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An Ethereum and Web3-Compatible Sidechain Is Coming to Bitcoin Cash
2.3.2021
On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 ETH in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms. On February 23, however, crypto proponents were...
Transaction batching protocol Furucombo suffers $14 million “evil contract” hack
27.2.2021
The latest attack relied on user permissions granted to the protocol
Cyber Criminals Are Now Hiding Their Stolen Cryptos 13x Faster, Says Report
26.2.2021
A new report unveiled a growing trend of efforts from cybercriminals hiding their stolen cryptocurrencies through different transaction flows. Crystal Blockchain pointed out that since 2019, the volume of stolen bitcoin grew significantly. Only 8% of the Funds Were Transferred to Exchanges With...
DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer
24.2.2021
Ethereum transaction fees are at their highest levels but even the proposed solution wouldn’t have helped this fat-fingered user
Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’ and ‘Highly Speculative’ as BTC Price Plunges
23.2.2021
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as...
Binance Blamed for Purposely Choking Ethereum’s Network
22.2.2021
The recent ramp higher in cryptocurrency prices has assuredly attracted its fair share of cheerleaders and detractors alike, but the reality of this climb has been a concurrent increase in network fees from rising transaction volumes. Binance is Blamed for Purposely Choking Ethereum’s Network...
Polkadot Testnet Achieves First XCMP Transaction
19.2.2021
In a significant development, the first successful cross-chain message passing transaction-based (XCMP) connection was established between the Polkadot parachain testnet and Acala. The developers at both organizations have been able to connect and communicate on the parachain, and this is extremely...
BTC Transaction Stuck? Bitcoin Cash-Powered Accelerators Can Speed Up Transfers
18.2.2021
At the time of publication, there’s more than 69,000 transactions waiting in line to get confirmed by a bitcoin miner. Since bitcoin’s price rise, at certain times, transaction fees have climbed to $10 to $20 per transfer, and people who pay less than the median fee may have to wait...
Blockchain mysteries: Biggest crypto transaction fee oddities
14.2.2021
Take a look at a few crypto transactions that came with unnecessarily high fees
Market Wrap: Bitcoin Near $48K While Ether Transaction Fees Surge Again
11.2.2021
The market is bullish on both cryptocurrencies, for different reasons
88% of all BTC transfers are overpaying transaction fees
11.2.2021
Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal
Sky High Bitcoin and Ethereum Fees: While Prices Jump the Cost to Transfer Follows Suit
4.2.2021
While a number of digital currencies have seen price gains the two leading crypto assets, bitcoin and ethereum have seen transaction fees skyrocket. For instance, data shows that the median fee for a bitcoin transaction is $8.58, while the median fee is $9.35 when spending ether. Meanwhile,...
Ethereum Transaction Fees Hit Record Highs As Ether, DeFi Coins Soar
4.2.2021
The average Ethereum transaction fee has passed $20 for the first time
Ethereum Miners Earned Record $830M in January
2.2.2021
Miner revenue jumped over 120% from the previous month
Bitcoin Cash Transactions Intensify, Daily Count Nears BTC, Big Blocks Help Clear Throughput
31.1.2021
Just recently, the Bitcoin Cash community has been discussing the large number of transactions the network has been seeing on a daily basis during the last month. Statistics show that bitcoin cash daily transactions have been increasing every day since the last week of 2020. Bitcoin Cash miners...
RSK users won’t have to pay transaction fees with new integration
28.1.2021
IOVLabs wants to improve on Ethereum's meta-transaction adoption
USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
25.1.2021
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using...
Bitcoin Transaction Fee Estimators: What Are They and How Do You Use Them
22.1.2021
Whenever there’s a bitcoin (BTC) rally, bitcoin transaction fees tend to go up. If you want to know what current Bitcoin network fees are, you can take a look at bitcoin transaction fee estimators.
In this article, we will delve into what they are, what they do, the challenges they face, and...
DMEX Integrates xDAI for Cheap Decentralized Perpetual Contracts With up to 100x Leverage and No KYC
22.1.2021
PRESS RELEASE. In response to rising gas prices during the last weeks, DMEX has moved its trade processing to xDAI sidechain that allows for much cheaper transaction recording. Customer funds are still stored on an Ethereum smart contract, the trade recording, however, is now performed on xDAI....
Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
21.1.2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust...