$400 Million in ETH Now Burned by Ethereum EIP-1559 Upgrade An upgrade that burns ETH instead of using it to pay miners has taken $400 million ETH out of circulation. In brief NFT collectible CryptoPunks has reached a historic milestone as the second project to hit $1 billion in trading volume. Axie Infinity, which has amassed $1.6 billion so far, hit $1 billion on August 8. By Ekin Genç Join Now @BitcoinBreaking 100.4K views09:55