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Gas Station Simulator Is One Of Steam's Biggest Games Right Now, With Good Reason
17.9.2021
When I first booted up Gas Station Simulator, a game that’s spent the last week tearing up the Steam charts, my first thought was “Christ, this place is a dump!” At the start of the game, you inherit a derelict gas station from your uncle, who I’m pretty sure is gang affiliated. Your goal...
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...
New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year
14.9.2021
Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from now. The SCE response data hasn’t been this high since 2013, and it’s increased since...
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
13.9.2021
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees...
The Risk of Volatile Gas Fees and How to Solve It
13.9.2021
Living in risk and uncertainty is nothing new. We go about our lives knowing that certain accidents or misfortunes could happen, just as we know that we might get unseasonably lucky. We try to manage our risk as best we can, reducing it as much as we reasonably can, then learning to live with...
NFT sales and floor prices plummet as demand wanes and gas prices soar
9.9.2021
This week’s market-wide correction lead to a sharp decline in NFT sales as decreased demand for digital collectibles led to a drop in the floor price of most major projects
Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%
6.9.2021
Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover...
Solana extends rally with another new high — Why is SOL price up by 70% in one week?
3.9.2021
The SOL price rally also appeared in the wake of "Ignition," a global hackathon to build new platforms on the Solana blockchain
Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea
29.8.2021
Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is...
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
Crypto miner Argo Blockchain goes ‘climate positive’ on greenhouse gas emissions
17.8.2021
Environmental sustainability continues to be top of mind for cryptocurrency miners after Elon Musk drew negative attention to the industry earlier this year
Ethereum supply flips briefly into deflation as gas fees spike
11.8.2021
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far
Saudi Aramco dismisses 'false and inaccurate' rumors on Bitcoin mining
2.8.2021
Saudi's biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses
After Losing At Crane Games, Man Threatens Tokyo Arcade With Poison Gas
30.7.2021
A college senior has been arrested in Tokyo on suspicion of obstructing a business by force after sending death threats to an arcade in Tokyo’s Tachikawa City. Between the 4th and the 25th of this month, Gou Kawasaki, a 21-year-old college senior, repeatedly mailed threats to the arcade....
Cats cause chaos on Ethereum again as Mila Kunis project sells out in 35 minutes
28.7.2021
Data from Dune Analytics shows there was a total of 344.4 ETH ($793,000) in value lost to failed Stoner Cats transactions
1inch Foundation plans to distribute 10M tokens to compensate for gas costs
27.7.2021
Only users who stake 100,000 1INCH or more will receive a full refund for their gas fees
New York Fed Survey Shows Inflation Expectations Highest Ever Recorded
13.7.2021
American inflation expectations have surged according to the results of the latest New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013 and alongside the forecast of lower purchasing power, consumer debt and fears of a housing...
ShibaSwap Causing Hike in Ethereum Gas Prices
12.7.2021
The high gas fees associated with Ethereum are attributed to the record growth in the DeFi transactions achieved by ShibaSwap. The protocol has recently tweeted that it has created history by having more than 1 billion dollars of the total value that has been locked on its platform in one day....
New York locals accuse gas-fired mining operation of heating Seneca Lake
6.7.2021
Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life
EY publishes Ethereum scaling solution to the public domain
5.7.2021
Global auditing giant Ernst and Young has released the third iteration of its zero-knowledge proof Ethereum scaling solution