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The Ethereum network underwent one of its most crucial upgrades last night. And things are going as planned so far.
August 6, 2021 at 8:35 am UTC · 2 min read

Over 4000 ETH have been ‘burned’ just hours after the ambitious EIP-1559 upgrade was rolled out on the Ethereum network, data from multiple sources shows.
The burned stash is worth over $11 million at press time, representing a tiny portion of the asset’s $325 billion market cap.
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