9,251 ETH Worth $16M Was Just Burned

What happened: On Wednesday a total of 9,251.71 Ether (CRYPTO: ETH) worth $16,681,118, based on the current value of Ethereum at time of publication ($1,803.03), 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