Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year, even as average transaction fees on Ethereum’s base layer fell by 80%…. Read More: DeFi on Ethereum L2 Networks Sees Significant Growth,…
Read more
The Monero (XMR) community scheduled the v15 network upgrade for mid-July after reaching a consensus — an upgrade that will not include the “Monero 2.0” hard forks. Meanwhile, some project supporters are trying to orchestrate “The Monerun.” “Monero is set to hard fork on July 16th 2022 at block 26688881, after the community has…
Read more
The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down. The average transaction fee per Bitcoin (BTC) transaction made a complete 360-degree over nearly two years to settle down at $1.039, a number which was last recorded back in June 2020. The BTC transaction…
Read more
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer two (L2) transaction fees have also…
Read more
On Thursday, following Robinhood’s listing of shiba inu, the co-founder and CEO of Robinhood, Vladimir Tenev, spoke about dogecoin being the future currency of the internet on Twitter. Tenev’s Twitter thread got a lot of comments and also received responses from the co-founder of the meme-based crypto, Billy Markus, and Tesla’s Elon Musk. Robinhood CEO…
Read more
Bitcoin (BTC) transaction fees are on the rise for the first time since October as activity on the network has started to pick up. Meanwhile, fees on the Ethereum (ETH) network are moving in the opposite direction, decreasing the burning of ETH tokens as a result, according crypto analytics provider CryptoCompare…. Read More: Bitcoin,…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Tether’s Reserves, MoonPay Scores 60 Celebrities, Meta’s Cut + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
As crypto industry players continue to lure customers with debit cards that offer an expanding range of benefits and bonuses, major crypto exchange Coinbase has rolled out a new card that promises more crypto rewards and no transaction fees under certain terms…. Read More: Coinbase Launches New Debit Card Amid Intensified Competition Among Exchanges,…
Read more
The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down. It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital. #bitcoin fees are…
Read more
While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network fee is around 0.0056 ether or $19.58 per transfer. Ethereum…
Read more
