BITCOIN

Verse Burn Summary — 316M VERSE Just Burned We just burned 316 million VERSE worth over $53,000 at the time of writing. The total number of VERSE burned is now more than 14 billion, which is 52% of the current circulating supply and 6.7% of the total supply of Bitcoin.com ’s ecosystem token. You can track VERSE token burns at the Verse Burn Engine  here . We’ve also begun offering transparency into the buyback process. You can now track on-chain buybacks on the Verse Burn Engine dashboard here . The total amount of buybacks now exceeds 3.7B VERSE, worth over $628,000 at the time of writing. What is token burning? A token burn means permanently removing or destroying tokens, thereby reducing the total supply. Burned tokens can’t be traded or used. Where do the tokens come from that get burned, and why burn VERSE tokens? There are currently 3 main types of burns: Buyback and Burn Bitcoin.com buys VERSE from the open market on Bitcoin.com...

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