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Ethereum
Ethereum Mining Revenue Reaches Five Year High
Uniswap’s launch of its native token and associated farming rewards has caused a digital gold rush, which has crippled the Ethereum network for the second time in as many weeks.The news has been good for Ethereum miners, though, as their…
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Coinbase Pro passes gas fees to users as ETH miner revenue hits 5 year high
Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour. Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour.
The spike was…
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Record $1B in tokenized Bitcoin shows BTC holders want a slice of DeFi
Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens. After failing to hold the $11K mark and exposing what some analysts have described as a general apathy to trade BTC…
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Ethereum Gas Fees Drive Gnosis-Powered Prediction Market to xDai’s Layer 2
This isn’t the CryptoKitties craze of 2017.
“The situation is different now,” Stefan George of Gnosis told CoinDesk. Lots of dapps are clawing for Ethereum’s compute power. If activity calms on one decentralized finance (DeFi) platform,…
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First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K
Sep 17, 2020 at 13:08 UTCUpdated Sep 17, 2020 at 13:40 UTC
Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday’s press conference. (Federal Reserve, modified by CoinDesk)
First Mover: Federal…
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The $55M Hack That Almost Brought Ethereum Down
Sep 17, 2020 at 12:41 UTCUpdated Sep 17, 2020 at 12:53 UTC
(Dmytro Tyshchenko/Shutterstock)
The $55M Hack That Almost Brought Ethereum Down
Bloomberg News reporter Mathew Leising’s new book “Out of the Ether: The…
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How Normies Are Getting Crypto-Rich With DeFi
Sep 17, 2020 at 12:17 UTC
DeFi’s current food craze is providing some crypto fans with major returns. (Mick Haupt/Unsplash)
How Normies Are Getting Crypto-Rich With DeFi
Ethereum whales undoubtedly drive the…
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Uniswap Token (UNI) Skyrockets 300% on Coinbase and Binance Listings
Uniswap’s UNI token just released on the Ethereum main net. Soon after, Coinbase Pro and Binance announced its listing on their platforms. UNI’s market price soared through the roof (to the tune of 300 percent) post the news.Coinbase Pro…
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13,000 DeFi users have already claimed Uniswap’s new UNI token
Uniswap is taking on SUSHI head on with the launch of a new governance protocol token UNI, leading to a flurry of activity from more than 13,000 DeFi users. Decentralized finance (DeFi) platform Uniswap’s governance protocol token UNI went…
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Price analysis 9/16: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV
Bitcoin and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market. This week MicroStrategy, a Nasdaq-listed company, announced that it had added 16,796 Bitcoin…
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