2,023 ETH Worth $3M Was Just Burned

What happened: On Thursday a total of 2,023.98 Ether (CRYPTO: ETH) worth $3,416,744, based on the current value of Ethereum at time of publication ($1,688.13), 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

By

Leave a Reply

Your email address will not be published. Required fields are marked *