Crypto billionaire Vitalik Buterin has suggested a new short-term solution to curb soaring gas prices on the Ethereum network. The solution involves a new network upgrade that reduces the transaction calldata cost as well as limits the total transaction call data in a single block. Surging gas fee prices on Ethereum have constantly plagued the network where investors have been … [Read more...] about Ethereum founder Vitalik Buterin proposes fix for high gas fees
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UST Stablecoin Demand, DeFi Incentives Drive Terra’s LUNA to New All-Time High
MarketsFollowing a network upgrade in October, it’s the second time this month LUNA has logged record highs.By Muyao ShenNov 30, 2021 at 4:42 p.m. UTCUpdated Nov 30, 2021 at 4:50 p.m. UTCPrices for LUNA hit another record high in November. (Annie Spratt/Unsplash) Source link … [Read more...] about UST Stablecoin Demand, DeFi Incentives Drive Terra’s LUNA to New All-Time High
Vladimir Putin says cryptocurrencies ‘bear high risks’
On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism at the "Russian Calling" investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph:"It is not backed by anything, [and] the volatility is colossal, so the risks are very high. We also believe that we need to … [Read more...] about Vladimir Putin says cryptocurrencies ‘bear high risks’
Decentraland’s MANA Token Hits All-Time High After Sale of Virtual Real Estate
Tokens tied to the so-called metaverse, or shared virtual environments, have surged since October, when Facebook said it was changing its corporate name to Meta to signal an increasing focus on the sector. At the time, Decentraland’s market cap was just over $2 billion. Source link … [Read more...] about Decentraland’s MANA Token Hits All-Time High After Sale of Virtual Real Estate
BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs
BlockFi said in a Twitter post that the move will apply to ethereum, chainlink, PAXG, uniswap and BAT. As for bitcoin, litecoin and stablecoins, BlockFi noted that customers will continue receiving one free withdrawal per month. Additional withdrawals beyond that will incur fees that will vary by coin. Source link … [Read more...] about BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs