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Binance Burns 50 Million BNB as the First Step to Migrate From Ethereum to Binance Chain

Binance Coin has taken the first step towards migrating to its own Binance Chain as 50 million of Ethereum-based BNB tokens are now burned. The world’s largest cryptocurrency exchange by trading volume Binance has burned a small chunk of its native token Binance Coin (BNB), per the announcement made by its CEO Changpeng Zhao. Just […] дальше »

2019-4-23 19:55


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Binance Burns More Than 1.6 Million BNB Coins But Price Drops

The world’s largest cryptocurrency exchange by volume Binance had completed its 5th scheduled token burn. The price has reacted negatively so far, however, despite the reduction in BNB supply. 1,643,986 Binance Coins (BNB) Destroyed In an official release dated October 17, Binance announced that it has successfully completed its 5th quarter token burn, as per its whitepaper. дальше »

2018-10-18 02:00


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Q3 2018: Binance Rakes In $85 Million, Burns 1.6 Million BNB

Binance Torches $17 Million In BNB For 5th Quarterly Burn When Binance’s whitepaper was first released in early-2017, many investors were immediately drawn to the startup’s proposed quarterly buyback policy, in which Binance would allocate 20% of its profits to buy back its in-house digital asset (BNB) at market values in an apparent bid to please investors. дальше »

2018-10-17 10:19


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Binance and KuCoin Commence Quarterly Burns of BNB and KCS Tokens

International, multi-language cryptocurrency exchange behemoth Binance has officially announced the fourth quarterly coin burn of its in-house Binance Coin token (BNB).   The announcement comes via Binance’s founder and CEO, Changpeng Zhao, on Twitter — where the business executive wrote: @binance is doing a final tally on the numbers, and will announce our 4th quarterly burn in the next day or so, and finish the burn within a couple days after that. дальше »

2018-7-16 16:00


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