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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation

Avalon Labs Burns 80 Million AVL Tokens to Kick Off Deflationary Phase


Avalon Labs has permanently burned 80 million AVL tokens, accounting for 44% of the circulating supply. According to an X post, the tokens, worth approximately $16 million, were unclaimed from the platform’s March 2024 airdrop campaign, which saw $20 million worth of AVL claimed by over 100,000...

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