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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...
Waves Lose Over 50% in 30 Days; Turns Completely Bearish
7.9.2020
Waves—a platform that aims at forming a strategic ecosystem to amplify the transition towards decentralization, wherein an individual takes the command of its funds and assets. Moreover, after having traded sideways, the coin regains the lost momentum and breaches a 2-year resistance above $4.5....
Bitcoin Dominance Slides Losing 10% in the Last 100 Days
6.9.2020
Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin...
Ethereum Fees Double from Two Days Old All-Time High
2.9.2020
The rapid rise in transaction fees on the Ethereum (ETH) network is showing no signs of stopping, after yesterday doubling from its all-time high seen just a day earlier.
In what has been an extraordinary sharp rise, Ethereum fees needed only one day to double from what was already an all-time high...
Come to Web Unleashed!
1.9.2020
(This is a sponsored post.)
Web Unleashed is a fun conference. I’ve been a number of times. I’m sure you won’t be surprised that it’s online this year, like most events.
And, hey, it’s coming up and will take place over three days, October 5-7, 2020. I’d really...
Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume
31.8.2020
The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days. Following Uniswap’s rapid increase in global trade volumes, the platform’s founder Hayden Adams celebrated the dex outpacing the centralized exchange Coinbase’s volumes...
Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held
31.8.2020
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL)...
Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
30.8.2020
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...
Polkadot Top 10 Redenomination Shot: Is the Token Now Bigger Than Chainlink?
30.8.2020
The Polkadot token, which recently underwent a redenomination, has seen its value more than double in less than seven days. Now with a reported (but unverified) circulating supply of 897,657,920 tokens, the Dot token claims its place as the fifth-ranked token. At the time of writing, the token...
Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen
26.8.2020
One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s...
Ethereum price lingers at key resistance days before $112M options expiry
25.8.2020
$112 million in Ethereum options expire on August 28 but data shows traders remain bullish even as ETH trades below $400
A major dark web marketplace has been offline for days and no one knows why
24.8.2020
Users are afraid they may be in the middle of an exit scam
Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin
23.8.2020
Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as RSK’s chief scientist, Sergio Dermain Lerner, published a paper called “The Patoshi Mining Machine.” Essentially, Lerner simulated Satoshi’s mining experience....
Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
20.8.2020
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare...
Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations
20.8.2020
There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule....
Bitcoin Hashrate Falls 25% in 3 Days, Miners Unplug as Floods Hit China
18.8.2020
With heavy rainfalls and flooding hitting Southwest China’s Sichuan province, the global computing power dedicated to mining bitcoin (BTC) has now dropped by about a quarter, as some Sichuan-based miners have been forced to unplug from the network.
The bitcoin computing power, usually referred...
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
16.8.2020
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone...
$4.6 Billion Under Management: Grayscale Purchased Over $100M Worth of Bitcoins Last Week
12.8.2020
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC) that the Bitcoin Trust (GBTC) grew over $1.6 billion...
Chainlink Competitor Band Token Grows 300% in 7 Days Setting New ATH
11.8.2020
BAND, the native token of the Band Protocol, has grown by more 300% in just seven days. At the at time of writing, the token traded at $14.50 against the August 3 trading price of $3.86. On August 10, the token also touched a new high of $17.78 while the 24 hours traded volumes were […]
The...
DeFi Tokens BAND, LINK, Outpace Bitcoin Price by Gaining 100% in 10 Days
10.8.2020
Strong growth in the DeFi sector led Band Protocol (BAND) and Chainlink (LINK) to gain more than 100% over the past few weeks