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Ethereum scalability issues exposed as high gas fees stall DeFi boom
10.9.2020
Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network
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
Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...
Small value crypto transfers in Africa have increased by 55%
10.9.2020
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year
USDC now capable of 1000 transactions per second with near-zero fees
9.9.2020
The asset's new multichain partner makes it so
‘Exclusive mining’ could have negative implications for the Blockchain industry, say experts
7.9.2020
A new mining concept is facing criticism in the blockchain sphere
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
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...
DeFi experts say that Ethereum 2.0 is not the answer to high gas fees
6.9.2020
A better solution might come up before it even exists
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...
Tim Draper Heaps Praise on Bitcoin Cash
5.9.2020
Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated...
Ethereum ATH Fees Drop, Remain 50% Higher Than During ICO Boom
4.9.2020
Following a strong market correction this week, Ethereum (ETH) fees have finally dropped, at least for now. But they are still significantly higher compared to the highs seen during the 2017/2018 initial coin offering (ICO) boom.
After a week of ascending Ethereum fees, the trajectory finally moved...
BTC dips below $10K as traders eye ‘CME gap’
4.9.2020
Bitcoin has crashed below $10,000 for the first time in seven weeks
Buterin, Ethereum Developers Focus on Congestion as Fees Spike Over 600% in One Month
3.9.2020
Median fees have spiked nearly 900% in the since Aug. 2
Around the Crypto World in 15 Charts: CoinDesk Research’s August Review
2.9.2020
In 15 charts, the CoinDesk Monthly Review for August details BTC's performance, its relationship to fiat currencies and Ethereum’s growing congestion problem
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 Fees Double from Two Days Old All-Time High
2.9.2020
The rapid rise in transaction fees on the Ethereum (ETH) network is showing no signs of stopping, after yesterday doubling from its all-time high seen just a day earlier.
In what has been an extraordinary sharp rise, Ethereum fees needed only one day to double from what was already an all-time high...
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