During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the…
Continue ReadingHigh Ethereum gas prices make it impossible for ERC-20 projects to run any microtransaction payments on Ethereum. This defeats the idea of using the Ethereum network for one of its…
Continue ReadingDecentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand. Popular DeFi platforms including Uniswap, Aave,…
Continue ReadingWhile Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The…
Continue ReadingEthereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour. The spike was triggered by yesterday’s announcement that Uniswap would airdrop…
Continue ReadingEthereum has both benefitted and its rep been harmed from the recent explosion in farming for DeFi tokens. As investors poured liquidity into these tokens, sending and locking up so…
Continue ReadingEthereum has been a stand out star in the crypto market in 2020. Even with the recent over 15% collapse, the top-ranked altcoin is up over 200% year to date…
Continue ReadingBitcoin had a lackluster August while Ethereum “gas” fees are soaring. In 15 charts, CoinDesk Research’s Monthly Review for August looks at bitcoin (BTC) performance compared to traditional assets, its…
Continue ReadingTransaction fees on the Ethereum network have recently reached a new hourly record. According to Glassnode, an on-chain analytics firm, miners on the network earned over $500,000 in just one…
Continue ReadingHistoric fee pressure plaguing the Ethereum blockchain is forcing one of decentralized finance’s (DeFi) hottest projects to consider swapping tires while driving. Digital asset trust company BitGo is in the…
Continue ReadingThe bitcoin market is experiencing low volume Monday but ether continues to fuel DeFi’s growth. Bitcoin (BTC) trading around $11,737 as of 20:00 UTC (4 p.m. ET). Gaining 0.34% over…
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