BNB Foundation confirms $1.66B quarterly burn as token scarcity continues

The BNB Foundation has supercharged Binance Coin’s rebound amid broader market rallies. The foundation has announced the ...
bitcoin

What is BNB token and BNB Smart Chain?

BNB Smart Chain, formerly Binance Smart Chain, is an Ethereum Virtual Machine (EVM) compatible blockchain platform capable of general purpose smart contract execution. It is a base layer, or Layer 1 ...
CoinDesk

BNB Jumps Over 3% After $1.69B Token Burn, Overtakes XRP's Market Cap

With the burn BNB recovered the third-place ranking it had to XRP. XRP now has a market cap of $157.6 billion, slightly ...
Business Insider

BNB Chain Burns Nearly $500M Worth of BNB Tokens

Blockchain BNB Chain today burned over 1.99 million bnb (BNB) tokens in a planned move under the "auto-burn" mechanism in what is the token's 24th quarterly burn event, transactional data shows. Some ...
CoinDesk

BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150

Traders face a mixed outlook, with BNB's deflationary mechanics potentially leading to a boost if demand grows, but technical ...