#burn

Sonic, a Layer 1 blockchain (formerly Fantom), is gearing up to distribute its new S token to loyal users through a unique airdrop. Sonic Labs will release about 200 million tokens, incorporating a deflationary mechanism based on a linear burn model.

Hacks and phishing attacks prompted Coinbase Wallet devs to enhance user security. So now Coinbase Wallet features: 📌transaction preview to avoid unwanted token swaps. 📌malicious dApps alerts. 📌alerts in case of unauthorized access to your token balance. 📌push notifications about the upcoming token burn. Good job! But to reach full control, the wallet should also report price slippage. This will be the highest zen of trading.

Derivatives protocol Synthetix has given the green light to the governance proposal SIP-2043, aiming to curb the inflation of the SNX token.

After nd4.eth's dramatic incineration of 2500 ETH valued in the millions 15 days prior, the anonymous figure continues to confound the crypto community. This unidentified actor has recently transferred 3 NFTs from top-tier collections BAYC, MAYC, and BAKC to a burn address, with an aggregate value exceeding $88,000. A deliberate obliteration of digital wealth rages on!