Ethereum on-chain USD transaction fees hit the second highest level in history on Tuesday April 20 just as Conflux permissionless Layer 1 public blockchain launched a multi-chain asset solution that enables bi-directional interoperability for digital assets across several chains including th...
Several new records have reportedly been smashed in the crypto space in the wake of the recent exponential rise in the price of top cryptocurrency, Bitcoin. Aside from Bitcoin price breaking its all time high records - in the past month, data from analytics firm Glassnode show that Bitcoin ...
Ethereum mining industry comes to a frenzy as the ETH price previously hit about $620 record high. At least 10 Chinese companies are trying to develop new Ethereum mining machines. Rumors about Bitmain's ETH miner E9 and FPGA are rampant In July 2020, the monitoring data sho...
Scalability Solutions There have been many attempts at upgrading blockchain infrastructure, with the very first one being Lightning Network, which is arguably as old as the very first Bitcoin software released by Satoshi Nakamoto in 2009. Looking into Bitcoin 0.1, there is a raw draft o...
Ethereum gas prices have declined to 36Gwei, the three-month low since the DeFi boom, falling 93% from the peak. However, the data on the chain shows Ethereum network hashrate continues to grow, and the miners are frantically investing more in machines. According to the data from QKL...
In the early morning of June 6, Chinese users found they had difficulties in withdrawing coins from some crypto CEXes (Centralized Exchange). It was reported that the ETH futures in Huobi could not be cancelled, another centralized exchange OKEx also suspended the withdrawal of ETH...
The daily revenue from Ethereum transaction fees more than doubled in just one day—and it keeps growing. Just a day after yielding over half a million dollars in transaction fees in one hour, Ethereum miners’ average hourly revenue surged to $800,000 today, according to crypto analytics...
In the past two weeks, the price of Ethereum has pumped by 78%, in addition to the currency price, Ethereum's trading volume and number of active addresses boom as well. DeFi has become the key to support the rejuvenation of Ethereum. The decentralized consensus mechanism and perfect infra...
Is TVL really the most valuable metric in DeFi? Compound’s COMP token recently triggered a massive yield farming effect within the DeFi ecosystem. Numerous headlines suggested the category had reached an all-time high value. According to defipulse.com, the DeFi sector has now s...
Of the many different types of blockchains that exist, with their various properties, Ethereum has stood out as an opensource blockchain owned by everyone for the past five years. This classification is what Consensys thinks distinguishes Ethereum from other networks and cryptocurrencies inc...
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