Binance Quarterly burn sees $450M worth of BNB destroyed based on price and BSC blocks.

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Binance completed a quarterly burn of BNB, destroying more than $450 million worth of the token as part of its scheduled supply-reduction program. The burn is tied to Binance’s broader BNB Chain mechanism, which uses network activity and price data to determine how many tokens are permanently removed from circulation each quarter.

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Binance Quarterly burn sees $450M worth of BNB destroyed based on price and BSC blocks.

More coverage

Explore the topic

More on Binance

Binance blocks MEXC transactions after FinCEN flags MEXC as a primary money laundering concern

North Korea-linked launderers launched six meme coins on NEAR to move $430,000 in stolen Binance funds

Binance's Bitcoin mining hashrate falls 65% to 9.2 EH/s as mining pool prepares to shut down after producing just one block in a week

Binance tells users in some European countries to withdraw crypto before fees begin, with accounts closing by year-end

BNB Chain's Red Alarm flags high-risk dApps and contracts to give users more information

Binance France to close customer accounts December 31 after failing to secure MiCA authorization

Binance blocks MEXC transactions after FinCEN flags MEXC as a primary money laundering concern

North Korea-linked launderers launched six meme coins on NEAR to move $430,000 in stolen Binance funds

Binance's Bitcoin mining hashrate falls 65% to 9.2 EH/s as mining pool prepares to shut down after producing just one block in a week

Binance tells users in some European countries to withdraw crypto before fees begin, with accounts closing by year-end

BNB Chain's Red Alarm flags high-risk dApps and contracts to give users more information

Binance France to close customer accounts December 31 after failing to secure MiCA authorization

Comments

More on Binance

Binance blocks MEXC transactions after FinCEN flags MEXC as a primary money laundering concern

North Korea-linked launderers launched six meme coins on NEAR to move $430,000 in stolen Binance funds

Binance's Bitcoin mining hashrate falls 65% to 9.2 EH/s as mining pool prepares to shut down after producing just one block in a week

Binance tells users in some European countries to withdraw crypto before fees begin, with accounts closing by year-end

BNB Chain's Red Alarm flags high-risk dApps and contracts to give users more information

Binance France to close customer accounts December 31 after failing to secure MiCA authorization

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Total stats

How to Earn