Is LUNA worth buying after Terra votes to burn $4.5 billion in tokens?

Terra LUNA/USD is a blockchain network that was built through the usage of the Cosmos SDK. It specializes in the creation of stablecoins, and each Terra stablecoin is convertible into the network’s native token known as LUNA. дальше »

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Dfyn to burn $50 million worth of tokens and change vesting for investors

Dfyn Exchange, one of the earliest AMM DEXs built on Polygon has announced a new tokenomics upgrade to its DFYN tokens which would see over $50 million worth of the asset burnt by the network. The post Dfyn to burn $50 million worth of tokens and change vesting for investors appeared first on CryptoSlate. дальше »

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Terra (LUNA) price fluctuates after Terra votes to burn $4.5B worth of tokens

The price of Terra (LUNA) nearly reached a record high on Wednesday after immediately… The post Terra (LUNA) price fluctuates after Terra votes to burn $4.5B worth of tokens appeared first on Coin Journal. дальше »

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DogeMoon – The Deflationary Currency, 1.2% Burn per Transaction

Amid the recent meme coin and NFT hype, there have been quite a few projects that got investors FOMOing into any K-9 themed coin. The problem with most of these coins is that they have an inflationary supply which is bad news for long term holders. дальше »

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TRIBE AMA Session With BeInCrypto

A great strength of TRIBE is that every time we launch collections of celebrity NFTs a percentage of that sale will be used to buy back and burn $TRIBEX, therefore we are confident in an increase in price and decrease in supply in the long term. дальше »

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ETH burn rate and on-chain metrics show bullish signs, indicating a $10,000 rally in coming weeks

While bitcoin is still hovering around $60-61k levels, ethereum is hitting new all-time highs. The price of ETH rallied above $4,600 on Wednesday and reached a market cap of just under $550 billion. дальше »

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Dogs of Elon Burns $1M Worth of Tokens as Presale Nears End

In a recent announcement on twitter, the Dogs of Elon team burned $1m worth of tokens in their largest burn yet. A few days ago, Dogs of Elon burned $500,000 worth of $DOE to reduce the supply of the token. дальше »

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Ethereum Records First Consecutive Week Of Negative Supply Issuance

Ethereum is taking the first tentative steps towards being fully deflationary after it notched seven consecutive days of negative issuance. The burn feature introduced by the London upgrade had a role to play in the recent trend. дальше »

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Here’s All You Need to Know About Ether’s First Deflationary Week

Ether (ETH) may achieve a deflationary asset status sooner than expected, as more and more ETH continues to get burnt each day via the gas fee burn mechanism implemented during the London upgrade. Ether’s First Deflationary Week While Satoshi Nakamoto’s bitcoin (BTC) remains the world’s number one deflationary cryptocurrency, ether (ETH) is making steady progressRead More дальше »

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Cardano founder sets the record straight over talk of an ADA burn

Speaking over the weekend in a surprise AMA from Ethiopia, Cardano founder Charles Hoskinson called a viewer “another idiot” following his question about plans to burn ADA. The post Cardano founder sets the record straight over talk of an ADA burn appeared first on CryptoSlate. дальше »

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Dogs of Elon Burns 10 Million $DOE Tokens, Valued at $500,000

Today, the Dogs of Elon team announced on their telegram that they have burned 10 million $DOE tokens, worth $500,000. The team has provided an Ethereum transaction as proof of the BURN. What Is Dogs of Elon? Dogs of Elon ($DOE) is an emerging NFT and crypto project that is aimed at the meme coin […] The post Dogs of Elon Burns 10 Million $DOE Tokens, Valued at $500,000 appeared first on NullTX. дальше »

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Supply for Binance Coin set to decrease as BEP-95 seeks to burn BNB in ‘real time’

Binance has pulled a new trick out of its bag as it plans to introduce a real-time burning mechanism, Binance Evolution Protocol, BEP-95, to its Binance Smart Chain (BSC) network. The post Supply for Binance Coin set to decrease as BEP-95 seeks to burn BNB in ‘real time’ appeared first on CryptoSlate. дальше »

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Terra Network planning to burn over 9% of LUNA’s supply

The crypto market has been quite busy over the past month, not just in terms of bullish gains, but also in developments across major networks. Terra has been one of the networks striving to achieve value and has recently launched a token-burning initiative. дальше »

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Terra is preparing to burn more than 9% of the total LUNA supply

Do Kwon, co-founder and CEO of Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), recently announced on Twitter that the on-chain vote for the project’s proposal 44 will be initiated on Wednesday and will be in a voting period for two weeks. дальше »

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Terra Founder Sues SEC, Stablecoin Platform Is Burning $4 Billion Worth of LUNA Tokens

The algorithmically-governed stablecoin platform Terra is proposing to burn 90 million LUNA, worth $4 billion at current prices and about 10% of the total supply, in the community pool to mint UST stablecoin for the network’s insurance protocol Ozone. дальше »

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Burn-X: A New HyperDeflationary Token Ready To Revolutionize The Crypto Industry With Its Unique Token Burn Rules

Burn-X is the latest in a long series of innovative HyperDeflationary tokens intended to excite investors with their unique characteristics. Burn-X is the next revolutionary HyperDeflationary token in the crypto market. дальше »

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Binance 17th Burn Sees ~$640 Million Worth Of Crypto Taken Out Of Circulation

Binance has successfully carried out another quarterly scheduled burn. This marks the 17th routine burn that the cryptocurrency exchange has carried out since it had launched its native token back in 2017. дальше »

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Binance Just Took Over Half A Billion Dollars Worth Of BNB Completely Out Of Circulation In 17th Quarterly Burn

On Tuesday, Binance announced that it had burned 1,335,888 BNB valued at approximately $639,462,868. Coin burning is a process by which cryptocurrency miners or exchanges periodically take out a certain portion of coins from circulation to control price through supply restriction. дальше »

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ShapeShift hopes to create ‘rarest and most historical’ NFTs with 80% trading card supply burn

According to the exchange, it plans to retain 16 cards from the blockchain-based game Spells of Genesis to sell before 2022 and give the remaining 16 to its DAO. дальше »

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FUN Token Completes First Token Burn

The iGaming token kicks off deflationary blueprint with token burn and upcoming layer-2 token. FUN Token completed its first token burn on September 30, 2021, commencing its deflationary blueprint that includes quarterly token burns and the upcoming launch of layer-2 token XFUN. дальше »

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Value Of Ethereum Held By Miners Reaches Five-Year Record Levels

Despite the Ethereum burn introduced with the London hard fork, miners are still making a good amount of revenue from mining. For ETH, the balance held by miners had been dropping since 2016. This was mostly a combination of poor market conditions and miners selling their holdings to fund their mining activities. дальше »

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FUN token completes first token burn on 30 September

On September 30, FUN Token completed its first token burn, commencing its deflationary blueprint that includes quarterly token burns and the upcoming launch of Layer-2 token XFUN. For the first offThe post FUN token completes first token burn on 30 September appeared first on AMBCrypto. дальше »

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The Gravity Free token that’s taken over the BSC

A new and unique token is taking over Binance Smart Chain: Gravitoken, an autonomous, gravity-free rebasing community token with an automated token buyback with burn. It’s also equipped with an automatic liquidity pool algorithm, which guarantees that the supply price will keep rising until it reaches $1,337,000 per token. дальше »

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EAID To Burn 30M Tokens in Presale

EAID Has Decided To Burn 30M Tokens in Presale

The post EAID To Burn 30M Tokens in Presale appeared first on BeInCrypto.

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EAID Has Decided To Burn 30 Million Tokens In Presale

The Ekart token project has launched EAID as a support token. It is done to render remarkable support to the Ekart Inu token. And the good news is that the EAID token is blowing up right now! With cryptocurrency traders rushing to invest their money, a few are still standing with a vague idea about […] дальше »

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AdEx Network announces charity NFT Auction, ADX token burn, and a $6,000 prize

Today saw over 50 unique AdEx NFTs go under the hammer at a crypto auction as part of a broader drive to popularize NFTs and donate a part of the proceeds towards charitable causes, AdEx said in a release shared with CryptoSlate. дальше »

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OpenSea Bug Transfers Tokens to Burn Addresses, Over $100K Worth of NFTs Lost

Despite the success of the crypto market, the sector has found it hard to shake off the constant security issues that plague the industry. This week, the non-fungible token (NFT) space got a brutal reality check after NFT marketplace OpenSea was hit by a bug that destroyed multiple tokens. дальше »

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TNC Coin Will Burn 800 Billion Coins To Boost Ecosystem

TNC Group, known for their crypto M&A initiatives, and its subsidiary TNC Coin recently announced that the team will burn 80 percent of the coin’s total supply. This means that 800 billion TNC Coins will permanently be removed from the market. дальше »

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OpenSea NFT Marketplace Dominates Ethereum Burn Rankings

According to the ‘burn leaderboard’ published by Ultrasound Money, OpenSea rank as the greatest source of Ethereum burnt since the EIP-1559 London hard fork. The post OpenSea NFT Marketplace Dominates Ethereum Burn Rankings appeared first on BeInCrypto. дальше »

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The Flippening begins! On-chain metrics show peak accumulation and Ethereum burn rate is at 7.7 ETH per minute

The price of Ethereum shot up by more than 7% today, and at the time of writing this article, it sits at $3750, showing no signs of slowing down. We see extreme bullish behavior from all types of investors. дальше »

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SOL burn? Solana price hits $100 for the first time after mysterious ‘Ignition’ event revealed

Traders push their SOL/USD bids higher after Solana teases the community with “ignition,” a mysterious feature that will go live on Tuesday. дальше »

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Ether Price and Burn Unaffected as “High Severity” Bug Struck Ethereum Mainnet & Led to Chain Split

Ethereum had a chain split on Friday after a consensus bug hit the mainnet. “The bug was very similar to the one that caused the chain split in November of last year,” wrote Kelvin Fichter. This bug exploited the consensus bug that was fixed in Geth v1. дальше »

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What you need to know about Ethereum miners' coping mechanism after EIP-1559

The London hard fork on the Ethereum blockchain was activated on 5 August. Along with it came Ethereum Improvement Protocol (EIP) 1559 which initiated a fee burn mechanism for every transaction. AccorThe post What you need to know about Ethereum miners' coping mechanism after EIP-1559 appeared first on AMBCrypto. дальше »

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Terra sees a monthly burn of $185 million worth of LUNA tokens

LUNA, the native cryptocurrency of a project called Terra, recently saw a nearly 80% price surge over the course of the last week. The protocol, created by a team of developers from South Korea, even managed to surpass another leading project, Polygon (MATIC/USD), formerly known as Matic Network. дальше »

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NFT Gorillas Burned $90,000 Worth Of Ethereum Per Minute

The Ethereum upgrade introduced a mechanism that burns ETH every minute from transactions. Moreover, the recent frenzy and interest in NFTs have also taken the issue to another level. On 15th August 2021, the network recorded the highest burn rate of about 27. дальше »

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Kryptoin Files for Ethereum ETF with U.S. SEC

As new entrants join the American ETF race, the fire for cryptocurrency exchange-traded funds (ETFs) continues to burn brightly. On August 12, Delaware-based Kryptoin Investment Advisors filed with the Securities and Exchange Commission for an Ethereum exchange-traded fund. дальше »

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Ethereum (ETH) Transaction Fee Increase Accelerates Gas Fee Burn Rate

The latest surge in Ethereum gas fees has significantly increased the rate of excess fee burn on the network, briefly making ether (ETH) a deflationary asset. At the time of writing more than 26k ETH has been burned. дальше »

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Ethereum Continues To Maintain Momentum As Total ETH Burned Nears $100 Million

Ethereum’s new fee burn mechanism is almost at its one-week mark. Burn rate has now grown to a rate of 3. 88 ETH in the past 24 hours. So far, over 27,000 ETH has been burned from fees. Taking over $87 million out of circulation. дальше »

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Another price hike awaits Ethereum if this happens

Over the past three weeks, Ether has risen from $1,750 to $3,200-  which accounts for an 82% spike in value. As more and more Ether continues to burn, bullish sentiment remains high for the world's lThe post Another price hike awaits Ethereum if this happens appeared first on AMBCrypto. дальше »

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What is Behind the Rapid Ether Burn? $63.5 Mln ETH Burned in Less Than a Week

It is neither popular DEX Uniswap nor stablecoin USDT rather the NFT marketplace OpenSea which has overtaken as the biggest gas guzzler. The post What is Behind the Rapid Ether Burn? .5 Mln ETH Burned in Less Than a Week first appeared on BitcoinExchangeGuide. дальше »

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Ethereum Burn Rate Could Destroy $5 Billion Per Year

It has now been almost a week since the Ethereum London upgrade launched and over 20,000 ETH have been destroyed, giving analysts an estimation of a yearly burn rate. The post Ethereum Burn Rate Could Destroy $5 Billion Per Year appeared first on BeInCrypto. дальше »

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Report: Approximately 2M ETH will be burned in the next year

The recent London hard fork in the Ethereum network has positioned Ether (ETH/USD) as a deflationary asset by introducing a new burn mechanism. A week after the update, a report has disclosed that the Ethereum network will burn approximately 1. дальше »

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Is SHIB worth buying after the coin burn got delivered by developers?

The Shiba Inu SHIB/USD coin has seen an increase in value from the project’s very own developers, as they started a two-pronged strategy, where they added new pairs on decentralized exchange (DEX) ShibaSwap as well as a coin burn. дальше »

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Big Institutions Are Buying ETH for the First Time, Over 25% of Supply Already Used in Smart Contracts

Ahead of the London upgrade with EIP 1559 that will burn ETH and deplete Ether supply, as supply on exchanges continues to decline. The post Big Institutions Are Buying ETH for the First Time, Over 25% of Supply Already Used in Smart Contracts first appeared on BitcoinExchangeGuide. дальше »

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Crypterium Burns A Million Tokens

Earlier this month, Crypterium, a cryptocurrency bank, announced that it had set an ambitious goal to burn off 30% of its total token supply. This often happens when a blockchain or crypto-based project wants to adjust the current market supply of its native token, in this case, the native CRPT token. Now, roughly 2 weeks […] дальше »

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Binance Coin Bulls Throw In Mammoth Weight Following $400M Token Burn

Binance coin may be among the bunch that sends altcoins into a “green season. ” The fourth most valued cryptocurrency by market cap may be preparing to retrace its steps back to the top following its most recent burn. дальше »

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Tron-Based NFT Marketplace APENFT Burns $2.52 Million Worth of NFT: Details

Largest token burn event in the history of digital collectibles segment took place on Tron дальше »

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Binance Destroys Nearly $400 Million Worth Of BNB Tokens, But Price Fails To React

The world’s largest cryptocurrency exchange by trading volume, Binance, has completed its 16th quarterly token burn of close to $400 million U. S. dollars worth of Binance Coin (BNB). Nonetheless, the news has had no effect on BNB’s price. дальше »

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Binance ‘burns’ nearly $400 million worth of BNB

Major cryptocurrency exchange Binance has announced that it successfully completed the 16th quarterly token burn yesterday, removing $393.6 million worth of Binance Coin (BNB) from circulation. The post Binance ‘burns’ nearly $400 million worth of BNB appeared first on CryptoSlate. дальше »

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Binance Burns Almost $400 Million Worth of BNB

Crypto exchange Binance has burnt a considerable amount of its native token BNB under its 16th quarterly burn event. The world’s largest crypto exchange by trading volume burnt about 1. 3 million  BNB tokens worth around $393 million. дальше »

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