Shiba Inu Intensifies Token Burns: Over 8 Billion SHIB Incinerated
The Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
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25/04/2024 11:05
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Shiba Inu Token Burn Rate Soars, Over 8 Billion SHIB Eliminated
Following a record burn of over 8.3 billion tokens, Shiba Inu's burn rate has soared by an unprecedented 7,686,774.46%, coinciding with a wider upsurge in the cryptocurrency market.
YouQuanBinance Burns Over $480 Million Worth of BNB in 24th Quarterly Burn
BNB’s price failed to react to the exchange’s latest token burn.
cryptopotatoBNB chain introduces new web3 storage product ‘BNB Greenfield’
The storage system will use BNB as its native token and will become the third blockchain in the BNB ecosystem that already comprises of BNB Beacon Chain and BNB Smart Chain.
CryptoSlateBinance Burns $620 Million Worth Of BNB, Massive Rally To Follow?
Binance completed its 22nd burn round, removing 2.064 million BNB tokens from circulation.
BitcoinistOKX Will List BNB (BNB/USDT and BNB/USDC) for Spot Trading
OKX announced the listing of BNB (BNB/USDT and BNB/USDC) on their spot trading markets.
OthersHere’s How Much ETH Is Expected To Be Burned Every Year
The Ethereum (ETH) burn was implemented with the EIP-1559 and since then, thousands of ETH have been burned and taken out of circulation.
BitcoinistBinance Burns BNB Tokens Worth $547 Million Despite Recent Exploits
Crypto exchange platform Binance has concluded its 21st quarterly BNB burn, eliminating around $547 million worth of BNB tokens from its supply.
OthersWhat’s Token Burning?
Token Burning is simply removing or destroying a reasonable amount of a project’s total supply.
NulltxWhat is BNB auto-burn and how does it work?
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.
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