BINANCE BURNS $390M WORTH OF BNB TOKENS
Binance burns $390M worth of BNB tokens. Binance Coin Soars 12% After KYC Leak FUD Fails to Shake Investors. Binance quietly drops multi-million Forbes defamation lawsuit. Binance Defends Matic After Altcoin Dives 60% Due to Panic by Whales. Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit. Binances CZ Overtakes Bitmain Co-Founder in New Hurun Rich List. Binance, OKX and Bybit suspend USDT and USDC deposits on Solana. Binance names Richard Teng CEO amid Changpeng Zhaos forced departure. Binance opens layer-two ETH deposits with Arbitrum One integration. but the markets don’t seem to care., 163 BNB that were destroyed through its Pioneer Burn Programan incentive that aims to help users who have lost tokens t, CRYPTONEWSMajor cryptocurrency exchange Binance has completed its 16th quarterly Binance Coin (BNB) burn, 728 BNB tokens valued at around 400m at the time., Binance's CEO Changpeng Zhao has confirmed that the exchange has burned BNB tokens worth 390 million. This means that 1, Binance burns 390M worth of BNB tokens. Open in App, Binance reported that it had, Key Takeaways Binance has completed its 16th quarterly Binance Coin (BNB) burn, destroying over 390 million worth of BNB. On July 18, a regular practice that keeps the coin's value strong. Over 1.2 million BNB tokens have been destroyed, 726 tokens have now been taken out of circulation. Token, The burning of tokens in the crypto space is one thing that is said to help token price. Binance as usual has destroyed about 400 million worth of BNB in its 16th quarterly, Binance has completed its 16th quarterly Binance Coin (BNB) burn, Binance should have made close to 2 billion in profit since April. Despite the exchange removing over 1.2 million, The exchange noted an additional 5, Binance conducts quarterly burns of BNB, Major cryptocurrency exchange Binance has completed its 16th quarterly Binance Coin (BNB) burn, the world’s largest crypto exchange by volume, destroying over 390 million worth of BNB.On Sunday, Binance has destroyed 400 million worth of BNB in its 16th quarterly token burn event, where a portion of the coin supply is permanently removed. This deflationary mechanism can potentially increase the value of BNB, a regular practice that keeps the coin's value strong. Over 1.2 million BNB tokens have, Cryptocurrency exchange Binance announced on Monday that it had conducted a planned token burn, destroying over 390 million worth of BNB. On Sunday, destroying 390 million worth of Binance Coins (BNB) – second largest amount in has gone through its quarterly token burn, With BNB tokens valued at 390 million burned this quarter, today announced the completion of its 25th quarterly burn of its native Binance Coin (BNB). The company said it incinerated 2.13 million BNB, Crypto exchange Binance, Binance has burnt about 390m worth of Binance Coin in its 16th quarterly token burn event. The company announced that it had destroyed 1, destroying over 390 million worth of BNB.On Sunda, Binance destroys 390M worth of BNB coins in quarterly token burn - Binance has destroyed 400 million worth of BNB in its 16th quarterly, 296, Binance reported, burning more than 450 million worth of its native BNB tokens. BNB is currently trading, making the remaining tokens more valuable for holders. BNB powers the BNB Chain ecosystem is the native coin of BNB, Over 2.1M BNB permanently removed from circulation, Binance..