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Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution
28.11.2021
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin...
Vitalik Buterin proposes calldata limit per block to lower ETH gas costs
27.11.2021
Buterin issued a decrease-cost-and-cap proposal, which aims to achieve most of the benefits of the decrease
Ethereum bulls likely to profit $130 million on ETH options despite two-week slump
25.11.2021
$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200
Crypto Donors Pay $1Million in Fees for a Failed Bid
25.11.2021
A group of cryptocurrency donors had come forward to purchase a rare copy of the US Constitution. Not only did the group fail to proceed with the purchase, but it also was compelled to pay $1 million in fees. The group of around 17,000 crypto donors grabbed the limelight when they attempted to...
One million ETH worth have been burned since the implementation of EIP-1559 in August
24.11.2021
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year
Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
24.11.2021
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion...
Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin
24.11.2021
The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance firm XBTO in order to convert his salary and avoid heavy fees. Inter-Miami CF’s Left-Back Kieran Gibbs...
Ethereum Gas Fees Highest During US Business Hours, Coin Metrics Finds
24.11.2021
Ethereum (ETH) fees are still on the rise, with no day so far in November seeing average transaction fees of less than USD 30. However, the fees vary significantly depending on the time of day transactions are made, opening up opportunities for savings, a new report from on-chain analytics firm...
American Crypto Bosses Face Congress Committee Grilling in December
23.11.2021
“Several crypto CEOs” will be summoned to speak at a parliamentary hearing in the United States next month, according to the Blockchain Association, an industry group representing many of the nation’s top players.
In a series of tweets from the association’s Director of Government Relations...
Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising
23.11.2021
The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...
Ethereum Fee Debate Heats Up as Avalanche Enters and Exits Top 10
22.11.2021
As AVAX, the native token of smart contract platform Avalanche, continued to soar in price over the weekend, a debate on the persistently high fees on the Ethereum (ETH) network is (re)heating up in the cryptoverse.
The latest discussion on Ethereum and its fees started when Zhu Su, co-founder...
Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says
21.11.2021
Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank...
Alabama Securities Regulator Shuts Down 97 Fraudulent Cryptocurrency Trading Websites
20.11.2021
The securities regulator of the U.S. state of Alabama has issued a cease and desist order against Acoin Trading and 96 other cryptocurrency websites. The crypto investment schemes promise “excessive returns,” report “fictitious account values,” and impose...
EmiSwap on Polygon: Save Transaction Fees While Earning 365% Per Year
19.11.2021
Introducing EmiSwap on Polygon EmiSwap, a cross-chain and audited AMM DEX with High APR, announced the integration of the platform with Polygon, the leading platform for Ethereum scaling and infrastructure development. One aspect of the integration is the release of a 365% APR airdrop campaign...
Bank of Russia plans to take fees for CBDC transactions: Report
18.11.2021
The Bank of Russia views CBDC as a responsible alternative to Bitcoin and wants to take fees from CBDC transactions
How to Sell Items With Crypto? Ethair Market Offers Users Ebay/Etsy Alternative
17.11.2021
The beta version of Ethair Market that launched on Monday, November 8th allows sellers to list their items early and get buyers acquainted with the site before their full release. Ethair has no listing fees and is currently available in the U.S & Canada, soon expanding to the other continents....
The power of cheap transactions: Can Solana's growth outpace Ethereum?
16.11.2021
Solana has grown nearly 13,000% year-to-date and while adoption has been increasing, there may be more than meets the eye
SHIB Listed on ChangeHero for Accountless and Limitless Exchange
13.11.2021
PRESS RELEASE. ChangeHero instant cryptocurrency exchange listed SHIB on its platform. Customers can exchange SHIB against over 80 cryptocurrencies without an account. Now crypto enthusiasts can easily exchange or buy SHIB not only with Ethereum based tokens but also with cryptocurrencies...
Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
10.11.2021
As Ethereum (ETH) continues to be plagued by high gas fees, the layer 2 (L2) scaling solution Optimism is expected to launch a major upgrade on November 11....
Read More: Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
4.11.2021
Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees