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Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism


On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...

Ethereum Fees Highest Since May as NFT Craze Continues


The fees required to make transactions over the Ethereum (ETH) network have surged to levels not seen since the crypto markets peaked in May this year, as a new wave of non-fungible token (NFT) trading congests the network. As of Tuesday this week, the average Ethereum transaction fee was at...

Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month


Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...

Bitcoin Fees 'Unusually Low' But Set to Increase


Bitcoin mining rigs. Fees on Bitcoin (BTC) network have dropped more than 90% in a month, with industry insiders noting that they are low compared to what has historically been seen - but that they will now start gradually rising as a series of mining difficulty adjustments that aimed to balance...

Ethereum London hard fork goes live


The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset

Ethereum Fees Get High with Stoner Cats, Then Swiftly Drop


Lord Catsington, an NFT. Ethereum (ETH) fees are down again following a major surge fuelled by - cats. Stoner Cats to be more precise, non-fungible tokens (NFTs) launched ahead of the same-named series by actress Mila Kunis. Prior to the release of the new adult animated series, there was an...

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