Category: Ethereum

Ethereum fees are skyrocketing — But traders have alternatives

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With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time, marking a brand-new all-time high. All this action may be bullish
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WETH10 turbocharges the flash loan concept

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A team has released WETH10, the latest iteration of the Wrapped Ether token that allows using Ether (ETH) in a DeFi setting. WETH10 carries a host of useful features, the most notable of which is the flash mint, an evolution of the flash loan concept. Flash loans allow users to borrow the entire liquidity pool of
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Major Ethereum gas fee overhaul EIP-1559 scheduled for July

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A hotly awaited upgrade to the Ethereum network that may result in ETH becoming a deflationary asset is now scheduled for the “London” hard fork in July.  Ethereum lead developer Tim Beiko previously teased that the decision would be made today two weeks ago, and proposed the inclusion on the Core Developers call today. There
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PAID Network exploiter nets $3 million in infinite mint attack

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Paid Network, a DeFi platform aimed at real-world businesses, has been exploited today in an “infinite mint” attack that has sent PAID token prices plunging upwards of 85%. While the exploit netted nearly $180 million in PAID tokens at the time of the attack — what would have comfortably been the largest exploit of a
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Investors in Top Crypto Asset Chainlink Can Now Earn Interest on Their Holdings

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Crypto lending platform BlockFi is now offering interest payments to investors who deposit Chainlink (LINK). Currently, BlockFi offers interest on Bitcoin, Ethereum and stablecoins. According to CEO and co-founder Zac Prince, $35 million worth of interest payments were distributed to investors in February alone. BlockFi announced on Twitter the service is being extended to Chainlink.
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Crypto Trader Lark Davis Warns Ethereum in Big Trouble – Here’s What Could Solve Its Scaling Issues

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Crypto trader Lark Davis says the need for long-awaited Ethereum (ETH) scaling solutions is hitting a tipping point. The influencer and crypto advocate says the skyrocketing fees are making the leading smart contract platform practically unusable for many. “The situation has become so bad that Ethereum has essentially become a blockchain for wealthy users, and
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Retail Goliath Rakuten Now Allows Users To Pay With Bitcoin, Ethereum and Bitcoin Cash

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Japanese e-commerce titan Rakuten is now allowing customers to pay with Bitcoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH). In a new announcement, the retail giant reveals it’s integrating the company’s crypto exchange subsidiary with their Rakuten Pay app. The integration will allow customers to seamlessly convert their crypto into Rakuten Cash tokens which can
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