CyberKongz NFT minting burns $4M in Ether in 5 hours
The current trend in nonfungible tokens (NFT) with animal themes has been such a sensation that it has become the top consumer of Ethereum transaction fees in the last 24 hours. CyberKongz, which began as a collection of 1,000 unique NFTs in early March 2021, has recently experienced a boom in popularity. In terms of […]
Binance burns BNB tokens worth $390M
The burning of tokens in the crypto space is one thing that is said to help token price. Binance as usual has destroyed about $400 million worth of BNB in its 16th quarterly token burn event. Binance, the world’s largest cryptocurrency exchange , has completed its 16th quarterly Binance Coin (BNB) burn, burning nearly $390 […]