Binance Employees Burn Nearly $24 Million in Binance Coin, Up Over 400% in 2019

Binance Employees Burn Nearly $24 Million in Binance Coin, Up Over 400% in 2019

Binance employees burned 808,888 BNB, worth nearly $24 million, from their own coin allocations on Thursday. And they aren’t done, according to Binance CEO Changpeng Zhao. Says Zhao in a blog post, “According to the Binance whitepaper, 40% of the total BNB supply (80,000,000 BNB, currently worth about US$2,400,000,000) was allocated to the Binance team, […]

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