Despite Daily Transactions Peaking IRS Scare Tactics Have Monero Investors Spooked

Privacy coin Monero presses on full steam ahead as its daily transaction count reaches all-time highs. Data from bitinfocharts. com shows the daily number of XMR transactions peaked at 20. 136k on October 12, 2020. дальше »

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ChainLink Network Hits New Milestone Of Over $30 Billion In Cumulative Transaction Volume

The cumulative transaction on Chainlink has recorded a new all-time high transaction volume totaling $30 billion, following a resurgence of LINK Marines activity in the crypto market. This is according to data from Glassnode, which indicates that the Chainlink network has handled over $30 Billion in transaction volume following a steady rise since September 22. […] дальше »

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Both these metrics hint at a big buy signal for Bitcoin

Bitcoin's NVT [Network Value to Transaction ratio] metric is used to determine whether an asset is bullish or bearish. However, using it in tandem with other indicators/metrics works the best. What dThe post Both these metrics hint at a big buy signal for Bitcoin appeared first on AMBCrypto. дальше »

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Ripple Partner MoneyGram Celebrates 161 Percent Transaction Growth

Ripple partner MoneyGram had its ninth consecutive month of transaction growth this September дальше »

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Leading Ethereum dex Curve begins dabbling in layer-two solutions

Ethereum transaction fees have dropped dramatically since the summer highs when gas cost upwards of 1,000 Gwei. The post Leading Ethereum dex Curve begins dabbling in layer-two solutions appeared first on CryptoSlate. дальше »

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DeFi's DEX Aggregator - 1inch finds the best rates by splitting orders across multiple DEXes

Anton Bukov is the co-founder and CTO of the 1inch exchange. 1inch is a DEX aggregator that executes a swap of tokens at the best price in one single transaction. Anton is a software developer with more than 15 years experience. дальше »

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Revolut partners with Fireblocks for new crypto service

UK based financial technology firm has enlisted Fireblocks — a digital asset transaction and... The post Revolut partners with Fireblocks for new crypto service appeared first on Coin Journal. дальше »

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1xBit Offers Zero Transaction Fees and Faster Transaction Times with new EOS Support

Bitcoin Press Release: Leading Sportsbook and Casino 1xBit announces support for EOS cryptocurrency, as it strives to offer cheaper transactions to its users, and stay abreast of the rapidly evolving crypto betting market. дальше »

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China’s Digital Currency Pilot Project (DC/EP) Hits Over $160M (1.1B Yuan) In Transaction Volume

First reported by the South China Morning Post, the People’s Bank of China deputy governor, Fan Yi Fei, speaking at a SWIFT-organized virtual conference, Sibos 2020, stated massive progress in the digital currency and electronic payments (DC/EP) pilot projects. дальше »

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Stablecoin Growth Knocks Silvergate Exchange Network Volume Over $100B

All-time transaction volume on the Silvergate Exchange Network (SEN), a fiat pathway into bitcoin markets, has reached $100 billion. дальше »

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Ethereum transaction fees plummet 85% due to slower DeFi growth

Over the past three weeks, transaction fees, their volumes and number on the Ethereum network dropped significantly. This may be due to a decrease in the activity of speculators in the DeFi market. дальше »

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2020 Q3 Review - Decentralized Finance explodes

The on-chain effects for the boon in DeFi-related activities have been enormous, with a nearly 3x increase in the amount of Ethereum sent to DeFi contracts, and ETH transaction fees reaching stratospheric heights. дальше »

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RSK Bitcoin sidechain ports Dai to connect with Ethereum DeFi

Interoperable DeFi platforms can help with Ethereum's high transaction fees.

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Ethereum transaction fees drop as DeFi hype dies down

The transaction fee on the Ethereum network is down by 82% as the excitement...

The post Ethereum transaction fees drop as DeFi hype dies down appeared first on Coin Journal.

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Ethereum Transaction Fees Fall 82%, as Defi Hype Eases

The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11. 61, down to $2. 09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. дальше »

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A Solution To the Blockchain Scalability Problem – Meet Jax.Network

Being the next step in the evolution of human civilization, blockchain technology still hasn’t been mass-adopted. The biggest obstacle here is a limited transaction processing capacity. Existing blockchains like Bitcoin and Ethereum are only able to do about 7-10 transactions per second. дальше »

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Ethereum (ETH) price struggling at $355 resistance

Ethereum (ETH) price is struggling to get above the diagonal resistance at $355 as sellers remain in the control of the price action.   Fundamental analysis: Lower transaction fees attracting users Crypto behaviour analytics platform Santiment found that regular users are coming back to Ethereum, as a result of lower transaction fees. дальше »

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ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network

A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119. дальше »

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Gold Is Poised to Retake a Crucial Support—and That’s Bullish for Bitcoin

Bitcoin has seen muted price action over the past few days after plunging from the $10,900 weekly highs as a result of negative new regarding BitMEX. Gold may soon be primed to retake a crucial support level on a medium-term scale, which may help to boost BTC after the aforementioned correction. Related Reading: Ethereum Transaction […] дальше »

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These 3 Trends Show Bitcoin Is Primed to See a Strong Breakout

Bitcoin is expected to soon see a strong breakout as the price action of the cryptocurrency tightens after the news that the U.S. CFTC is charging BitMEX. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Bitcoin Primed to Break Out, Technical Trends Show Bitcoin’s price action has undergone extreme tightening over […] дальше »

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Ethereum: 'Base-layer scalability is years away,' says Buterin

September was the first month in Ethereum's history when transaction fees surpassed the subsidy. In fact, miners made more from fees than from block rewards. Source: The Block Further, the tranThe post Ethereum: 'Base-layer scalability is years away,' says Buterin appeared first on AMBCrypto. дальше »

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Top 5 tokens for Staking in 2020

If you know how Bitcoin works, you probably are well aware of the fact that every blockchain uses some kind of consensus mechanism for transaction validation. Some of the most commonly used consensus mechanisms are Proof-of-Work (PoW) and Proof-of-Stake (PoS). дальше »

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Ethereum Miners Made Eight Times More Fees Than Bitcoin Miners in September

Ethereum has seen immense congestion as of late due to an influx of transaction demand. The transaction demand stems from the rise of decentralized finance applications, which take up a large amount of block space. дальше »

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Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq

Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp. дальше »

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Ethereum scaling project SKALE now live with Phase 2 mainnet

Scaling project SKALE Network, which aimed to ease traffic and lower transaction costs on the Ethereum blockchain, today announced the launch of its Phase 2 mainnet according to a release emailed to AThe post Ethereum scaling project SKALE now live with Phase 2 mainnet appeared first on AMBCrypto. дальше »

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DeFi Has a Front-Running Problem. Sparkpool’s Potential Fix Is Launching This Month

Ethereum mining pool Sparkpool will launch its new mining network, Taichi Network, complete with a “private transaction” feature this month. дальше »

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Flash Loans on Aave Protocol Close to Half a Billion Dollars

Coinspeaker Flash Loans on Aave Protocol Close to Half a Billion DollarsThe Aave Flash Loans service enables users to borrow instantly and easily, no collateral needed provided that the liquidity is returned to the pool within one transaction block. дальше »

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Monero Price Analysis - Bullish technicals and sound fundamentals

Fundamentals show active and continued incremental XMR network upgrades over the past two years, including decreased transaction costs, improved transaction efficiency, blockchain pruning, improved privacy, and improved custody solutions. дальше »

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Record $166M Ethereum Fees Last Month Were 6 Times Bigger Than Bitcoin’s

Ethereum continues to outpace Bitcoin in transaction fees, with DeFi mania helping push total fees to $166 million last month. дальше »

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DeFi Buzz Drove Record $12M Earnings This Summer, Says Ethereum Miner HIVE Blockchain

The ether miner has reported its best ever quarter, saying that surging interest in DeFi led to bumper transaction fee revenues. дальше »

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Winklevoss-Backed Gemini Exchange Rolls Out Zcash (ZEC) Shielded-Address Withdrawals For Transaction Privacy

A blog post on crypto exchange Gemini confirmed privacy-enabled Zcash (ZEC) users can now withdraw their tokens to private addresses instead of transparent addresses. Zcash provides users with a blockchain similar to Bitcoin but with added options to hide user data and transactions through the use of zero-knowledge proofs (ZKPs). дальше »

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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth. ” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees. дальше »

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New Zealand Tax Authority Tells Crypto Firms to Disclose Traders Personal Info & Transaction History

In a statement obtained by the local radio news station, Radio New Zealand (RNZ), New Zealand-based crypto firms must submit their customer’s crypto transaction information to the country’s top taxation authority, Inland Revenue Department (IRD). дальше »

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Why the Lightning Network is so underrated

Bitcoin was introduced as digital electronic cash, however, to make it a viable payment system, the network needs faster transaction processing. Currently, the transaction processing time for Bitcoin The post Why the Lightning Network is so underrated appeared first on AMBCrypto. дальше »

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Flow Blockchain Combines DeFi And NFTs To Power Next-Gen Crypto Games

Like the internet, blockchain has been pitched as the next revolution that will disrupt all major industries and change the face of technology forever. But problems pertaining to scaling, high transaction fees, and clunky developer tools prevent expedited mainstream adoption from happening. дальше »

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Andreessen Horowitz Gets FTC OK for Unspecified Coinbase Transaction

It is unclear at press time whether the approval is for a16z’s previously disclosed purchase of shares in Coinbase or for a new purchase. дальше »

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Binance’s New Yield Farming Protocol PancakeSwap Promises Staking and Low Transaction Fees

Binance launched another yield farming protocol, PancakeSwap, a new platform that will enable users to provide liquidity using BEP20 tokens on the Binance Smart Chain. While acknowledging that the DeFi market doesn’t need another food-based yielding protocol, Binance stated that PancakeSwap introduces a new staking feature and will eliminate the high transaction fees problem on […] дальше »

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Ripple Exec Responds to Dump Allegations, Claims XRP Moved to NYDIG Custodian

Chris Larsen has responded to XRP holders and other cryptocurrency industry observers that claim a recent $115 million transaction was an effort to dump the cryptocurrency on the market. The Ripple executive chair says the transaction was to the custody provider, NYDIG. дальше »

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Colombian gov’t invites companies to trial its crypto transaction framework

Colombia takes another important step towards regulating the nation’s crypto sphere.

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Ripple Partner Volante Allies with Goldman Sachs to Launch Cloud-Based Digital Transaction Banking Platform

Goldman Sachs and Ripple partner Volante Technologies are launching a new cloud-based Digital Banking Service with Volante becoming one of the first clients дальше »

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Bitfinex adopts Lightning Network’s ‘Wumbo Channels’ 

Cryptocurrency exchange Bitfinex integrated Lightning Network’s Wumbo Channels, which helps speed up payment transaction time, on its platform, which will now allow the exchange to provide users witThe post Bitfinex adopts Lightning Network’s ‘Wumbo Channels’  appeared first on AMBCrypto. дальше »

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LTC Transaction Volume Up 104.7% Due to Litecoin-based RPG Litebringer

Litecoin transaction volume has boosted over 100% over the past 24 hours due to the Litebringer RPG where players are actively using LTC дальше »

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TRON price is down 45% since the beginning of September, here’s why

The price of TRON (TRX) has weakened from $0. 049 below $0. 027 in less than three weeks and the current price stands around $0. 0266. The main reason for this is a low transaction volume and there is still a level of uncertainty surrounding the project. дальше »

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Party at Vitalik’s House? For DeFi, it’s Do-or-Die

Ethereum gas prices have set new records, with single DeFi transactions costing over $10 in fees. High fees are the result of congestion, as users pay ever higher fees to ensure their transaction gets into a block. дальше »

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ETH’s Daily Transaction Volume Thrusts Ethereum 2.0 Into Limelight

Ethereum is on a roll. The blockchain network just attained a new all-time high for daily transactions, while gas fees have been skyrocketing in the interim. Ethereum’s daily transaction flow was fueled by a frenzy in the decentralized finance (DeFi) space that has thrown the market into a tizzy. дальше »

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Blockchain Bites: Airdrops, Record Volumes, $1B BTC on Ethereum

Ethereum miners are reaping revenue from increased transaction volume from DeFi, as more than $1 billion worth of BTC migrates over. дальше »

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GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination of cash and shares in the transaction. дальше »

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Number of Daily Ethereum Transactions Reaches New All-Time High, Trumping Early 2018 Peak

Ethereum's daily transaction count hits a new all-time high, surpasses the peak of the ICO craze дальше »

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Coinbase Pro passes gas fees to users as ETH miner revenue hits 5 year high

Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour.

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Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch

The Ethereum blockchain has become congested after multiple days of low activity. According to GasNow, an ETH transaction fee tracker, the average gas price users of the network are paying has spiked over 500 Gwei. дальше »

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