G7finance.com - Crypto Currency Updates logo G7finance.com - Crypto Currency Updates logo
The Daily Hodl 2019-07-13 12:06:45

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, […]The post Binance Employees Burn Nearly $24 Million in Binance Coin, Up Over 400% in 2019 appeared first on The Daily Hodl.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer