Why Did Ethereum Burn Its Cryptocurrency Worth $5.8 Billion? All You Need to Know

Ethereum, the second most popular cryptocurrency network, is destroying a section of its own supply on purpose. It has reduced the issuance of its cryptocurrency, Ether, by 65% since August 2021. According to Watch the Burn, an Ether data dashboard, it is the equivalent of more than $5.8 billion burnt, destroyed and taken out of … Read more