Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days

87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that on October 31, 2021, otherwise known as Halloween, 702,886 … Read more

While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers

On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs, the Average Ether Transfer Fees Onchain Skyrocket The two leading crypto … Read more

Bitcoin ATMs Double This Year, Exceed 30,000 Globally

Locations providing crypto ATM services have increased exponentially this year, according to data compiled by a major tracking site. Bitcoin ATMs have doubled in number since January and close to 80 countries now host teller machines exchanging cryptocurrencies with fiat money. Over 30,000 Bitcoin ATMs Operate Around the World In a year when cryptocurrency markets … Read more

Wormhole Adds Binance Smart Chain Support to Network Bridge

During the first week of September, the Wormhole Network’s ethereum ↔ solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team revealed it has added Binance Smart Chain support to the token and NFT bridge platform. … Read more

Beltracchi’s ‘Salvator Mundi’ — Notorious Art Forger Banned from Selling at Galleries Steps Into the NFT Game

While the world of non-fungible token (NFT) assets continues to swell, the notorious artist and art forger Wolfgang Beltracchi has joined the NFT industry with a collection of NFTs called “The Greats.” Beltracchi is well known for admitting that he forged hundreds of paintings and sold the artworks in the name of the original famed … Read more