2021-11-15 11:22 |
More than 10% of the current burn supply was delivered by only one website
Similar to Notcoin - Blum - Airdrops In 2024
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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.
2021-11-11 01:03 | |
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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.
2021-11-10 17:00 | |
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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.
2021-11-5 03:41 | |
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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.
2021-11-5 03:06 | |
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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.
2021-10-28 16:00 | |
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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.
2021-10-27 15:16 | |
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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.
2021-10-26 05:30 | |
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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.
2021-10-23 18:17 | |
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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.
2021-10-19 19:17 | |
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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.
2021-10-17 22:23 | |
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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.
2021-10-6 19:30 | |
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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.
2021-9-9 11:00 | |
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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.
2021-7-29 16:16 | |
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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 […]
2021-7-23 22:38 | |
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Crypterium plans to burn 30% or over 30 million of CRPT total token supply in the next 24 months. This deflationary technique could impact the price of CRPT in the long run. Estonia-based Crypterim has announced its decision to speed up the burning rate of its platform token, CRPT.
2021-7-6 16:11 | |
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Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […]
2021-5-23 07:00 | |
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Ahead of the release of Swipe V2 white paper, Joselito Lizarondo, Swipe Founder & CEO who has also founded the BSC-based lending protocol Venus, shared his decision to burn all of his 60 million SXP.
2021-4-30 18:52 | |
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Earlier this week, Binance announced through a blog post that it had burned nearly 1. 1 million BNB tokens, which was worth $600 million at the time, in its latest quarterly burn. The total supply of BNB decreased from 170 million BNB to 169 million BNB.
2021-4-18 15:39 | |
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Binance exchange has given its native token holders another reason to celebrate holding BNB. In its latest quarterly BNB burn, the exchange has set a record with a total of 1,099,888 BNB wiped out from the total supply.
2021-4-17 00:23 | |
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BNB seems to be in the fifth wave of an ongoing bullish impulse. BNB Token Burn During its launch, Binance committed to burn 100 million BNB. The burning program involves the buyback and subsequent destroying of BNB tokens each year to reduce the total supply.
2021-4-17 21:00 | |
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According to the CEO of Binance, mid-April is when the 15th Binance Coin burn can be expected. This event reduces supply and is a long-term bullish development, although it is unlikely to impact priceThe post Binance Coin Price Analysis: 29 March appeared first on AMBCrypto.
2021-3-29 21:30 | |
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The chief technology officer (CTO) at Ripple, David Schwartz, has indicated that the community could force the San Francisco-based blockchain payments firm to burn its entire XRP cache. Ripple currently owns over 50% of the total XRP supply and releases one billion tokens every month in an attempt to expand the utility of the cryptocurrency. […]
2020-12-5 00:03 | |
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According to Ripple’s CTO, the community could compel the blockchain company to burn its… The post Community could force Ripple Labs to burn its XRP supply appeared first on Coin Journal.
2020-12-5 19:22 | |
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StrongBlock, a protocol designed to reward and reinforce the world’s expanding blockchain infrastructure, today announced new token economics and a strategy to bolster incentives for...
2020-11-12 07:29 | |
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After a successful Ignite campaign that started on July 31, the IoTeX platform has announced the beginning of Burn & Drop, a tokenomics schedule where 10 percent of IOTX total supply will be burnt and auto dropped to eligible stakers as per an update on Nov 3.
2020-11-6 19:32 | |
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Decentralized exchange and lending platform C. R. E. A. M. has revealed that it will carry out a token burn on Sept. 20. In an announcement, it stated that the burn will eliminate 6,075,000 CREAM tokens, making up 67.
2020-9-20 13:59 | |
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Today, Binance announced the twelfth quarterly burn of its native token Binance Coin (BNB) which was the largest ever yet, reducing about 3. 4 billion BNB from the circulation. Not only was this the largest ever burn in terms of BNB supply but also in USD value at $60.
2020-7-19 20:21 | |
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Binance recently announced that it conducted its 11th quarterly token burn totaling $52. 5 million worth of its native crypto, Binance Coin. The world’s largest cryptocurrency exchange by trading volume reported that nearly 3.
2020-4-21 20:26 | |
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According to Binance’s official announcement, the exchange was able to burn 3,373,998 BNB in its 11th quarterly burn. So far, this has been the biggest BNB burn, followed closely by its 4th burn at 2.
2020-4-20 19:36 | |
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Some of the TRON enthusiasts are accusing Justin Sun, TRON’s CEO, of lying about TRX’s fixed amount supply, with Misha Lederman calling on him to keep TRX at below 100 billion. A few TRON fans have expressed on Twitter their negative feelings about Sun and the deception they think he brought to their community. The […]
2020-2-4 00:17 | |
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Some in the community are accusing the Tron CEO of lying about the fixed amount of the TRX supply, Misha Lederman calls on Justin Sun to keep TRX under 100 bln
2020-2-3 17:33 | |
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Binance will no longer burn twenty percent of their profits after every quarter. The digital assets company had initially stated in the original whitepaper they would burn BNB every quarter until the existing supply had been cut by fifty percent.
2020-1-22 19:35 | |
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Changpeng Zhao, the founder of the Binance cryptocurrency exchange, believes the impact of its policy to “burn” its associated cryptocurrency is not fully understood by the market. Each quarter the trading venue destroys an amount of Binance Coin (BNB) and publicly declares the new circulating supply.
2020-1-19 16:30 | |
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Bithumb Global has officially announced the launch of Bithumb Coin, the token that will be the fuel of the Bithumb Chain. The initial supply will be of 300 million units but, through a burn program, the exchange aims to destroy 50 percent of the total supply.
2019-11-13 16:00 | |
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The altcoin known as Stellar (XLM) has been among the top ten list of crypto assets by market cap for some time, but has been among the least hyped of the bunch since the bear market first began in 2018.
2019-11-12 21:01 | |
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After the recent announcement that the Stellar Development Foundation (SDF) had burned roughly 55 Billion XLM, Charlie Lee took to Twitter to point out that based on the math, the SDF had actually increased their control of the coin’s supply by about 8%.
2019-11-7 08:34 | |
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Stellar Lumens’ total supply got cut in half, triggering a nearly 30 percent price increase. Now, based on technical analysis, XLM could be signaling a further advance. On Nov. 4th, the Stellar Development Foundation (SDF) shook the entire crypto community by announcing the decision to burn 55 billion Lumens, equivalent to over $4 billion.
2019-11-6 00:30 | |
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The Stellar Foundation (SDF) has burned 55 billion of the Stellar Lumens (XLM) tokens, more than half of the cryptocurrency supply, announced CEO Denelle Dixon at the Stellar Meridian conference on Monday.
2019-11-5 16:33 | |
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The Stellar Development Foundation’s (SDF) unanimous decision to burn XLM’s supply by half could spell troubles for the project, believes noted bitcoin maximalist WhalePanda. The anonymous trader on Tuesday said the cryptocurrency exchanges could start treating XLM as security, explaining that SDF showed excessive control over the blockchain asset when they cut down its supply.
2019-11-5 15:01 | |
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The XLM asset rallied immediately after a token burn event and a shift to lower inflation in new coin generation.
2019-11-5 14:25 | |
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Stellar’s XLM jumps by more than 30 percent in two days. The upside move came after the foundational body announced that they were burning the XLM supply. The rival community accused the Stellar CEO of orchestrating the XLM pump.
2019-11-5 12:07 | |
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Coinspeaker Stellar Foundation Burns 55 Billion XLM Tokens, Half of the Total SupplyLumens (XLM) token price jumped high as the Stellar Foundation decided to burn almost half of its total XLM supply.
2019-11-5 11:29 | |
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A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected? Stellar Pumps On Crypto Token Burn.
2019-11-5 06:00 | |
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On Oct. 17, leading cryptocurrency exchange Binance announced the 9th quarterly BNB burn of 2,061,888 BNB, equivalent of $36. 7 million. The removal of over 2 million BNB has only 187,536,713 left in the total supply, as per Coinmarketcap.
2019-10-19 17:58 | |
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Today, Binance exchange announced that they had completed their 9th quarterly BNB token burn in accordance with the token’s whitepaper. Over 2 million BNB worth around $36. 7 million was burnt during this process.
2019-10-17 14:00 | |
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Bitcoin was created with a fixed supply. It was, according to Satoshi Nakamoto, an anti-inflation measure. This way, there would be no mechanism to keep introducing more coins in the market. Ripple has followed the opposite route.
2019-8-8 22:58 | |
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Inflation is a favorite antagonist in the cryptocurrency community. Most investors are probably familiar with the graphs showing how much value the U. S. dollar has lost since 1933, when the Federal Reserve left the gold standard.
2019-7-24 19:02 | |
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Binance yesterday completed its eighth quarterly "burn" of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng "CZ" Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth […] The post Binance to Burn Over $2.
2019-7-13 04:30 | |
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Binance and its affiliates have had a stellar quarter with the launch of several new developments that were lauded by the community. Keeping with the script, Changpeng Zhao, the CEO of Binance recently tweeted that the company will be decreasing the total supply of Binance Coin [BNB].
2019-7-9 00:30 | |
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