• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Update on Binance’s 21st Quarterly BNB Burn

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Cryptocurrency exchange Binance has just finished its 21st quarterly BNB burn up in the previous 3 months, a time period of reduced volatility in the cryptocurrency industry.

Update on Binance’s 21st Quarterly BNB Burn

According to the announcement published on the afternoon of October 13, the volume of BNB burned in the quarterly coin burn up is about two million VND, really worth much more than 547.two million bucks.

Related articles

The Lens protocol performs V2 update on Polygon

The Lens protocol performs V2 update on Polygon

November 14, 2023
Ava Labs proposes to update Astra to improve the subnet architecture

Ava Labs proposes to update Astra to increase the subnet architecture

October 31, 2023

Compared to the 20th token burned, the most up-to-date BNB consumption improved somewhat in the two the volume of BNB burned and the USD worth, partly due to the fact the BNB cost recovered somewhat from the July time period.

#BNB it is deflationary. https://t.co/fQJs07aTIc

– CZ Binance (@cz_binance) October 13, 2022

Recently, BNB’s chain bridge was attacked, the harm was estimated at $ 586 million, noticed the hacker withdraw the volume of BNB two million – really worth $ 586 million at the time. . Although BNB Chain was swift to prevent hackers from retreating, the undesirable guys nevertheless managed to pass all over $ one hundred million to other ecosystems. Binance CEO Changpeng Zhao recommended employing the approaching BNB burn up to compensate for the token lockdown.

Meanwhile, BNB Chain is nevertheless letting the local community come to a decision how to deal with frozen tokens to be certain the spirit of decentralization on the blockchain.

1D chart of the BNB / USDT pair on the Binance exchange at five:25 pm on October 13, 2022

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: 21stBinancesBNBBurnQuarterlyupdate
Share76Tweet47

Related Posts

Strategy & Metaplanet Secure $200M in Bitcoin Amid Market Correction

by shark
June 3, 2025
0

MicroStrategy's Michael Saylor and Metaplanet's Simon Gerovich lead significant Bitcoin acquisitions totaling $200 million amid a market correction.

Elon Musk’s XChat Faces Cryptography Scrutiny After Launch

by shark
June 3, 2025
0

Elon Musk announced the launch of XChat on June 2, 2025, sparking controversy with claims about 'Bitcoin-style encryption'.

Circle Upsizes IPO, Valuation Exceeds $6 Billion

by shark
June 3, 2025
0

Circle Internet Financial has increased its IPO to 32 million shares, raising the potential valuation to over $6 billion.

Russia’s Sberbank Launches Bitcoin-Linked Structured Bonds

by shark
June 3, 2025
0

Sberbank, Russia's largest bank, has announced the launch of structured bonds linked to Bitcoin, reflecting a pivotal shift in Russia's...

Shiba Inu Price Drops Amid Key Indicator Low

by shark
June 3, 2025
0

Shiba Inu's price faces challenges as a key technical indicator hits a three-month low, signaling potential market implications.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Strategy & Metaplanet Secure $200M in Bitcoin Amid Market Correction
  • Elon Musk’s XChat Faces Cryptography Scrutiny After Launch
  • Circle Upsizes IPO, Valuation Exceeds $6 Billion
  • Russia’s Sberbank Launches Bitcoin-Linked Structured Bonds
  • Top-Rated Cryptos in 2025: BlockDAG, Polygon, DOT, & Aptos
  • Shiba Inu Price Drops Amid Key Indicator Low
  • Bitcoin Adoption Mirrors 2000 Internet User Growth
  • Meta Rejects Bitcoin Reserve Proposal, Market Remains Unfazed
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7