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Tag: eth burned

Ethereum’s Dencun Upgrade

Executive SummaryThe Dencun Upgrade on Ethereum introduces new data storage capacities, aimed at reducing fee costs of its Layer-2 scaling solutions.The upgrade also implements...

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The amount of ETH burned will continue to increase as transaction fees are burned

Since the completion of the Merge network upgrade six months ago, the quantity of ether (ETH), the second-largest cryptocurrency in terms of market value,...

5 Positive On-Chain Signals in a Bear Market

Crypto markets have been through a whirlwind over the last few months, with several unprecedented events leading to prices dropping to new lows and...

Research: Nearly $9B worth of ETH was burned in 1.4 years

The second largest cryptocurrency by market cap, Ethereum (ETH), implemented a token burn mechanism on Aug. 5, 2021, through the Ethereum...

Almost $6B In ETH Were Burned As Ethereum 2.0 Edges Closer

Almost $6B in ETH were burned as Ethereum 2.0 gets closer and now there are more than 2 million coins destroyed in the burn mechanism introduced last year so let’s read more in today’s latest ethereum news. Ethereum’s burn mechanism is more popular than ever as the second biggest network has officially destroyed almost $6B […]

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