burn News

The Terra Money Twitter account shared the finer points of Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA.

Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.

Memecoin Shiba Inu can officially be used to purchase land in the SHIB metaverse using the native SHIB token, as the development team continues to provide utility for holders.

Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH, or 56% of all burns during that period.

Shiba Inu devs launched a portal that will burn more SHIB tokens than ever before and reward burners for doing so.

From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum.

Metaverse craze, token burning events and increasing merchant adoption have made Shiba Inu outperform Dogecoin so far this month.

Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3.

Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end.

$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200.

According to the exchange, it plans to retain 16 cards from the blockchain-based game Spells of Genesis to sell before 2022 and give the remaining 16 to its DAO.

Traders push their SOL/USD bids higher after Solana teases the community with “ignition,” a mysterious feature that will go live on Tuesday.

Funfair Technologies-owned KingTiger Casino is now on the lookout for new solutions for hosting “a new range of features and games” for its participants.

At current burn rates, 2.3 ETH per minute, or $6,600, is going up in smoke.

A young yield farming platform uses an aggressive token-burning strategy to beat DeFi’s inflation problem.