Etherchain, an Ethereum on-chain tracking tool, indicates that the leading smart contract platform has burned thousands of ETH just three days after implementing a crucial update. On August 5th, Ethereum officially launched the London hard fork, which consists of several Ethereum improvement proposals, including EIP-1559. The update introduces a fee-burning mechanism to the Ethereum network […]The post Ethereum Torches Over $46,000,000 in ETH Just Three Days After Critical Update appeared first on The Daily Hodl.