Ethereum May Facilitate 50% of Global Financial Transactions in Next Decade: Pantera CIO

Pantera Capital’s co-Chief Investment Officer Joey Krug believes that Ethereum will play a central role in global finance in the next ten years. Krug made the comments in an interview with Bloomberg. Sponsored Sponsored The co-Chief Investment Officer of hedge fund Pantera Capital, Joey Krug, in an interview with Bloomberg, said that Ethereum would be … Read more

Next Big Ethereum Upgrade Could Reduce Layer 2 Gas Fees

A recent Ethereum Improvement Proposal (EIP) put forth by network co-founder Vitalik Buterin aims to address transaction costs, one of the network’s greatest drawbacks. Sponsored Sponsored Last month, Buterin put forward EIP-4488 which aims to decrease the transaction ‘calldata.’ This could provide some short-term respite from those galloping gas fees. The primary purpose of the … Read more

Vitalik Buterin Proposes Short-Term Fix for High L2 Gas Fees

Ethereum co-founder Vitalik Buterin has put forth a proposal with Ansgar Dietrichs, a software developer for Ethereum. The proposal, called EIP-4488, is proposed as a short-term solution to the escalating gas fees experienced on Layer 2. Sponsored Sponsored The EIP4488 modification was suggested three days ago on the Ethereum Improvement Proposal GitHub repository by Buterin … Read more

Crypto Billionaire Su Zhu ‘Abandons’ Ethereum Due to High Transaction Fees

Su Zhu, the chief executive officer of Singapore-based hedge fund Three Arrows Capital Ltd, said on Nov 21 that he has “abandoned” Ethereum due to high transaction fees, which have alienated new investors. Sponsored Sponsored “Yes, I have abandoned Ethereum despite supporting it in the past,” Zhu outlined in a scathing thread on Twitter. He … Read more

Ethereum Tops $4,740 in New All-Time High Rally

Ethereum prices have reached their highest-ever levels during the morning of Nov 8. ETH is currently trading up 3.6% on the day and has made more than 10% over the past week. Sponsored Sponsored The world’s second-largest cryptocurrency by market capitalization has hit an all-time high of $4,744 according to TradingView. Ethereum is now trading … Read more

Ethereum Settles Over $6T in Transactions in Past 12 Months

Ethereum settled over $6 trillion in transactions in the past 12 months, a 369% increase over 2020. $1.5 trillion worth of transactions were settled in Q3 alone. Sponsored Sponsored Ethereum is hitting new milestones by the week, it appears, as data from Messari shows that a staggering $6.2 trillion in transactions were recorded in the … Read more

Ethereum Gas Fees Stabilizing, But is This Better for Users?

It’s now been three weeks since the Ethereum London hard fork and the deployment of EIP-1559 and it appears that gas fees have become a little more predictable as intended. Sponsored Sponsored The London upgrade and EIP-1559 was deployed on Aug 5, changing the way transaction fees are calculated while burning a portion of them. … Read more

Ethereum EIP-1559 Upgrade Adopted 34x Faster than Bitcoin Segwit

The adoption of the latest Ethereum upgrade appears to have outpaced that of Bitcoin’s Segwit by multiple factors. Sponsored Sponsored It has been a little over three weeks since Ethereum’s London upgrade was deployed on Aug 5. In that short time, it has seen rapid adoption according to Yearn Finance developer “banteg.” In a tweet … Read more

Bitcoin Falls Behind in Terms of Network Fees and Usage

The amount of money generated in network fees is often considered an important indication of the usage of that network — and Bitcoin appears to be falling behind other blockchains. Sponsored Sponsored Network fees may be used as a measure of usage and demand on a system, and Bitcoin is dropping down the charts in … Read more

Ethereum Network Capacity Increases 9% Since London Upgrade

Since the Ethereum network was upgraded earlier this month, the average usage in terms of daily gas used has jumped by around 9%, and there are several reasons for this. Sponsored Sponsored Etherscan’s historical average daily gas used chart has shown a jump of around 9% since the London upgrade was deployed on Aug 5. … Read more