Token Burn News

Binance burned 1.94 million Binance Coin tokens, removing them from circulation.

The trading volume of the Solana-based meme coin Slerf crossed the $2 billion mark.

FLOKI topped today's market with a 70% surge, becoming the fifth-largest meme coin.

The developers of the decentralized exchange (DEX) PancakeSwap have opened a vote to reduce the tokens of their CAKE ecosystem. On Dec. 28, PancakeSwap developers presented a vote called the proposal to reduce the total CAKE token supply. The initiative…

The decentralized cryptocurrency exchange (DEX) PancakeSwap team has announced plans to reduce the overall supply of CAKE tokens. The DEX team proposes to reduce the total supply of native tokens from 750 million to 450 million. The proposal was made…

In 24 hours, the shiba inu community burnt 13.81 million SHIB, with one wallet burning 10.45 million as the meme coin's adoption continues to rice ahead of the current meme coin season.

Since the introduction of Ethereum Improvement Proposal (EIP) 1559 in the London hard fork, the blockchain has burned a total of 2.783 million Ether (ETH), currently worth $8.76 billion. According to data provided by Ethereum burn tracking service Ultrasound.Money, since the…

Binance, the world’s largest cryptocurrency centralized exchange (CEX) by volume, has announced a burn mechanism to burn all trading fees on $LUNC spot and margin pairs. The Burn Mechanism Is a Response to the $Lunc Community Proposal Following the Terra…

Crypto exchange Binance has burnt a considerable amount of its native token BNB under its 16th quarterly burn event. The world’s largest crypto exchange by trading volume burnt about 1.3 million  BNB tokens worth around $393 million.  Total Supply of…

Tron (TRX), the Justin Sun-led blockchain project that aims to decentralize the web recently announced that its native P2P cryptocurrency wallet – TronWallet – had recorded a mammoth buyback and burn worth $136 million TWX. TWX Burn to Bring Stability…

In a Medium post published on November 5, 2019, the Stellar Development Foundation (SDF) announced the token burn of more than 55 billion XLM worth $4.7 billion. The announcement says the decision to burn XLM tokens is part of a…

Tether, the company that issues the world’s largest stablecoin USDT, announced via Twitter that they redeemed 500 million USDT tokens from the Tether treasury wallet. According to the press release published on October 24, 2018, Tether will leave the remaining…

The Changpeng Zhao-led crypto exchange behemoth Binance has completed its scheduled fifth BNB token burn – thus reducing the total supply of the Binance Coin (BNB) by 1.64 million. This was confirmed in a Medium post, published by Binance on…