Celebs who got burned endorsing crypto and those that got away with it
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.
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$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3.
Finance Redefined: 1M ETH burned since EIP-1559, and Dorsey drops tbDEX white paper, Nov. 19–26
1 million Ether has been burned since the London hard fork, Square released a beta white paper for a decentralized exchange, and Grayscale predicted a $1-trillion metaverse market — all coming to you in this week’s Finance Redefined.
One million ETH worth have been burned since the implementation of EIP-1559 in August
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year.