Someone sent a lot of money (worth $18 million) to an account they can't use, so it disappears forever. This is called "burning" and it makes the money scarcer. It happened because of a big change in how a computer system called Ethereum works. Read from source...

- The title is misleading and sensationalist. It implies that someone or some entity deliberately burned a large amount of Ether, which is not the case. Burning Ether is a voluntary action taken by users who want to reduce their transaction fees and lower their environmental impact.
- The article does not provide any context or background information on why EIP-1159 was introduced and how it affects Ethereum's fee model and supply mechanism. It simply states that burning Ether lowers the supply forever, without explaining the implications or benefits of this process for users, investors, developers, and the network as a whole.
- The article uses outdated information and figures. For example, it cites the current value of Ether at time of publication ($2,409.25), but does not mention when the article was written or published. It also does not update the amount of Ether burned or the total value of the burned tokens based on the changing market conditions and exchange rates.
- The article fails to address the key questions that readers might have, such as: How many Ether are currently burned? Who are the participants and what are their motives? How does burning Ether affect the demand and supply dynamics of Ethereum? What are the risks and benefits of this process for different stakeholders?
- The article uses vague and ambiguous terms, such as "unusable wallet" and "remove it from circulation", without defining or explaining them clearly. It also does not provide any sources or references for its claims or statistics, making it hard to verify the accuracy and credibility of the information presented.

Neutral

Summary:
The article reports on the burning of 7,690 ETH worth $18M from Ethereum transactions. This is a result of the EIP-1159 upgrade implemented in August 2021, which changed the fee model and introduced a variable base fee that is burned when a transaction is confirmed. The article explains how this process lowers the supply of Ether forever and provides some background information on Ethereum's issuance rate.