Token Burning

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BREAKING NEWS: Solabrador $SOBER Farms Opened & Supply Burn

6 Dec 2023 1 minute read 0 comments Soberchino

BREAKING NEWS Supply Burn Solabrador burned unused supplies in 5 transactions, this evening and the team have been delivering all day - partnerships, announcements, now this. The burned supply comes from: Tokens for liquidity Tokens for integration...

ROD coin burn and time-lock

9 Aug 2023 1 minute read 0 comments Walter Philips

  50 mln. ROD coins will be burned, and we'll be time-locking another 100 mln. coins Another piece of big news, everyone! We're excited to announce our plans to burn 50 mln. ROD coins, increasing scarcity and value for all holders. Additionally, we'l...

Binance's burning of billions LUNC tokens

6 Aug 2023 1 minute read 0 comments babesugarbunny

Binance has executed the burning of 1.31 billion Terra Luna Classic tokens, during the 12th cycle of the LUNC burn mechanism. And with this recent burn, the crypto exchange has now upped their total burn of LUNC to 37 billion. These tokens have all b...

What Is Burning Tokens in Crypto?

20 Jul 2023 5 minute read 0 comments CryptoManiaks

There’s lots of jargon in the world of crypto, and one of the phrases you often hear is related to people “burning tokens”.  But what does it mean to burn crypto? As dramatic as it sounds, you can probably guess that there’s actually no fire involved...

🔥 Igniting Growth: First Buyback and Burn Complete!

19 Jun 2023 1 minute read 0 comments Callisto Network

Our new buyback and burn policy is not just live; it's ALIVE AND KICKING! 🎉 We've completed the first two audits under this new policy, taking 20% of the audit fee to buy back CLO and burn them. The results? Check out the sizzling details: - Withdra...

NFT Trader Accidentally Burns CryptoPunk Worth Over $129K

27 Mar 2023 2 minute read 14 comments ZeroRequiem

Hey Peeps!     On March 24th, an NFT trader named Brandon Riley, who goes by @vitalitygrowth on Twitter, accidentally burned CryptoPunk #685 and destroyed the NFT forever.  Burning a digital asset involves sending it to a wallet address from which i...

All About BNB Burning

30 Jan 2023 1 minute read 3 comments Yugocean

     A sizable amount of BNB has been burned by Binance. This is not the first time Binance has been periodically burned BNB; this was the 22nd burn event. You must be wondering what benefit this burning has for Binance. Actually, BSC is stabilised b...

Does coin burning really work and why do developers need it?

28 Jan 2023 1 minute read 0 comments Lazy Bear

Against the background of the news that Floki Inu are going to burn as much as 1/3 of the tokens, I wondered if it was really effective? Let's look at the example of this news.Some newcomers think that by burning a token, you automatically raise its...

Why Tokens Are Being Burnt And How Is This Happening?

12 Dec 2022 3 minute read 7 comments SimpleSwap

Why do we love Bitcoin? It offered us something that traditional finance doesn't have.. BTC has a fixed maximum limit of 21 million coins. No one is able to create more tokens. This helps to keep the demand and value of "digital gold" high. But what...

How Much Bitcoin Is Really Lost?

18 Nov 2022 2 minute read 7 comments SeventyFourSeventyFive

(Disclaimer, this is not another article about keeping your keys safe.) Late last year cryptocurrency analyst Timothy Peterson said the number of Bitcoin lost per day is 1500 and that the total number of available Bitcoin will be around 14 million on...