
1,959,595 BNB Removed From Circulation in Binance’s 20th Quarterly Burn
Binance, the world's largest cryptocurrency exchange in terms of trading volume, announced on Wednesday the outcome of its 20th quarterly burn. Per the company’s official statement, 1,959,595 BNB (roughly $447M at current market rates) were destroyed in the burn, with 4,181 coins out of the total amount forever removed from circulation as a part of the Pioneer Burn Program.