Binance Blog

For this past quarter, landing on our five year anniversary, BNB completed its third quarterly BNB Auto-Burn. A total of 1,959,595.29 BNB was removed from circulation. This includes 4,181.77 BNB that was burned from the Pioneer Burn Program.

Today, Binance Chain and Binance Smart Chain become BNB Chain.

Our industry has been growing by leaps and bounds these past few years, both from a technology adoption and new user perspective. When we launched Binance, we decided that it would be our unwavering commitment to users that would differentiate us in the market. As a result of that commitment, we have grown to become the largest crypto platform on the globe.

At Binance we are committed to the development of the blockchain ecosystem. Over the past few years, the blockchain ecosystem has evolved in many ways as a result of the community’s feedback. Following in the footsteps of many other community-supported projects, BNB has been on its own evolutionary journey. We’ve been listening closely to the BNB Chain (former BSC) and BNB communities-and we are proud to announce the implementation of a new BNB Auto-Burn procedure effective immediately.

Five years feels like a lifetime. If five years ago you told me what we’d eventually accomplish, I wouldn’t have believed you.

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has today announced the appointment of Greg Monahan, former US Treasury Criminal Investigator, who joins the organization as Global Money Laundering Reporting Officer (GMLRO).

​Former DigitalX CEO Leigh Travers Joins Binance Australia as Chief Executive Officer