Ethereum gas fees have been on the rise, from a standard 24-36gwei last year, to 300+ gwei right now. The reason behind this massive growth is rooted in the overwhelming interest in yield-farming and entering complex financial positions.
Most of the smart contracts that run swaps are relatively cheap, usually using a 150,000 gas limit.…
Crypto Twitter is buzzing with activity and banter between BTC and ETH maximalists, with members on both sides of the spectrum poking and prodding at each other in an effort to claim "victory" as to be seen as the cause of this bull run.
https://twitter.com/bennd77/status/1291953192624955392
Fueled by the lack of great defense on the ETH side, especially…
Following the 4 year anniversary of the 120k BTC theft, Bitfinex has published a reward of up to $400 million USD for the recovery of the lost assets.
The value of these assets today would be $1.34 billion USD, with the reward representing 30% of the total amount.
Interestingly, this offer is also extended to the hackers…
Early this morning, crypto markets almost universally experienced a price drop at around 5 am UTC. Yesterday's crypto market rally was broken after the flash sale and markets have somewhat recovered and are now relatively stabilized.
Crypto Twitter is still catching on, with only a few users experiencing confusion about the situation.
How can the entire crypto…
When Satoshi Nakamoto published the groundbreaking Bitcoin whitepaper in 2008, it obtained much fanfare amongst the cypherpunk community. A pre-programmed step ensures the limited supply of 21 Million BTC will certainly decrease its supply entering the market via a scheduled quadrennial block incentive halving, called The Halvening. Fast forward to 2020, the decentralized digital money…
Disclaimer: This is an update from the editorial team to our readers. In our efforts to generate a vocal community we are going to need help. This is where you, a potentially loyal reader of crypto-news.net come in the picture. This article will take you 5 minutes to read and your participation will influence the…
Corporate blockchains don't get a lot of love by the crypto community, and rightly so, we rarely have a stake in these systems, nor we are incentivized in any way to care about them.
They are important regardless, even if it's not for obvious reasons. Applying open-source blockchain networks is not feasible for businesses, as that…
Information leaked to Bloomberg suggests that China is preparing for the first real test for the state-sanctioned digital currency via the Didi Chuxing app, an Uber-equivalent in China.
The ride-hailing application is integrating the digital yuan as a payment method, enabling citizens to use DRMB to pay for rides and potentially more in the future, according…
Over the past 30 days, miners have been coming back to BTC in troves, and on Jul. 8, broke the all time record of 126 Exahashes.
One reason behind the spike is the implementation of the latest mining hardware as a response to the increased difficulty-to-reward ratio caused by the halving event in May.
Newer…
Starting on July 11th, Youtube started to present ads featuring BTC giveaway scams to viewers, a clear violation of trust and integrity in the network. Whether this was an inside job or a fault in the algorithm, is not clear.
We reached out to Youtube for comment, but no response was given by the time of…
