10% of Ethereum validators signal gas limit increase
Ethereum core developer Eric Connor said increasing gas limits could result in a 15% to 33% reduction in transaction fees.
Related Posts


Australia-based crypto miner doubles hash rate after energizing Canadian rigs
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.” 265 Total views 22 Total shares Australian Bitcoin miner Iris Energy said it had increased its hash rate to more than 2.3 exahashes per second following the completion of phase…

South Korea to Bring Crypto Exchanges Under Direct Regulation
The Financial Intelligence Unit (FIU) of South Korea's Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation.On August 7, Business Korea reported on the FIU’s decision to shift away from its current practice of regulating crypto exchanges indirectly by providing administrative guidance to domestic banks.A shift away from indirect regulationIn…

Compound liquidator makes $4M as oracles post inflated Dai price
DAI reached a price of $1.3 on Uniswap and Coinbase, the two exchanges used by Compound's oracles. 307 Total views 2 Total shares The crypto market suffered a powerful crash on Thursday morning UTC, which sent prices of major currencies like Bitcoin (BTC) and Ether (ETH) tumbling in excess of 10%.When traders rush for the…

Indian IT Minister Requests Blockchain Solutions to Improve Government Schools
The Indian Telecoms and IT Minister, Ravi Shankar Prasad, has tasked the National Informatics Centre (NIC) with developing a blockchain-based solution for improving the quality of government schools.According to a Jan. 20 report by the Press Trust of India, the minister made the request at the inauguration of a blockchain technology center of excellence, set…

Concerts in the Metaverse could lead to a new wave of adoption
Colin Fitzpatrick is a Dubliner based in Dubai who turned a bad time during quarantine into a business that promises to bring your favorite artists to a metaverse near you. His company Animal Concerts, which launches in January, is in the process of signing world-class artists to perform in the decentralized worlds of the Metaverse.Among…

Crypto enthusiasts could make $122K per year mining Ethereum with this setup
All you'd need is 78 NVIDIA GeForce RTX 3080 graphics cards... and a decent air conditioning system. 1700 Total views 6 Total shares Simon Byrne has taken at-home crypto mining to a whole new level as he looks to capitalize on Ethereum’s (ETH) potential. As first reported by Anthony Garreffa, Byrne has set up an ETH…

Pornhub Adds Tether Stablecoin as New Crypto Payment Option
Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019.According to a Jan. 23 blog post, Pornhub now supports Tether (USDT) — a major United States dollar-pegged stablecoin — to allow instant and zero-fee payments via the crypto wallet and browser extension TronLink.Pornhub…

ECB wants final say on the legal status of private stablecoins in the EU
The European Central Bank has demanded veto power from lawmakers in the European Union over private stablecoin projects like Diem. 1914 Total views 8 Total shares The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission.According to Reuters, the ECB has asked EU lawmakers for veto powers concerning…