Binance yesterday completed its eighth quarterly "burn" of BNB. With this move, the exchange follows its commitment to reduce the total token supply periodically. However, along with the obligatory token burn, Binance CEO Changpeng "CZ" Zhao announced that his company would relinquish its entire BNB allocation as part of its efforts to promote the growth […]
The post Binance to Burn Over $2.5 Billion of Its BNB Stash. Guess Who Benefits? appeared first on CCN Markets
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