Bitget plans to burn $120 million worth of BGB under new quarterly mechanism

2025-4-9 10:38

Bitget is set to burn more than 30 million BGB for the first quarterly burn of 2025. The crypto exchange has recently updated its burn mechanism according to on-chain usage. According to a press release sent to crypto.news on April… origin »

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Bitget sets to innovate gas payments with BGB token amid major 40% supply burn

Bitget Wallet will prioritize its native BGB token for multi-chain gas payments via its innovative GetGas feature starting January 2025, according to a Dec. 27 statement shared with CryptoSlate. This initiative is set to streamline operations across multiple blockchains, including Ethereum, Solana, BNB Chain, Polygon, Base, Arbitrum, Optimism, TON, and Tron.

2024-12-27 22:30


Floki Burns More Tokens Than Shiba Inu (SHIB), PEPE, Dogwifhat (WIF), and Other Top Meme Coins Combined

Floki, a popular meme-inspired cryptocurrency, has recently made headlines by burning an impressive 212. 86 billion tokens in just two weeks. According to a post by BITCOINLFG, this massive token burn, worth over $60 million at current prices, has solidified Floki’s position as the most deflationary meme coin in the market.

2024-3-14 23:30


Shiba Inu Burn Events Spark A Rally In Altcoin Over The Past Weeks

Shiba Inu community forecast a 111 trillion SHIB burn, which spurred holders of SHIB to be bullish. According to the Shiba Inu community, 111 trillion SHIB could be burnt in the upcoming year SHIB owners may have been anticipating a positive indication when they saw a large burn Crypto’s price is set to recover its losses, according to analysis of the SHIB chart’s rising formation Over the past two months, a surge in the meme coin has been brought on by the Shiba Inu burn events.

2022-8-25 12:55


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With Mike Bloomberg Out, What’s Next for Crypto in the US?

Billionaire Michael Bloomberg who previously advocated for clearer crypto regulations has dropped out of the race to win the Democratic ticket for the November 2020 U. S. presidential election. Bloomberg Drops Out After Super Tuesday Crash and Burn According to the Wall Street Journal (WSJ), Bloomberg, a former New York Mayor is the latest Democratic candidate to exit the race, while endorsing former U.

2020-3-4 21:00


Enraged South African Bitcoin Scam Victims Burn Down The House Of Alleged Scammer

You don’t mess with Bitcoin investors from Ladysmith or, maybe, well, you do, but your house gets torched. After several South Africans lost their money to a Bitcoin Ponzi scheme in the rural town of Ladysmith, they decided to torch the house of the alleged mastermind of the crime, Sphelele “Sgumza” Mbatha. According to reports, […]

2019-7-12 01:40


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A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed

A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds.

2018-11-22 00:34