Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Holograph's first HLG burn has been completed, destroying a total of approximately 53.24 million tokens

Holograph's first HLG burn has been completed, destroying a total of approximately 53.24 million tokens

Cointime2024/06/20 07:34
By: Cointime
HLG0.00%NFT+0.15%

On June 20th, Holograph, the full-chain NFT protocol, announced that it has completed its first HLG token burn, destroying a total of 53,249,975 tokens with 946,750,025 HLG tokens remaining to be burned. Additionally, there are currently around 800 million HLG tokens in circulation. After extensive discussions with the community, a plan has been initiated to restore the total supply of HLG tokens to 10 billion.

Previously, Holograph released a vulnerability update after a former contractor exploited a loophole to mint an additional 1 billion HLG tokens on Mantle, causing the protocol to be temporarily locked. The malicious actor has been frozen out of multiple exchange accounts, with at least 200 million of the extra tokens being frozen.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — ZKC/USDT!
Bitget Announcement2025/09/16 06:28
CandyBomb x ZKC: Trade futures to share 66,666 ZKC!
Bitget Announcement2025/09/16 06:00

Trending news

More
1
Bitget Trading Club Championship (Phase 9)—Trade spot and futures to share 120,000 BGB, up to 2200 BGB per user!
2
New spot margin trading pair — ZKC/USDT!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,654.04
+1.33%
Ethereum
Ethereum
ETH
$4,515.36
+0.07%
XRP
XRP
XRP
$3.04
+1.84%
Tether USDt
Tether USDt
USDT
$1
+0.03%
BNB
BNB
BNB
$959.7
+4.48%
Solana
Solana
SOL
$236.41
+1.27%
USDC
USDC
USDC
$1.0000
+0.02%
Dogecoin
Dogecoin
DOGE
$0.2701
+1.27%
TRON
TRON
TRX
$0.3429
-0.53%
Cardano
Cardano
ADA
$0.8793
+2.12%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter