Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier

Average Ethereum transaction fees reached $10.33 on Tuesday.

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Bitcoin fees increase as hash rate hits new high

Average transaction fees and hash rates are surging, even as BTC/USD holds above $11k...

The post Bitcoin fees increase as hash rate hits new high appeared first on Coin Journal.

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Top 3 CashBack Crypto Services to Watch

Who doesn’t love rewards and rebates? The cashback concept appeals to pretty much everyone and goes some way towards assuaging the guilt that tends to follow an indulgent spending spree. Earning a modest percentage of your transaction value back in the form of in-store credits, discounts or cashback is a fixture of the modern commerce experience, with new schemes even granting rewards in cryptocurrency.

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LocalBitcoins Show Strong Transaction Volume Despite The Recent Regulatory Clampdowns

Bitcoin peer-to-peer decentralized marketplace, LocalBitcoins, has continued to maintain steady volumes despite the change in policies around the world that now require the user to complete a KYC procedure and even banned cash transactions.

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Bitcoin halving: Even if 50% of miners shut operation, 'network is still secured'

The King coin's network is maintained by transaction fees and there are two scenarios here - Either the fees have to go up or the block space or the capacity for transactions has to increase. BitcoThe post Bitcoin halving: Even if 50% of miners shut operation, 'network is still secured' appeared first on AMBCrypto.

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From 1 Cent to 1 Billion Dollars: Sending Money was Never This Easy

Enormous transactions are always real jaw droppers. However, they tend to take a lot of time to process, contain enormous fees and a lot of paperwork. Thanks to cryptocurrencies, this is now a piece of cake! A Transaction of 1 Billion Dollars Even when owning it, one does not simply send one billion US dollars […]

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A transaction of more than half a billion dollars cost the sender only 26 cents

On Wednesday, April 1, a transaction for 100,000 BTC appeared on the bitcoin network. The estimated payment amount exceeded $ 600 million dollars, but the size of the commission paid did not even reach $ 1, and this is not a joke.

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Ontology, Enjin, BNB price: Will these altcoins maintain their current supports?

Altcoins are different from each other in terms of their transaction speed, scalability levels and even their ranking, however, right now, all of them are trending downwards. Binance Coin which was ofThe post Ontology, Enjin, BNB price: Will these altcoins maintain their current supports? appeared first on AMBCrypto.

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Neither Bitcoin Nor Gold; Is Cash the Only Safe Haven During A Panic?

Bitcoin had its worst sell-off in 7 years as it dropped to $3,850 and even lower at $3,600 on BitMEX that resulted in only 44% of Unspent transaction output (UTXOs) in profit. Bitcoin’s market value to realized value (MVRV) has also fallen below 1 while Net unrealized profit/loss (NUPL) has dipped into capitulation. Bitcoin and […]

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Ripple Moves Over 178 Mln XRP to Bitstamp with 6 Mln Transferred Later

XRPL Monitor spots a large XRP transaction from Ripple to the Bitstamp exchange, even though the recent Ripple report says it has reduced XRP sales

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UTXO analysis reveals 4M BTC hasn’t moved since 2015

The latest IntoTheBlock research found that unspent transaction outputs (UTXOs) are a fantastic indicator of a coin’s buying/selling pressure. Diving deeper into Bitcoin‘s UTXOs revealed that almost 4 million coins have been held for over 5 years, showing that even the most violent price swings didn’t force most investors to run.

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Why digital gold is even better than the real thing

Welcome to the era of digital asset-backed tokens Over the past few years, there has been an explosion in demand for cashless digital payments. Global transaction volumes have grown by 11.2% duringThe post Why digital gold is even better than the real thing appeared first on AMBCrypto.

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Hard Problems in Cryptocurrency: Five Years Later

Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity.

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Crypto Prices, Network Activities Not Necessarily Related: Research

Blockchains are entirely transparent when it comes to their daily or even hourly activity. One of the theories for the source of a crypto token’s price discovery is the “network value”, or the transactions carried.

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Chainalysis Launches Investigative Software For ERC-20 Tokens

Chainalysis, a service exploring the Ethereum network, has opened a compliance tool ahead of the upcoming stricter requirements for digital asset transfers. So far, Chainalysis has been skilled at tracking ERC-20 tokens when moved from hacked accounts.

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After Ponzi Collapses, Ethereum Fees Fall Under $0.01 Again

Over the past few months, an odd trend has been seen: the Ethereum blockchain itself has started to gain traction, even as ETH’s price fell, with there being a large uptick in transaction volumes and...

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In-person meatspace protocol to prove unconditional possession of a private key

Recommended pre-reading: https://ethresear. ch/t/minimal-anti-collusion-infrastructure/5413 Alice slowly walks down the old, dusty stairs of the building into the basement. She thinks wistfully of the old days, when quadratic-voting in the World Collective Market was a much simpler process of linking her public key to a twitter account and opening up metamask to start firing off votes.

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The Dawn of Hybrid Layer 2 Protocols

Special thanks to the Plasma Group team for review and feedback Current approaches to layer 2 scaling - basically, Plasma and state channels - are increasingly moving from theory to practice, but at the same time it is becoming easier to see the inherent challenges in treating these techniques as a fully fledged scaling solution for Ethereum.

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The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory

The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan.

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Blockstream Releases New c-lightning Software Update to Help Scale Bitcoin’s Lightning Network

Bitcoin developers and engineers are continually making improvements to solve critical issues such as scalability and transaction costs. As a result of that, innovations such as SegWit, Lightning Network, and Atomic Multi-Path Payments over Lightning are already in place.

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SmartX Technology: Decentralized Social Entertainment Blockchain

One of the developmental challenges for industrialization and blockchain technology is the issue of transaction speed. Even though some blockchain networks expand purely based on block size increase, the method is not desirable.

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Cornell Professor Reopens Scaling Debate With Bitcoin Critique

One of the known security vulnerabilities in cryptocurrency is the human being and his or her capacity for foolish acts. If a transaction hasn’t cleared at least once on any blockchain, including Bitcoin, it’s not secure.

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In A Bull Flag, Ripple (XRP) Prices Suppressed InSpite Of MoneyGram

Ripple (XRP) up 6. 7 percent from last week’s close MoneyGram partnership is bullish for XRP Not to be overshadowed and confirming previous rumors, Ripple’s injection of $50 million in MoneyGram is strategic.

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PSA: Set your Venmo transactions to private right now

A new research study has found that Venmo continues to make it easy for third-parties to scrape users’ public transaction history without their permission. Dan Salmon, a computer science student at Minnesota State University, has published a new data set of over seven million Venmo transactions on GitHub collected over a six month period.

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Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

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Top 4 Reasons why Monero’s CLSAG is a Pretty big Deal

A lot of improvements can be made when it comes to the current cryptocurrency projects on the market. Every single project is far from as streamlined as it could be. For Monero, there are new development son the horizon which might help reduce transaction sizes and fees even further.

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Watchtowers Are Coming to Lightning

“The Eye of Sauron casts its gaze upon the Lightning Network. ”This is how Lightning Labs CTO Olaoluwa Osuntokun (aka, roasbeef) has heralded the coming of Watchtowers to the Lightning Network.

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BitMEX reveals testing of SegWit implementation amidst high transaction rate fees on the exchange

Bitcoin’s [BTC] transaction rate fees have been one of the most debated issues over the last few years, with some even categorizing it as a hurdle to Bitcoin’s accessibility to general users.

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This website turns Bitcoin blockchain activity into ASMR

Holding cryptocurrency can be exhilarating, yet absolutely depressing. Luckily, a website automatically transmogrifies Bitcoin activity into soft, soothing sounds to help you relax through its ups-and-downs.

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4 Reasons why Tokenizing Ethereum Gas Makes Perfect Sense

Ethereum is one of the more interesting blockchain and cryptocurrencies ecosystems next to Bitcoin. Even so, there are genuine concerns over its capabilities to scale or reduce overall transaction costs.

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Despite Idling Trading Volume, Daily Transaction Count For Tether Reaches All-Time High Levels

Even With Idling Transaction Volume, Daily Transaction Count For Tether Reaches All-Time High Levels Mati Greenspan comments on the changing transaction counts for Tether, despite the unchanging volume.

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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies

On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.

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Not Even Binance Is Safe: 7000 BTC Hack Highlights Risk of Exchange Wallets

There exist slamming reports after slamming reports of hackers stealing billions from exchanges, yet users still opt for convenience over security. Maybe now that powerhouse Binance has become the latest target of a 7000 BTC hack, users will finally wake up.

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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report

Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network.

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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings

Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.

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Bitcoin [BTC]: Crippling transaction fees poses a threat to crypto-investments

Bitcoin [BTC] is currently maneuvering a market controlled by the bears, and has been consolidating its losses since a sudden collapse on April 25. The largest digital asset even tested the $4,900 level prior to the forced correction, which recovered its value and pushed the coin’s price above $5,000 and $5,300 resistance levels.

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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

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BNB Not Replacing ETH As EY Concludes Plans to Release its Zero-Knowledge Proof Transaction Protocol On The Public Ethereum network

One of the most important features of any project being worked on for the cryptocurrency industry is security. All related firms including manufacturing companies, exchange firms and even the makers of the cryptos themselves are always looking for new ways to not only make transactions as cheap as possible but also to ensure privacy and […] The post BNB Not Replacing ETH As EY Concludes Plans to Release its Zero-Knowledge Proof Transaction Protocol On The Public Ethereum network appeared first on ZyCrypto.

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Adamant Capital: BTC Price Bottom Is Likely In, Accumulation Phase Has Begun

Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.

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Who Will Win in the Race for Processing Speed: Command Chain Protocol vs The Lightning Network

There was one issue with Bitcoin when it was first proposed in 2008 by Satoshi Nakamoto:  it couldn’t scale. Ten years later and Bitcoin has the same scalability problem. Throughout its existence, it hasn’t managed to go beyond processing more than seven transactions per second; which was enough in the beginning.

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Breez Wants to Make the Lightning Network More User Friendly

New announcements around Bitcoin’s Lightning Network have been coming almost nonstop lately, with new exchanges, wallets and other services popping up seemingly every day.

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Infographic: A Map of Bitcoin Forks

This infographic provides a schematic overview of the main Bitcoin-related “forks” that can happen and shows the most important forks that have happened. It does not provide an overview of all forks that have happened.

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The Importance of a Privacy Coin and Their Real-life Application in the Crypto Space

The adoption of privacy coins is seriously on the rise even with a lot of contentions by major players in the cryptosphere. The anonymity level of some cryptocurrencies is under question as it is possible to trace transactions profiled on the public ledger “Blockchain”.

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CoolWallet S Review: An ‘Everyday’ Wallet for Crypto?

The CoolWallet S, made by CoolBit X, combines hot and cold storage solutions, blending the mobility afforded by software wallets with the enhanced security features offered by hardware wallets.

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Prospects of Bitcoin ETF Approval Lowered by Bitwise Findings

Bitcoin Price stable but under pressure Bitwise research concludes that 95 percent of exchanges’ volumes fake Transaction volumes shrink after Mar 21 It’s a sequel of damaging news. Days after SEC revealed the public’s apprehension of Bitcoin ETF approval; Bitwise report confirms what Jay Clayton isn’t comfortable with: Exchanges’ manipulation.

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Hold Bitcoin (BTC), Billionaire Recommends Even as Coin Demand Wane

Bitcoin prices likely to crumble Chinese billionaire recommends hodling Transaction volumes low averaging 6k. Although Bitcoin is on an uptrend, it may correct in days ahead as sellers of Feb 24 flow back pouring cold water on bulls’ effort.

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Ripple (XRP) CTO: Existing Security Laws Vague, Hinders Development

Ripple prices stable below 34 cents Security laws relating to blockchain still fuzzy says, David Schwartz Transaction volumes shrinking as prices consolidate David Schwartz, the CTO of Ripple Inc, believes that existing security laws are vague and are therefore a hindrance.

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The 4 Cents Channel Stalling Ripple (XRP) Advancement

Ripple price stable and ranging Partnership with Forte is beneficial for XRP because of ILP integration Transaction volumes up averaging 25 million Even with CoinBase listing and plans of venturing into the multi-billion gaming industry via Forte, Ripple (XRP) prices are flat.

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Ripple (XRP) See-Saws, Bulls Flowing In, 40 Cents Possible

Ripple prices up, could print above 40 cents Binance’s Trust Wallet offer XRP support Transaction volumes likely to increase as XRP close above 40 cents Binance will continue supporting Ripple (XRP) as long as it is a utility.

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