Ethereum’s average and median transaction fee slip, lowest in six months
Ethereum’s average transaction fees dropped by almost 73.3% just within a month — down to $14.17 from $53.03. Go to Source Powered by WPeMatico
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Digital yuan transactions beat out Visa at Winter Olympics venue: report
Many of the National Stadium retailers allowing purchases with China’s CBDC were outside the Olympics’ quarantine bubble for athletes, journalists, and staff. Go to Source Powered by WPeMatico
Russian Government Approves Plan to Regulate Cryptocurrency
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian Authorities Move to Legalize Crypto Economy The Russian government “has determined the … Read more
Ethereum price holds above $3K but network data suggests bulls may get trapped
ETH price just broke from a long-term descending channel, but on-chain data still points to a few bearish catalysts. Go to Source Powered by WPeMatico
Report crowns Solana for using least energy per transaction, but there’s a catch
Despite Solana’s low power consumption per transaction, the PoS network still uses much energy overall compared to other PoS protocols. Go to Source Powered by WPeMatico
NFT philanthropy demonstrates new ways of giving back
Organizations and artists are using NFTs to give back to children in need, demonstrating new potential for nonfungible tokens. Go to Source Powered by WPeMatico
Why is my Bitcoin transaction unconfirmed?
When at least three miners do not confirm the Bitcoin transaction, it remains unconfirmed and unconfirmed transactions can be canceled. Go to Source Powered by WPeMatico
Ethereum failing to target core Web 3 issues, says NEAR co-founder
Co-founder of NEAR Protocol, Illia Polosukhin, lays out his vision for Web 3 and explains why Ethereum may not play a prominent role in its foundation. Go to Source Powered by WPeMatico
Russian Banks Begin Testing Digital Ruble Payments
Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble Pilot Launches With 12 Participating Banks The … Read more
Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details on Crypto-Related Transactions In late … Read more
