As Binance is following an auto- burn program, it has burned over 2 million BNB tokens for its 22nd burn. The overall worth of the tokens burnt values at $621 million. Further, Binance counts it’s 22nd quarterly burn which started with a goal of removing 100 million tokens from circulation.
FTX collapse led to the winding down of cryptocurrency trading and custody services once again in 2022 crypto history. As the crypto market recovers with the start of 2023, Today the global cryptocurrency market turned to bullish price momentum. Also, the market cap of all cryptos increased to $889 billion.
Despite the recovery in the cryptocurrency markets following the demise of the FTX exchange, the situation with Binance withdrawals has not yet normalized. According to a recent report from Forbes, Binance has lost $12 billion in assets as a result of users continuing to withdraw money from the exchange. Binance,
As we all know, the past few years has literally been the era of blockchain, and its dominance throughout the world. All the sectors of various industries are incorporating blockchain technology to the most possible regardless of their domain fields. It’s clear that blockchain, and its attributes ought to be
BNB Chain has made significant advancements by onboarding subsequent billion users into the Web3 arena. The BNB Chain developer announced on December 22 that the total number of unique addresses on the BNB Chain has overtaken Ethereum. The Binance network’s extensive possibilities drew multiple interesting DeFi, GameFi, and SocialFi projects,
Crypto enthusiasts wondering whether XRP will flip BNB to regain 5th position in the crypto rankings. Moreover, XRP shows constant growth throughout the stormy market in Q2 2022, besides the ongoing Ripple vs. SEC lawsuit. To note, XRP sustained within the top 10 in the crypto market. Recently, $18 million
At the start of the day, the Binance Coin (BNB) market was dominated by bears, with prices plummeting to a low of $273.93. On the other hand, the bulls came in to reject this unfavorable trend, increasing the price by 7% to $290.94. Throughout the day, BNB’s bullish trend established
Binance CEO Changpeng Zhao also known as CZ announced his decision to sell all FTT tokens. FTT is a native currency of the most prominent crypto exchange FTX. Binance is world’s largest cryptocurrency exchange by daily trading volume and it holds around 23 million FTX tokens, valued at about $517
Users will be able to book flights through their marketplace as a result of the collaboration. More than 1,000 airlines and more than 9,000 destinations are available to users. Users can now purchase low-cost flight tickets using cryptocurrency via Binance Pay. Binance recently teamed up with Crypto Air Tickets in
The 21st quarterly BNB token burn totaled 2,065,152.42 BNB. It has pledged to burn 100 million BNB since the launch of BNB and Binance in 2017. BNB Chain has finished its 21st BNB burn and the final quarterly burn of 2022. The burn includes the Auto-Burn feature, the Pioneer Burn
