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The decentralized social media platform, Friend.tech, has witnessed sharp transaction volume and fee income declines over the past week.  According to data provided by the analytics platform Dune, Friend.tech’s transaction volume dropped to $883,000 on Aug. 27. It is a…

Visa has been exploring ways to allow users to pay blockchain gas fees directly with a credit or debit card. Gas fees are required for transactions on blockchain networks like Ethereum (ETH). Traditionally, users needed to hold balances of native…

Coin Cafe, a cryptocurrency trading platform based in Brooklyn, has been ordered to reimburse its users a total of $4.3 million due to allegations of charging excessive and undisclosed fees for Bitcoin storage. Some users reportedly had their accounts completely drained as a result of these practices.

The number of ethereum (ETH) withdrawals from exchanges has constantly risen over the past week as the asset’s price plunges from local highs. According to data provided by crypto.news, the ETH price dropped by 3% in the past 24 hours.…

Ethereum dominates the world of blockchain fee generation, with reports indicating it has generated over $743 million in cumulative daily fees over the past six months, more than twice that of its nearest competitor. This underscores Ethereum's robust adoption and growth.

Coinbase has rolled out free fiat deposits and withdrawals via local bank transfers for its Singaporean customers. Users can now transfer funds to and from their Coinbase accounts via Standard Chartered bank at no extra cost. Coinbase crypto exchange has…

The activation of Lisk Core 3.0.0 Beta and the meeting of objectives of the Economics and Consensus phase officially launches the Betanet v4, Lisk in an update on Nov 12 said. Lisk is a smart contracting platform allowing users to build customized…

Miners running their business on and maintaining the Ethereum network boasted a record Thursday – as the day recorded the highest fees ever for miners on the Ethereum network due to the burgeoning DeFi market and the launch of Uniswap.…

A new layer-2 application running on Ethereum promises to bring scalability to the network, even touting “VISA level” transactional volume once deployed.  Addressing Ethereum Scalability Developed by Matter Labs, zkSync launched its beta product on the Ethereum mainnet on June…

The Bitcoin (BTC) network transfer fee has risen significantly over the past few days indicating an uptick in activity as the block reward halving draws closer. Meanwhile, other on-chain metrics like hash rate are also setting new highs, completely recovering…

On July 16, 2018, the average transaction fee of ether, the native cryptocurrency of Ethereum, surpassed that of bitcoin. But, it may be premature to conclude that ether is lagging behind bitcoin in scalability. JZay, a bitcoin researcher, and investor…

Bitcoin transaction fees are at their lowest level since 2011. The lower fees follow on from bitcoin fees rising as high as $50 per transaction at the end of 2017, a situation that did not have much economic viability. Consider…

Bitcoin knocks at its capacity limits. After the Mempool did not empty at the weekend for the first time, the traffic jam on the Blockchain might become a permanent state. Full capacity already bears weird results, like that you can…