Search
Ethereum's EIP-1559 Helped Coinbase Save ETH 27 on Daily Fees
6.10.2021
target="_blank" rel="noopener noreferrer" href="https://cryptonews.com/ext/coinbase/">Coinbase, the upgrade has also brought more direct benefits for users, with the exchange so far saving about ETH 27 – or USD 92,000 – on gas fees every day.After the implementation of the new Ethereum Im
‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
30.9.2021
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very...
Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution
29.9.2021
CELR soars to a new all-time high following the launch of its cross-chain bridge that allows traders to jump back and forth between various layer-1 and layer-2 platforms
DeversiFi Explains What Caused the USD 23M Transaction Fee on Ethereum
29.9.2021
coinciding with gas fee changes associated with the EIP-1559 upgrade in some circumstances can lead to transactions with extremely high fees.”
Ethereum Miner Returns USD 22M in Mistaken Fees, Keeps ETH 50
28.9.2021
385 in one transaction, as well as ETH 241 in two other transactions, making it ETH 7,626 in total. Per the current price of ETH, this is USD 22m.As
Ethereum alternatives and layer-1 solutions see steady gains in September
27.9.2021
Multi-million dollar incentive programs and the ease of cross-chain transfers are boosting the value of L1 and L2-based tokens and raising the total value locked in their associated DeFi platforms
Fantom Launches NFT Marketplace Artion – Platform Aims to ‘Unburden Creators of High Fees’
26.9.2021
On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with the myriad of NFT markets out there today. The market dubbed Artion is an NFT marketplace built on the Fantom network and claims to bolster “0%...
Dominated by Institutions, Bitcoin Mining is also Possible from Home
26.9.2021
://cryptonews.com/coins/bitcoin/">bitcoin (BTC) hit its all-time high of around USD 65,000, BTC miners generated almost USD 3bn in revenue, resulting from sales of the coins they had obtained via either block rewards or transaction fees.Such figures would lead most people to assume that B
TIME NFTs, QuadrigaCX on Netflix, Suex Fights Back + More News
24.9.2021
ttps://nft.time.com/">sold all of its 4,676 pieces within minutes of the launch, sending Ethereum (ETH) transaction fees higher. Meanwhile, Anish Agnihotri, a researcher at Paradigm
Blockchain Game Axie Infinity Updates Fees as Token Hits All-Time Low
23.9.2021
s fee structure.Or in their words, the growth has slowed down “due to concerns over an imbalance in the amount of SLP minted versus burned per day.” The announcement added that volatility in both SLP and the game’s governance token
Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians
20.9.2021
On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real...
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...
3 reasons why REN price is up 340% from its July swing low
16.9.2021
A cross-chain bridge to Arbitrum, protocol upgrades and a steady surge in network activity back REN’s 340% rebound off its July 20 swing low
Dogecoin Rival Shiba Inu Spikes in Value While DOGE Prices Flounder, SHIB Jumps 21% in 24 Hours
16.9.2021
While the dogecoin’s token price has floundered during the last seven days, the meme-coin’s rival shiba inu (SHIB) has moved up the ranks in terms of weekly gains. Dogecoin has shed 5.8% during the last week, but shiba inu has spiked 21.3% during the course of the week and 21.1%...
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...
Sen. Warren goes after Ethereum network fees in committee hearing
14.9.2021
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
13.9.2021
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees...
The Risk of Volatile Gas Fees and How to Solve It
13.9.2021
Living in risk and uncertainty is nothing new. We go about our lives knowing that certain accidents or misfortunes could happen, just as we know that we might get unseasonably lucky. We try to manage our risk as best we can, reducing it as much as we reasonably can, then learning to live with...
Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop
12.9.2021
Arbitrum, a second layer expansion rollup for Ethereum, has breached the $1.5 billion of total value locked (TVL) in protocols using its services. The smart contract recorded an influx of more than 1 billion just today after a rumor started in social media that the protocol might be planning...
Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms
11.9.2021
Ethereum competitors and layer-one projects are capitalizing on the network’s untenable gas fees by launching mining and developer incentives that are also boosting token prices