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Party at Vitalik’s House? For DeFi, it’s Do-or-Die
20.9.2020
Ethereum gas prices have set new records, with single DeFi transactions costing over $10 in fees. High fees are the result of congestion, as users pay ever higher fees to ensure their transaction gets into a block. As DeFi takes off, the price of gas on Ethereum threatens its future. Or does it?...
Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers
19.9.2020
While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners...
Coinbase Pro Introduces Withdrawal Fee as Ethereum Fees Rise Further
18.9.2020
After previously absorbing the cost of users making withdrawals of cryptoassets from Coinbase Pro, the US-based exchange has now told its customers that a withdrawal fee has been introduced for all cryptoassets. The move follows a large spike in transaction fees on the Ethereum (ETH) network, which...
Daily Ethereum transactions hit a new historical high amid DeFi boom
18.9.2020
The previous all-time high in daily transactions was recorded in 2018
Coinbase Pro passes gas fees to users as ETH miner revenue hits 5 year high
18.9.2020
Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour
Market Wrap: Bitcoin Slumps to $10.7K; Ethereum Fees Rise Again
17.9.2020
Bitcoin's price is heading down while DeFi is helping Ethereum fees go up
OKEx goes all in on Uniswap's new token amid soaring DeFi fees
17.9.2020
They're the first exchange to offer such a robust set of trading tools for the day-old asset
Ethereum Gas Fees Drive Gnosis-Powered Prediction Market to xDai’s Layer 2
17.9.2020
"Ethereum is on the way to becoming a whale chain," said Gnosis co-founder Stefan George. That's why his team's tech is moving to xDai
Ethereum Fees Spike as Uniswap Launches Token
17.9.2020
Today, the Ethereum (ETH) network got busier than usual as thousands of the Uniswap decentralized exchange users rushed to claim their share the DeFi protocol’s new governance token UNI.
As announced on Uniswap’s blog, the UNI token went live yesterday, with 1 billion tokens minted at genesis....
Ethereum scalability issues exposed as high gas fees stall DeFi boom
10.9.2020
Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network
Uniswap’s September Volume Passes August’s $6.7B Record in Just 10 Days
10.9.2020
September is the fifth consecutive monthly all-time high for Uniswap volume
Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...
Small value crypto transfers in Africa have increased by 55%
10.9.2020
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year
USDC now capable of 1000 transactions per second with near-zero fees
9.9.2020
The asset's new multichain partner makes it so
‘Exclusive mining’ could have negative implications for the Blockchain industry, say experts
7.9.2020
A new mining concept is facing criticism in the blockchain sphere
Ethereum Developers Weigh Gas Rule Change to Ease Fee Pressure
7.9.2020
As Ethereum fees soar, a proposal to nix “gas tokens,” which let users prepay fees when they’re cheap and spend them later, is getting renewed attention
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...
DeFi experts say that Ethereum 2.0 is not the answer to high gas fees
6.9.2020
A better solution might come up before it even exists
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
5.9.2020
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...
Tim Draper Heaps Praise on Bitcoin Cash
5.9.2020
Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated...