Tron Outperforms Ethereum in Revenue Over Past 90 Days
According to DeFi Llama, the Tron network generated $1.31 million in network revenue in the last 24 hours alone. Over the past 90 days, the Tron network has outpaced the Ethereum network in revenue, generating approximately $435 million in fees compared to Ethereum’s $364 million, according to data from Token Terminal. Tron Surpasses Ethereum in […]
Vitalik Buterin Offers Charity $500K in Animal-Themed Coins
Vitalik Buterin encourages the community to donate memecoin token funds directly to charities. Ethereum co-founder Vitalik Buterin recently disclosed that he donated all the animal-themed memecoins he received last year to a charity dedicated to animal welfare. On August 15, Buterin announced on X that he had completed the process of donating these animal coins […]
Ethereum L2 Ecosystem Records Daily ATH of 12.4M Transactions
The layer-2 scaling ecosystem of Ethereum has recently achieved a new daily transaction all-time high (ATH) of $12.42 million. Ethereum L2 As per the data from Growthepie, an Ethereum layer-2 block space analytics platform, the aggregated daily transactions within the scaling ecosystem reached a record high of $12.42 million on August 12. Leon Waidmann, the […]
NFT Sales Reach $95.42M, Ethereum Leads Amid Declining Market Participation
NFT sales rose 6.29% to $95.42M, led by Ethereum with $32.46M, while Bitcoin-based NFTs fell 10.03%. Non-fungible token (NFT) sales increased by 6.29% from the previous week between August 3 and August 10, 2024, reaching a total of $95.42 million. Nevertheless, the NFT market experienced a significant decrease in the number of participants, with purchasers […]
NY Fed Says Tornado Cash Sanctions Effective, Eth As Weak
Cooperation with the US Treasury sanctions on Tornado Cash was most effective at the user level and less effective as it moved through the settlement chain. Tornado Cash , the crypto aggregator blocklisted by the United States Treasury Department in 2022, has been the subject of a report by the Federal Reserve Bank of New […]