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Ethereum's Daily Transaction Fees Hits 8-Month Low of $2.8M
28.8.2023
Ethereum's daily total transaction fees fell to 1,719 ETH ($2.8 million) on Sunday, the lowest single-day total since Dec. 26
Glassnode and Ark Invest Introduce ‘Cointime Economics’ — A New Model to Measure Bitcoin’s Value
27.8.2023
Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure the economic activity and value of bitcoin based...
US Dollar Dominance in Global Payments Strengthens, SWIFT Data Shows
27.8.2023
The U.S. dollar’s dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% in July. In addition, the share of the transactions involving the Chinese yuan...
DEA Duped: How a Crafty Crypto Scammer Outwitted the Agency and Made Off With $55K
26.8.2023
In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to an unrelated scammer, falling prey to a notorious...
Palau’s Stablecoin Audit Process Advances
25.8.2023
Palau’s Ripple-backed stablecoin pilot audit process is advancing, with the Ministry of Finance collaborating with auditors and turning in more than 200 documents for review. Jay Hunter Anson, a Palau Ministry of Finance member, explained he was ready to show auditors that every transaction...
Binance.US and MoonPay unite to tackle transaction hurdles
23.8.2023
Binance.US, a widely recognized cryptocurrency exchange, has teamed up with payment provider MoonPay to resolve the numerous complications it has been experiencing due to increasing legal and regulatory issues. This move demonstrates Binance’s commitment to restoring its stability...
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
21.8.2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction...
Bitcoin’s Transaction Backlog Surges Past 400,000
20.8.2023
A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at $2.59 per transaction just two days later on August...
Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide
17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...
El Salvador’s Bitcoiners teach 12-year-olds how to send sats
17.8.2023
Over 25,000 students in El Salvador have learned about Bitcoin in the classroom
Cardano’s founder slams US debt rating downgrade, DigiToads presale sees transaction surge
15.8.2023
In a week of heightened crypto discussions, the spotlight has shifted from market dynamics to global policy issues. Cardano founder, Charles Hoskinson, has taken a critical stance on US policies and the nation’s approach to cryptocurrencies following a recent debt rating downgrade. In a tweet...
From transaction speeds to mining efficiency: Bitcoin Spark surpassing Solana & Polygon
15.8.2023
While Solana (SOL) and Polygon (MATIC) have gained significant popularity, crypto watchers suggest that as Bitcoin Spark (BTCS) gains traction in the crypto market, its transaction speed and mining efficiency could see it surpass these cryptocurrencies. Solana news Solana has faced a recent...
Revolutionizing Bitcoin Privacy: Samourai Wallet Unveils BTC to XMR Atomic Swaps
14.8.2023
In a pioneering move, Samourai, the privacy-focused bitcoin wallet, has revealed a BTC to XMR atomic swap feature aimed at revolutionizing onchain privacy in Bitcoin. Addressing the widespread issue of tainted change, also known as leftover unspent transaction outputs (UTXOs) remaining from...
Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls
3.8.2023
The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell
Curve Debacle Triggers Transaction Frenzy, Sending Ethereum ‘MEV’ Rewards to Record High
31.7.2023
On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day
Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
31.7.2023
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $1 threshold for each...
$31,000 Per Reported Bug Up For Grabs In Swisstronik’s New Bug Bounty Program
31.7.2023
PRESS RELEASE. Swisstronik, the layer-1 network for developing scalable dApps which safeguard and maintain privacy for users’ data while remaining regulatory compliant, is excited to announce the launch of its first testnet. Swisstronik Testnet 1.0 is now available, offering dApp developers...
Ethereum-Based Casino Coco Achieves $36 Million Transaction Volume On Launch
31.7.2023
Crypto casino platform Coco records a staggering debut as it nets over $36 million within 12 hours according to data on Etherscan.
The project launched on the Ethereum blockchain inspired by the Milady NFT project which has attracted many users with recent releases.
The staggering growth of...
Decade-Old Wisdom: Unpacking Satoshi Nakamoto’s Definitive Quote on Bitcoin Transaction Challenges, 13 Years On
29.7.2023
Thirteen years ago to the day, the enigmatic creator of Bitcoin, Satoshi Nakamoto, pronounced a quote that has since reverberated across various contexts. This prominent aphorism: “If you don’t believe me or don’t get it, I don’t have time to try to convince...
Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume
28.7.2023
With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million. WLD Token Arrival...