burn News

A Chinese programmer sent about $6.8 million in ETH to burn addresses and donations, claiming corporations were using mind-control technology to enslave people.

Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.

Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally.

Ethereum’s inflation rate hit a two-year high as layer-2 solutions curb transaction burns, challenging its deflationary promise, according to a new Binance Research report.

SOL price rallied 5% today, but on-chain data raises doubts about whether Solana can overcome the barrier at $190.

Ether’s price struggles at the $3,000 level, but data hints at a resumption of the bull trend.

These are the weirdest stories out of crypto in 2023, featuring hacks, arrests and a token burn worth $650 billion.

Uniswap’s Hayden Adams burned 99% of the HayCoin supply on Oct. 20 over concerns about price speculation.

MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.

While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation.

ETH’s correlation with tech stocks, its increasing total value locked and its deflationary token economics all suggest that the path to $2,000 is programmed.

Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady.

According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC.

Changpeng Zhao, the CEO of Binance, recommended a flat 1.2% trading tax on LUNC trades that could be burned to reduce the token’s total supply and improve its price performance.

Ethereum miners have sold over $40 million worth of ETH because of the Merge and plummeting revenue.