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Ethereum Tests All-Time High as On-Chain Activity Grows, SHIB Burns ETH
29.10.2021
The price of ethereum (ETH) briefly touched a new all-time high on Friday, with key on-chain metrics growing faster than competitors over the past month. Meanwhile, the current meme coin craze is also contributing to ETH’s value proposition, with shiba inu (SHIB) now consuming more gas than even...
Minigame That Gave Kids 'Cuts, Blisters & Burns' Returns To Mario Party With A Warning
25.10.2021
The upcoming Mario Party Superstars on the Switch features 100 minigames drawn from the long-running history of the series. One of those, Tug o’ War, is making a somewhat surprising return after what happened last time the game was available to play with an analogue stick.Read more
Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism
23.10.2021
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...
Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes
30.8.2021
Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million...
CyberKongz' mass monkey minting burns $4M in Ether in 5 hours
16.8.2021
The NFT monkey minting frenzy has caused gas prices to skyrocket again
Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
6.8.2021
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London...
Ethereum network burns $395K ETH per hour after London upgrade
6.8.2021
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke
BTC price burns bears en route to $40K: 5 things to watch in Bitcoin this week
26.7.2021
A surge towards $40,000 brings hope to those who have endured months of bearish drawdowns, but is it enough to continue the bull market?
Binance burns $390M worth of BNB tokens
19.7.2021
Binance has destroyed $400 million worth of BNB in its 16th quarterly token burn event, but the markets don’t seem to care
Crypterium - One Of The Largest Crypto Banks Burns 1M CRPT Tokens
19.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
London, July 11, 2021:
Following up the announcement regarding burning CRPT, Crypterium confirms that more than 1m tokens have been successfully collected and destroyed during the first burning on July...
How to Boost Share Prices in Short Term? Buyback & Burns on the RISE
13.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Buyback is an interesting mechanism which helps companies use the unutilized currency to buy back its shares. While the concept has been around for a while, it was best utilized by Apple in the non-crypto...
As Gaza Burns, Twitch Charity Streams For Palestine Remain Few And Far Between
18.5.2021
The situation in Gaza is dire. Israeli raids have killed over 200 Palestinians in the past week, at least 42 of them on Sunday alone. They’ve also destroyed more than 500 homes, leaving tens of thousands of Palestinians homeless—a stunningly bleak continuation of decades of apartheid...
Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens
17.5.2021
After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. Then a...
Vitalik burns $6.7B of Shiba to reward generous hodlers
17.5.2021
Vitalik Buterin has burned nearly half of Shiba’s supply in response to the “generosity” of the ‘dog token communities.’
Plus: Rome burns hot, NieR's porting fail
23.4.2021
[The GameDiscoverCo game discovery newsletter is written by ‘how people find your game’ expert Simon Carless. This newsletter is exclusive to GameDiscoverCo Plus subscribers, and rounds up a plethora of exclusive platform sales & other analysis.] Greeting, wonderful GameDiscoverCo Plus...
BNB Drops As Binance Burns Almost USD 600M Worth of Coins
16.4.2021
Source: a screenshot, Instagram/binance
Binance coin (BNB) is the worst-performing major cryptoasset today as Binance said it has completed its 15th quarterly BNB token burn, destroying BNB 1,099,888 (USD 5.8bn).
At 09:19 UTC, BNB trades at USD 523 and is down by 4% in an hour and a day, trimming...
CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team
23.2.2021
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...
Halving & Burns on BitGesell – the Optimal Combination for Scarcity and Value in the Crypto Age
1.2.2021
BitGesell represents a deflationary cryptocurrency that closely resembles bitcoin, but comes along with a few design changes. Its value proposition stems from Silvio Gesell’s financial market philosophy, who imagined monetary units that lose their value over time through demurrage. To keep...
Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December
9.1.2021
BitGo “unwrapped” over 11,600 WBTC last month
XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed
23.12.2020
Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s...