What happened: On Wednesday a total of 4,419.21 Ether (CRYPTO: ETH) worth $12,178,382, based on the current value of Ethereum at time of publication ($2,755.78), 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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