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Cross-Chain Bridge Protocol Stargate Partners With Metis for More Efficient Interoperability
19.1.2023
The move will be the first expansion for Stargate beyond LayerZero technology
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days
10.12.2022
Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23...
Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer
11.10.2022
26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75...
New Metis Rollup Tech Addressees Ethereum Scalability for Businesses
11.10.2022
The layer 2 platform’s team includes the mother of Ethereum creator Vitalik Buterin
Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’
22.9.2022
On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower...
L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration
1.9.2022
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement...
Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel
29.8.2022
With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s...
Hummus x the Metis Marathon, It’s Official Now!
18.8.2022
Hummus has joined the Metis Marathon, a builder incentive program that is scheduled to conclude after 26 weeks. The objective is to accelerate the growth of the DeFi ecosystem of Metis. It is a part of a collaborative effort of both parties that is headed towards the direction of bringing stable...
L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31
7.8.2022
On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers...
Metis Integrates Chainlink Price Feeds for Precise Price Data
4.8.2022
Metis Andromeda recently announced integrating Chainlink Price Feeds in its ecosystem. The industry-leading Oracle solution will help smart contract developers to access high-quality price data on the platform. The integration will also allow developers to secure the apps with decentralized price...
Metis to Get 100 Million Dollar Funding From Genesi DAC
12.7.2022
Metis has received funding of 100 million dollars from VC investor group Genesi DAC, which is today’s headline. This will open the doors for a much-needed funding allocation in the ecosystem development sector. The group is led by Natalia Ameline, the co-founder of CryptoChicks. Genesi DAC...
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....
Ethereum Layer 2 Protocol Metis to Host dApp Creation Hackathon on October 2021
28.9.2021
Metis, an Ethereum Layer-2 rollup platform promising low gas fees, quick transactions, native storage, and high security, has confirmed that it will hold a hackathon event beginning in early October. The project addresses Ethereum’s most critical challenges, including simplicity, speed...
Metis Protocol Raises 4M USD Ahead of its IDO
10.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
After securing 1 million USD in funding from angel, seed, and private investment, Metis has received an additional 4 million USD in a round led by a host...
Metis: First Ever Community-Minted NFT Attracts Buyers With an Early Bid of 7 ETH
30.4.2021
PRESS RELEASE. The first ever community-minted NFT launched at OpenSea this week, attracting a bid of 7 ETH for this historic event and giving 256 lucky users the opportunity to share the proceeds of the NFT auction with the artist. That large bid is the latest stage of a highly popular campaign...
Metis: First Ever Community-Minted NFT Attracts Buyers Early Bid of 7 ETH
29.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The first ever community-minted NFT launched at OpenSea this week, attracting a bid of 7 ETH for this historic event and giving 256 lucky users the opportunity to share the proceeds of the NFT auction with...
Metis to Revolutionize NFTs With Launch of Community-Minted NFT, ‘’Rebuilding the Tower of Babel’’
23.4.2021
The craze for Non-Fungible Tokens (NFT) has engulfed the blockchain space as more people move towards this unique sector. The ability to sell works of art and tokenize real-life assets has ensured that the NFT sector has grown immensely, with record sales of NFTs witnessed in recent weeks. However...