The USDc market cap is down from $44 billion last month to $38 billion with $4.7 billion of it burned just on Friday according to blockchain data. “4.7B USDC have been burned by Circle and Coinbase wi...
Tag: Burns
Floki Inu Burns Over 5 Trillion Tokens After Disabling Its Main Cross-Chain Bridge
Floki Inu has burned a whopping 5.1 trillion tokens in two transactions. In a tweet yesterday, the team shared proof of the transactions showing that 5.1 trillion tokens were sent from both the BNB S...
Weekly Shiba Inu Burns Look Feeble, But SHIB Burn Rate Jumps 150% Overnight
Yuri Molchan Less than $1,000 worth of Shiba Inu tokens have been excluded from supply in circulation over last seven days Over the last week, the Shiba Inu community managed to remove around 50 milli...
DebtDAO burns 18 million controversial FUD tokens
The controversial FTX User Debt (FUD) token issued by unknown ‘DebtDAO’ soared in price to unexpected heights on Monday, resulting in a decision to burn 18 million tokens to bring its value back down ...
BABYDOGE Up 19% As Team Burns 682 Trillion Tokens at Once
The tokens burned are estimated to be worth over $1 million against prevailing rates. The BabyDoge (BABYDOGE) community continues to champion token burns to provide support for the asset, as the team ...
Shiba Inu (SHIB) Starts New Year with 1.12 Billion Token Burns in January
Shiba Inu (SHIB) kicks off the New Year with a BANG! Over 1.12 Billion Shiba Inu (SHIB) has been destroyed in the month of January 2023. Shibburn.com recently released the monthly SHIB burn figure for...
Terra Classic Project Burns 16 Million LUNC Tokens, Becomes Top Burner
Terra Classic project Cremation Coin burned 16,455,507 LUNC tokens on Tuesday. With the latest burn, the newly launched project has burned over 28.6 million LUNC tokens in less than a month. Validator...
Fed Burns Half a Trillion – Trustnodes
The Federal Reserve Banks have reduced their total assets by half a trillion since April, down from $8.96 trillion to $8.47 trillion. That’s the biggest contraction ever in absolute terms, but percent...
BabyDoge Community Burns 33T Coins in 24 Hours Without Burn Portal
The burn portal would expedite BABYDOGE burns by incentivizing users to incinerate tokens. The BabyDoge community continues to sustain the project’s burn campaign, as over 33 trillion tokens were rece...
New Project Burns Over 16M Terra Classic (LUNC) At Once
The latest burn brings Cremation Coin’s total burns to 28.6M LUNC in less than a month. The Terra Classic (LUNC) burn campaign is receiving support from all corners, as Cremation Coin – a newly-launch...
Binance Burns Over 16 Million BNB Tokens, Price Jumps
Binance CEO Changpeng “CZ” Zhao on Sunday announced the Binance team has burned over 16 million BNB (ERC-20) tokens. Crypto exchange Binance is converting the ERC20 version of BNB to the native BEP2 v...
Binance burns 16m worth of BNB tokens; transitions from the ERC20 version of BNB to BEP2 – Cryptopolitan
The Binance team declared on Sunday that it had burned more than 16 million BNB (ERC-20) tokens. The crypto exchange also revealed that it is migrating the ERC20 version of BNB to the native (BEP2) ve...
Binance Burns 16M BNB Tokens Converting ERC20 to Native BEP2
26 mins ago | 2 mins read Exchange News In only 24 hours, the BNB price rose to $315, an almost 2% increase. Binance CEO CZ asked sceptics to refrain from spreading FUD. On Sunday, Binance CEO Changpe...
Binance Likely To Resume LUNC Burns As This Proposal Passes
The Terra Classic chain will upgrade to v1.0.5. The Terra Classic community has passed proposal 11310 to upgrade the chain to v1.0.5. As Terra Classic core developer Edward Kim highlighted, the most c...
6 Scotch Whiskies For Your Burns Night Celebration This January 25
Scots across the world annually celebrate on January 25th the life of Robert Burns, the country’s … [+] most famous bard, with recitations of his poetry, the eating of haggis and imbibing ...
Unknow Wallet Burns 108M Shiba Inu After Unstaking From ShibaSwap
Anonymous wallet burns millions of Shiba Inu. The mysterious wallet unstaked 108.47 Million Shiba Inu (SHIB) from Shiba Inu DEX Kwon as ShibaSwap and send to the “Null Address” permanently removing th...
Can Token Burns Drive up Price?
The cryptocurrency market is closely monitoring the performance of Cardano (ADA) as the altcoin is considered a strong contender in the upcoming bullish market cycle. Despite being currently below its...
Wallet Holding 293B Shiba Inu Burns 23M SHIB
– Advertisement – Mysterious wallets are burning millions of Shiba Inu on daily basis. Over 26.04 Million Shiba Inu (SHIB) burned in the past 24 hours. A mysterious Shiba Inu Whale holding...
Binance Can Continue LUNC Burns if This Proposal Passes
– Advertisement – The Terra Classic network is yet to fulfill all the conditions set by Binance to continue LUNC burns. Proposal 11310 to upgrade to v1.0.5 needs to pass the governance vot...
Unknown Wallet Burns 10 Million Shiba Inu in One Transaction
– Advertisement – Millions of Shiba Inu keep on burning. A significant amount of Shiba Inu (SHIB), over 12.94 million, has been eliminated in the past day, with 10 million being eradicated...
Crypto Exchange Binance Burns Over $575,000,000 in BNB Following Token Update
The chief executive of the world’s largest crypto exchange by volume says that the platform has torched $575 million worth of its native asset in its latest quarterly burn. In a new blog post, Binance...
BNB Chain Burns $500M In Tokens, Crypto Daily TV 18/1/2023
In Todays Headline TV CryptoDaily News: BNB Chain burns over $500M in BNB tokens. BNB Chain has completed the burn of over $500 million worth of its native BNB tokens as part of a broader program. Ove...
Shiba Inu Burns Rise With Price, As 50M Shib Burnt in a Day
– Advertisement – Shiba Inu’s daily burns are on the rise. Over 52.28 Million Shiba Inu has been burned in the past 24 hours as SHIB becomes the biggest gainer in the top 20 cryptocurrenci...
Binance Burns $620 Million Worth Of BNB, Massive Rally To Follow?
Binance completed its 22nd burn round, removing 2.064 million BNB tokens from circulation. The massive token burn amounts to $620 million, according to the price at the time of the burn. Through these...
Binance burns 2 million BNB worth $621m
Binance has burned over 2 million BNB, valued at $621 million, in its 22nd quarterly auto-burn exercise. The latest burn transaction includes 7,181 BNB from the platform’s Pioneer Burn Program, and br...
Binance Burns Over 2 Million BNB Tokens, Massive Rally Next?
The world’s largest crypto exchange Binance burned 2,064,494.32 BNB tokens in the 22nd quarterly token burn mechanism, the exchange said on Tuesday. Binance aims to reduce its circulating supply to 10...
Unknown Wallet Burns 36.42M Shiba Inu in One Transaction
– Advertisement – Over 36.42 Million Shiba Inu (SHIB) has been burned by the Mysterious Wallet in a Single Transaction. Shibburn.com recently reported a transfer of a whopping 36,423,403 (...
Binance Burns $620 Million Worth of BNB
The world’s largest cryptocurrency exchange continues with its goal to reduce the overall BNB in circulation to 100 million. To do so, the company announced completing the 22nd burn of its native toke...
SHIB Surpasses WBTC: Shiba Inu burns at 5,761% rate
SHIB rate jumped to 5,761%. The mem coin surpassed WBTC in volumes on Ethereum. ETH whales have been gobbling up SHIB. The trading volume of the asset somehow affects its price, and lately, the indus...