What happened: On Tuesday a total of 3,064.67 Ether (CRYPTO: ETH) worth $6,044,752, based on the current value of Ethereum at time of publication ($1,972.40), 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 …
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