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Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer
11.10.2022
26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75...
‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
5.10.2022
Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic
Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days
19.9.2022
During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS)...
Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper
17.9.2022
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could...
Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel
29.8.2022
With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s...
Synthetix looks to turn off the SNX money printer once and for all
26.8.2022
If the proposal were to take effect, Synthetix would much more closely resemble a traditional business by simply generating fee revenue and distributing the proceeds to SNX holders
Decentralized Exchange THORSwap to Support Cross-Chain Swaps for Over 4,300 Ethereum-Based Tokens
25.8.2022
Starting today, users can swap supported ERC20 tokens across 8 blockchains in a single transaction from their personal crypto wallet
Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing
18.8.2022
Stablecoin issuer Tether Holdings has tapped BDO Italia, the Italian branch of accounting firm Binder Dijker Otte, to provide attestation reports
1inch plugs into KuCoin Wallet to improve token swaps
11.8.2022
1inch Network expands to another cryptocurrency exchange as KuCoin Wallet integrates its automated market maker functionality to improve token swaps
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...
For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020
7.8.2022
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end...
Wirex partners with 1inch to enable wallet-based token swaps
2.8.2022
The partnership will allow Wirex community members to swap their tokens through an API provided by 1inch Network
EMDX And Chainlink Price Feeds Join Hands To Secure Crypto Perpetual Swaps
1.7.2022
EMDX has integrated Chainlink Price Feeds to secure its crypto perpetual swap. The oracle network now offers EMDX access to high-quality and tamper-proof price feeds. Chainlink Price Feeds covered in the initial phase of the integration are AVAX/USDC, BTC/USDC, and ETH/USDC. EMDX needed access...
SIM Swaps, Other Crypto-related Crimes Set to Rise in South Korea, Says SK
24.6.2022
A South Korean telecommunications giant has claimed that SIM swap-type crypto attacks are on the rise in the country – and has predicted a rise in all crypto-related crime cases in the second half of 2022.
The claims were made by SK Shieldus, part of the SK Group, which owns SK Telecom – one...
Celsius Sends a Memo to Pause Swaps, Withdrawals, and Transfers
13.6.2022
Celsius shared a memorandum with its users and community members on June 13. The announcement carried the team’s decision to put off all the operations like deposits, withdrawals, and transfers to fortify its management framework. The team hopes to bring the project to a better position that...
DeversiFi Launches Cross-Chain Swaps for Bridgeless DeFi Transactions
8.6.2022
The DEX aims to eliminate the gas fees and extra steps associated with multi-chain ecosystems, even if it sacrifices network security
FTX’s Bankman-Fried Pitches CFTC on Directly Clearing Customers’ Crypto Swaps
25.5.2022
Sam Bankman-Fried faced a full room of derivatives industry giants and regulators to argue for FTX’s proposal to directly clear transactions
Halo Infinite Devs Acknowledge Botched Season 2 Rollout, Are ‘Reviewing Options’
6.5.2022
Halo Infinite’s second season, which was supposed to be a much-needed phoenix down, is off to a rocky start. Three days after its rollout, the developer has acknowledged its pitfalls, promising to “review options.” Also: Every player is getting free stuff.Read more
US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades
5.5.2022
U.S. lawmakers have set a hearing to examine the potential can of worms opened by cryptocurrency trading platform FTX when it applied with the Commodity Futures Trading Commission (CFTC) to directly clear its customers’ margin-backed swaps transactions
Elon Musk swaps Twitter avatar for a horde of Bored Apes, BAYC floor price surges 10 ETH
4.5.2022
The development has caused a stir in the NFT community, with some saying Elon Musk made a collage of bored apes on his avatar to troll NFT owners