Over $100 million worth of the second-largest digital currency by market capitalization Ethereum ($ETH) have been burned since the cryptocurrency’s network transitioned from a Proof-of-Work (PoW) consensus algorithm into a Proof-of-Stake (PoS) consensus algorithm. The cryptocurrency’s deflationary trend has been growing over time, with its supply having dropped by over 64,457 ETH since the network’s […]
Share this content
You Might Also Like
Bank of America Loses 50% of Its Active Crypto Users as Bitcoin Posts Worst Quarter in a Decade
Today in Crypto: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger, Celsius Mulling Issuance of a New Token
