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Ethereum's EIP-1559 Helped Coinbase Save ETH 27 on Daily Fees


target="_blank" rel="noopener noreferrer" href="https://cryptonews.com/ext/coinbase/">Coinbase, the upgrade has also brought more direct benefits for users, with the exchange so far saving about ETH 27 – or USD 92,000 – on gas fees every day.After the implementation of the new Ethereum Im

Vulcan Forged Lists on AscendEX


PRESS RELEASE. Global cryptocurrency financial platform, AscendEX is proud to announce the listing of the Vulcan Forged token (PYR) under the trading pair USDT/PYR on Oct. 5 at 1 p.m. UTC. To celebrate the listing, AscendEX and the PYR team will launch several limited-time promotional events...

Compound Facing More Problems: More Than $140 Million in Tokens up for Grabs


Compound, one of the main cryptocurrency lending protocols on Ethereum, is facing serious problems again. According to banteg, a Yearn developer, someone called a function that moved more funds to be available for users to claim. Now, users can claim up to $140 million of the protocol’s...

Can You Trust Centralized Big Tech?


sam-detection-delayed/">announce a delay. Apple, Facebook, Google and other companies have long scanned customers’ images that are stored on the companies’ servers for this material. Scanning data on users’ devices is a signif

6 Ways to Earn Passive Income with Crypto


m/coins/">other digital assets is to deposit them into a centralized lending platform. While most experienced crypto users recommend avoiding depositing crypto with third-party providers, the user-friendliness of CeFi (centralized finance) lending platform has led to billions of doll

Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges


A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities...

Defi Platform Compound Bug Allows Users to Claim $88 Million in Tokens


Compound, one of the trademark defi protocols on the Ethereum blockchain, is experiencing a bug that allows users to reclaim unusually high amounts of its native token. The issue was caused by the implementation of a proposal that modified the contract that awards tokens to users. Compound Labs...

‘DeFi or DoxFi’ Asks Community After Compound Founder’s Statement


oreferrer" href="https://cryptonews.com/news/taking-coins-from-bugged-compound-contract-illegal-unethical-or-perfectly-fine.htm">reported, Compound Finance passed and executed a proposal on Wednesday, but soon reported “unusual activity.” Due to a bug in a smart contract, users were able to clai

Dydx Trading Volumes Explode After Latest Chinese Crypto Ban


Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might be the result of the latest Chinese cryptocurrency ban causing China-based users...

Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token


In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting...

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