Binance Burns More Than 1.6 Million BNB Coins But Price Drops

The world’s largest cryptocurrency exchange by volume Binance had completed its 5th scheduled token burn. The price has reacted negatively so far, however, despite the reduction in BNB supply. 1,643,986 Binance Coins (BNB) Destroyed In an official release dated October 17, Binance announced that it has successfully completed its 5th quarter token burn, as per […]

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Bitcoin Price Too Cool for School, Altcoins Can’t Hang

Bitcoin has many cryptocurrency traders feeling bullish after making a strong move to reclaim a position above $7,000. Many altcoins, however, have failed to keep up. Ethereum Starting from the top, the first altcoin which has failed to keep pace with Bitcoin price 00 is Ethereum (ETH), the second-ranked cryptocurrency by market capitalization and leading […]

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Binance and KuCoin Commence Quarterly Burns of BNB and KCS Tokens

International, multi-language cryptocurrency exchange behemoth Binance has officially announced the fourth quarterly coin burn of its in-house Binance Coin token (BNB).  The announcement comes via Binance’s founder and CEO, Changpeng Zhao, on Twitter — where the business executive wrote: @binance is doing a final tally on the numbers, and will announce our 4th quarterly burn in […]

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Binance Launches $1 Billion Fund to Support Startups

Osato Avan-Nomayo · June 2, 2018 · 5:00 pm Binance, a cryptocurrency exchange behemoth, is set to launch a $1 billion fund for cryptocurrency and blockchain technology startups. Ella Zhang, Head of Binance Labs, announced the establishment of the fund during an online meetup session on May 31, 2018.  The Binance Social Impact Fund The world’s […]

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