Cryptocurrency Analysis and News Portal
A new cryptocurrency trading platform is gearing up to offer zero-fee trades to users in six countries in the Gulf Region. Announced on Thursday, the platform Fasset Exchange (FEX) has started sign-ups for its private beta and is planning a public rollout later this year. Source
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An Ethereum smart contract feature that offers rebates for fees has developers scratching their heads, wondering if they should toss the old code in light of an exponential rise in transaction costs. Called gas tokens, these smart contract loopholes are a way to send transactions on the cheap by “tokenzing” gas,
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Bitcoin took a dive Wednesday. Ethereum miners are benefiting from all that DeFi. Bitcoin (BTC) trading around $11,396 as of 20:00 UTC (4 p.m. ET). Slipping 4.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,159-$12,058BTC above its 10-day moving average but below the 50-day, a sideways signal for market technicians.Bitcoin trading
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With the increase in Ethereum blockchain activity and amid the growth of ETH price, Ethereum miners were reported to have earned $500,000 in transaction fees in one hour – the biggest amount recorded ever.Ethereum miners have lately been cashing out at a higher rate through the consumers’ transaction fee collection
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MetaMask announced it had made updates to its products' use license.The company stated in a press release published on its blog that the new updates will not have any impact on all end-users, most application developers and non-profits and will be free of charge for those groups.The company clarified that
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The son of ex-Nissan head Carlos Ghosn is said to have used the Coinbase platform to send funds in Bitcoin to two men to get his father out of Japan in December 2019.The escape of ex-Nissan chief executive Carlos Ghosn from house arrest late last year is alleged to have
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Carlos Ghosn's son paid approximately 63 bitcoin, now worth $608,000, to the two men who smuggled his father out of Japan last December. Source
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While Ethereum’s recent uptick in adoption has been welcomed by many, it has had a strong side effect:
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Demand to transact on the Ethereum blockchain has pushed fees to uncomfortable levels.A new technical proposal helps address high fees by implementing a dynamic pricing system.Called EIP 1559, Ethereum users would now pay a set “base fee” to the network plus a tip to miners.One technical observer calls it “the
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The hottest Ethereum topic in June so far has been mysterious transactions that involved millions of dollars being paid to transfer small-to-medium amounts of Ether (ETH) — an activity which normally doesn’t cost more than a few dozen cents.Researchers have managed to track down the potential victim — a suspicious
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