‘ethburned.info’ Report Shows More Than 200,000 Ethereum Burned by EIP-1559
The Ethereum blockchain is burning up According to the latest available data, the amount of Ethereum destroyed by EIP-1559, a recently deployed update that burns transaction fees that were previously paid to miners, has topped 200,000 ETH (equivalent to around $675 million at the prices at which it was burned). According to ethburned.info, a total […]
Mike McGlone says Bitcoin is a global reserve asset on its way to $100K
The digital assets market, which is dominated by Bitcoin and Ethereum, is expected to reach new highs following a major correction, according to an updated report from Bloomberg. Billion-dollar Bitcoin (BTC) is still on the table, according to Bloomberg’s senior commodity strategist Mike McGlone, who believes that the first-born cryptocurrency is well positioned to replace […]
Solana CEO Explains Why We’re Not in a Crypto Bubble
“We’re maybe at the phase where email started working on the internet” Yakovenko remarked, comparing the crypto adoption curve to earlier technologies. Cryptocurrency prices, from Bitcoin to BNB, are rising again. The market capitalization of cryptocurrency has grown from $1.2 trillion on July 19 to $2.4 trillion today. Solana, an Ethereum competitor chain that offers […]
Charles Hoskinson Believes Cryptocurrency Can Help Save Afghanistan
Cryptocurrencies, according to Ethereum co-founder Charles Hoskinson, would be used to help the Afghan people in times of need. A CNBC interview with Hoskinson , who is also the founder of Cardano, the third-largest digital asset by market capitalization, was broadcast on Tuesday. He stated that cryptocurrency might be used as a tool to fight […]
DeFi Protocol from Kyber Network is now available on Binance Smart Chain
Kyber Network’s multi-chain technology, which was previously introduced on Ethereum and Polygon, is now available on Binance Smart Chain. Kyber Network , a liquidity platform for decentralized finance (DeFi), has launched its KyberDMM protocol on Binance Smart Chain (BSC). DeFi is a common moniker for a set of blockchain protocols designed to deliver financial products […]