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In accordance with the Binance whitepaper, we have completed our 11th quarterly BNB token burn of 3,373,988 BNB (roughly $52,466,000 USD equivalent). 11th Quarterly BNB Burn Txid:
Crypto exchange Binance has today completed the 11th quarterly burn of its BNB tokens. Binance has burned $52.5 million worth of BNB in Q1 of 2020, a 35.2% increase from $38.8 million in Q4 of...
Binance just completed its 11th token burn, which is the largest one to date. Binance burned nearly $52.5 million in BNB, and with this burn, 10% of BNB is now out of circulation.
Binance, one of the largest cryptocurrency exchanges in the world has just announced the 11th quarterly BNB Burn related to the first part of the current year. The exchange has burned 3,373,988 BNB coins, which was eq...
The cryptocurrency exchange burned about 20% of its quarterly profit amounting to more than 3.3 million BNB ($52.4million) which is equivalent to 1.69% of Binance coin supply.
[Binance Coin] BNB Burn History table displays the amount of BNB tokens burnt since the 1st burn, as well as BNB total supply and the burn percentage (%) at each burn event.
Exchange permanently took away about $52.5M worth of BNB out of circulation. It’s a 35.2% increase from $38M in Q4 2019. To date, a total of 20.12M BNB (equivalent to $298M) has been burned, representing about 10.1% o...
Binance has conducted its 11th quarterly burn, amounting to 3,373,988 BNB. This burn, from January to March 2020, permanently took away about 52.5 million USD worth of BNB out of circulation. This is the biggest BNB b...
The BNB Auto-Burn mechanism adjusts the amount of BNB to be burned based on BNB's price and the number of blocks generated on BNB Smart Chain (BSC) during the quarter.
According to Binance’s official announcement, the exchange was able to burn 3,373,998 BNB in its 11th quarterly burn. So far, this has been the biggest BNB burn, followed closely by its 4th burn at 2.5 million BNB coins.
