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Tag: 971m

BNB Chain Burns $971M in Tokens in Latest Q4 Event

BNB Chain Burns $971M in Tokens in Latest Q4 Event

A Leap Towards a Sustainable Future: The 28th BNB Burn Explained In an era where digital currencies continue to redefine financial landscapes, the BNB Foundation has made another commendable move towards achieving a sustainable economy within the cryptocurrency world Recently, they announced the completion of their 28th quarterly token burn, permanently eliminating approximately 1,643,698 8 BNB, valued at close to $971 million, from circulation This significant event underscores the foundation's ongoing commitment to maintaining a circulating supply target of 100 million BNB The Journey of BNB: From ethereum to its Own Chain Since its mainnet launch on April 18, 2019, BNB has transitioned from the ethereum Network, marking its sovereignty with the BNB Chain...

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