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Binance Ran the Biggest Quarterly Token Burn

Adriana Mavrenko by Adriana Mavrenko
July 19, 2018
in Altcoin News, News
binance

The world’s largest cryptocurrency exchange by 24-hour traded volume Binance has completed the fourth quarterly burn of its Binance Coin (BNB).

On 16th, CEO Changpeng Zhao tweeted that Binance is preparing for another coin burn conducted in accordance with the company’s whitepaper:

“@binance is doing a final tally on the numbers, and will announce our 4th quarterly burn in the next day or so, and finish the burn within a couple days after that. Thank you for your patience and support!”

https://twitter.com/cz_binance/status/1018722910796697600

The fourth quarter token burn was completed on 18 July as reported by Binance. This is the sizable coin burn on record as 2,528,767 BNB worth about $ 30,000,000 were burned.

https://twitter.com/binance/status/1019580314077749249

After the latest coin burn, the supply of Binance Coin (BNB) sums up around 114 million. According to CoinMarketCap, the token is traded at $12.88, down 5.80%.

For almost one year of activity, Binance Coin (BNB) managed to rank among the top 20 most traded cryptocurrencies, earning a $ 500 million profit from commissions. The parent company Binance continues to be one of the most important players in the crypto environment, especially due to its adoption of USDT wallet within the platform as Tether is becoming increasingly accepted.

The cryptocurrency exchange Binance continues to lead the crypto ranking with a 24-hour trading volume of $1,818,702,771, according to CoinMarketCap.

Tags: BinanceBinance CoinBNBburnCryptoCryptocurrencycryptocurrency exchangetokenZhao
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Adriana Mavrenko

Adriana Mavrenko

On-Chain Reporter | Investigations Writer | Market-Behavior Researcher
Adriana Mavrenko is an on-chain-focused reporter and researcher who works at the point where blockchain data, market behavior, and public narrative meet. At TheCCPress, she covers controversial projects, market manipulations, token-driven narratives, and the kinds of crypto stories that demand both analytical skill and editorial skepticism. Her reporting is strongest when a story needs data-backed scrutiny rather than promotional framing.

“Data is useful in crypto only when it is tied to motive, context, and what readers should actually infer from it.”

Profile
- Gender: Female
- Born: March 1992
- Based: Lisbon, Portugal
- Company: TheCCPress
- Website: https://theccpress.com/ - Coverage Focus: Investigations, controversy, market behavior, on-chain evidence, project risk

Experience
Adriana brings together reporting, blockchain research, and on-chain analysis. Before joining TheCCPress, she worked on research-heavy assignments involving liquidity flows, blockchain dashboards, market manipulation patterns, and token ecosystems. That makes her one of the strongest fits for a site section built around investigations and controversy rather than routine market summaries.

Background
Her academic training in finance and economics, combined with additional blockchain certifications, gives her a practical base for interpreting crypto behavior without overclaiming. While earlier work touched multiple chains and DeFi ecosystems, her value to TheCCPress is broader: she can investigate how narratives are manufactured, how on-chain signals are interpreted, and where public-facing claims begin to break down.

Achievements
Adriana has produced research-led reporting on whale behavior, market manipulation, project risk, and crypto ecosystem trends. Her best work explains why a pattern matters, how the evidence should be read, and where the limitations of the data still remain.

Work Style
She is methodical, skeptical, and evidence-led. Adriana tends to begin with the data but does not stop there. She pushes toward the more useful editorial question: what kind of story does this data actually support, and what would be overstating it?

Skills
Her key strengths include on-chain analytics, investigative crypto journalism, market-behavior reporting, tokenomics evaluation, data visualization context, and research-led explanatory writing. She is most valuable on stories where credibility depends on careful interpretation.

Additional Information
Within the new taxonomy, Adriana is one of the best fits for investigations/fraud, investigations/collapse, and investigations/controversy. She gives TheCCPress a stronger ability to investigate crypto claims instead of merely repeating them.

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