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Vitalik Buterin sings at Token2049, highlights low L2 fees as ETH milestone
18.9.2024
In the past, Buterin was forced to pay over $800 for a single privacy-preserving transaction, but this is no longer the case thanks to the development of Ethereum layer 2s
Vitalik Buterin sings at Token2049, highlights low L2 fees as ETH milestone
18.9.2024
In the past, Buterin was forced to pay over $800 for a single privacy-preserving transaction, but this is no longer the case thanks to the development of Ethereum layer 2s
Tether expands USDT to Aptos blockchain for lower fees
19.8.2024
Tether's USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees
Tezos Paris upgrade: Faster L2 transactions, lower Fees
5.6.2024
Tezos’ 16th upgrade is now live on the mainnet, reducing block finality times to just 10 seconds. This improvement aims to enhance layer-2 scalability in the future
Bitcoin Network Adjusts to Lower Fees and Reduced Hashrate After Latest Halving
11.5.2024
Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s). Following the halving, onchain costs have decreased significantly, with data indicating transfer fees ranging from $1.50 to $3.65...
Jimmy Zhao, Senior Solution Architect at BNB Chain, on DeFi, AI, DePIN, Fully On-Chain Gaming, and One BNB | Ep. 318
19.3.2024
Jimmy Zhao talks about BNB Chain and Binance being separate entities, different layers of BNB Chain coming into a unified platform, shifting to fully on-chain models, bringing 15x lower fees, plans for more Layer-2 innovations, AI and DePIN projects the team's working with, and their focus...
Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability
13.3.2024
The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap Forward with Dencun Upgrade Expected to drastically lower the transaction costs for layer two (L2)...
Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits
12.3.2024
Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders with exposure to bitcoin, reduced fees and potential...
Elderberry boosts Polygon zkEVM: Lower fees, more scalability
27.2.2024
Polygon stands as one of the most prominent L2 scaling solutions for the Ethereum blockchain. The network was built to address Ethereum’s high fees and slow transactions. With updates like zkEVM (Zero-Knowledge Ethereum Virtual Machine), Polygon constantly maintains its inherent traits. Now, with...
Revolut To Roll Out “Invite-Only” Crypto Exchange
16.2.2024
Banking services provider Revolut is set to debut a new “invite-only” crypto exchange, according to a February 16 report. A U.K.-based customer email confirmed by CoinDesk stated that Revolut is launching a new crypto exchange with advanced traders in mind. Revolut’s ‘Standalone’...
SAXO Bank big move: Lower fees for Australian and US market trades
16.1.2024
SAXO Bank, the online investment and trading platform, is one of the leaders of the said industry. It was founded in 1992, and since then, if anything has remained rock-solid, it is the image of the company. Services and products have constantly been enhanced to meet the needs of traders across...
Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...
Binance Integrates Lightning Network Deposits and Withdrawals
18.7.2023
Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network, taking advantage of lower fees. Binance Completes...
Coinbase Expands Futures Offering, Unveils ‘Institutional-Sized’ Bitcoin and Ether Contracts
4.6.2023
On June 1, Coinbase revealed its plans to extend bitcoin and ether futures contracts to institutional investors through its derivatives exchange. The firm mentioned that the Coinbase Bitcoin (BTI) and Ether (ETI) futures contracts would be accessible via third-party institutional futures commission...
Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March
2.2.2023
The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism...
Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023
1.12.2022
On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According to the Bitdao team, Mantle’s public testnet...
Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program
20.10.2022
Nubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage...
Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’
22.9.2022
On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower...
Coinbase Pro Users Not Happy With its Discontinuation, Cite Lower Fees
23.6.2022
Coinbase Pro users are ostensibly not content with the service’s discontinuation, expressing concerns that the new platform might not offer similar fee advantages.
Major crypto exchange Coinbase announced that it plans to sunset Coinbase Pro, its advanced, trader-focused service that exists...
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...