Transactions Financial News
29.04 / 16:17
Ethereum
defi
fees
transactions
L2
DeFi on Ethereum L2 Networks Sees Significant Growth, Even as Ethereum Fee Level Falls
Total value locked (TVL) in decentralized finance (DeFi) platforms built on Layer-2 networks for Ethereum (ETH) rose by a massive 964% in the first quarter compared to the same quarter last year, even as average transaction fees on Ethereum’s base layer fell by 80%.
26.04 / 20:15
Blockchain
transactions
community
Bitcoin
Here is How BIP-199 Could 'Kill' Bitcoin According to Andreas Antonopoulos
Bitcoin (BTC) educator, author, and entrepreneur Andreas Antonopoulos has voiced concern regarding a possible far-reaching consequence of the Bitcoin Improvement Proposal (BIP) 119 that he says could "kill" Bitcoin.
20.04 / 08:03
Blockchain
Ethereum
defi
transactions
Optimism-based projects spike on rumors of token airdrop
The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon launch a token and airdrop it to the community.
18.04 / 11:58
Blockchain
fees
transactions
Bitcoin
Bitcoin average transaction fees lowest in two years at $1.04
The average transaction fee per Bitcoin (BTC) transaction made a complete 360-degree over nearly two years to settle down at $1.039, a number which was last recorded back in June 2020.
12.04 / 07:57
Analysis
transactions
Bitcoin
Bitcoin Price
market decline
Three-quarters of BTC addresses still in profit despite market decline: Glassnode
The price of Bitcoin (BTC) has been on the decline again recently, but new insights from blockchain analytics firm Glassnode show that up to 75% of Bitcoin addresses are in profit.
21.03 / 22:05
Blockchain
Metaverse
transactions
Scalability
Blockchain 4.0 technology introduces solutions for scalability, transaction speed, throughput
Although there is no single metaverse concept, current propositions have one thing in common. That is, they rely on blockchain's ledger technology as their foundation. With the blockchain, the metaverse can exist without a formal owner, allowing each participant to shape the realities of a digital realm. While the peer-to-peer network makes sense in theory, the current trilemma presents a hurdle that must be overcome to make the metaverse a reality.
03.03 / 15:43
Blockchain
security
transactions
interview
Crypto users
Ledger CTO warns crypto users about the dangers of 'blind signing'
With the recent attack on OpenSea highlighting blockchain vulnerabilities, Charles Guillemet, the CTO of Ledger warns users about “blind signing” which he defines as “consenting a transaction to be signed blindly, without understanding what it means.”
24.02 / 05:57
NFT
defi
transactions
ERC-20
NFTs most popular assets on Ethereum, but Wrapped Bitcoin growth stalls
Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin (WBTC) has remained relatively stagnant since late last year.
16.02 / 07:59
Ethereum
defi
Polygon
transactions
network
18.36M Ethereum addresses joined the network in 2021
New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million new addresses per month, but competition is becoming increasingly fierce for market share.
11.02 / 01:23
business
VISA
transactions
Winter Olympics
Digital yuan transactions beat out Visa at Winter Olympics venue: report
On the day of the opening ceremony of the Beijing 2022 Winter Olympics, there were reportedly more transactions made in China’s central bank digital currency than those through Visa.
08.02 / 11:59
transactions
Tax
end
Clear crypto tax rules before April to end confusion, litigation
tax treatment of crypto transactions before April 1 to avoid any confusion and litigation. At present, divergent practices are followed in the treatment of crypto transactions, with some declaring income as capital gains, others as business income and some not disclosing it at all. If the income from transfer of cryptocurrency is treated as business income, then the tax rate is 30%, though with deduction of charges or expenses incurred. If the income is treated as capital gains, then long term gains (where it is held for more than 36 months) faces a rate of 20% and if held for less than 36 months (short-term gains) then tax as per slab rate is applicable.
27.01 / 20:03
Ethereum
Adoption
Developers
transactions
Ethereum failing to target core Web 3 issues, says NEAR co-founder
Illia Polosukhin, the co-founder of NEAR protocol, thinks Ethereum development has a focus problem. He says engineers should be fixing crucial issues that will enable Web 3 to scale to billions of users.
20.01 / 08:39
Blockchain
Ethereum
Hackers
transactions
Multichain
Multichain under fire from users as hacking losses grow to $3M
Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17.
18.01 / 13:48
Ethereum
Polygon
fees
transactions
Polygon Implements Ethereum Improvement Proposal 1559; MATIC Dives Today
The popular Ethereum (ETH) layer-2 scaling solution Polygon (MATIC) has implemented EIP-1559, an Ethereum Improvement Proposal brought forth as a more efficient fee mechanism to Ethereum's first-price auction fee calculating system.
13.01 / 00:03
business
transactions
Bitcoin
Today in Bitcoin history: 13-year anniversary of transaction between Satoshi and Hal Finney
It’s been exactly 13 years to the day since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain from creator Satoshi Nakamoto.
22.12 / 19:47
Blockchain
Technology
transactions
Cross-Chain
Terabithia cross-chain protocol bridges Internet Computer and Ethereum
On Wednesday, Psychedelic, a Web 3.0 development studio building solutions for the Internet Computer, launched Terabithia, a cross-chain contract communication and asset mirroring protocol. Beginning with the Internet Computer (ICP) and Ethereum (ETH), users will have the ability to mirror and use any ETH tokens, fungible and nonfungible, on the Internet Computer blockchain and vice versa, effectively turning ICP into a layer-two scaling solution for ETH.
10.12 / 04:51
Blockchain
Developers
transactions
DDoS
network
Solana reportedly hit by DDoS attack but network remains online
Solana's blockchain performance was reportedly hit by a distributed denial of service (DDoS) attack over the past 24 hours, however the network appears to have remained online throughout.
30.11 / 06:59
fees
transactions
Value
Bitcoin
network
Bitcoin Network
Bitcoin network settling an average of $95K for every $1 in fees
The Bitcoin network’s value settlement efficiency has been improving steadily recently, with more being settled for lower fees.
18.11 / 18:39
regulation
transactions
Central Bank
Bank of Russia plans to take fees for CBDC transactions: Report
The Russian central bank continues to disclose more details about its upcoming digital currency and is now reportedly planning to take commissions for the digital ruble transactions.
17.11 / 15:01
Blockchain
Payments
transactions
Blockchain Adoption
Building a path to sustainable finance and blockchain adoption starts with payments
Climate and environmental issues are only increasing in severity, with temperatures rising and natural disasters occurring in one place after another. Rather than turn a blind eye towards these conditions, the population has become more conscious of their consumption habits, pushing towards finding more sustainable ways to meet their needs. Likewise, brands have also committed to reducing their footprint.
16.11 / 20:57
Technology
Adoption
fees
transactions
Power
The power of cheap transactions: Can Solana's growth outpace Ethereum?
The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second.
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