What happened: On Thursday a total of 5,133.77 Ether (CRYPTO: ETH) worth $13,914,414, based on the current value of Ethereum at time of publication ($2,710.37), 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