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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...
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...
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...
19 Jun 2023 1 minute read 0 comments Fushuma
Note: This article was originally published under the Callisto Network blog. We are now evolving into Fushuma, a community-driven blockchain leveraging advanced ZK-Rollup technology for low fees and high throughput. In Fushuma, FUMA token holders d...
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...
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...
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...
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...
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...
9 Nov 2022 4 minute read 1 comment Mcthru
This wants to be an important lesson for the reader, who glimpses stellar returns in the crypto sector without glimpsing these small problems that arise slowly and become a giant bubble, which bursting reaping users (the victims). TERRA (luna) is a c...
