Tagged: token burn

April 17, 2021 @ 10:55 am By Omar Faridi  |  

Leading crypto exchange Binance notes in its weekly report that it completed a record-breaking Binance Coin (BNB) token burn. The weekly report (April 10 – 16, 2021) from Binance reveals that the digital assets firm burned “a record $593 million in BNB.” The digital currency… Read More

April 6, 2021 @ 8:19 pm By Omar Faridi  |  

TRON Foundation, which supports the ongoing development of Tron (TRX), has published a blog post in which they questionably claim that the TRX digital currency has “officially leaped” into the “deflation era,” by becoming the first deflationary virtual currency in the world. As noted by… Read More

November 9, 2020 @ 9:24 pm By Omar Faridi  |  

The developers of IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, noted that in April 2020, the IRIS Foundation had introduced a community-centric delegation campaign and its second 1-Year Token Burn Plan. Delegation campaigns allow crypto token holders to… Read More