In its 21st quarterly burning event, Binance permanently burned $547 million worth of Binance Coin (BNB), but the markets have remained stable. In a statement, Binance said that a total of 2,065,152 BNB tokens, priced slightly under $600 million at the time of writing, had been destroyed. The exchange also noted that 4,833.25 BNB tokens were burned through its Pioneer Burn Program, which aids users who unintentionally lost their digital assets. #Binance Completes 21st Quarterly #BNB Burn! 🔥 2.06m #BNB has been burned 🔥 pic.twitter.com/VHvt1E4FzB — Binance (@binance) October 13, 2022 Depending on specific criteria, the exchange pays these The post Binance Permanently Destroyed $547 Million Worth of BNB appeared first on Cryptoknowmics-Crypto News and Media Platform.
