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5 Cryptocurrency Ready to Bounce Back After This Latest Crash

19.9.2022
The cryptocurrency market is currently experiencing yet another crash. Coin prices are trading lower due to increased pressure from the broader economy and fears that the Federal Reserve would again raise interest rates. Several investors wonder if most large-cap coins will test their multi-month...

Exchanges criticized for 'nothingburger PR' posts on upcoming LUNC tax burn

12.9.2022
KuCoin, Gate.io and MEXC Global were in the crosshairs of community members as they expressed their support for the upcoming on-chain LUNC transaction burn

How Lucky Block Bridge is Affecting V1-V2 Spread Even Before Launch - Buy Now?

9.9.2022
Investors in cryptocurrencies have been paying close attention to the blockchain-based Lucky Block lottery platform since the Binance Smart Chain (BSC) project released a second Ethereum-based version of its LBLOCK token last month. The price of the LBLOCK V1 token decreased during the last...

Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule

8.9.2022
In an attempt to revive the failed Terra blockchain’s LUNC token, the approved proposal will tax and destroy 1.2% of every transaction to reduce supply

Copium Mining Presale is to Invest More in Mining, Buy Back and Burn Coins

8.9.2022
The Copium Protocol, which focuses on laying the groundwork for decentralized mining investments, will soon release an NFT collection to gather funds for business expansion. Copium Protocol has been one of the most intriguing projects to emerge. It stands out because it enables consumers to invest...

Tamadoge 5% Burn on Pet Store Transactions Will See Price Rocket

6.9.2022
Tamadoge's 5% burn rate on pet store transactions can potentially drive a significant increase in TAMA price. Tamadoge is rapidly approaching its $12 million goal. The meme coin has shown no signs of slowing down after hitting the beta phase of its pre-sale. At this point, it has reached the sixth...

The New Age of DeFi As Uniglo (GLO) Looks to Show Shiba Inu (SHIB) and Binance Coin (BNB) How to Create A Perfect Token Burn

2.9.2022
The DeFi industry is rising, with new projects and tokens being created daily. One of the latest tokens to enter the market is Uniglo which is looking to show Shiba Inu and Binance Coin how to create a perfect token burn. What Is a Token Burn? Token burns are a popular method for DeFi projects...

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

22.8.2022
3.022 billion aUSD were previously minted via a liquidity bridge glitch

The Burn NFT Feature by Phantom Goes Live on Every Device

18.8.2022
The NFT Burn feature by Phantom is now live on all devices. The feature aims to protect users from spam content that malicious actors on the internet create to steal their funds. The NFT Burn feature gives users higher control over the content that is in their wallets. Users can remove the content...

Solana-Based Phantom Wallet Unveils 'Burn NFTs' to Protect Customers From Scams

18.8.2022
Solana (SOL)-based wallet provider Phantom has announced a new feature that will burn spam non-fungible tokens (NFTs) sent by scammers. In an August 18 blog post, the Phantom team said that spam NFTs have evolved to be a practical way for bad actors looking to steal users’ funds.... Read More:...

Solana wallet fires up the grill to burn spam NFTs out of existence

18.8.2022
The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers

For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020

7.8.2022
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end...

Up in smoke: Artist Damien Hirst to burn 4,851 paintings in NFT project

28.7.2022
Almost half of the buyers of Hirst’s “The Currency” collection wanted to keep the NFT version

Fantom to Fund Ecosystem Projects Using Portion of Burn Fees

27.7.2022
A governance vote saw an overwhelming number of community members decide on using a third of Fantom’s burn fees to fund new projects

What is BNB auto-burn and how does it work?

8.7.2022
Based on the price of BNB and the number of blocks generated on BSC during the quarter, the BNB auto-burn mechanism automatically modifies the amount of BNB to be burned

SHIB’s Shibarium Public Beta Is Planned for Deployment in Q3

24.6.2022
The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees...

Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests

28.5.2022
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More...