2 million ETH tokens have been burnt as Merge draws nearer

The Ethereum EIP-1559 has now burned 2 million ETH.

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Here is why Ethereum’s dominance in DeFi is falling

Ethereum is undoubtedly the leading blockchain in DeFi, but this could be about to change as analysts at JPMorgan have noted that the dominance of the asset in the space could already be fading.

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Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021

With an annual return rate of 399.2%, Ethereum (ETH) has scaled the heights in 2021 thanks to increased adoption and notable upgrades like the London Hard Fork. (Read More)

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Ethereum is Burning at the Rate of 6.29 ETH per Minute

Burnt Ether is edging closer to the 1.2 million ETH mark, given that it's burning at a rate of 6.29 ETH, approximately $24,361, per minute. (Read More)

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BNB bulls rejoice as Binance Smart Chain activates automatic burning mechanism

Binance Smart Chain (BSC) has finally activated its BEP-95 upgrade which would lead to the phase out of the old manual burning method to an automatic burning mechanism.

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London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds

Since going live on August 5, the London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter. (Read More)

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Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record

Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark. (Read More)

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Supply for Binance Coin set to decrease as BEP-95 seeks to burn BNB in ‘real time’

Binance has pulled a new trick out of its bag as it plans to introduce a real-time burning mechanism, Binance Evolution Protocol, BEP-95, to its Binance Smart Chain (BSC) network.

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Burnt Ether Tops $2B as Ethereum 2.0 Deposit Contract Continues to Grow

Burnt Ether stands at 608,567 ETH worth $2.089 billion since the London Hardfork or EIP 1559 upgrade went live on August 5. (Read More)

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Ethereum Leads ahead of Traditional Markets Performance over the Past 30 Days

The London Hardfork or EIP 1559 upgrade that got activated in August seems to have boosted Ethereum’s performance in the last 30 days. (Read More)

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Burnt Ethereum Edges Closer to a Billion-Dollar Value

After the London Hardfork or EIP 1559 upgrade went live on August 5, the first-ever deflationary block on the Ethereum network occurred because scarcity was introduced every time Ether was burnt after being used in transactions. (Read More)

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