Ethereum gas fees rose 498% in two weeks as network activity surged — Report
An uptick in Ethereum network activity was accompanied by a 498% rise in ETH gas fees. Will Ether price respond?
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Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds. Some of the best-known unicorns…
Circle weighs in on SEC vs. Binance case, argues stablecoins are not securities
Circle noted that assets pegged to USD are not securities, partly because users are not expecting any profit from acquiring them. 176 Total views 4 Total shares In a court filing, Circle argued that assets that are pegged to the U.S. dollar, like the Binance USD (BUSD) or its own stablecoin USDC, are not securities
ETH miner revenue reaching a new all-time-high may be bad news for low volume yield farmers
Is DeFi a mousetrap for retail investors? On September 2, the revenue of Ethereum (ETH) miners reached an all-time high of 51,541 ETH. While this may be good for the miners, it could turn popular DeFi projects into a mousetrap. Ethereum miner revenue, percent from fees and total gas used. Source: Glassnode.When denominated in USD,…
BitGo Provides Custody and Wallets to Digital Asset Trading Platform LGO Markets
Blockchain security firm and wallet service BitGo has provided a newly launched digital asset trading platform, LGO Markets, with its custody and multi-signature wallets, according to a press release published Tuesday, April 9.LGO Markets, which is focused on institutional investors, will offer BitGo services for hedge funds, family offices and asset managers that are working…
Mama Bitcoin: Fishing for female empowerment with crypto in West Africa
Mama Bitcoin is the pseudonym claimed by a young Senegalese Bitcoiner called Bineta. Her business, Bleu comme la mer, was the first retailer in Senegal (and possibly West Africa) to accept crypto as payment. She’s also the first generation of her family to read and write proficiently. The name Mama Bitcoin takes inspiration from the initials…
Diar: Average Bitcoin Transaction Fees Increased by Nearly 200% From March to April
Average bitcoin (BTC) transaction fees increased by nearly 200% in April compared to March, a report released by crypto research firm Diar on May 6.The report also notes that bitcoin miners earned $13.7 million from fees alone — over 71% up from $3.9 million — the amount they made from fees during the previous month.…
Fidelity reportedly amends Ether ETF S-1 filing, removes ETH staking
Fidelity's amended filing follows a U-turn from the SEC, as the regulator asked Ether ETF issuer to update their 19b-4 filings.
Crypto veterans extend a helping hand to bear market newbies
Guy Swann listed buying Bitcoin on top of his list of advice for beginners who are experiencing their first bear market. 45 Total views 1 Total shares As the bears take over and the markets slow down, Twitter user DeFi Edge asked crypto veterans, who experienced the bear market of 2018, what advice they would…