burn
Grvt Executes First Token Buyback and Burn Ahead of Four Major Product Milestones Culminating in Grvt 2.0
ROAD TOWN, BRITISH VIRGIN ISLANDS — In a definitive move designed to tighten tokenomics and reward long-term community alignment, the Foundation’s token issuer for Grvt—a prominent self-custodial trading platform operating on its own proprietary zero-knowledge (ZK) chain—has successfully completed its inaugural GRVT token buyback. The sweeping transaction removed 1.1 million GRVT tokens from the open […]
Binance Executes 36th Quarterly BNB Burn, Erasing $931 Million in Deflationary Move
Binance has finalized its 36th quarterly BNB token burn, permanently extracting over 1.6 million BNB from the circulating supply. Representing one of the largest scheduled supply reductions in the asset’s history, the event resulted in the destruction of 1,615,827.795 BNB. At the time of execution, the burned tokens were valued at approximately $931.7 million, pushing […]
