns 64M Shiba Inu in One Transaction, 85M in 24 Hours
Over 85 Million Shiba Inu (SHIB) burned in the past 24 hours, 63.86 Million in a single transaction. Shiba Inu Community collectively removed a staggering 85,010,210 (85.01M) from circulation forever ...
BabyDoge Burns 33T+ Tokens Since Burn Portal Launch
The latest burns bring total cumulative burns to 203 quadrillion tokens, per data from the project’s official website. The BabyDoge burn campaign has witnessed significant momentum following the launc...
Binance Likely to Resume Terra Classic Burns as Community Passes Key Proposals
All proposals addressing Binance concerns have crossed the pass threshold. Binance will likely resume its initially-promised contribution to the Terra Classic (LUNC) burn initiative as the LUNC commun...
Shib Army Burns 98 Million Shiba Inu in a Week
Over 98.28 Million Shiba Inu (SHIB) burned in the past week, and 9.89 Million in the past 24 hours. Shiba Inu enthusiasts collectively removed a whopping 98,282,540 (98.28M) SHIB from circulation thro...
NFT marketplace Blur.io burns 252 ETH to hit top of burn leaderboard
Ad NFT marketplace aggregator Blur.io has surpassed Uniswap, OpenSea, and Etherum transactions as the top ETH burner over the past 24 hours. Data shared by Access Protocol CEO Mika Honkasalo from Ultr...
Tether USDT Stablecoin Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
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Burns & McDonnell Arm Launches Unique Cybersecurity Service For Critical Infrastucture
Cybersecurity all hours of the day, all days of the year — no holidays. getty It may not have the impact of a Super Bowl play, but a new service from 1898 & Co., the consulting arm of Burns & ...
Bored Ape Owner Burns $169K NFT to Move It From Ethereum to Bitcoin
A valuable digital collectible was permanently removed from circulation over the weekend, as its owner aimed to symbolically shift the asset’s underlying blockchain from Ethereum to Bitcoin. The colle...
Ed Kim Introduces Signal Proposals To Bring Back Binance LUNC Burns
If the community approves, developers will consider these “optional” features for Terra Classic v1.1.0. In a tweet yesterday, Terra Classic core developer Edward Kim introduced three signal proposals ...
Crypto investor burns a Bored Ape for a Bitcoin Ordinal equivalent
Ad On Feb. 12, Jason Williams tweeted he had burned Bored Ape #1626 for a Bitcoin Ordinal equivalent. “The NFT community is moving to BTC, where Ordinals have brought true scarcity to collectibles,” h...
102M Shiba Inu Burned in a Week, CryptoCom Burns 34M
Shiba Inu Community Burns Over 102 Million SHIB in a Week; Crypto.com’s User Makes Biggest Contribution. The Shiba Inu Community continues to make headlines in crypto as they burn millions of tokens w...
Upgrade That Could Guarantee Resumption of Binance LUNC Burns Goes Live
Terra Classic v1.0.5 upgrade goes live. The Terra Classic network has successfully upgraded to v1.0.5. Popular community influencer and network Validator Classy took to Twitter to disclose this on Sun...