Binance exchange destroys $547M worth of BNB tokens

Binance said that it had destroyed a total of 2,065,152 BNB tokens, which is valued at just below $600 million at the time of writing.

The exchange also mentioned that an added 4,833.25 BNB was burned through its Pioneer Burn Program, a mechanism that helps users who have lost their digital assets through honest mistakes.

[Via]

Sign Up for NextBigWhat Newsletter

Curated. Summarized. Important News. For free.

You May Also Like