BNB Reaches New All-Time High in Anticipation of Quarterly Token Burn

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. дальше »

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Record $600M BNB burn suggests Binance made $750M in profit in Q1

Binance burned $600 million worth of BNB in Q1 2021, which means Binance possibly made over $750 million in profit.

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Binance Burns Record $595.3 Million Worth of BNB, Reaching New Milestone

Leading crypto exchange Binance has reported another scheduled quarterly burn of BNB – this time destroying a record worth of BNB is USD дальше »

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Binance провела сжигание токенов BNB почти на $600 млн

Криптовалютная биржа Binance осуществила пятнадцатое квартальное сжигание токенов Binance Coin (BNB). Из обращения выведено 1 099 888 BNB ($595 млн на момент проведения операции). #Binance Completes 15th Quarterly #BNB Burn🔥🔥 A record $595. дальше »

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BNB Flying to Achieve $100 Bln Market Cap Ahead of Coin Burn & Amidst ‘BSC DeFi Summer’

Is BNB setting the stage to replace Ether as the second-largest digital asset or acting as another funnel for ETH DeFi? The post BNB Flying to Achieve 0 Bln Market Cap Ahead of Coin Burn & Amidst ‘BSC DeFi Summer’ first appeared on BitcoinExchangeGuide. дальше »

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NFT Livestream: Watch Original Painting Burn as NFT is created by world-renowned Marvel & DC Comics Artist Rob Prior

On April 28th, Mogul Productions and Untraceable Events will host a special event for crypto enthusiasts and newbies alike to join famed Marvel and DC Comics artist Rob Prior and other special guests to discuss the sudden rise and popularity of NFTs in the entertainment industry. дальше »

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Bancor (BNT) Unveils $vBNT Burner to Boost User’s Lending Power

Bancor (BNT) has announced the introduction of the Bancor Vortex ($vBNT) burn program, which is designed to use five percent of swap fees on the protocol to purchase and burn the vBNT token. This way Bancor’s total value locked (TVL) will continue to rise over time, as swap volume increases, according to a blog postRead More дальше »

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Bancor Now Burns BNT with Every Swap With The Vortex Burner (vBNT) Launch

The Bancor Vortex vBNT burner is now live, announced by the team on Monday as the Bancor Vortex Burner gets deployed on the Ethereum mainnet. Under this new feature, the burner will collect 5% of swap fee revenue and uses it to buy and burn vBNT. дальше »

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Bancor releases no-liquidation lending with Vortex as AMMs continue diversification

Bancor introduced a complex but useful lending and token burn mechanic through its vBNT token.

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Binance Coin Price Analysis: 29 March

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. дальше »

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Cryptos and NFTs Take Their Foot off the Gas – How Using POS Chains Can Save Huge Amounts of Energy

Cryptos are rarely out of the news these days, but no more so than Ethereum, which is burning up the news headlines, as quickly as it can burn up the gas (mostly for NFTs, which are having a moment, and for its exorbitant transaction fees), and then, of course, there’s the king of crypto, Bitcoin […] дальше »

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Klever (KLV) To Hold Its KFI Mining & KLV Burn For Three Days

Klever (KLV) blockchain shares an update on its KFI mining program. Here's how KLV holders can join the platform's governance дальше »

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“Dark Horse”: BNT Burn Is Around the Corner As A Swiss Bank Embraces Bancor

Bancor, the automated market maker, accounting for 5% of the decentralized exchange (DEX) volume, saw its TVL (total value locked) doubling to $1. 66 billion and breaking into the top 10. Maker is at the top spot with more than $7 billion in TVL, followed by Compound and Aave at $6. дальше »

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Zilliqa (ZIL) burn sees 3 million coins removed from circulation

Since the Zilliqa network executed its token burning, more than 3 million Zilliqa coins (ZIL) have been taken out of circulation. The move is a deliberate one to make the coin a bit scarce and more valuable. дальше »

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Burned Banksy NFT Sale Captures Close to $400K, Critics Claim Buyers Are ‘Morons’

On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. дальше »

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Burn Ethereum Fees: EIP1559 Accepted into the London Hard Fork, Coming This July

“Always” burning or destroying the base fee will cement the economic value of ETH within the Ethereum platform and create a positive feedback loop for Ether price. The post Burn Ethereum Fees: EIP1559 Accepted into the London Hard Fork, Coming This July first appeared on BitcoinExchangeGuide. дальше »

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CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team

PRESS RELEASE. Hong Kong, February 23, 2021 – CoinEx, a global and professional cryptocurrency exchange service provider, announced on last Saturday that it has finished a historic burn of 1.08 billion locked CoinEx Token (CET) allocated to the CoinEx team for team building and market development at one time. This CET token burn is the […] дальше »

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Crypto.com Coin (CRO) surges 70% on massive token burn announcement

Crypto. com Coin recorded a massive price gain as the project changed how they approach CRO staking and announced a massive token burn. What should you expect next, and should you buy some CRO now? Fundamental analysis: CRO poised to enter the market cap top10? Crypto. дальше »

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Pundi X (NPXS) gains 102% ahead of testnet launch and token burn

PundiX (NPXS) gained 102% as the project prepares for a testnet launch, staking and possible DeFi integration.

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Three Reasons Why Binance Coin (BNB) Just Hit $100

Binance Coin (BNB) is up over 130 percent since its latest quarterly token burn дальше »

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Gas fee proposal could create ‘positive feedback loop’ for ETH price: Grayscale

Grayscale believes EIP-1559, a proposal to burn Ethereum gas fees, could be extremely bullish for Ether’s price.

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Mark Cuban issues burn notice on offensive ENS domain

One-upping this crypto troll was no problem for the crypto-savvy billionaire.

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Binance Undergoes Largest BNB Token Burn to Date, $165 Million

Every quarter, Binance buys back a portion of BNB depending on the number of fees generated. It essentially redistributes those fees back to token holders and takes BNB off the market forever. With bitcoin breaking all-time highs and ethereum just touching it’s all time high, interest in the cryptocurrency space is growing. дальше »

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Binance Coin Hits All-Time High With 14th BNB Token Burn and DeFi Push

BNB hit a new all-time high yesterday, capping off a six-month rally. The asset could go even higher, with an upcoming token burn and Binance’s DeFi entry. The post Binance Coin Hits All-Time High With 14th BNB Token Burn and DeFi Push first appeared on BitcoinExchangeGuide. дальше »

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Binance Coin (BNB) hits a new all-time high one day before its token burn

A growing DEX ecosystem, competitive futures platform and low fee incentives pushed Binance Coin to a new all-time high one day ahead of its scheduled token burn. дальше »

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Binance coin (BNB) close to ATH as burn approaches

The Binance coin (BNB) is close to an all-time high as the crypto exchange prepares to undergo its 14th BNB token burn. The past year has seen an impressive rise in the world’s largest crypto exchange token by market capitalization. дальше »

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Binance Coin trading above its ATH as 14th burn draws near

Binance Coin has pushed above its record price following a price surge in the…

The post Binance Coin trading above its ATH as 14th burn draws near appeared first on Coin Journal.

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Ethereum Core Developer: EIP-1559 will Be Implemented

Eric Conner, an Ethereum core developer, now says EIP-1559 will be implemented in the smart contracting platform as per a tweet on Dec 21. EIP-1559 is going to happen. Then we are going to burn a lot of ETH. дальше »

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Binance Coin (BNB) surges amid talk of accelerated coin burn

Binance Coin (BNB) traded higher, touching $36.79 before profit-booking put breaks on the uptrend… The post Binance Coin (BNB) surges amid talk of accelerated coin burn appeared first on Coin Journal. дальше »

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Binance Discussing Acclerated BNB Burn

On Dec. 20, 2020, CZ of the giant exchange Binance announced that the company was considering doing an accelerated burn of BNB coins. This move will likely increase the value of each BNB while maintaining the market cap. дальше »

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Community Could Force Ripple To Burn Its Huge XRP Stash, CTO David Schwartz Confirms

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. […] дальше »

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Ripple CTO says the company would burn 48 billion XRP if “majority wanted rule change”

Ripple, the distributed payment processing service and issuer of the XRP token, has received a lot of flak in the past years for using XRP to keep itself afloat while maintaining its distance from the token. дальше »

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Community could force Ripple Labs to burn its XRP supply

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. дальше »

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Ripple CTO says community could force the company to burn 48 billion XRP

Ripple could be forced to burn its entire XRP holdings if the community votes for it, the company’s CTO David Schwartz has confirmed. дальше »

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University's epic burn: Researchers say Ripple's protocol ‘may fail badly’

According to researchers at the University of Bern, the presence of faulty or malicious nodes on the Ripple network could have “devastating effects.” дальше »

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StrongBlock Announces New Token Economics, Will Burn 96 percent of Minted Supply

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... дальше »

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Could A 50 Billion XRP Burn Trigger Long-Awaited Price Rally?

At the start of the Bitcoin rally, Altcoins did not see any substantial upswing, in fact, it was assumed that the Altcoin season had closed for the year, a matter of out with the old, and in with the new, as Bitcoin stunned and easily stole everyone’s attention with each resistance level it broke on […] дальше »

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IoTeX Set to Burn and Drop 1 Billion IOTX Coins

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. дальше »

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Binance Coin Price Analysis - Record token burn

Binance has masterfully engineered the BNB token to become an all-encompassing aspect in every facet of the ever-growing Binance ecosystem. Technicals for BNB/USD suggest a strong bullish trend with price above both the 200-day EMA and daily Cloud. дальше »

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Zcoin Employs Burn-and-Redeem Privacy Model, Offering Alternative to Coinjoins

The Lelantus protocol, launched on privacy coin Zcoin’s testnet, lets users redeem partial amounts of a total coin burn rather than all of it at once. дальше »

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SoluTech to Burn its Tokens Under Terms of SEC Settlement; Co-Founder Fined

SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens. дальше »

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CREAM Finance to Burn 67.5 Percent of Token Supply

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. дальше »

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Binance поможет восстановить потерянные активы

Биржа криптовалют Binance объявила о запуске программы «BNB Pioneer Burn», в рамках которой она намерена оказывать помощь пользователям, потерявшим токены из-за собственных ошибок при взаимодействии с ее новым блокчейном Binance Smart Chain. дальше »

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Binance поможет в восстановлении утерянных токенов

Биржа криптовалют Binance сегодня объявила о запуске программы «BNB Pioneer Burn», в рамках которой она намерена оказывать помощь пользователям, потерявшим токены из-за собственных ошибок при взаимодействии с ее новым блокчейном Binance Smart Chain. дальше »

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A by-the-minute look at Tether’s $1 billion swap from Bitfinex to Binance

The recent Tether burn seems to have involved a lot of trust between Binance and its counterparties.

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OKEx’s Adopted Utility Token OKB Hits Historic Burn Volume of $21M in 9th Round of Buy-Back & Burn

 OKEx , a world-leading cryptocurrency spot and derivatives exchange, has released the latest OKB Ecosystem Monthly Report (August 2020) that reveals a historic burn volume of... дальше »

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Pizza & Hot Dogs: How Uniswap’s Profit Buffet Can Burn Crypto Investors

The DeFi space has taken some wild twists as of late, causing crypto Twitter feeds to look a lot more like a menu at a local dining establishment. The bizarre world of decentralized finance and yield farming tokens has taken a turn for the weirder, bringing about a flurry of food-named crypto assets on Uniswap. […] дальше »

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tZERO Slashes Jobs, Salaries as It Gears Up for Another Funding Round

In an attempt to slow its cash burn rate, tZERO slashed headcount and asked senior staff to take equity as it prepares for a new raise. дальше »

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Binance conducts 12th quarterly Coin Burn

The Binance exchange recently burned 3,477,388 Binance Coins (BNB), equivalent to US$60.5 million. дальше »

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Binance Records Largest BNB Burn; CZ Says, “More Certain About The Future Of Crypto Than Ever”

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. дальше »

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