Category: BNB

Binance destroys $60.5 million-worth of BNB in greatest burn to this point

  Briefly The burn eliminated 3,477,388 BNB—value $60.5 million—from circulation. Binance destroys BNB each quarter to spice up the value of its native cryptocurrency. However the burn didn’t increase the value of the token. Cryptocurrency alternate Binance on Friday introduced its greatest ever coin burn—eradicating $60.5 million value of BNB from circulation.  The coin burn