Shiba Inu developers launch token-burn mechanism
The team behind Shiba Inu has launched a portal where SHIB holders can burn their tokens. In return, investors will receive burntSHIB, which accrues rewards in variable-rate RYOSHI tokens.The study of the economic systems and models of cryptocurrencies and tokens.
Shiba Inu developers launch token-burn mechanism
The team behind Shiba Inu has launched a portal where SHIB holders can burn their tokens. In return, investors will receive burntSHIB, which accrues rewards in variable-rate RYOSHI tokens.
Binance completes $740 million BNB burn
Binance completed its nineteenth quarterly burn of Binance Coin (BNB) using the Auto-Burn mechanism.
Since the activation of the London hard fork, Ethereum has burned over 2 million ETH
Since the activation of the London hard fork in August 2021, the Ethereum network has burned over 2 million ETH worth more than $7 million. The leader by the volume of burned tokens is the NFT marketplace OpenSea with 230 044 ETH.
Miners have mined 90% of Bitcoin’s total supply
At block height 714,000, the Bitcoin network reached a point where 2.1 million BTC, or 10% of the available supply, remains to be mined.
Since the activation of the London upgrade, Ethereum has burned 1 million ETH
In the 109 days since the activation of the London upgrade on the Ethereum network, the protocol burned more than 1 million ETH. Their value at the time of writing was $4.2 billion.
What is coin burning and how does it affect prices?
We explain why many projects periodically burn their native tokens.
DeFi project yEarn.Finance to issue YFI tokens worth $218 million
The yEarn.Finance community approved the proposal to increase YFI issuance by 6,666 tokens (~$218 million) with 83.46% of the vote.
Tether Mints a Record $2 Billion of USDT in One Week
The issuer of the largest stablecoin by market cap, Tether, increased the supply of USDT by $2 billion over the past seven days. The total number of coins in circulation reached 24.4 billion.
Fewer than 2.5 million bitcoins remain unmined
Total mined bitcoins have surpassed 18.5 million units. Fewer than 2.5 million coins remain available to mine, or just under 12% of the total supply.
Debate over Ethereum issuance flares again in the crypto community
Debates on Ethereum's supply limit, ongoing since 2015, have gained new momentum after MakerDAO developer Marc-André Dumas released a script that outputs the size of the issuance of the second-largest cryptocurrency.
What is an ICO—and can you profit from it?
1 What is an ICO? ICO stands for Initial Coin Offering—the primary sale of coins (tokens). In an ICO a project team sells digital tokens to investors for cryptocurrencies or fiat money. Those coins can later be used on the project’s platform as an internal currency or traded on exchanges. The term “crowdsale” is often used instead of ICO.We use cookies to improve the quality of our service.
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