Binance Completes First Quaterly 2023 And 22nd BNB Chain Burn By CoinEdition

• Binance CEO announcenes 22nd BNB burn finished by BNB Chain.
• The crypto exchange also shared that the BNB chain has completed its first quarterly burn of 2023.
• Binance shared that the Auto-Burn or the Total BNB burned was worth 2,064,494.32 BNB.

Binance CEO Changpeng Zhao announced on Twitter that the first quarterly burn of 2023 and the 22nd BNB burn have both been finished by BNB Chain. Both the Auto-Burn and the Pioneer Burn Program are included in the burn. He added that large BNB burn will happen on-chain but there is “no need to FUD.”

Some large #BNB transfers/burn will happen on-chain. No need to FUD.Our team is doing the BNB (ERC20) to BNB (BEP2) convert. ie, burn ERC20 and release BEP2. More details in this blog .Happy Sunday!https://t.co/8E3MIkfILe

— CZ

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