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Binance Just Took Over Half A Billion Dollars Worth Of BNB Completely Out Of Circulation In 17th Quarterly Burn

On Tuesday, Binance announced that it had burned 1,335,888 BNB valued at approximately $639,462,868. Coin burning is a process by which cryptocurrency miners or exchanges periodically take out a certain portion of coins from circulation to control price through supply restriction. дальше »

2021-10-19 19:17


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Trust Wallet Burns 89 Billion TWT – Migrates to Binance Smart Chain to Enhance its Ecosystem

Trust Wallet announced that they have completed the burning of 89 billion TWT tokens to reduce the total supply from 90 billion TWT to 1 billion TWT and avail the token on the Binance Smart Chain. The move is expected to enable TWT to leverage the strength of the growing Binance ecosystem, to unlock various […] дальше »

2020-10-7 22:29


Crypto Exchanges Contribute to Curve Finance’s Front-Run & Premined CRV Token Launch Insanity

Within hours of the surprising launch of the CRV token, the leading spot exchange Binance announced the listing of the token with deposits now opened but said due to the token’s limited circulating supply, trading won’t start until a “sufficient enough” levels of CRV deposits are reached. дальше »

2020-8-15 20:07


Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits?

Binance yesterday completed its eighth quarterly "burn" of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng "CZ" Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth […] The post Binance to Burn Over $2. дальше »

2019-7-13 04:30