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ROLLUP: Operation Choke Point | SEC Crypto Staking Crackdown | Genesis Earn Repayment | a16z Uniswap
Bankless
ETH Burn
The 24-hour record for ETH burn was set on November 8th, the day FDX went insolvent. We're burning an average of 12 to 1,300 ETH per day. 3,600 ETH was burnt during crypto's worst crisis ever. And now we're burning 1,800 ETH on a Wednesday,. That is on a typical Wednesday for ETH and we're burning1,800 ETH. If you want to be an ETH maxi about it, you can say for all of crypto. But at least in Ethereum, I like it.
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