$ETH: Crypto Exchange KuCoin Burned Millions of Ethereum in Mysterious Event

By CryptoGlobe - 10 months ago - Reading Time: 1 minutes

$ETH: Crypto Exchange KuCoin Burned Millions of Ethereum in Mysterious Event

In September 2021, thousands of deposit addresses from popular cryptocurrency exchange KuCoin sent tens of millions of dollars’ worth of Ethereum’s native token $ETH to a burn address, also known as a null address, for unclear reasons. The unusual event, which spanned over three days starting on September 7, involved over 3,500 transactions of Tether’s […]

Original source: CryptoGlobe