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How to Use Layer-2 Solutions to Save on Ethereum Fees: Arbitrum
11.1.2022
Blockchain networks offer an option of decentralization, transparency, security, and trustless communication to facilitate new Internet-native economies. But many leading blockchains haven’t been able to accommodate their growing number of users. High adoption rates of Layer-1 (L1) chains have...
Vitalik proposes new ‘multidimensional’ Ethereum fee structure
7.1.2022
Calculating different gas prices for different resource usage may streamline the current fee structure for Ethereum according to Buterin
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees
29.12.2021
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands...
Ethereum Has Burned 1.2 Million ETH in 4 Months, Close to $5 Billion in Ether Destroyed
28.12.2021
With three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in value in 12 months. 145 days ago, on August 5, the Ethereum network implemented the London hard fork and since that day, 1,283,226 ether...
Libertex Now Offers Slashed Fees on Crypto CFD Services
28.12.2021
As we are getting ready to welcome the new year 2022, Libertex is offering prospective investors the feature of zero Commission on the cryptocurrency contract for difference (CFDs) trading. Even the company is not going to charge any exchange and swap fees applicable in the case of CFDs related...
Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month
26.12.2021
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From...
NAGA Integrates the $NGC Token to Bolster Ecosystem Value with Lower Fees and More Benefits
23.12.2021
Social investing platform NAGA is on a mission to help bring crypto mainstream. The platform already offers a diverse range of products designed expressly to create a sustainable economy where each community member can benefit. To build upon its vision, the platform has announced the integration...
Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few Days
20.12.2021
One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap...
Blockchain Gaming Adoption Jumps, But Regulation & Education Obstacles Are High - Survey
17.12.2021
While fund flows and user adoption figures continue to skyrocket in the blockchain gaming industry, some of the main challenges that hamper the sector’s further growth include regulatory uncertainty, need for user-oriented education initiatives, and technology limitations, among others...
Crypto Industry Insiders Share Top Ethereum, DeFi, Gaming, and TradFi Trends for 2022
17.12.2021
As the year is about to end, a number of companies working in the crypto space have shared with Cryptonews.com their predictions for 2022.
To help you understand what some of the major players in the space see for the next year, we decided to take a look at what topics are trending among those...
USDC Sees Native Launch on Avalanche
17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...
Mintable app to support minting NFTs on the layer 2 Immutable X protocol
14.12.2021
By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders
90% of Bitcoin’s Supply Cap Has Been Issued, Miners Have 119 Years Left to Mine BTC
13.12.2021
On December 12, crypto advocates celebrated the fact that 90% of the 21 million bitcoins that will ever exist have been mined into circulation. Currently, Bitcoin’s inflation rate per annum is around 1.88%, which is lower than the central banks’ traditional 2% target reference....
Russia to Allow Foreign Residents to Own and Use Digital Ruble
13.12.2021
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with...
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...
Ethereum Co-Founder Vitalik Buterin Publishes ‘Plausible Roadmap’ Addressing Scalability
11.12.2021
In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming...
Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not Included
10.12.2021
The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up...
Florida governor's budget proposal wants to let residents pay fees in crypto
10.12.2021
Florida Governor Ron DeSantis proposed to allocate $750 million to enable a “crypto-friendly Florida.”
Coinbase To Compress Trading Fees Amid Rising Competition
8.12.2021
US crypto exchange Coinbase is gearing towards a trading fees compression as part of the company’s drive towards diversifying from trading fees and towards increasingly relying on revenue from subscription services.
Trading fee compression will come down “at some point,” Emilie Choi, President...
Vitalik Buterin's 'Endgame' Roadmap Will 'Take Years to Play Out'
7.12.2021
Ethereum (ETH) co-founder Vitalik Buterin has discussed a "plausible roadmap" for obtaining a scalable blockchain that is adequately trustless and censorship-resistant, but noting that it will probably take years before it "plays out."...
Read More: Vitalik Buterin's 'Endgame' Roadmap Will 'Take...