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$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months

$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months

This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74

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Cardano Records 13% Spike in Total Value Staked Amid Ecosystem Inflows: Details

Cardano Records 13% Spike in Total Value Staked Amid Ecosystem Inflows: Details

Cardano network has seen significant increase in inflows into its ecosystem According to data from DefiLlama, Cardano recorded a positive 24-hour change of nearly 13% in its total value locked (TVL). Simply put, Total Value

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FTX Expands its Global Presence With an Australian Branch

FTX Expands its Global Presence With an Australian Branch

The cryptocurrency exchange – FTX – has established an Australian branch called FTX Australia Pty Ltd. The Aussie arm of the trading venue will offer OTC digital asset products and services, as well as derivatives.

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Elrond Announces Partnership to Access Markets in Over 200 Countries: Details

Elrond Announces Partnership to Access Markets in Over 200 Countries: Details

Elrond unveils strategic partnership with Singapore-based cryptocurrency exchange, MEXC Global CEO of Elrond Beniamin Mincu took to Twitter to announce Elrond’s strategic partnership with Singapore-based cryptocurrency exchange MEXC Global. Under the terms of the partnership,

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DOGE on Top 10 List of Coins Held by Biggest BSC Investors: Report

DOGE on Top 10 List of Coins Held by Biggest BSC Investors: Report

Dogecoin is among the 10 largest holdings of top investors into Binance Chain-based digital assets As reported by the WhaleStats division which provides data on the top 100 BSC whales, Dogecoin is currently on the

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Goldman Sachs Makes Its First Over-the-Counter Crypto Transaction, Here’s What It Means

Goldman Sachs Makes Its First Over-the-Counter Crypto Transaction, Here’s What It Means

One of the largest financial institutions in the world is discovering new ways to receive exposure to the cryptocurrency market According to the CNBC article, Goldman Sachs has completed its first OTC cryptocurrency transaction. One

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Another Dogecoin Core Release Might Be in the Works, Price Consolidates: Details

Another Dogecoin Core Release Might Be in the Works, Price Consolidates: Details

Recent version of Dogecoin v1.14.5 was released in November 2021 Best cryptocurrency meme Dogecoin may soon see another base release, according to recently shared Github notes. The notes shared are for the release of Dogecoin

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Whopping 2.2 Billion SHIB Burned Last Week and Today So Far: Details

Whopping 2.2 Billion SHIB Burned Last Week and Today So Far: Details

Well over 1.5 billion SHIB meme coins were destroyed in last seven days, while 600 million have been incinerated since Sunday morning – 2.2 billion SHIB in total SHIB fans continue to withdraw large sums

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Cardano Surpasses Bitcoin and Ethereum in Adjusted Transaction Volume: Details

Cardano Surpasses Bitcoin and Ethereum in Adjusted Transaction Volume: Details

Cardano leaves no chances for Bitcoin and Ethereum in terms of adjusted transaction volume According to tracking service Messari.io, Cardano successfully overtook Bitcoin and Ethereum in terms of on-chain adjusted transaction volume. As the metric

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$5.7 Billion Ethereum Already Burned with $6 Million Being Removed from Market Daily

$5.7 Billion Ethereum Already Burned with $6 Million Being Removed from Market Daily

As a massive amount of ETH is being locked in smart contracts, the number of burned coins reaches two million Nearly $6 billion worth of Ethereum has already been burned while $6 million is taken

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