Galloping gas fees are hurting the average user but Grayscale and Ethereum advocates can see the bright side.
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Galloping gas fees are hurting the average user but Grayscale and Ethereum advocates can see the bright side.
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With Ethereum’s fees rocketing to new highs amid Ether’s rally into new price highs, the fees associated with using some complex DeFi protocols has increased above $1,000.
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Despite executing 179,000 transactions during its first month of operation, the xDai-powered Perpetual Protocol spent just $183 on gas fees.
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Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%.
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A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to the DeFi ecosystem. Still, the […]
The post ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network appeared first on Bitcoin News.
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Developed by the team behind some of the most successful crypto applications in the world, Flow is a blockchain re-designed from the ground up to be user- and developer-friendly as well as modular and future-proof. The network is already being used to develop digital collectibles offerings for top global brands like the NBA and UFC […]
The post Why Top Global Brands Like the NBA and UFC Choose Dapper Labs’ Flow Blockchain appeared first on Bitcoin News.
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While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners collect close to $1 million in gas in less than an […]
The post Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers appeared first on Bitcoin News.
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An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In a long Twitter […]
The post Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs appeared first on Bitcoin News.
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