2,313 ETH Worth $5M Was Just Burned

What happened: On Sunday a total of 2,313.19 Ether (CRYPTO: ETH) worth $5,391,377, based on the current value of Ethereum at time of publication ($2,330.71), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Why it matters: On August 5th, 2021, the Ethereum blockchain implemented …

Full story available on Benzinga.com

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