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Party at Vitalik’s House? For DeFi, it’s Do-or-Die
20.9.2020
Ethereum gas prices have set new records, with single DeFi transactions costing over $10 in fees. High fees are the result of congestion, as users pay ever higher fees to ensure their transaction gets into a block. As DeFi takes off, the price of gas on Ethereum threatens its future. Or does it?...
GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion
18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...
Coinbase Pro passes gas fees to users as ETH miner revenue hits 5 year high
18.9.2020
Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour
Bitcoin hardware devices need to improve to handle complex transactions
13.9.2020
Time for hardware wallet devices to make a difference
ETC Labs startups can now access automated transaction tracking
10.9.2020
Regulatory compliance requirements are becoming increasingly important
Uniswap’s September Volume Passes August’s $6.7B Record in Just 10 Days
10.9.2020
September is the fifth consecutive monthly all-time high for Uniswap volume
A recap of last week’s ‘DeFi Marathon’ hosted by CT China
9.9.2020
China looks into DeFi
Digital Platform for Smart-Contracts Barter Smartplace: Future Unicorn of Decentralized Commerce Sells Tokens With a 50% Discount
8.9.2020
The Barter Smartplace blockchain ecosystem team believes that closing deals in the fast-paced digital age can be as fast, reliable, and efficient as using online-banking. However, without the participation of intermediaries, the execution of contracts, and the physical presence of both parties,...
Ethereum Developers Weigh Gas Rule Change to Ease Fee Pressure
7.9.2020
As Ethereum fees soar, a proposal to nix “gas tokens,” which let users prepay fees when they’re cheap and spend them later, is getting renewed attention
Vale completes iron ore transaction through blockchain
5.9.2020
Blockchain helps the other kind of mining
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
5.9.2020
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...
Fees Bonanza: Ethereum Miners Pocket a Record $113 Million From Fees in August
2.9.2020
Ethereum miners are making a killing from transaction fees. In August alone, the miners raked in a total of $113 million in profit, up more than 3,660% from the $3 million earned in April, according to the latest data from Glassnode. This is the highest ether miners have earned from transaction...
Ethereum gas fees reach $500K as ETH price hits a 2020-high at $486
1.9.2020
Ethereum miners earned a record $500K in fees for a single hour, raising concerns about network stability
Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier
1.9.2020
Average Ethereum transaction fees reached $10.33 on Tuesday
Bitcoin Miners Saw 23% Revenue Increase in August
1.9.2020
Miners generated an estimated $368 million in August
Suspected North Korean Hackers Move Bitcoin Worth $140K From Forfeited Account
1.9.2020
Suspected North Korean hackers on Monday moved 12 bitcoin, worth about $140,000, from one of 280 accounts the U.S. Department of Justice (DoJ) has targeted for seizure. The funds have been wired into an anonymous wallet, according to Whale Alert, a bot that tracks notable crypto transactions....
Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
28.8.2020
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account...
Switzerland’s top online retailer completes transaction with digital franc
27.8.2020
The first regulated stablecoin in Switzerland is entering e-commerce
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Despite 30% Drop, Ethereum Transaction Fees Remain Sky-High
24.8.2020
Despite a drop of nearly 30% in the past three days, transaction fees on the Ethereum (ETH) network remain at the highest level they have been since July 2018.
According to fresh data from Bitinfocharts, the average fee paid to make transactions on Ethereum now stands at USD 3.24, based on a 7-day...