Gate News bot message, Tether (Tether_to) has conducted another significant USDT burn operation, destroying 1 billion USDT tokens. This burn follows a series of stablecoin reductions by major issuers in the aftermath of the October 11 market downturn. Together with Circle, stablecoin issuers have no

According to Foresight News, monitored by Lookonchain, BGB has completed a major update, having destroyed 220 million BGB (worth approximately 1.09 billion USD), and will transfer another 220 million BGB (worth approximately 1.09 billion USD) to a new Wallet for locking. This move is related to the exclusive strategic partnership announced between Bitget and Morph. Morph will use BGB as its Gas and governance token, and the Morph Foundation will update the BGB Burn Mechanism, linking it to Morph network activities until the total supply of BGB is reduced to 100 million.

According to BlockBeats news on September 2, the WLFI team announced that a new governance proposal has been launched, proposing that all fees generated from the self-owned Liquidity (POL) of the WLFI protocol be used to repurchase WLFI on the open market and permanently destroy it. The fees from the community or third-party LP are not affected.

BlockBeats news, on August 31, the Ethereum Community Foundation announced the tokenization of the burned ETH into BETH, providing a new proof of burn token for Ethereum. Each BETH token represents ETH that has been verified as removed from circulation, establishing a transparent and auditable burn record. Ethereum co-founder and Consensys CEO Joseph Lubin forwarded his high appreciation for the team's work.

Golden Finance reported that on August 25, according to data from Ultrasound.money, the net supply of Ethereum increased by 17,940.12 in the past 7 days, with an increase of about 18,655 ETH, and 1,757 ETH was destroyed through the Burn Mechanism. The current supply growth rate is 0.774% per year.

Odaily News MultiBank Group, a financial derivation institution in Dubai, announced a buyback and burn plan for its MBG Token to enhance token scarcity and increase long-term value. The company's revenue for the first half of 2025 reached $209 million, a year-on-year rise of 20%, with a profit of $170 million. (Decrypt)

Odaily News According to L2 Beat data, after a large-scale burn of OKB, the on-chain assets of the X Layer network built by OKX have risen 103% in the past 7 days, reaching a historical high of 84.89 million USD; meanwhile, on August 16, the number of transactions for X Layer reached 2.05 million, surpassing Ethereum for the first time in history; in addition, in the past day, the user operations per second (UOPS) reached 19.23, an increase of over 1.

BlockBeats news, on August 14, according to official information, Lista DAO announced that the LIP-021 proposal has been approved. 20% of the max supply of LISTA will be burned and removed from the total supply. Earlier reports stated that Lista DAO recently proposed the LIP-021 proposal, planning to permanently burn 20% of the max supply of LISTA tokens (approximately 200 million), reducing the max supply from 1 billion to 800 million, to achieve a stronger deflationary effect and enhance the stability of the token's value.

PANews, August 14 news, Lista DAO announced that the LIP-021 proposal has been passed, which will destroy and remove 20% of $LISTA, totaling 200 million LISTA Tokens.

Odaily News SUN.io officially announced that the 45th phase of the SUN Token buyback and burn has been successfully completed. From July 10, 2025, to August 7, 2025 (Singapore time), a total of 3,843,344.5487 SUN Tokens were burned, all of which have been transferred to the Burn Address for permanent destruction, further reducing the Circulating Supply of SUN. Since December 15, 2021 (Singapore time), a total of 639,608,504.68 SUN Tokens have been repurchased and burned. This buyback and burn plan effectively drops the total market circulation of SUN Tokens, which not only enhances the market's perception of the scarcity of SUN Tokens but also builds a sustainable development foundation for its value rise.

Gate News Bot news, on August 5th, according to CoinMarketCap data, as of the time of writing, SNL (Snow Leopard) is currently priced at 0.0000000774 USD, with a pump of 1943.71% in the last 24 hours, reaching a high of 0.0000008568 USD and a low of 0.0000000026 USD. The 24-hour volume reached 138,600 USD. Current market capitalization data is missing. Snow Leopard (SNL) is a token that combines meme culture with a goal-oriented approach, aimed at supporting financial empowerment and global accessibility. SNL has multi-chain accessibility and can be used on Ethereum, Base, and Binance Smart Chain (BSC). Its deflationary tokenomics includes an automatic burn mechanism to increase scarcity and enhance long-term value. SNL also provides holders.

PANews August 4th news, according to WOOFi's official Twitter, the protocol has burned 2,000,674 WOO Tokens, which is consistent with the scale of its automatic reinvestment mechanism's buyback last month. WOOFi stated that each burn helps enhance the long-term value of WOO and the sustainability of the token economy.

The Degen Foundation holds 32.5% of the DEGEN supply, considering phased token burns to maintain long-term development and reward holders, while soliciting community feedback to address inflation concerns.

According to ChainCatcher news reported by Decrypt, the Ethereum Layer-2 network LINEA has announced the issuance of the LINEA Token and established the Linea Alliance, composed of companies such as SharpLink Gaming and ENS Labs, to manage 75% of the token distribution. The network plans to use 20% of transaction fees to burn ETH and 80% to burn LINEA, creating a deflationary mechanism.

Gate News Bot news, July 21, according to CoinMarketCap data, as of the time of writing, MANYU (Manyu) is currently priced at $0.0000000343, having pumped 52.53% in the last 24 hours, reaching a high of $0.000000039 and a low of $0.0000000195. The 24-hour volume reached $17.2 million. The current market capitalization is approximately $3.43 million, an increase of $1.18 million compared to yesterday. Manyu is a cryptocurrency project themed around the most famous and beloved dog on social media. The project aims to commemorate the Shiba Inu Manyu, who became popular on TikTok due to ASMR spa videos, and to incorporate its gentle, calming spirit into the cryptocurrency community. The MANYU token adopts 100% liquidity burn, a total supply of 1 quadrillion tokens, contract ownership renouncement, and 0/0 transaction fees.

The SOON community has released a proposal for token burning and buyback plans to combat market manipulation, with a support rate of 100%. Due to a big dump of 41% on July 5 caused by manipulation, it is proposed to burn 30 million SOON Tokens to restore market confidence.

BlockBeats reported that on July 15, SOON tweeted that the proposal for the token burning and buyback plan regarding the potential market manipulation on July 5 has gone live. SOON holders can now participate in the voting, which will end in 46 hours. The specifics of the proposal state that the SOON Foundation proposes to burn 30 million tokens (3% of the total supply): of these, 7.7 million come from unclaimed airdrops, and 22.3 million will be burned through buyback.

Odaily News SOON Foundation today launched a governance system, allowing SOON holders to participate in voting decisions. At the same time, it announced a proposal to permanently destroy 30 million SOON (3% of the total supply) to respond to recent market fluctuations, with approximately 7.7 million unclaimed airdrops being destroyed first, and the remaining 22.3 million will be repurchased from centralized exchanges before destruction. In addition, SOON Foundation will hold a community AMA next Wednesday to explain the token repurchase plan in detail and is developing on-chain repurchase products to further enhance on-chain liquidity.

Odaily News Cook­ie DAO announced on platform X that starting today, 10 to 20% of the rewards pool for each Cookie Snaps event will be allocated to COOKIE token stakers through the Cookie Multi-Airdrop Farming mechanism. In addition, the COOKIE Token staking and Multi-Airdrop Farming are being redesigned to better associate with Cookie Snaps and introduce the COOKIE token burn mechanism.

The Meme coin Bonk (BONK) on the Solana blockchain has recently seen a big pump, rising by 52.1% in the past week, and 52.5% and 38.4% in the past two weeks and one month, respectively. This surge is mainly driven by rumors that Tuttle Capital may launch a 2x leveraged ETF and the plan to burn 1 trillion tokens with 1 million holders. Additionally, BONK has benefited from the market's optimistic sentiment related to Solana ETFs. However, despite the current positive market sentiment, BONK's upward momentum may face pullback risks, especially after speculative catalysts fade. The current market rise is primarily driven by institutional funds flowing into ETFs, while retail participants' enthusiasm is relatively low, which may lead to a price pullback for BONK. Investors should be cautious of the potential impact of macroeconomic policies, such as interest rate decisions, on BONK's future performance.

Introduction The Gate token burn plan has sparked heated discussions in the market once again. The latest GT quarterly burn data shows that the burn amount has reached 1,250,000 tokens, a year-on-year increase of 15%. This astonishing growth not only reflects the flourishing business of the Gate exchange but also reveals the profound impact of GT token economics. This article will delve into the GT burn mechanism and explore its important role in the benefits for holders and the exchange ecosystem. GT Quarterly Burn Data Revealed: The Truth Behind the Astonishing Growth The token burning plan has always been the focus of attention in the cryptocurrency market. The latest GT quarterly burn data shows that the amount burned reached 1,250,000 GT, an increase of 15% compared to the previous quarter. This astonishing growth reflects the business development of Gate.io and the market performance of the GT token. The continuous increase in the quarterly burn volume of GT is mainly due to Gate's transactions.

Gate exchange's latest GT burn data has reached a historical high, with a cumulative burn amount exceeding 100 million coins, accounting for 33.33% of the total supply. This strategy enhances the scarcity of GT, contributing to the long-term stable rise of the coin price and promoting the healthy development of the ecosystem.

Introduction The GT token burn plan is generating heated discussions in the cryptocurrency market. The on-chain burn mechanism of the Gate exchange not only enhances transparency but also sets a new industry standard. This article will delve into Gate's deflationary revolution, analyzing how its innovative GT token burn strategy is reshaping investor trust and leading the deflationary trend in cryptocurrency. Let's uncover the core principles behind this transformation together. GT Token Burn: The Deflationary Revolution of Gate Exchange Decoding Gate Chain's Destruction Mechanism: A New Height of Transparency and Trust The GT token burn plan of the exchange [Gate] has attracted widespread attention in the cryptocurrency market. The burn mechanism on the Gate chain not only enhances the transparency of the exchange but also boosts investor confidence. This mechanism is executed automatically through smart contracts, and each burn operation leaves an immutable record on the blockchain, ensuring the integrity of the entire process.

GateToken (GT) will complete an on-chain burn in Q2 2025, with a total of 1,922,789.196841 GT burned, worth over 39.01 million USD. Since the launch of GateChain in 2019, a total of 180,555,112 tokens have been burned, with a total value of approximately 2.748 billion USD, reducing the total token supply by about 60.18%.

GateToken (GT) has completed the on-chain burn in Q2 2025, with a total of 1,922,789.196841 GT burned, bringing the cumulative total to over 180 million. Since the launch of GateChain in 2019, GT has continuously implemented the Burn Mechanism, demonstrating a long-term commitment to the deflationary mechanism.

PANews, July 7 - According to on-chain analyst @ai9684xtpa, it seems that GT completed its Q2 burn last night, transferring 1,922,789.19 GT to the burn address, worth $29.17 million (though this should be confirmed with official information); on-chain data shows that Gate has burned a total of 180 million GT to date.

BlockBeats news, on July 4th, Roam announced multiple feature upgrades, including: · Reverse burn mechanism adjustment: The conversion rate of $ROAM tokens and points will be calculated based on the average conversion rate of the most recent 50 cycles, replacing the previous single cycle conversion rate. The new mechanism will further ensure the long-term interests of retail investors in the Roam community and the healthy development of the project. · eSIM supports Alipay payment: Roam Global / Premium eSIM now supports Alipay deposit, allowing users to purchase data services within the App and complete payments using Alipay, making the purchasing process smoother and the experience easier. · Lock-up Position rules update: The Roam App adjusts the Lock-up Position incentive rules, and participating in the $ROAM Lock-up Position will earn globally usable eSIM data: Lock 1000 ROAM for one cycle (28.

The encryption asset trading platform Websea completed the on-chain destruction of 2,084,965.31 WBS in June 2025, with the destruction amount rising compared to last month. The price of WBS is 1.07 USD, with a total destruction reaching 61,549,583.7 coins, and plans to reduce the total amount from 300 million to 100 million.

Gate News bot message, According to PANews news on July 1, the Osmosis Foundation released a six-month adjustment plan for the OSMO token economic model. The specific adjustment measures include: increasing the OSMO token burn rate, optimizing the asset allocation of the community pool and increasing Bitcoin reserves; improving the module operation mechanism, and adjusting the distribution of transaction fees.

Gate News, Blum's official announcement declares the formal launch of the BLUM Token! This marks a new chapter for the Blum trading ecosystem. Whether you are an early supporter or a newly joined fren, now is a great time to participate: claim, trade, stake, and grow with us. This article summarizes all the core information: What is BLUM? How to claim the airdrop? Where to trade? How to stake? How does the burn mechanism safeguard long-term value?

Gate News bot news, on June 30, the DeFi protocol Resupply proposed to burn 6 million reUSD tokens in its insurance pool as part of its recovery plan. Previously, Resupply faced a theft incident of approximately 10 million USD. Resupply is a stablecoin protocol that utilizes the liquidity of the lending market. According to an analysis on June 28,

According to a report by Jinse Finance and data from Ultrasound.money, the net supply of Ethereum has increased by 16,260 coins over the past 7 days, with an increase of approximately 18,529 ETH and a destruction of 2,269 ETH through the Burn Mechanism. The current supply growth rate is 0.702% per year.

PANews reported on June 25th that the Near community proposed a plan to improve the NEAR Token economy through dropInflation, aiming to reduce the maximum inflation rate from 5% to 2.5%, with future flexibility for adjustments. If about 0.1% of the transaction fees are burned, the actual inflation rate will drop to 2.4%, and the dropstake yield may incentivize Tokenholders to participate in Decentralized Finance. The proposal points out that the current fixed 5% annual inflation rate of NEAR is causing an increase in circulating Tokens, dilution of equity, and devaluation of the Token due to insufficient transaction fee burn. However, the current support rate for the proposal is only 7.42%, with 36 days and 22 hours left until the vote ends. Opponents argue that reducing validator incentives by 50% will make validator nodes unprofitable, leading to a decrease in the number of validators and stakeholders. They also do not believe that there is a strong correlation between the inflation rate and price performance.

Odaily News LayerZero has launched the second referendum on whether to activate the "fee switch". The vote will determine whether to activate the LayerZero protocol fees, which will be used to buy back ZRO and burn it. Voting will end on June 27.

BlockBeats News, on June 19, Iranian crypto trading platform Nobitex issued the fourth announcement of the theft: "In Nobitex's ongoing response to recent security incidents, the situation is now under control, and all external access to our servers has been completely cut off. Users may notice a significant decrease in their current Nobitex wallet balances on various blockchain networks. This is due to the fact that our technical team takes the initiative to empty the hot wallet funds to protect the safety of users' assets. So, regarding the changes in these wallet balances, users do not need to worry. The stolen assets have been transferred to a wallet that uses a non-standard address, which is made up of random characters, which is significantly different from the pattern of attacks on traditional cryptocurrency exchanges. These wallets are then used to burn and burn user assets. Obviously, the purpose of the attack was not to gain financially, but to try to

According to ChainCatcher news and a report by CoinDesk, Bitcoin DeFi protocol BeL2 developer Elastos announced the launch of a BTC-backed stablecoin BTCD. Ahmed IJ, head of marketing at Elastos, said that BTCD is backed by Bitcoin, and the collateral amount is equivalent to 160%-200% of the value of BTCD. When the price of BTCD is higher than $1, holders will burn tokens to redeem BTC, resulting in a decrease in supply and a downward price decline; If it falls below $1, users deposit new BTC to mint BTCD and sell it, causing supply to increase and the price to recover.

BlockBeats news, on June 19, according to Coindesk, the Bitcoin DeFi protocol BeL2 developer Elastos announced the launch of the BTC-backed stablecoin BTCD. Elastos marketing director Ahmed IJ stated that BTCD is backed by Bitcoin, with a collateral amount equivalent to 160%-200% of the value of BTCD. When the price of BTCD exceeds 1 dollar, holders will burn tokens to redeem BTC, leading to a decrease in supply and a downward price trend; if it falls below 1 dollar, users will deposit new BTC to mint BTCD and sell, causing an increase in supply and a price rebound.

BlockBeats News, on June 18, according to a report released by elliptic, an on-chain data analysis agency, the attack on the Iranian crypto trading platform Nobitex is obviously related to the recent escalation of tensions between Israel and Iran. The funds stolen by the pro-Israel hacker group Gonjeshke Darande are currently stored at "spamtalk addresses" with a variant of FckIRGCterrorists in their public keys. According to Elliptic, the attack does not appear to be aimed at profit. The addresses used by hackers are generated through "brute-force attacks" – a massive amount of computation to obtain a key pair with a specific long text, which means that the "predators" do not actually have control over the private keys of these addresses. This act of "fund burning" is clearly intended to be passed on to Nobitex

Golden Finance reported that Bloomberg previously stated that Elon Musk's artificial intelligence startup xAI is attempting to raise $9.3 billion through debt and equity financing due to its monthly burn rate of $1 billion. Musk denied this and called the report "nonsense."

Gate News bot, Seraph posted on X that the community's vote on the burning of SERAPH tokens has ended. The SERAPH/USDT liquidity pool has accumulated more than $1.7 billion in trading volume to date. As per the community's decision, the team has burned more than 24,000 SERAPH fees and is considering setting up a monthly routine burn.

According to Sun.io's official announcement, SUN will complete the 43rd phase of token repurchase and destruction from May 15 to June 12, 2025, burning a total of 4,306,960.4565 SUN tokens, and the relevant tokens have been transferred to the black hole address. According to the data, since December 15, 2021 (Singapore time), a total of 506,884,216.52 SUN has been repurchased and burned. Among them, 345,869,146.36 SUN tokens were repurchased and burned through SunSwap V2 revenue, and 161,015,070.16 SUN tokens were repurchased and burned through SunPump revenue. The buyback and burn mechanism has effectively improved the value of SUN tokens

Odaily News GMGN official stated that Solana has added 3 new protocols in the three columns, allowing users to see more tokens within the protocols when scanning the chain. Three columns increase safety filtering options, burn pools and blacklist help you filter risky tokens; The SOL chain supports filtering by pool size for chain scanning. BSC three-column plus usd1 pool labeling, clearly scan the chain; New field for profit increase, making calculations clearer. Add a custom theme feature that can be adjusted according to personal preferences.