burn

This is the plan to burn more BNB, Binance’s cryptocurrency

This is the plan to burn more BNB, Binance's cryptocurrency

Key facts: The proposal bears some similarity to EIP-1559, which was activated on Ethereum. The price of BNB is expected to increase due to the further reduction in its working capital. Following in the footsteps of Ethereum, which recently introduced a fee-burning system with EIP-1559, Binance Smart Chain developers want to add something similar to …

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Binance eliminates $ 640 million in BNB tokens, its biggest burn to date

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

By Hannah perez More than one million BNB tokens were taken out of circulation at Binance’s 17th burn event. The price of the cryptocurrency rose after the announcement and is approaching $ 500. *** The world’s leading cryptocurrency exchange, Binance, burned this Monday just over USD $ 640 million of its native token Binance Coin …

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