A lot of people use something called Ethereum to send and receive money on the internet. Sometimes they need to pay some extra money to make sure their transactions are done quickly and safely. This extra money is called a fee, but instead of keeping it, Ethereum destroys it forever so there's less of it available. Recently, some people destroyed more than $7 million worth of this extra money, making it harder to find in the future. Read from source...
- The title is misleading and sensationalist. It implies that someone or some entity deliberately burned 3,219 ETH worth $7M, when in fact it was a result of the normal functioning of the Ethereum blockchain after the EIP-1159 update.
- The article does not explain what EIP-1