Burning
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Analysis
Ethereum bots are burning over 50% of gas fees so ETH strangely needs privacy tech to fix it at scale
On some Ethereum L2s, bots now burn over half the fuel simply looking for MEV, they usually don’t pay proportionally…
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Gaming
Fortnite-Like Game ‘OpenSeason’ Is Burning 82% of Its Token Supply—Here’s Why
Fortnite-like battle royale shooter OpenSeason hosted a 12-hour competitors promising gamers a slice of $350,000 value of tokens. However as…
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Ethereum
Developer Hails ETH Burning, Will Ethereum Break $3,000?
Péter Szilágyi, an Ethereum (ETH) developer, has lauded EIP-1559 and its ETH burning mechanism as “the nice equalizer.” Taking to…
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Altcoins
Avalanche C-Chain Burning $12.65 Of AVAX Every Second, What Does It Mean For Price?
Taking to X on November 22, one consumer, @kevinsekniqi, notes that the Avalanche C-Chain is burning roughly $12.65 of AVAX each…
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Analysis
Terra Validator Opposes USTC Burning, Pushes Alternative Plan To Regain Dollar Peg
A Terra Traditional group member with the X deal with Rexyz has kicked in opposition to burning USTC tokens to…
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NFT
Why Are People Burning CryptoPunks for Ordinals NFTs?
On June 17, CryptoPunk #8611 was completely faraway from the Ethereum blockchain. The NFT, which had recently sold for 54.49…
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