Wednesday, December 8, 2021
Home Crypto News Exchanges Binance Burned 1.3 Million BNB Worth $640 million

Binance Burned 1.3 Million BNB Worth $640 million

- Advertisement -

Binance cryptocurrency exchange conducted a quarterly BNB token burn. This time, 1.3 million tokens were burned, and the burn value became a record – almost $640 million.

Recall that the previous time tokens were burned was in July, at that time 1.2 million BNB worth $390 million were destroyed. The exchange plans to destroy tokens every quarter until 50% of the total BNB will be burned.

binance 17th quarter bnb burn Writes:

“Today we completed our quarterly BNB burn, permanently removing 1,335,888 BNB, or the equivalent of approximately $639,462,868 USD from circulation. Here’s what you need to know about our latest burn: 

  • Total BNB burned: 1,335,888 BNB

  • Approximate value in USD: ~$639,462,868 USD

  • Transaction ID (TXID) for BNB burn: View Transaction 

  • BNB burned from the Pioneer Burn Program: 17,839 BNB

  • Total BNB supply has decreased from approx. 168,137,036 BNB to 166,801,148 BNB”

Read More On:



- Advertisement -
Owner of TheCryptoBasic. Involved in cryptocurrencies for more than five years, Love to trade and write on cryptocurrencies. My primary aim is to provide genuine information to cryptocurrency readers because crypto is filled with frauds and scams. Accurate information is scarce to get. So We at TheCryptoBasic will be providing accurate information about cryptocurrencies topics that users can trust.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Floki Inu To Be Seen At Least 210 Million Times After Floki New Partnership With Russian Most Famous Football Club

 Floki Inu announced a partnership with the Russian most famous Football club "Spartak-Moscow." window.coinzilla_display = window.coinzilla_display ||...

Dogecoin Entered Top 5 Most Searched Google News Queries of 2021

Dogecoin (DOGE) ranked fourth in the list of the most searched Google searches worldwide in the News category in 2021. trends.embed.renderTopChartsWidget("12671d45-ca76-450b-9ced-14f27b4587b4", {"geo":"GLOBAL","guestPath":""}, 2021);...

New Order Announces $NEWO Token Sale Through Dutch Auction On MISO

Toronto, Canada, 8th December, 2021, New Order, a community-driven venture DAO incubator for decentralized financial (DeFi) projects, announced the public sale of its governance...

Billionaire And Former Google CEO, Eric Schmidt Becomes Chainlink Strategic Advisor

Former Google CEO and Billionaire, Eric Schmidt has joined oracle provider Chainlink Labs as a strategic advisor. ...

Shiba Inu Games Became Partners With Australian Playside Studios

Playside Studios (PLY) shares price jumped more than 4% to $0.83 after Australia’s largest publicly listed video games developer entered into a material fixed...

Visa Is Launching An Advisory Practice That Will Help Further Mainstream Adoption Of Bitcoin And Other Digital Assets

Payment giant Visa has announced the launch of a new advisory division to help clients navigate the cryptocurrencies world reported by CNBC.

10% Of Americans Plan To Give Crypto On Christmas As Gift With Bitcoin #1 Choice For Holiday Gifting

Almost every tenth citizen of the United States is ready to give cryptocurrencies as a gift for the New Year, and every fourth is...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.