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Optimism

Optimism launches testnet of its Ethereum scaling solution

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The Optimism startup, which is developing a second-tier scaling solution for the Ethereum network called optimistic rollup, has launched a limited testnet. According to the developers, the process of launching the solution will be phased - an optimistic rollup will be integrated with a small group...

Uniswap

Uniswap token transaction cost jumps to $50

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On Ethereum, transaction fees continue to rise due to network congestion. This trend the day before led to a record daily income of miners. After the start of the distribution of Uniswap tokens, the income of Ethereum miners reached $ 938,000 in just one hour. Analysts of the Glassnode platform...

Ethereum

Ethereum developer activity on GitHub hits seven-month high

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Amid the preparations for the ETH 2.0 update and the development of the DeFi market, Ethereum has the highest developer activity in the past seven months. That is stated in the report of the Santiment team. The researchers drew attention to the activation of the creators of services based on...

Ethereum

Ethereum transaction fees raised reaching their peak

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The fees of transactions on the Ethereum platform have achieved an unprecedented hourly record lately. The increase in fee prices started in summer as a result of the extension in activities on decentralized exchanges (DEXs) and different structures that cover the DeFi space. At the moment, average...

Ethereum

Ethereum fees decline amid DeFi collapse Of Yam Finance

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Ethereum transaction fees recently hit a new high. However, the collapse of the Yam Finance crypto project, deployed in the DeFi ecosystem, caused the cost of operations to fall. According to the ETH Gas Station service, Ethereum commissions are now about 60% lower than they were in the middle of...

Ether

Ethereum hashrate hits 20-month high

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The DeFi market for decentralized financial services continues to expand quickly. Recently, the capitalization of tokens of the ecosystem deployed on Ether exceeded $4 billion. The growth of the decentralized finance market is driving the demand for transaction processing on the Ethereum network....

Ethereum

ETH showed the best results in a day from the top 10 cryptos

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Over the past 24 hours, the largest altcoin ether (ETH) has performed the best among the top 10 cryptocurrencies, has risen in price by more than 6%. On Friday, July 31, the ETH rate came very close to $340, the capitalization of the digital currency now exceeds $37.8 billion. The last time...

Bitcoin commission

The average commission on Bitcoin network increased by 752%

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The average commission on the Bitcoin network has increased by 752%, according to blockchain reviewer bitinfocharts.com. On July 28, sending a bitcoin transaction cost $5.8. A month ago, this indicator was at $0.68. The maximum commission in the network of the first cryptocurrency was in December...

China mining Ethereum

A shortage of graphics cards: Chinese can't mine Ethereum

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Against the background of the rise in the price of Ethereum to $330, Chinese miners became interested in mining the second-largest cryptocurrency in terms of capitalization. However, their plans were in jeopardy due to a shortage of video cards and an increase in their cost, writes 8btc. As a local...

ETH

Cryptocurrency fund that was shorting ether is closing

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Tetras Capital, a crypto hedge fund that went short on ETH, has announced it will close. Tetras has lost 75% of its capital since launching in 2017 and is now returning the remaining funds to investors. The New York fund started trading altcoins and later became known for its critical statements...

Ether

Ethereum activity nears three-year high

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The number of addresses on the Ethereum network making daily transactions continues to grow. The trend towards increased user activity was previously recorded by many researchers. Recently, the Xangle Research team published a report in which they noted that in the second quarter of 2020, the...

Ethereum

Ether skyrocketed to a six-month high

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The most popular altcoin Ether (ETH) demonstrated the best performance of the top ten cryptocurrencies over the past day. The coin has risen in price by more than 7% and reached its highest level since the end of February 2020. At the time of the publication of this review, ETH was trading slightly...

Grayscale

Grayscale raised share of BTC and ETH in Digital Large-Cap

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Grayscale investment company has increased the share of bitcoin and ether in its Digital Large-Cap (DLC) fund due to other comprehensive altcoins. On Twitter, the company announced changes to the DLC in the 2nd quarter of 2020. During this period, the share of bitcoin in the fund increased from 81%...

ERC-20 capitalization Ethereum

ERC-20 token capitalization exceeded Ethereum's cap

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The growing popularity of decentralized finance (DeFi) services has led to the fact that the total capitalization of tokens on the Ethereum blockchain exceeded the ETH cryptocurrency itself. The Defiant new editor-in-chief Camila Russo shared this observation. Taking the data from the Etherscan...

Ethereum surpasses Bitcoin

Ethereum outperformed bitcoin by gain of active addresses

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The second-largest crypto in terms of capitalization surpassed bitcoin in terms of the growth in the number of active addresses. Since the beginning of the year, their number has increased by 145%, while at BTC this indicator increased by 13%. According to the analytic company Messari, the number...

Elon Musk

Elon Musk does not recommend buying Ether

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The famous engineer Elon Musk once again expressed his attitude to the cryptocurrency industry. Founder of Tesla and SpaceX previously stated that his favorite coin is Dogecoin. Now on Twitter, he commented on the Ethereum project. The engineer wrote that he does not use Ethereum in any way, and he...

Ethereum

The number of Ethereum addresses continues to grow

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The largest altcoin Ether (ETH) is currently trading at $ 227, over the past 24 hours, the crypto capitalization has dropped to $ 25.493 billion. At the same time, the number of coin holders, by contrast, continues to grow. According to the Glassnode platform, the number of wallets on the Ethereum...

Matter labs

Matter Labs launches zkSync, Ethereum network scaling tool

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Startup Matter Labs has announced the launch of a Level 2 solution for scaling the Ethereum network. A tool called zkSync developed based on zkRollup technology, can process up to 2000 transactions per second. In comparison, the Ethereum blockchain currently processes an average of 15 transactions...