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7 stories in this section
Cloud customers drove about 74% of a Bitcoin miner’s August production increase, while BTC holdings recovered only part of July’s decline after the company spent millions on compute capacity.
Hunter Biden is launching LAPTOP, a Base-based memecoin aimed at TRUMP holders. Nearly one-third of its supply could be burned if specified political and market outcomes occur, including a Democratic win in 2028.
A Coinbase-backed cross-chain project is shutting down after saying bridge fees cannot support always-on infrastructure. A planned burn of 303.3 million ROUTE tokens remains pending, CryptoSlate reported.
A BIS-related analysis reported by CryptoSlate says one XRP Ledger transaction can authenticate thousands of datasets, allowing institutional-style usage to grow while keeping fee burns—and any resulting supply squeeze—small.
A Bitcoin veteran reportedly sent 20 BTC to a custodian, retrieved the coins, and then deliberately burned them. Cointelegraph says the motivation behind the destruction, worth about $1 million, remains unknown.
Solana’s “Double Disinflation” proposal passed by a razor-thin margin, reducing future SOL issuance. Kraken nearly blocked the measure, while a separate proposal to burn fees failed, according to Decrypt.
All three Solana governance proposals have cleared quorum. A plan to slow new SOL issuance is narrowly leading, while an $800,000 burn proposal remains below the two-thirds support required for approval.
