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Saturday, May 24, 2025

Amazon Called SHIB “Solid Daily Burner”, Cardano Founder “Facepalms” Solana Hack, Japan’s Bitbank Now Supports DOGE and DOT: Crypto News Digest by U.Today - U.Today

U.Today has prepared the top four news stories over the past day.
Amazon proved to be SHIB "solid daily burner"
According to a recent tweet by @shib_superstore, the official Twitter account of Travis Johnson's gaming shop, Amazon has proved to be a successful SHIB burner on a daily basis. The Shib Super Store has been incinerating meme tokens via an Amazon affiliate program for a few months now, destroying from 426,621 to 4,212,299 SHIB per day. However, the value of these seemingly huge amounts of tokens is only $5 and $50, respectively. Hence, the maximum sum of SHIB that Amazon can destroy per month is 122,306,201 ($1,500). Overall, the SHIB burn rate does not look good for the token’s price: over the past week, only 0.0002% of the SHIB supply in circulation was burned (1.13 billion tokens worth $13,500).
Cardano founder "facepalms" Solana (SOL) multi-million-wallet hack
The founder of the Cardano blockchain, Charles Hoskinson, has taken to Twitter to comment on Solana’s latest...



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