Just two days after the launch of EIP-1559, $30 million of Ethereum was lost

Just two days after the launch of EIP-1559, $30 million of Ethereum was lost

As a result of the London hard fork (EIP-1559), which took effect on August 5, the Ethereum network has withdrawn $30 million from circulation. The London hard fork modified the way miners get compensated. Since it went into effect two days ago, Ethereum’s new transaction fee-burning mechanism EIP-1559 has taken $30 million in ETH from […]