2021-12-23 13:26 |
Binance exchange has competed another scheduled quarterly BNB burn and announced switching to auto-burn of tokens from now on
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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.
2021-10-19 19:17 | |
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The world’s largest cryptocurrency exchange by trading volume, Binance, has completed its 16th quarterly token burn of close to $400 million U. S. dollars worth of Binance Coin (BNB). Nonetheless, the news has had no effect on BNB’s price.
2021-7-20 21:16 | |
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Major cryptocurrency exchange Binance has announced that it successfully completed the 16th quarterly token burn yesterday, removing $393.6 million worth of Binance Coin (BNB) from circulation. The post Binance ‘burns’ nearly $400 million worth of BNB appeared first on CryptoSlate.
2021-7-20 16:16 | |
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Crypto exchange Binance has burnt a considerable amount of its native token BNB under its 16th quarterly burn event. The world’s largest crypto exchange by trading volume burnt about 1. 3 million BNB tokens worth around $393 million.
2021-7-20 16:00 | |
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Binance, the leading cryptocurrency exchange in terms of volume, has completed the 16th quarterly burn of its native token, Binance Coin (BNB/USD). The exchange unveiled this news through an official announcement on July 18, noting that it burned 1,296,728 BNB worth approximately $393,673,653.
2021-7-20 14:28 | |
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Binance has destroyed $400 million worth of BNB in its 16th quarterly token burn event, but the markets don’t seem to care.
2021-7-19 10:34 | |
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Binance Coin (BNB) completed its 15th burn last week, with nearly $600 million worth of BNB tokens burned. The activity is a quarterly ritual aimed at reducing the number of BNB tokens in circulation.
2021-4-19 15:01 | |
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Earlier this week, Binance announced through a blog post that it had burned nearly 1. 1 million BNB tokens, which was worth $600 million at the time, in its latest quarterly burn. The total supply of BNB decreased from 170 million BNB to 169 million BNB.
2021-4-18 15:39 | |
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Binance exchange has given its native token holders another reason to celebrate holding BNB. In its latest quarterly BNB burn, the exchange has set a record with a total of 1,099,888 BNB wiped out from the total supply.
2021-4-17 00:23 | |
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BNB seems to be in the fifth wave of an ongoing bullish impulse. BNB Token Burn During its launch, Binance committed to burn 100 million BNB. The burning program involves the buyback and subsequent destroying of BNB tokens each year to reduce the total supply.
2021-4-17 21:00 | |
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Leading crypto exchange Binance has reported another scheduled quarterly burn of BNB – this time destroying a record worth of BNB is USD
2021-4-16 12:09 | |
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Криптовалютная биржа Binance осуществила пятнадцатое квартальное сжигание токенов Binance Coin (BNB). Из обращения выведено 1 099 888 BNB ($595 млн на момент проведения операции). #Binance Completes 15th Quarterly #BNB Burn🔥🔥 A record $595.
2021-4-17 11:45 | |
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Binance Coin (BNB) is up over 130 percent since its latest quarterly token burn
2021-2-10 17:53 | |
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The Binance exchange recently burned 3,477,388 Binance Coins (BNB), equivalent to US$60.5 million.
2020-7-21 15:01 | |
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Today, Binance announced the twelfth quarterly burn of its native token Binance Coin (BNB) which was the largest ever yet, reducing about 3. 4 billion BNB from the circulation. Not only was this the largest ever burn in terms of BNB supply but also in USD value at $60.
2020-7-19 20:21 | |
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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.
2020-4-20 19:36 | |
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Binance’s tenth quarterly BNB burn had analysts discussing the exchange’s continued rise in implied profits despite a supposedly slower quarter. Binance BNB Burn #10 and Presumptive Profit The quarterly BNB burn has become something of a market indicator for the health of the broader crypto industry.
2020-1-22 17:21 | |
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Recently, Binance performed its tenth quarterly burn of BNB coins. Up until Q2 of last year, the total coins burned were determined by 20 percent of its profits for every quarter. This often painted successive pretty pictures for the well-known exchange.
2020-1-22 19:10 | |
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Binance has not only emerged as a major player in the cryptocurrency world, but its native coin, Binance coin [BNB], has also created ripples after it completed its 10th quarterly burn. According to BThe post Binance's 10th BNB burn marks fourth consecutive quarter of growth appeared first on AMBCrypto.
2020-1-21 15:00 | |
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Binance carried out its 10th token burn, removing ~$38. 8 million worth of BNB from circulation, forever. Binance Performs its 10th Quarterly Token Burn The malta-based crypto exchange, Binance, has just carried out its 10th quarterly token burn, removing $38.
2020-1-18 14:05 | |
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On Oct. 17, leading cryptocurrency exchange Binance announced the 9th quarterly BNB burn of 2,061,888 BNB, equivalent of $36. 7 million. The removal of over 2 million BNB has only 187,536,713 left in the total supply, as per Coinmarketcap.
2019-10-19 17:58 | |
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Everybody likes a good supply-sapping token burn. The first quarterly kilning of native exchange tokens took place in October of 2017 at Binance, and burning is now conducted by Huobi and Bitfinex, as well as Tether when trouble brews and people want their real dollars back, among others.
2019-10-20 16:30 | |
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Today, Binance exchange announced that they had completed their 9th quarterly BNB token burn in accordance with the token’s whitepaper. Over 2 million BNB worth around $36. 7 million was burnt during this process.
2019-10-17 14:00 | |
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There has been little to get excited about this week on crypto markets. The bears have ramped up the pressure and the selloff has continued resulting in $14 billion leaving the space since late last week.
2019-10-17 10:45 | |
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Binance, the current biggest cryptocurrency exchange announced their quarterly burn. This is the destruction of the exchange’s Binance coin (BNB) tokens. So this July 12, 808,888 BNB Tokens worth over $25 million were burned, Tokens that Binance says were allocated only for the Binance Team and not any tokens that belonged to private users.
2019-7-13 11:18 | |
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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.
2019-7-13 04:30 | |
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The world’s largest exchange, Binance has announced the 8th quarterly BNB burn on July 12. These burned coins belong to the Binance team, as part of their pledge to give up all of their BNB allocations.
2019-7-12 16:11 | |
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Binance says it has completed the eight quarterly "burn" of Binance coin tokens – all from its team's allocation.
2019-7-12 15:31 | |
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Binance is the world’s leading cryptocurrency exchange by trading volume, well-known for its transparency and its focus on keeping consumers happy. Binance’s native token, BNB, has recorded tremendous growth throughout 2019, breaching its all-time high on a couple of occasions.
2019-7-12 13:30 | |
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Binance has quietly updated its white paper, rewording the description of quarterly manipulations with BNB from “repurchasing” to “burn”
2019-4-20 16:18 | |
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As the supply of Binance Coin (BNB) is reduced, prices are attempting to break the $20 barrier.
2019-4-16 18:00 | |
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The team at Binance has informed the crypto and investor communities that they have carried out the 6th quarterly Binance Coin (BNB) token burn. The exchange went on to estimate that the amount of coins destroyed during this event were worth $9.
2019-1-16 13:34 | |
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Few people would have been able to predict the immense success of Binance, the world’s largest cryptocurrency exchange by… The post Binance Now Operating in Uganda, Successfully Completes 5th BNB Quarterly Burn appeared first on Invest In Blockchain.
2018-10-18 16:20 | |
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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.
2018-10-17 10:19 | |
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Binance CEO Changpeng Zhao (CZ) has released a ‘Recap’ of the popular exchange’s quarterly ‘coinburn’. For this quarter’s burn, Binance will be rebuying and destroying 2. 5 million of their native BNB tokens, worth approximately $32 million.
2018-7-19 03:38 | |
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Changpang Zhao, the well-known CEO and founder of Binance, has just released Binance’s “Q4 Recap” article, which covers a variety of insider insights on the progress of the platform over the past 3 months.
2018-7-18 08:24 | |
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Binance CEO Changpeng Zhao (CZ) has released a ‘Recap’ of the popular exchange’s quarterly ‘coinburn’. For this quarter’s burn, Binance will be rebuying and destroying 2.
2018-7-18 02:51 | |
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The CEO of the world’s foremost cryptocurrency exchange, Binance, has just confirmed that it will be going forward with an upcoming BNB token burn. Binance’s Fourth Token Burn Binance has become well-known for offering so-called ‘token/coin burns’, buying back and destroying its native cryptocurrency (BNB) every fiscal quarter.
2018-7-17 23:30 | |
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International, multi-language cryptocurrency exchange behemoth Binance has officially announced the fourth quarterly coin burn of its in-house Binance Coin token (BNB). @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. Binance’s last
2018-7-16 20:54 | |
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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.
2018-7-16 16:00 | |
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Binance’s quarterly coin burn is coming up soon on July 18th, according to the schedule set by Binance. The coin burn is part of the schedule mentioned in the BNB whitepaper. Burning a coin is the process of sending the token to an address that is invalid and does not have a private key. This […]
2018-7-6 00:04 | |
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