24th Quarterly BNB Burn Successfully Completed by Binance
The embattled crypto exchange giant Binance completed its quarterly burn of 1.99 million BNB coins worth around $477 million on Wednesday successfully. The exchange has been conducting such quarterly burns of BNB to redu...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The exchange has been conducting such quarterly burns of BNB to reduce the token’s supply since October 2017.
The price of the BNB did not see a significant increase after the burn was executed as the token traded around $244, 1% up in the last 24 hrs. ...
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