Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes – Blockchain Bitcoin News

Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million worth of ether has been burned, and at the time of writing, 136,606 ether has been burned.

Over $432 Million in Ethereum Burned

The Ethereum (ETH) blockchain is the second most valuable…


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