Tag: BNB

BNB Chain Burns Over $1B Worth of BNB in 35th Quarterly Token Burn

RAA
BNB Chain Burns Over $1B Worth of BNB in 35th Quarterly Token Burn

BNB Chain has completed its 35th quarterly BNB token burn, destroying 1,569,307.34 BNB at an approximate value of $1.02 billion, according to an official announcement from the BNB Foundation dated April 15, 2026. The burn reduces BNB’s remaining total supply to 134,786,916.53 BNB. The tokens were permanently removed from circulation by sending them to a dead address: 0x000000000000000000000000000000000000dEaD, a standard blockchain method for making tokens permanently inaccessible. What Is the BNB Auto-Burn and How Does It Work? The BNB Auto-Burn is the primary mechanism behind each quarterly burn. It uses…

Read More

$54,000,000,000 Crypto Wipe Out in 30 Minutes Raises Concern, What Next?

CRYPTO WORLD
$54,000,000,000 Crypto Wipe Out in 30 Minutes Raises Concern, What Next

In a shocking turn of events, the cryptocurrency market experienced a massive wipe-out, losing a staggering $54 billion in just 30 minutes, according to data shared by Coin Bureau. This rapid decline has raised significant concerns among investors and market analysts, as major cryptocurrencies, including Bitcoin and Ethereum, suffered steep losses. Bitcoin, the largest digital asset by market capitalization, saw a drop of 1.25%, while Ethereum, the second-largest, faced a 2.64% decrease. Other leading cryptocurrencies, such as XRP and BNB, were not spared, with losses of 1.92% and 2.75%, respectively.…

Read More