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Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
4.9.2024
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance...
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...
BNB Chain activates hard fork, reduces fees
20.6.2024
BNB Chain activates the Haber hard fork with BEP-336, introducing blob-carrying transactions to optimize data storage and processing
Bitcoin Miners' Revenue From Fees Rises Suggesting the Onset of Major Bull Run
23.3.2023
The two-year Z-score for miner revenue from fees has turned positive after a long time, signaling new waves of adoption. Historically, that has marked beginnings of major bull runs
Bitcoin miners already made nearly $600K from Ordinals' NFT transactions
14.2.2023
The Ordinals hype is real with the NFT inscriptions now regularly taking over 50% of Bitcoin block space
ApeCoin Community Narrowly Wins Vote to Stay on Ethereum
9.6.2022
The majority of apecoin (APE) holders have voted in favor of a proposal that the token remains on the Ethereum (ETH) blockchain despite its high transaction fees.
The final results, which come after a six-day voting period that started on June 3, reveal that 53.62% of ApeCoin token holders...
ApeCoin Whales Vote Against Proposal to Stay on Ethereum
6.6.2022
Several apecoin (APE) whales have voted against the proposal by the ApeCoin decentralized autonomous organization (DAO) that suggested staying on Ethereum (ETH), giving the majority support to migrating to another chain - at least for now.
Dubbed ApeCoin Improvement Proposal (AIP) 41,...
Rare Sneaker App Switches From Ethereum to Hedera to Skip Blockchain Fees
3.2.2021
At $80 for minting an NFT on Ethereum versus $1 on Hedera, it was a matter of cost, said SUKU
ETH Transaction Fees Hit All-Time High Second Day in a Row
13.8.2020
Ethereum has been going skyhigh in more ways than one