News list for " destruction"
A man who described himself as an "ordinary programmer and entrepreneur" destroyed and donated about $7 million of Ethereum as a protest and personal statement against what he described as a long-term experience of being watched and manipulated by a "brain control organization". Now, crypto Twitter users are trying to access his remaining funds. The user, who identified himself as Hu Lezhi, sent around 2,553 ETH (worth around $7 million) through multiple transactions over the past week.
Michael Saylor reiterated his intention to destroy bitcoin keys after his death, describing it as a "proportional contribution to everyone in the world who owns bitcoin".
According to Lookonchain, after Cheems destroyed $3.60 million worth of LP tokens, the price of CHEEMS rose by about 70%, and the giant whale Christian202.eth spent 208 BNB ($124,000) to buy 490.40 billion CHEEMS in the past 7 hours. Christian202.eth currently holds 8.19 trillion CHEEMS ($2.73 million).
PancakeSwap revealed on the X platform that 8,889,897 CAKE, worth about $16 million, had just been destroyed.
Cardano founder Charles Hoskinson has spoken out against the destruction of the blockchain network's more than 1.5 billion ADA tokens worth around $500 million. Hoskinson noted in a post from social media last night that these assets are not pre-minted tokens, but are generated through block production and trading. He argued that destroying these assets amounts to theft from equity pool operators (SPOs) and ADA holders. On September 1st, Cardano completed the first phase of the Chang hard fork, ...
Mr. Musk said the dollar was becoming like the Zimbabwean dollar because of "value destruction".
