Month: June 2020

Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction

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History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2.6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth about $86,400 and paid 10,668 ETH, or $2.6 million, in transaction fees. The latest transaction was mined on block 10241999 by … Read more

Eidoo Burns 28 Million $EDO in Preparation for Governance Token Upgrade on June 18th

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Switzerland, 11th June 2020. Swiss-based crypto platform Eidoo has today burned almost one third (1/3rd) of the total supply of utility token $EDO as they prepare for its June 18th token upgrade, in collaboration with sister company Provable Things. In one of the largest-scale token burns in the history of cryptocurrency, this burn of 28 … Read more

Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing Development

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On June 10, 2020, the Human Rights Foundation (HRF) launched a fund that is dedicated to the development of tools that make the Bitcoin network “more private, decentralized, and resilient.” HRF’s initial gift of $50,000 will be given to the UK-based developer, Chris Belcher, who has been working on a project called Coinswap. This week … Read more

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