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Binance conducted its first Binance Coin (BNB) auto-burn last quarter, removing over 1.6M BNB tokens worth $750M from circulation (Omkar Godbole/CoinDesk)

Omkar Godbole / CoinDesk:
Binance conducted its first Binance Coin (BNB) auto-burn last quarter, removing over 1.6M BNB tokens worth $750M from circulation  —  Cryptocurrency exchange Binance implemented its first-ever binance token (BNB) auto-burn program last quarter, removing over 1.6 million BNB tokens worth $750 million from circulation.