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Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume

Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume

The Binance Smart Chain, a platform for building smart contracts, has surpassed the Ethereum network for transaction volume and unique active wallets.

Total Value Locked in Ethereum 2.0 Deposit Contract Reaches a New All-Time High of $6.5 Billion

Total Value Locked in Ethereum 2.0 Deposit Contract Reaches a New All-Time High of $6.5 Billion

The total value locked in Ethereum 2.0 has hit a new all-time high, showing the trust in the network's future amid high gas fees.

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.

Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH

Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH

An Ethereum user has found himself paying $9,500 in transaction fees to send only $120 of Ether.

Ethereum Exploded by More than 17.4% over the Weekend as Transaction Fees Recorded 205.99% Monthly Growth

Ethereum Exploded by More than 17.4% over the Weekend as Transaction Fees Recorded 205.99% Monthly Growth

New data by on-chain data provider Santiment reveals that the uptrend over the weekend made Ethereum increase by more than 17.4%.

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.

Ethereum's Vitalik Buterin Concerned About Security Risks That Come With High ETH Transaction Fees

Ethereum's Vitalik Buterin Concerned About Security Risks That Come With High ETH Transaction Fees

By now, it is no secret that Ethereum co-founder Vitalik Buterin and his team are busy perfecting Ethereum 2.0 and preparing it for its official launch.

Bank of America Considers Bitcoin and Crypto Transactions to be Equivalent to Cash

Bank of America Considers Bitcoin and Crypto Transactions to be Equivalent to Cash

Bank of America is considering Bitcoin, Ethereum, and other altcoins to be cash equivalent, and will treat crypto-related transactions as cash advances. Adjustments to the fees in that category of transactions will also be made.

OKEx Partners with Shrimpy to Foster Crypto Portfolio Automation

OKEx Partners with Shrimpy to Foster Crypto Portfolio Automation

OKEx cryptocurrency exchange and Shrimpy, a crypto exchange trading bot for portfolio management and market indexing, agree on a strategic partnership to foster crypto portfolio automation tools among crypto traders.

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Ethereum Addresses and Hash Rate Hit New Record Highs Amid DeFi Hype and Surging Fees

Although taking a slight dip earlier on in the year, Ether has remained a high performer in 2020, while outpacing the gains made by Bitcoin.

Crypto Fest 2.0 Rumble in the Crypto Jungle

Crypto Fest 2.0 Rumble in the Crypto Jungle

Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!

Europechain Education Program delivers EOSIO with the University of Geneva

Europechain Education Program delivers EOSIO with the University of Geneva

Europechain is amongst the world’s first to teach blockchain technology at a global university. Europechain has delivered an advanced EOSIO course at the University of Geneva as part of its official Certificate of Advanced Studies (CAS) on blockchain and Distributed Ledger Technology (DLT). The EOSIS Blockchain is considered Blockchain 3.0 because of its zero transaction fees, TPS rates of 10,000 per second and fast scaling ability. The teaching of EOSIO at Geneva marks a further step in the adoption of blockchain as a new and vibrant digital technology.

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