2023-7-2 11:26 |
The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network.
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The Shiba Inu burn rate has witnessed a significant decline over the last day as the amount of tokens sent to the burn wallet dropped drastically. This development is alarming given the that there had been a marked increase in the number of burned tokens over the last week, raising questions about the reason behind […]
2024-3-14 20:00 | |
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A token burn is the destruction of a certain amount of tokens (or coins) in order to reduce their number in circulation. This method is successfully applied by crypto projects, traditional businesses, and even global corporations (for their shares).
2018-8-16 16:05 | |
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Crypto risk management and inheritance platform Digipulse announced the total burn of all DGPT tokens at the end of 2018, citing speculation-driven fluctuation in token price as the key driver behind the complete elimination of the Digipulse token model.
2018-8-7 10:00 | |
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OptiToken has executed the first cycle of their buy and burn protocol, sweeping up a total of 91,167 OPTI tokens on the BTC-Alpha exchange. The action had an immediate and dramatic affect on the token price, increasing the value of OPTI on the exchange by approximately 400%. The OptiToken buy and burn feature – as […]
2018-8-6 17:34 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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One kind of token model that has become popular among many recent token sale projects is the “network medium of exchange token”. The general pitch for this kind of token goes as follows. We, the developers, build a network, and this network allows you to do new cool stuff.
2018-7-21 23:03 | |
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Binance CEO Changpeng Zhao (CZ) has released a ‘Recap’ of the popular exchange’s quarterly ‘coinburn’. For this quarter’s burn, Binance will be rebuying and destroying 2. 5 million of their native BNB tokens, worth approximately $32 million.
2018-7-19 03:38 | |
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In a recent LinkedIn Pulse post, the CEO of Binance, Changpeng Zhao, revealed that the exchange is set to burn at least 2. 5 million BNB tokens (Binance tokens) this quarter, valued at over $32 million.
2018-7-18 16:29 | |
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Binance CEO Changpeng Zhao (CZ) has released a ‘Recap’ of the popular exchange’s quarterly ‘coinburn’. For this quarter’s burn, Binance will be rebuying and destroying 2.
2018-7-18 02:51 | |
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International, multi-language cryptocurrency exchange behemoth Binance has officially announced the fourth quarterly coin burn of its in-house Binance Coin token (BNB). The announcement comes via Binance’s founder and CEO, Changpeng Zhao, on Twitter — where the business executive wrote: @binance is doing a final tally on the numbers, and will announce our 4th quarterly burn in the next day or so, and finish the burn within a couple days after that.
2018-7-16 16:00 | |
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The Binance cryptocurrency exchange, which is rated tops by CoinMarketCap for its daily volume, is set to have another token burn on the 18th of July. Coin burning has to do with teams sending tokens to a wrong/invalid wallet address which cannot be accessible by anyone.
2018-7-6 01:30 | |
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Imagine (if you can) a much-hyped cryptocurrency startup. After a successful ICO, the company decides to burn some of its tokens, thereby limiting circulation and raising the price. Suppose further that some executives decide to trade on the information, by dumping their tokens as the price spiked.
2018-6-14 17:19 | |
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Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.
2018-7-21 04:03 | |
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This measure is intended to counteract the influx of spam and irrelevant proposals submitted for voting within the Terra Classic community.
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities.
The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra.
Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and LUNA initiatives.
The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted.
Terraform Labs suggested that South Korean prosecutors may be 'overreaching their authority' arguing that Luna Classic isn't legally a security The post Terra Spokesman Argues ‘Luna Classic has Never Been a Security’ Amid Legal Trouble appeared first on BeInCrypto.