Binance, an exchange constantly expanding its influence, has completed the seventh quarterly coin burn since its inception. The coin burn is a tool to limit the supply of Binance Coin (BNB) and a way to distribute the earnings of the exchange to holders of the asset.
The coin burn arrives at the end of a rather volatile quarter, which may have seen the digital asset markets bounce off the recent bottom and start a new season of recovery. The most recent coin burn reflects the increased dollar-denominated price of the asset, marking a quarter of sig...