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Nifty News: NYT says NFTs in pandemic-fueled bubble, Polkamon eggs produce $1M gas ...
31.3.2021
NYT likens the NFT bubble to the plague induced “tulip mania” of the 1600s, Polkamon NFTs generate more than $1 million in gas fees, and a man fails to sell 50% of a house as an NFT
Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver
30.3.2021
Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile,...
Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive
29.3.2021
Flamingo’s total value locked continues to rise as DeFi investors are attracted to the platform's zero-fee transactions and high-yield liquidity pools
Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million
29.3.2021
Uniswap is currently the second-ranked crypto platform by daily fee generation after Ethereum
WINk (WIN) soars as retail DeFi investors flee high Etheruem gas costs
27.3.2021
WINk’s low-cost yield farming offerings are attracting retail DeFi investors who have been priced out of Uniswap due to high Ethereum gas costs
Carbon Offsets for NFTs Don't Address the Deeper Problem
25.3.2021
The NFT space has a ballooning carbon problem. But rather than address emissions head-on, platforms may be turning to at best, self-deception and at worst, greenwashing by relying on carbon offsets.Read more
Are emerging markets missing out on DeFi due to gas fees?
25.3.2021
Developed economies dominate the traffic rankings for the top DeFi protocols by TVL, with the U.S. and U.K. topping the charts
Ethereum's high gas fee crisis won't be solved by EIP-1559: Coin Metrics report
24.3.2021
Consistently full blocks are the primary reason that gas prices have reached all-time highs
500 MW by 2025: Bitcoin Miner Greenidge and It’s Wholly-Owned Power Plant to Be Listed on Nasdaq
22.3.2021
On Monday, the New York-based company Greenidge Generation Holdings revealed the business aims to be the first publicly-listed mining operation with a wholly-owned power plant. Greenidge expects to be publicly listed on Nasdaq via a merger with the firm Support.com. Greenidge Bitcoin Mining...
Gas tokens gain 300% as the quest for Ethereum network alternatives expands
15.3.2021
Gas tokens quietly move higher as the cost of transacting on the Ethereum network highlights the benefits of dual-token models with stable fees
BTC Miner Stresses: ‘Bitcoin is One of the Most Environment-Friendly Financial Networks’
15.3.2021
While bitcoin has been gathering widespread attention with prices touching all-time highs, mainstream pundits have tried to attack the leading crypto asset for its energy consumption. It seems a new ‘bitcoin is bad for the environment’ editorial is published nearly every week...
Not just another gas token — Theta’s TFUEL surges 775% in 5 weeks
11.3.2021
Theta Fuel price has been on a triple-digit rally since the beginning of February, a signal that the gas token will play an integral role in the rapidly expanding Theta ecosystem
How to Fix Crypto Art NFTs' Carbon Pollution Problem
10.3.2021
The “crypto-” carbon crisis is evolving. And after years of low-key use, art and collectibles tied to what are known as non-fungible tokens (NFTs) have exploded into the global discourse as the Next Big Thing. Embedded with it, though, is an existential tension.Read more
Worn Out: The Fashion Industry's Big Oil Problem
9.3.2021
I really like buying clothes. I spend countless hours in the middle of the night scrolling my favorite brands’ Instagram feeds, and though I try to stick to buying secondhand, I also definitely set myself alarms to remember sample sales. Embarrassing, I know.Read more
Binance Smart Chain On A Wide-Scale Adoption Spree Amidst Ethereum’s High Gas Fees
9.3.2021
The Binance Smart Chain (BSC) has been witnessing increased activity at a breakneck speed in the past few days, courtesy of the outrageous gas fees that have rendered Ethereum-based AMM-DEXes totally unusable by smaller retail traders who have switched focus to the BSC network, having recognized...
Major Ethereum gas fee overhaul EIP-1559 scheduled for July
5.3.2021
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled
Ethereum gas fees drop as daily DEX and DeFi volumes decline
5.3.2021
Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs
An Ethereum and Web3-Compatible Sidechain Is Coming to Bitcoin Cash
2.3.2021
On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 ETH in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms. On February 23, however, crypto proponents were...
Matic, xDAI (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise
1.3.2021
Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-2 solutions like Matic, Loopring and xDai
Gazprom Neft uses blockchain tech to streamline aircraft refueling
1.3.2021
Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions