No one will let you forget that Ethereum transaction prices are skyrocketing. Decentralized finance (DeFi) systems, often blamed for increasing gas costs — tokens paid to miners that validate and allow Ethereum blockchain transactions. The issue is institutional, not DeFi-related. How institutions keep and protect digital assets affects how much
The bank’s examiners are amazingly hopeful on Ethereum, anticipating that ETH will “get up to speed to BTC.” A report of the English bank Standard Chartered examiners esteems Ethereum at “USD 26,000-35,000” while anticipating that Bitcoin will continue the bullish momentum. ETH Vs. BTC The financial service giant’s report was
The ‘miner extractable value’ technique is used by the Proof-of-Stake miner’s capacity to execute transactions in unique blocks. This enables miners to make money at the cost of consumers. Which is often reflected in a sluggish network and expensive GAS charges. Thus, Eden Network has created a Priority Transaction Network
An altcoin is a term used to define or refer to any non-bitcoin cryptocurrency. Nowadays, we wonder how many altcoins exist, but the precise number is impossible to estimate due to the huge amount of tokens produced regularly to finance different activities and projects. Furthermore, blockchain organizations, which are often
Two of the most exciting projects in the crypto world — VET and ADA. Cardano uses a proof of stake protocol. VeChain’s major upgrade called PoA 2.0 is on the horizon. Both ADA and VET have had a decent year so far. Two of the most exciting projects in the
It’s a usual thing, prominent CEOs commenting and boasting about their own products upon the crypto industry. Likewise, the CEO of Block.one took over to the social media platform Twitter in order to express his confidence over his epic blockchain platform EOS.IO and its native token the EOS. The CEO’s
Cudos has joined hands with HODL, a new TV comedy series airing in 2022. The Cudos company has also signed a deal with Sator, a new fan engagement token wish is set to launch in August 2021. Cudos Network is a decentralized cloud computing platform, signs an agreement with HODL.
Burning Ethereum proceeds intensely with the activation of EIP-1559 last week. The Ethereum London hard fork and the popular EIP-1559 fee burn activation have been a week since then. According to statistics from Ultrasound.money, over 32,000 Ether, been already burnt to the tune of a stormy $100 million. The activation
The daily usage of Tether stablecoin USDT decreased at the Ethereum blockchain changed from Asian business hours to European and US market time later in the day, perhaps owing to China’s crisis on crypto-monetary trading and the movement of USDT users to other blockchains, according to a recent study. Last
The leading oil explorer in Saudi Arabia recently claimed false and inappropriate gossip about the firm. The oil company, Saudi Aramco denies the rumors about the firm being involved in the minting of digital currency Bitcoin. The oil giant in Saudi reports the denial of the rising news that the
