ChainCatcher news, MANTRA co-founder JP Mullin stated, "The details of the MANTRA token burn plan are in the final stages, and relevant details will be announced soon. The token buyback plan is also actively progressing."

ChainCatcher message, Mantra released a statement regarding the significant unexpected drop in the price of the OM token, which stated: the MANTRA team has not engaged in any selling activities. 100% of the funds from the MANTRA mainnet OM team and advisory team remain locked, while the ERC-20 tokens are in public circulation and not controlled by the team. Currently, there are 77.5 million OM tokens in circulation, with over 200,000 mainnet OM wallets.The initial forced liquidation sell-off caused downward price pressure, which triggered automatic liquidation events for leveraged positions collateralized by OM on various exchanges. The subsequent liquidations and collateral seizures created additional downward sell-off pressure, with some significant OM traders being liquidated by centralized exchanges.MANTRA will release detailed information on the OM Token support plan, which will include a buyback and supply destruction plan for OM tokens. MANTRA CEO John Patrick Mullin has publicly committed to destroying the tokens allocated to his team.

ChainCatcher news, the BNB Foundation announced the successful completion of the 31st quarterly BNB token burn, with a total of 1,579,207.72 BNB burned, equivalent to approximately 916 million USD. After this burn, the remaining BNB to be burned is 40,886,572.43 BNB, with a total supply of 139,311,899.514 BNB.

ChainCatcher news, MANTRA co-founder JP Mullin posted on social media that a post-event analysis report will be released in the next 24 hours, detailing the events that have occurred since early Monday (APAC time) and will verify on-chain and off-chain data.After the release of this report, more information will be shared regarding the OM token buyback plan and the OM supply burn plan to rebuild market trust and demonstrate its long-term commitment to OM/MANTRA.

According to ChainCatcher news and the official announcement from HTX DAO, the $HTX token burn plan for the first quarter of 2025 was successfully completed on April 15. According to on-chain data, a total of 11,338,023,612,750.992 $HTX tokens were burned, with a total value exceeding 19.2 million USD. As of now, HTX DAO has cumulatively burned approximately 609.7 trillion $HTX tokens, valued at around 114 million USD, aiming to gradually enhance the long-term value of the token through a deflationary mechanism.This burn was carried out based on the HTX DAO governance mechanism, extracting 50% of the revenue from Huobi HTX's first quarter of 2025 for token burning. The burn funds were primarily executed through the Sun.io channel and completed with publicly transparent records on-chain. Users can check the specific burn details through the transaction hash.

ChainCatcher news, according to Whale Alert monitoring, at 23:50 Beijing time, USDC Treasury has burned another 100 million USDC on the Ethereum chain.Since 21:29, USDC Treasury has burned a total of 250 million USDC on the Ethereum chain.

ChainCatcher message, according to Whale Alert monitoring, about 2 minutes ago, USDC Treasury burned another 50 million USDC on the Ethereum chain.

ChainCatcher news, according to Whale Alert monitoring, about 5 minutes ago, USDC Treasury burned 50 million USDC on the Ethereum chain.

ChainCatcher news, according to Whale Alert monitoring, at 23:18 Beijing time, USDC Treasury burned 5,000 USDC on the Ethereum chain.

ChainCatcher message, according to Whale Alert monitoring, at 22:23 Beijing time, USDC Treasury burned 50,050,000 USDC, approximately 50.04 million USD.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, after Zhao Changpeng publicly donated and destroyed some tokens, the asset balance decreased to around 1.85 million USD, with the top asset being BNB (1780 coins), while the proportion of Meme coin assets dropped to 42%. It is uncertain whether Zhao Changpeng will continue to destroy the remaining Meme coins.As a result of this news, all three destroyed tokens experienced a brief surge, followed by a retraction of the gains.

ChainCatcher news, Binance founder Zhao Changpeng stated, "I have sent some high-value tokens (six to seven figures) from the donation address to the burn address. There are currently some new AI solutions that can automate this process, but they have not yet undergone security review. The remaining portion will be handled later. Please do not send tokens to this address anymore and do not expect any interaction."ChainCatcher previously reported that, according to Arkham monitoring, Zhao Changpeng's donation wallet has burned $1.1 million worth of Broccoli (0xa14), $540,000 worth of Broccoli (0x6d5), and $1.95 million worth of Tutorial tokens.

ChainCatcher news, the Web3 financial education platform BugsCoin (BGSC) has recently completed the destruction of 416,071,998 BGSC tokens (approximately 4 million USD), with the funds sourced from project referral commission profits for buyback. This destruction significantly reduces the circulating supply and further enhances the scarcity of BGSC.Perhaps influenced by this move, the price of BGSC has increased by 800% over the past week, with a substantial rise in trading activity. As the BugsCoin ecosystem continues to expand, the market performance of BGSC continues to rise.

ChainCatcher news, on-chain detective ZachXBT posted that the Crypto.com team recently reissued 70 billion CRO tokens, which were previously promised to be "permanently destroyed" in 2021, accounting for 70% of the total supply. This move seriously violates community consensus, as the team controls the majority of the token circulation.ZachXBT criticized this behavior as akin to fraud and questioned why Truth still chooses to cooperate with them instead of other platforms like Coinbase or Kraken.Previous news, Trump Media & Technology Group (TMTG) announced that it has reached a preliminary cooperation intention with the crypto trading platform Crypto.com, planning to jointly launch a series of ETFs and related products through its fintech brand Truth.Fi, expected to be officially launched in 2025, pending the signing of a final agreement and regulatory approval.

ChainCatcher news, according to Whale Alert monitoring, USDC Treasury burned 50 million USDC on the Ethereum chain a few minutes ago.