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Vitalik Buterin proposes calldata limit per block to lower ETH gas costs
27.11.2021
Buterin issued a decrease-cost-and-cap proposal, which aims to achieve most of the benefits of the decrease
Ethereum bulls likely to profit $130 million on ETH options despite two-week slump
25.11.2021
$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200
One million ETH worth have been burned since the implementation of EIP-1559 in August
24.11.2021
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year
Ethereum Gas Fees Highest During US Business Hours, Coin Metrics Finds
24.11.2021
Ethereum (ETH) fees are still on the rise, with no day so far in November seeing average transaction fees of less than USD 30. However, the fees vary significantly depending on the time of day transactions are made, opening up opportunities for savings, a new report from on-chain analytics firm...
Ethereum layer two TVL reaches all-time high
22.11.2021
Layer 2 TVL has more than doubled over the past couple of months, hitting a new all-time high of $5.64 billion
‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power
20.11.2021
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries, gasoline, lumber, healthcare supplies...
US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
11.11.2021
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S....
Twitch Streamer Amouranth Bought A Gas Station For -$110,000 Using Rich-Person Math
10.11.2021
Yes, the headline is correct. The popular Twitch streamer Amouranth did in fact purchase a gas station. Not only did she purchase a gas station, she claims to have done so while turning a profit through tax deductions. To prove this, she tweeted out a bunch of rich-person math—which makes my brain...
Ethereum sees first consecutive week of deflationary issuance
2.11.2021
More than $65 million worth of ETH is currently being burnt daily by the Ethereum network
New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’
1.11.2021
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country...
While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers
30.10.2021
On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs...
Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
26.10.2021
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people...
Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism
23.10.2021
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the proposal, this would benefit both validators and holders due to the increase in value that...
Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells
22.10.2021
Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise...
Russian officials consider proposal to mine Bitcoin with associated gas
20.10.2021
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high
The future of the vast oil and gas industry depends on blockchain
15.10.2021
Innovative oil and gas companies are leveraging blockchain, but the industry as a whole may be slow to adopt the technology
Too early to talk about using crypto for oil trading, says Putin
14.10.2021
The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
13.10.2021
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3%...
Texas should use Bitcoin mining to capture wasted natural gas: Sen. Ted Cruz
11.10.2021
Senator Cruz predicts that Bitcoin mining will be used to capture wasted renewables and Texas’ power grid within five years
Ethereum's EIP-1559 Helped Coinbase Save ETH 27 on Daily Fees
6.10.2021
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