The Cronos blockchain’s governance structure came under fire after a decision to reverse a 70 billion CRO “permanent” token burn from 2021.
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Crypto.com’s Cronos blockchain is facing community criticism over governance issues, as sources suggest that the exchange controls up to 80% of the voting power.
7749 - 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.
26102 - News
Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision.
2621 - Market Analysis
Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally.
6958 - News
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.
6523 - Altcoin Watch
SOL price rallied 5% today, but on-chain data raises doubts about whether Solana can overcome the barrier at $190.
10383 - Market Analysis
Ether’s price struggles at the $3,000 level, but data hints at a resumption of the bull trend.
14603 - New Year Special
These are the weirdest stories out of crypto in 2023, featuring hacks, arrests and a token burn worth $650 billion.
3064 - News
Uniswap’s Hayden Adams burned 99% of the HayCoin supply on Oct. 20 over concerns about price speculation.
27322 - Altcoin Watch
MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
7269 - News
While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation.
16806 - Market Analysis
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.
9192 - News
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady.
12333 - Follow up
According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC.
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