Binance Burns Over 16 Million BNB Tokens, Price Jumps

Binance CEO Changpeng “CZ” Zhao on Sunday announced the Binance team has burned over 16 million BNB (ERC-20) tokens. Crypto exchange Binance is converting the ERC20 version of BNB to the native BEP2 version after the launch of the BNB blockchain. The BNB price jumped nearly 2% to hit a 24-hour high of $315.

(By Varinder Singh)

BNB $603.39

-0.54%

Binance

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