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Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days


Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer...

Inflation Rises Sharply in the US as Consumer Prices in March Spiked to 8.5%


Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) spiked last month at the fastest pace since December 1981....

South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats


The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity...

Harmony Joins Forces with Covalent for Improved Data Accessibility


Harmony, a proof-of-stake blockchain, was released in June 2019 with its mainnet. Since then, the network has grown its community to over 500,000 active platform users on multiple cross-chain ecosystems. Some of these platforms are Aave, Curve, and Sushi, showing Harmony’s substantial growth over...

Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin


On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during...

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