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BNB Drops As Binance Burns Almost USD 600M Worth of Coins

Source: a screenshot, Instagram/binance Binance coin (BNB) is the worst-performing major cryptoasset today as Binance said it has completed its 15th quarterly BNB token burn, destroying BNB 1,099,888 (USD 5.8bn). At 09:19 UTC, BNB trades at USD 523 and is down by 4% in an hour and a day, trimming its weekly gains to 25%. The price doubled in a month and rallied by 3,492% in a year. "This…

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