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Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days


Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining...

Binance Denies Allegation Of Market Manipulation From DWF Labs


Binance is retaliating against the May 9 accusation made against the platform by DWF Labs. This comes after a sensational Wall Street Journal (WSJ) report that stated Binance fired a worker who discovered proof of market manipulation by DWF Labs, a significant market on the trading platform. The...

TON Society Reveals Biometric Proof-of-Personhood Palm Scanning Program


TON Society announced a proof-of-personhood program targeting Telegram users, who can voluntarily scan their palms in exchange for benefits. The organization allocated 1 million TON for this initiative, distributed among 500 million participants in the next 5 years after completing their palm...

Swell enhances transparency with Chainlink Proof of Reserve


Swell incorporates Chainlink Proof of Reserve (PoR) on Ethereum to offer on-chain clarity revolving around the reserves related to rswETH, a liquid staking token. Additionally, Chainlink will support Swell L2, a forthcoming Layer 2 meant for restaking with Chainlink CCIP. These incorporations help...

The announcement of a Fault-proof system by Optimism landed on OP Sepolia


Fault-proof measures are the security measures comprehended for valid transactions on rollups, which are now conducted on OP Sepolia. It is the final testing area before the mainnet.  These measures were also previously considered fraud proofs primarily used to direct transaction permissibility....

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