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Bitcoin and Ethereum transaction fees sink 95% from all-time highs
9.6.2021
Reduced network activity is resulting in lower fees for Bitcoin and Ethereum, as both recede heavily from their all-time highs
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
8.6.2021
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest...
SHIB vs. DOGE – Who Is the Top Dog in Crypto Land?
5.6.2021
Over the last few months two distinct dog cryptocurrencies, shiba inu and dogecoin, have been making waves within the crypto economy. While dogecoin has been around since 2013 and has seen massive gains during the last year, the relatively new ERC20 crypto shiba inu has jumped significantly...
Filipinos Can Now Cash in Crypto Without Fees Through Moneybees OTC Outlets
4.6.2021
PRESS RELEASE. With cryptocurrency adoption increasing in the Philippines, Filipino users are looking for ways to convert their digital assets into cash at an affordable rate. The Central Bank of the Philippines has recorded P76 billion (US$ 1.5B) worth of transactions processed by local virtual...
Curve (CRV) sees 150% rebound as DeFi bottoms and ETH gas fees drop
3.6.2021
Falling Ethereum gas fees, the launch of Convex Finance and the DeFi sector reaching a potential bottom back CRV’s impressive 150% rally since May 23
South Korean Banks See Crypto Exchange Commission Fees Grow Tenfold
3.6.2021
The group of South Korean commercial banks that recently ruled out working with domestic crypto exchanges may be forced to rue their decisions after figures for the first quarter of the financial year revealed bumper commission earnings for the banks currently working with trading platforms.
Per...
Bitcoin and Ethereum fees slump to six-month low
1.6.2021
Bitcoin and Ethereum transaction fees have declined down to $7.20 and 4.80 respectively
Ethereum's EIP-1559 'Doesn't Deliver' As It's 'Not Meant to Reduce Fees'
27.5.2021
Ethereum Improvement Proposal (EIP) 1559 is one that keeps on giving - discussions, that is. What it does not do is "deliver," argued Founder and CEO of popular Ethereum (ETH)-focused wallet manager MyCrypto, but receiving numerous counterarguments along the way.
The contested...
ABEYCHAIN 2.0: Driving the Next Generation Blockchain Ecosystem
26.5.2021
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many...
Uniswap v3 flips v2 on volume — and both versions flip Bitcoin on fee revenue
26.5.2021
Both iterations of the world’s most popular DEX now generate more fee revenue than Bitcoin
Polygon to Democratize NFT Interactions by Improving Approachability
19.5.2021
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs. Layer 2 Solution to Make Ethereum-Based NFTs More...
Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
17.5.2021
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter...
Bitcoin and Ethereum usage fees drop 70–80% as market slide continues
17.5.2021
Transaction fees are falling rapidly on Bitcoin and Ethereum, as the coin prices of both recede from recent peaks
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
17.5.2021
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation...
Coinbase Says It Is Targeting More Users, Not Lower Fees
14.5.2021
The crypto exchange giant Coinbase says it does not want to go toe-to-toe with its biggest rivals over fees – and instead expects to bolster its users numbers to as high as 9 million by the end of the financial year by convincing crypto investors to pick ahead of other trading platforms.
In a...
Tether Reaches 30 Billion USDT Issued on Tron
13.5.2021
Tether, the largest stablecoin by market cap, has reached a milestone by issuing 30 billion USDT on top of the Tron blockchain. While the stablecoin is now present on several chains, including BSC (Binance Smart Chain) most of it is now on Tron due to the blockchain’s low transaction fees...
Buterin Paid USD 800+ In Fees For 9 Major Transactions on Ethereum
13.5.2021
Vitalik Buterin. Ethereum (ETH) co-founder and newly found billionaire, Vitalik Buterin, has risen to the occasion and donated massive amounts of dog-themed tokens and ETH to charitable organizations and community projects. Nine transactions cost him over USD 800 in fees.
The epic donation spree...
Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels
13.5.2021
Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which in turn made it difficult for migrants in...
Dog day afternoon as Vitalik dumps multiple memecoins in the name of charity
12.5.2021
Dog-themed tokens see an abrupt end to their rallies as Vitalik Buterin liquidates the positions he was gifted and donates the proceeds to charity
Uniswap flips Bitcoin on daily revenue... and it’s more impressive than you think
12.5.2021
Liquidity provider fees for Uniswap have surpassed BTC network revenue on a seven-day average