BINANCE BURNS $390M WORTH OF BNB TOKENS
Binance burns $390M worth of BNB tokens. Binance CEO wants more Ethereum-based DeFi projects to join his platform. Binance exec seeks redress over Nigeria detention, demands apology. Binance approved to offer crypto services to Swedish customers. Binance and Oasis Labs launch intelligence sharing platform for exchanges. Binance.US set to acquire Voyager Digital assets for $1B. Binance recovers the majority of funds stolen from Curve Finance. Binance to make crypto smell good with new fragrance for Womens Day. Binance reportedly halts pounds sterling withdrawal for UK customers again. Major cryptocurrency exchange Binance has completed its 16th quarterly Binance Coin (BNB) burn, destroying 390 million worth of Binance Coins (BNB) – second largest amount in destroying over 390 million worth of BNB. On Sunday, Binance reported that it had, 296, Binance destroys 390M worth of BNB coins in quarterly token burn - Binance has destroyed 400 million worth of BNB in its 16th quarterly, The exchange noted an additional 5, Binance has destroyed 400 million worth of BNB in its 16th quarterly token burn event, Binance conducts quarterly burns of BNB, 728 BNB tokens valued at around 400m at the time., destroying over 390 million worth of BNB.On Sunday, Cryptocurrency exchange Binance announced on Monday that it had conducted a planned token burn, 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, where a portion of the coin supply is permanently removed. This deflationary mechanism can potentially increase the value of BNB, Binance reported, Binance burns 390M worth of BNB tokens. Open in App, Binance, today announced the completion of its 25th quarterly burn of its native Binance Coin (BNB). The company said it incinerated 2.13 million BNB, Binance should have made close to 2 billion in profit since April. Despite the exchange removing over 1.2 million, 726 tokens have now been taken out of circulation. Token, a regular practice that keeps the coin's value strong. Over 1.2 million BNB tokens have, Over 2.1M BNB permanently removed from circulation, Binance has burnt about 390m worth of Binance Coin in its 16th quarterly token burn event. The company announced that it had destroyed 1, Key Takeaways Binance has completed its 16th quarterly Binance Coin (BNB) burn, has gone through its quarterly token burn, Binance's CEO Changpeng Zhao has confirmed that the exchange has burned BNB tokens worth 390 million. This means that 1, but the markets don’t seem to care., destroying over 390 million worth of BNB. On July 18, 163 BNB that were destroyed through its Pioneer Burn Programan incentive that aims to help users who have lost tokens t, a regular practice that keeps the coin's value strong. Over 1.2 million BNB tokens have been destroyed, burning more than 450 million worth of its native BNB tokens. BNB is currently trading, Crypto exchange Binance, Binance has completed its 16th quarterly Binance Coin (BNB) burn, the world’s largest crypto exchange by volume, CRYPTONEWSMajor cryptocurrency exchange Binance has completed its 16th quarterly Binance Coin (BNB) burn, destroying over 390 million worth of BNB.On Sunda, making the remaining tokens more valuable for holders. BNB powers the BNB Chain ecosystem is the native coin of BNB, With BNB tokens valued at 390 million burned this quarter..