Venus1100
Active member
1,970 ETH worth $4 million was recently destroyed.
On Sunday, a total of 1,970.07 Ether ETH/USDT worth $4,056,759 was burned from Ethereum transactions, based on the current value of Ethereum at the time of publication ($2,059.20).
When a coin or token is burned, it is sent to an unusable wallet to be removed from circulation.
Terminology Used in Blockchain
The crypto industry is fighting to exempt NFTs and DeFi from tax reporting requirements.
At a meeting of the Organisation for Economic Co-operation and Development (OECD) in Paris on Monday, representatives from the cryptocurrency industry resisted attempts to require them to report details of non-fungible tokens (NFTs), decentralized finance (DeFi) transactions, and retail payments to tax authorities.
eBay introduces its first non-crypto mainstream NFT collection.
The eBay marketplace has officially launched its first own NFT drop, with a series of tokenized collectibles featuring Wayne Gretsky (NHL Legend) going live on May 23.
On Sunday, a total of 1,970.07 Ether ETH/USDT worth $4,056,759 was burned from Ethereum transactions, based on the current value of Ethereum at the time of publication ($2,059.20).
When a coin or token is burned, it is sent to an unusable wallet to be removed from circulation.
Terminology Used in Blockchain
The crypto industry is fighting to exempt NFTs and DeFi from tax reporting requirements.
At a meeting of the Organisation for Economic Co-operation and Development (OECD) in Paris on Monday, representatives from the cryptocurrency industry resisted attempts to require them to report details of non-fungible tokens (NFTs), decentralized finance (DeFi) transactions, and retail payments to tax authorities.
eBay introduces its first non-crypto mainstream NFT collection.
The eBay marketplace has officially launched its first own NFT drop, with a series of tokenized collectibles featuring Wayne Gretsky (NHL Legend) going live on May 23.
