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Cryptopolitan 2023-07-19 12:11:45

BNB auto-burn: Binance’s 24th quarterly burn eliminates $44.61 million worth of tokens

Binance, one of the leading cryptocurrency exchanges, has completed its 24th quarterly burn of its native BNB coins. This strategic move was executed through the BNB Automatic Burn mechanism, aimed at reducing the overall circulating quantity of BNB tokens and increasing their potential value. The burn event witnessed the permanent destruction of 1.99 million BNB ... Read more

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