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Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
25.4.2021
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space...
Is the bull run over? BTC loses $50,000 as transaction fees surge: Hodler’s Digest, April 18–24
24.4.2021
Bitcoin Fees Tap $60 per Transaction, Users Say Fees Restrict Adoption, Others ‘Embrace’ the BTC Fee Pump
21.4.2021
On April 21, Bitcoin network fees touched an all-time high according to a number of transaction fee aggregators. The average bitcoin transaction fee is approximately $59.88 and the median fee is around $26.44 USD per transfer. Bitcoin Fees Climb Sky High After the Hashrate Plummeted The cost...
Crypto Exchange Luno Says South Africa’s Crypto Trading Dominated by Young People
19.4.2021
Luno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions. The exchange, which claims to have added nearly a million new South African...
Investors' on-chain activity hints at Bitcoin price cycle top above $166,000
17.4.2021
The Bitcoin cycle top would likely come in at price levels above $166,000 per coin if history repeats
Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months
16.4.2021
The popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that...
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