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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Nevermind Bitcoin Price Drop – Binance on Track to See $1 Billion Profit

Despite the declining cryptocurrency market, Binance is on track to profit up to $1 billion this year. Binance Coin (BNB) is seeing heartening gains as well. It goes without saying that 2018 has been a rough year for the cryptocurrency market thus far. Its most popular cryptocurrency, Bitcoin (BTC) has lost around 70 percent of its […]

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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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