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Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
19.1.2023
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93...
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
16.1.2023
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain...
USDC transfer volume hit 5X USDT's in fallout from FTX collapse
11.1.2023
Although it has a much smaller market cap, on-chain data shows that USDC has a much greater transfer volume compared to its main competitor USDT
Ethereum bulls wake up after four years to transfer 22,982 ETH
19.12.2022
The ETH tokens in question originated from trading platforms Genesis and Poloniex and were found transferring 13,103.99 ETH and 9,878 ETH, respectively
MetaMask to allow users to purchase and transfer Ethereum via PayPal
14.12.2022
The service will initially be rolled out to select PayPal users within the United States
OpenSea to transfer Operator Filter Registry ownership before January
12.12.2022
OpenSea recently released an official tweet to inform users about transferring the Operator Filter Registry’s ownership. As per the tweet, the transfer is expected before January 2nd. The platform concludes the transaction with a multi-signature operated by a collective body that includes:- ourZORA...
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...
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
7.12.2022
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts...
Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner
4.12.2022
Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a cryptocurrency exchange. The address known as “1P5ZED” has since been replaced...
South African Government to Add Crypto Entities to ‘List of Accountable Institutions’
2.12.2022
According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to be included in the list of so-called accountable institutions starting Dec. 19. Businesses that convert one crypto asset to another or that...
Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit
28.11.2022
A few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news
Bahamas FTX Liquidators Agree to Transfer Bankruptcy Case to Delaware
22.11.2022
Court-appointed liquidators for collapsed FTX in the Bahamas had filed a separate suit in a New York court, while the exchange had filed for bankruptcy in Delaware
Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors
19.11.2022
The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by the regulator. The “Urgent interim regulatory action was necessary to protect the interests” of FTX’s clients and creditors, said the regulator....
Bahamian securities regulator ordered the transfer of FTX’s digital assets
18.11.2022
The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12
Biggest Movers: CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’
14.11.2022
On Nov. 14, cronos rebounded, as Crypto.com CEO Kris Marszalek held an “Ask me Anything” (AMA) session, while speculation grew on the company’s level of solvency. The concerns came after it was revealed that a transfer of $400 million was made to gate.io in recent weeks. Polygon also...
Alameda Research FTT token transfer from September fuels wild speculations
9.11.2022
According to on-chain data, FTT token supply increased by 124.3% on September 8 when 173 million FTT tokens were created by a 2019 ICO contract, and Alameda was the recipient
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
6.11.2022
According to the crypto firm Circle Internet Financial, the company is “deepening” its partnership with the world’s largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a Blackrock-managed fund that’s registered with the U.S. Securities and Exchange...
How to transfer $1 billion for basically free: Bitcoin whale watching
4.11.2022
At just 15 sats/vByte, a Bitcoin user is demonstrating just how cheap it is to send vast sums of money across the internet
Moneygram Enables Customers to Buy and Sell Cryptocurrency via Its Money Transfer App
3.11.2022
Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money transfer app. Initially, three cryptocurrencies are supported, including bitcoin and ethereum. Moneygram’s New Crypto Service Moneygram International Inc. (Nasdaq:...
Apple Unveils Stricter App Store Rules for Crypto and NFTs — Critic Says Firm Wants to Keep Money in Its Ecosystem
26.10.2022
According to Apple’s latest guidelines for developers seeking to have their apps included in the App Store, crypto exchange applications should only facilitate the transfer of crypto funds to approved exchanges. Where payments are needed to unlock features or functionality, Apple says apps...