Ethereum Issuance Turns Negative For The First Time As NFT Mania Persists

Ethereum was deflationary on September 3 as more ETH was burned than issued. This marks the first time Etheruem issuance turns negative after the EIP-1559 proposal, which added an element of deflation to the second-largest cryptocurrency by market cap. On September 3, around 13,485 ETH were issued, while over 13,838 ETH were burned. Consequently, the… Continue reading Ethereum Issuance Turns Negative For The First Time As NFT Mania Persists