- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
OKB Burning History: In 2020, 70% of non-circulating tokens were burned, totaling 213 million tokens burned in 28 times over 6 years.
BlockBeats News, August 13, as recorded and organized by BlockBeats:
In 2018, the total supply of OKB publicly disclosed at the time of issuance was 1 billion, with an initial issuance of 300 million.
On February 10, 2020, OKX (then OKEx) announced the launch of the OKChain testnet and burned 700 million non-circulating OKB. At the launch of the OKChain testnet, 13,978,364 OKB had been burned, and the circulating supply was 286,021,636 OKB.
OKB rose by 36.5% on the day, reaching a high of $7.4 within 6 days, with a total increase of about 90%.
Since May 4, 2019, OKB has been burned a total of 28 times, with a cumulative burn of 213,743,286 OKB.
Prior to this, BlockBeats reported that OKEx announced today that it will burn a total of 65.25 million OKB from historical buybacks and reserves in one go on August 15, fixing the total supply at 21 million OKB.
You may also like
Circle CEO’s Insight: The Future of Stablecoins and Digital Financial Platforms
Key Takeaways: Circle completed a noteworthy IPO in 2025, signifying a major milestone in the crypto space. The…
NVIDIA GTC 2026 Set to Gather Global Tech Enthusiasts
Key Takeaways: NVIDIA GTC 2026 will occur in San Jose from March 16-19, bringing together over 30,000 participants.…
What Competitive Edges Still Remain in the AI era?
Key Takeaways: AI’s ability to write code and automate tasks is reshaping traditional job structures, pushing for new…
Aave’s New Protective Layer: Introducing Aave Shield
Key Takeaways: Aave has introduced the Aave Shield feature, designed to block swaps with a price impact exceeding…
U.S.-Iran Conflict Intensifies Amid Diplomatic Stalemate
Key Takeaways: Middle Eastern efforts to mediate U.S.-Iran tension have been declined by both nations, indicating a readiness…
AI “Brainwashing” Scandal: Spotlight on GEO and Data Poisoning in Large Models
Key Takeaways: The GEO business has emerged, capitalizing on AI manipulation by making products appear as standard answers…
Bitwise CIO: Bitcoin’s Potential to Reach $1 Million if it Captures Gold and Sovereign Debt Market Share
Key Takeaways: Matt Hougan of Bitwise suggests that Bitcoin could reach a $1 million price if it captures…
Argentinian President Milae Accused of $5 Million Scheme with LIBRA Token
Key Takeaways: President Milae is alleged to have facilitated a $5 million scam involving LIBRA tokens. The scheme…
Aave Post-Mortem: Liquidity Shortfall Causes $50 Million Loss
Key Takeaways: On March 12, 2026, a significant token swap on Aave led to a $50.43 million discrepancy…
Bitcoin’s HODL Strategy Faces a 5.96% Unrealized Loss
Key Takeaways: Bitcoin holds a current unrealized loss of 5.96%, translating to an estimated $3.34 billion. Bitcoin has…
Polymarket’s Predictions on Bitcoin’s 2026 Trajectory
Key Takeaways: Polymarket assigns a 40% probability for Bitcoin hitting $100,000 this year, emphasizing market uncertainty. The chances…
Michael Saylor’s Recent Moves and the Implications for Bitcoin Accumulation
Key Takeaways: As of March 8, 2026, Strategy, led by Michael Saylor, accumulated a total of 738,731 BTC…
Bitcoin Weekly Return Hits 8.55%, Largest Surge Since 2025
Key Takeaways: Bitcoin’s weekly return rate has surged to 8.55%, marking its most significant weekly gain since September…
Tom Lee: Oil Price Hike and U.S. Stock Market Dynamics
Key Takeaways: Tom Lee suggests that rising oil prices might bolster rather than hinder the U.S. stock market…
「Wood Sister」: Market Bravery Amidst Fear
Key Takeaways: Cathie Wood sees the current market climate as an opportunity to buy volatile stocks due to…
China Internet Finance Association Issues Warning on OpenClaw Security Risks
Key Takeaways: OpenClaw smart agent, while boosting efficiency, is highly susceptible to exploitation due to weak security and…
Oil Price Soars Amid US-Iran Tensions: Strategic Moves for Investors
Key Takeaways: The US-Iran conflict has led to a 45% surge in oil prices since February 27th, importantly…
CEX Observes a Net Inflow of 4300.25 BTC Over the Past Week
Key Takeaways: Significant BTC inflows were recorded on major crypto exchanges, totaling 4300.25 BTC over the last seven…
Circle CEO’s Insight: The Future of Stablecoins and Digital Financial Platforms
Key Takeaways: Circle completed a noteworthy IPO in 2025, signifying a major milestone in the crypto space. The…
NVIDIA GTC 2026 Set to Gather Global Tech Enthusiasts
Key Takeaways: NVIDIA GTC 2026 will occur in San Jose from March 16-19, bringing together over 30,000 participants.…
What Competitive Edges Still Remain in the AI era?
Key Takeaways: AI’s ability to write code and automate tasks is reshaping traditional job structures, pushing for new…
Aave’s New Protective Layer: Introducing Aave Shield
Key Takeaways: Aave has introduced the Aave Shield feature, designed to block swaps with a price impact exceeding…
U.S.-Iran Conflict Intensifies Amid Diplomatic Stalemate
Key Takeaways: Middle Eastern efforts to mediate U.S.-Iran tension have been declined by both nations, indicating a readiness…
AI “Brainwashing” Scandal: Spotlight on GEO and Data Poisoning in Large Models
Key Takeaways: The GEO business has emerged, capitalizing on AI manipulation by making products appear as standard answers…
App