Crypto exchange Binance has completed its quarterly burn, removing 3.7 million BNB from the ecosystem.

Binance Destroys $166 Million of BNB in Largest Burn Ever

Binance has unlocked 16 million BNB for its staff that were supposed to be released in July 2020. The exchange simply forgot.

Binance Staff Unlock ‘Forgotten' $750 Million in BNB

The global cryptocurrency exchange Binance may soon torch more of its own utility token, Binance Coin (BNB). Binance CEO Changpeng Zhao says he's exploring whether to destroy BNB at a faster rate and reduce the coin's overall supply. “This weekend, our team has been discussing an Accelerated Burn program for BNB. More details to come. […] The post Binance May Soon Torch Supply of Crypto Asset BNB in ‘Accelerated Burn' appeared first on The Daily Hodl.

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