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Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments
12.4.2022
An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from...
Crypto-Friendly Special Economic Zone in Honduras Adopts Bitcoin as Legal Tender
9.4.2022
A crypto-friendly special economic zone in Honduras has adopted bitcoin as legal tender, allowing the cryptocurrency to be used to pay taxes and fees. In addition, bitcoin bonds can be issued within its jurisdiction using “world-class standards for AML and KYC.” Bitcoin Operates...
Coinbase Launches New Debit Card Amid Intensified Competition Among Exchanges, Platforms
7.4.2022
As crypto industry players continue to lure customers with debit cards that offer an expanding range of benefits and bonuses, major crypto exchange Coinbase has rolled out a new card that promises more crypto rewards and no transaction fees under certain terms....
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Bitcoin transaction fees hit decade lows, here's why
6.4.2022
The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down
Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise
3.4.2022
While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network...
DeFi Kingdoms Integrates Ramp to Take in-Game Payments to the Next Level
30.3.2022
PRESS RELEASE. London, UK: 30 March 2022 – Play-to-earn game, DeFi Kingdoms, has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players can enjoy zero fees when purchasing AVAX through Ramp. DeFi...
PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services
26.3.2022
Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E)...
Jamaica’s central bank digital currency and the problems it hopes to solve
25.3.2022
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation
Ukraine Now Accepts Donations in 14 Cryptoassets
24.3.2022
The Ukraine government now accepts donations in 14 different cryptoassets, offering donors the option to choose between some of the most popular projects within the crypto market....
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Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech
23.3.2022
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s...
Analysts Keep Reduced Hashrate Estimate for Bitcoin Despite Growth Exceeding Model
22.3.2022
A new report from the crypto-focused financial services firm BitOoda has reiterated a reduced hashrate projection for the Bitcoin (BTC) network for 2022, despite hashrate growth so far this year being stronger than expected....
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Coinbase Pay and Binance Pay: What Are These Solution & How Do They Differ
21.3.2022
Major US-based crypto exchange Coinbase is taking a swing at both traditional payment companies and crypto-native competitors with the introduction of Coinbase Pay. The new solution, however, differs from existing payments solutions from competitors like Binance, for example, as the former is...
$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months
21.3.2022
This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74 ether per minute, which equates to roughly $5K worth of ether destroyed every...
How To Design Blockchain Games Ethically
19.3.2022
Gregor Žavcer, Executive Director at Swarm, an Ethereum-powered decentralized storage and communication system.__________...
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Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z
18.3.2022
Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The funding round was led by A16z and Paradigm, with the former also having invested during the previous funding round....
Optimism saves users $1B in fees, raises $150M in Series B
18.3.2022
Layer 2 scaling solution Optimism, has secured $150M in funding which it will use to hire new developers and decrease fees on the Ethereum network
RUNE Extends Rally After Interest-Free Loans, Synths Unveiled
15.3.2022
The price of RUNE, the native token of the THORChain decentralized finance (DeFi) ecosystem, has risen strongly for the past week after a slew of new features was unveiled, including synthetic assets and loans with no interest....
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How to Use Layer-2 Solutions to Save on Ethereum Fees: StarkWare
11.3.2022
Over 7,000 decentralized applications (dapps) are currently operating on the Ethereum (ETH) network. However, the Ethereum network was not originally designed for such a workload. Ethereum dapps have suffered from the chain’s scalability issues, which have caused transaction speeds to slow down...
Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users
11.3.2022
Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange...
Ethereum gas fees drop to lowest levels since August 2021
10.3.2022
Data also shows that the average gas price on the Ethereum has been dropping rapidly since the start of the year, plunging from 218 Gwei on Jan.10 to 40.82 on March 9