Trump-backed WLFI has burned $1.43 million in tokens after a $1.06 million buyback funded by DeFi fees, with another 3.06 million tokens remain unburned.
Proof-of-burn News
- News7127
- NewsWorld Liberty Financial will launch a WLFI token buyback and burn after a 41% price drop in September, aiming to cut supply and stabilize value. 15313
- NewsThe Cronos blockchain’s governance structure came under fire after a decision to reverse a 70 billion CRO “permanent” token burn from 2021. 4884
- NewsCrypto.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. 8480
- NewsA Chinese programmer sent about $6.8 million in ETH to burn addresses and donations, claiming corporations were using mind-control technology to enslave people. 30523
- NewsRune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision. 2979
- Market AnalysisDeclining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally. 7002
- NewsEthereum’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. 6935
- Altcoin WatchSOL price rallied 5% today, but on-chain data raises doubts about whether Solana can overcome the barrier at $190. 10412
- Market AnalysisEther’s price struggles at the $3,000 level, but data hints at a resumption of the bull trend. 14634
- New Year SpecialThese are the weirdest stories out of crypto in 2023, featuring hacks, arrests and a token burn worth $650 billion. 3095
- NewsUniswap’s Hayden Adams burned 99% of the HayCoin supply on Oct. 20 over concerns about price speculation. 27433
- Altcoin WatchMKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price. 7307
- NewsWhile going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation. 16920
- Market AnalysisETH’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. 9277