According to the BNB burn portal, Binance will burn 1.99 million BNB tokens as part of its 24th quarterly burn mechanism. To reduce the total number of BNB tokens in circulation, Binance has implemented a process called BNB Auto-Burn. The BNB price has been stuck around the $250 mark for
OKB Keywords: OKB, OKB price, OKB wallet extension, OKB wallet, OKB Price, OKB token, OKB coin, OKB wallet app Binance Coin Keywords: Binance Coin, Binance Coin price, Binance Coin (BNB) As the crypto space continues to expand, so does the competition between various cryptocurrency exchanges and their native tokens. The
After just one year of their five-year agreement, Binance has ended it, alleging a violation of contract on the side of the Argentina Football Association (AFA). Binance signed a five-year contract in January 2022 to be the primary sponsor of Argentina’s successful national soccer team and the naming sponsor of
Binance, the world’s largest crypto exchange, has announced its support for the Terra (LUNA) network upgrade. The Terra community has successfully passed the on-chain proposal for the Phoenix software upgrade v2.4, with a majority of votes in favor of the upgrade. As a result, the price of LUNA has witnessed
A new feature that will enable customers to obtain several deposit addresses for a single network has been unveiled by Binance. At launch, it supports ERC20 tokens issued on the Ethereum network as well as tokens issued on Ethereum-compatible networks such as Arbitrum One and BNB Smart Chain. In the
Binance announced that it had completed the integration of the Bitcoin Lightning Network (LN). The crypto exchange has enabled this layer-2 scaling solution for Bitcoin (BTC) withdrawals and deposits. #Binance has completed the integration of Bitcoin ( #BTC ) on the Lightning Network and deposits and withdrawals are now open.
Bitcoin, the leading cryptocurrency, has experienced significant price volatility, declining by 2.81% to reach $30,350. This sudden BTC price drop in value comes as a surprise to many investors and traders, especially considering the recent positive momentum in the market. The price surge earlier was driven by the optimism generated
Binance, one of the world’s largest cryptocurrency exchanges, has reportedly laid off over 1,000 employees, including 36 in India. This binance layoff primarily affected customer service workers, and said it to be a result of its aim to reallocate resources and enhance talent density within the organization. Binance had previously
Today marks Binance’s sixth anniversary. To mark the occasion, the founder and CEO of the world’s largest exchange Changpeng Zhao (CZ), has reflected on a number of moments in the platform’s history. The company’s chief executive said in a statement that Binance began operations in 2017 as a crypto-to-crypto exchange supporting five currencies
After the departure of Han Ng, Binance hired Eleanor Hughes to fill the position of general counsel. Last week, not only Ng, but also the chief strategy officer of Binance Patrick Hillmann, and the senior vice president of compliance at the cryptocurrency exchange, Steven Christie, resigned from their positions, leading
