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Ethereum's EIP-1559 Helped Coinbase Save ETH 27 on Daily Fees
6.10.2021
target="_blank" rel="noopener noreferrer" href="https://cryptonews.com/ext/coinbase/">Coinbase, the upgrade has also brought more direct benefits for users, with the exchange so far saving about ETH 27 – or USD 92,000 – on gas fees every day.After the implementation of the new Ethereum Im
The Risk of Volatile Gas Fees and How to Solve It
13.9.2021
Living in risk and uncertainty is nothing new. We go about our lives knowing that certain accidents or misfortunes could happen, just as we know that we might get unseasonably lucky. We try to manage our risk as best we can, reducing it as much as we reasonably can, then learning to live with...
Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%
6.9.2021
Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover...
Solana extends rally with another new high — Why is SOL price up by 70% in one week?
3.9.2021
The SOL price rally also appeared in the wake of "Ignition," a global hackathon to build new platforms on the Solana blockchain
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
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 supply flips briefly into deflation as gas fees spike
11.8.2021
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far
Cats cause chaos on Ethereum again as Mila Kunis project sells out in 35 minutes
28.7.2021
Data from Dune Analytics shows there was a total of 344.4 ETH ($793,000) in value lost to failed Stoner Cats transactions
EY publishes Ethereum scaling solution to the public domain
5.7.2021
Global auditing giant Ernst and Young has released the third iteration of its zero-knowledge proof Ethereum scaling solution
Pillar V2, First Community-Run Multichain Wallet Cuts Gas Fees by 99%
28.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
28th June 2021, London, United Kingdom - The second iteration of Pillar’s flagship crypto wallet is launching in a period of stellar growth for the wider cryptocurrency industry as crypto assets across the board...
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
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...
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...
Absurdly High Rewards for LPs from First DEX to Refund ETH Gas Fees
6.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
EmiSwap AMM, a new strong player on the DEX scene, intends to pull liquidity from major protocols by providing 100% Ethereum gas refunds and allocating NFTs, some of the most rewarding market conditions...
Synthetic FAANG stocks are trading in DeFi — but do gas fees make them uncompetitive?
23.4.2021
Sky high gas prices may make synths more costly than the real thing
BlockDown: DeFi institutional adoption is booming but gas fees hinder growth
15.4.2021
The BlockDown panel discussed the current issues but also the potential improvements for DeFi
Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver
30.3.2021
Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile,...
Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million
29.3.2021
Uniswap is currently the second-ranked crypto platform by daily fee generation after Ethereum
Are emerging markets missing out on DeFi due to gas fees?
25.3.2021
Developed economies dominate the traffic rankings for the top DeFi protocols by TVL, with the U.S. and U.K. topping the charts
Binance Smart Chain On A Wide-Scale Adoption Spree Amidst Ethereum’s High Gas Fees
9.3.2021
The Binance Smart Chain (BSC) has been witnessing increased activity at a breakneck speed in the past few days, courtesy of the outrageous gas fees that have rendered Ethereum-based AMM-DEXes totally unusable by smaller retail traders who have switched focus to the BSC network, having recognized...
Major Ethereum gas fee overhaul EIP-1559 scheduled for July
5.3.2021
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled