Three Arrows’ Founders Take Slingshot From Crypto Community

BNB ( $659.44 ) Chain, launched by crypto exchange Binance, has completed the burn of over $500 million worth of its native BNB ( $659.44 ) tokens as part of a broader program, it said Tuesday. Token burn refers to the process of permanent deletion of coins from their circulating supply. More than 100 million BNB ( $659.44 ) , or half of its total supply, are intended to be removed from circulation through a burning process and to eventually keep only 100 million BNB ( $659.44 ) in circulation. BNB ( $659.44 ) was up nominally in the past 24 hours, trading at $300 on Tuesday morning.