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Blockchain is hard for developers and everyday users. Is it getting any easier?
16.4.2021
The blockchain sector has known for years that technical hurdles need to be eliminated for mass adoption to take place. Has any progress been made?
Couple gets married on Ethereum blockchain for $587 in transaction fees
5.4.2021
A Californian couple has used tokenized rings to immortalize their marriage on the Ethereum blockchain
Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month
3.4.2021
On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash...
Ethereum’s return to all-time high accompanied by 77% rise in transaction fees
2.4.2021
A 31% price surge was accompanied by a 77% rise in the cost of transacting on Ethereum
Cointelegraph Consulting: Hype for NFTs is real, but what about transaction volume?
29.3.2021
The top two NFT marketplaces, OpenSea and Rarible, differ considerably in daily transaction volume
99.98% less power: Lighthouse’s first Ethereum and Eth2 merge transaction
26.3.2021
It is one of the first steps towards Phase 1.5 that will ‘dock’ Eth1 with Eth2
Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
26.3.2021
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According...
Alchemy Chooses Flow Blockchain to Accelerate Game-Changing Developer Ecosystem
25.3.2021
PRESS RELEASE. The leading blockchain developer platform, Alchemy, will bring its best-in-class suite of APIs and tools to Flow blockchain, empowering Fortune 500 companies as well as thousands of independent developers building on Flow. Alchemy is the leading API platform for blockchain...
Ethereum’s Buterin Highlights Layer-Two Rollups as Potential Scaling Solution
12.3.2021
As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months...
IRS Launches ‘Operation Hidden Treasure’ to Target Unreported Crypto Income
8.3.2021
The U.S. Internal Revenue Service (IRS) has reportedly launched an operation to target cryptocurrency investors. Dubbed “Operation Hidden Treasure,” the team consists of agents trained in the field of cryptocurrency and transaction tracking. Damon Rowe, Executive Director at the...
Taraxa Wants to Put Every Informal Transaction on the Record, Unveils Details About the Upcoming TGE
6.3.2021
PRESS RELEASE. The Taraxa Foundation, a non-profit body supervising research and development of the Taraxa project, announced a public sale kicking off on March 4 at 6 PM PST. The token sale follows the launch of Taraxa’s public testnet and the release of a flagship application, with the main...
Bitcoin and Ethereum slow down as transaction values and fees plunge 70%
4.3.2021
On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees
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...
Transaction batching protocol Furucombo suffers $14 million “evil contract” hack
27.2.2021
The latest attack relied on user permissions granted to the protocol
Cyber Criminals Are Now Hiding Their Stolen Cryptos 13x Faster, Says Report
26.2.2021
A new report unveiled a growing trend of efforts from cybercriminals hiding their stolen cryptocurrencies through different transaction flows. Crystal Blockchain pointed out that since 2019, the volume of stolen bitcoin grew significantly. Only 8% of the Funds Were Transferred to Exchanges With...
DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer
24.2.2021
Ethereum transaction fees are at their highest levels but even the proposed solution wouldn’t have helped this fat-fingered user
Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’ and ‘Highly Speculative’ as BTC Price Plunges
23.2.2021
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as...
Binance Blamed for Purposely Choking Ethereum’s Network
22.2.2021
The recent ramp higher in cryptocurrency prices has assuredly attracted its fair share of cheerleaders and detractors alike, but the reality of this climb has been a concurrent increase in network fees from rising transaction volumes. Binance is Blamed for Purposely Choking Ethereum’s Network...
Polkadot Testnet Achieves First XCMP Transaction
19.2.2021
In a significant development, the first successful cross-chain message passing transaction-based (XCMP) connection was established between the Polkadot parachain testnet and Acala. The developers at both organizations have been able to connect and communicate on the parachain, and this is extremely...
BTC Transaction Stuck? Bitcoin Cash-Powered Accelerators Can Speed Up Transfers
18.2.2021
At the time of publication, there’s more than 69,000 transactions waiting in line to get confirmed by a bitcoin miner. Since bitcoin’s price rise, at certain times, transaction fees have climbed to $10 to $20 per transfer, and people who pay less than the median fee may have to wait...