Increased gas limits on Ethereum L1 come with risks… but big rewards
Prominent Ethereum devs say significantly raising gas limits will increase network capacity and innovation, but others say too big of an increase would pose serious risks to stability and security.
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JPMorgan to acquire troubled First Republic Bank
Banking giant JPMorgan will take over the assets of the troubled First Republic Bank after its seizure by the California Department of Financial Protection and Innovation. 484 Total views 11 Total shares Own this piece of history Collect this article as an NFTThe American banking giant JPMorgan Chase is set to acquire First Republic Bank’s…
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German Gov’t Speaks Against Approval of Facebook’s Libra in Europe
The government of Germany has spoken against the authorization of the development of Facebook’s forthcoming Libra stablecoin in the European Union.As German weekly news magazine Spiegel reported on Sept. 13, the Christian Democratic Union (CDU) parliamentarian Thomas Heilmann — who is responsible for the blockchain policy of the CDU and Christian Social Union in Bavaria…
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Tracking Bitcoin Transactions, Explained
1. How can I track Bitcoin transactions? Through block explorers and dedicated services offered by some crypto exchanges. Unlike banks, where it can be difficult to find out information about details about transactions that are currently being processed — as well as those that have been completed — the blockchain offers far greater levels of…
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Bitcoin Price Soars on Strong Weekly Close Putting $10.5K Within Reach
Within the last hour, Bitcoin (BTC) price rallied above $10,000 to set a new monthly high at $10,315. The move came after a rather uneventful weekly close which saw the top-ranked digital asset on CoinMarketCap close above an important multi-year descending trendline. A few hours after the close, Bitcoin price found renewed strength and surged above…
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Why a trader says Bitcoin is short-term bearish despite holding $30K
Bitcoin is short-term bearish, traders say, as the options market hints at consolidation. 2427 Total views 12 Total shares A pseudonymous trader known as “Byzantine General” is short-term bearish as Bitcoin (BTC) continues to test the same $30,000 support area.Although the price of Bitcoin is staying above a key support level, the trader said the…
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Is $1 billion a day in volume the ‘new normal’ for Uniswap?
Uniswap could be averaging $1 billion in daily trade volume soon with the majority of trades occurring between Ethereum and stablecoins. 1256 Total views 7 Total shares Leading decentralized exchange, or DEX, platform Uniswap continues to lead the sector as it nears an average of $1 billion a day trading volume for the month of…
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USD Coin officially expands to Base and Optimism networks
Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time. Circle’s USD Coin (USDC) has launched natively on both Base and Optimism networks, allowing Circle account holders to send USDC stablecoin from their accounts to Base or Optimism. Coinbase has also made
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Ripple survey: 97% of payment firms believe in the power of crypto
The lack of regulatory clarity is the biggest hurdle to the adoption of crypto-enabled payments, according to a new survey co-hosted by Ripple. 724 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe global payments industry is bullish on the potential of cryptocurrencies and blockchain to enable faster…