Proof-of-burn News

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.

World Liberty Financial will launch a WLFI token buyback and burn after a 41% price drop in September, aiming to cut supply and stabilize value.

The Cronos blockchain’s governance structure came under fire after a decision to reverse a 70 billion CRO “permanent” token burn from 2021.

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.

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.