Ethereum

If you have a glimpse of what's happening in the crypto-verse, you must or should have noticed that the crypto world is rapidly growing, and new, better options are introduced in the markets every other day.  It started with Bitcoin as the flagship crypto; thousands of new crypto assets have joined the market since then. Believe it or not, some crypto projects have even become exceptional investment prospects. But, at the same time, not all projects are fertile to investors.…

Largest cryptocurrency exchange by trade volume Binance has suspended Ether (ETH) and other ERC-20 tokens, following the Ethereum network’s congestion. “#Binance has temporarily suspended withdrawals of $ETH and Ethereum-based tokens to address a congestion issue,” Binance noted in an announcement shared on Twitter today. However, the exchange assured users that their funds are safe while it waits for the issue to be resolved. Users Accuse Binance Of Having Hidden Agenda Binance users have taken to the popular microblogging platform to…

Binance native token BNB price reaches new heights and has just dethroned Tether to become the 3rd biggest cryptocurrency based on market cap. This surge in price is thanks to the rise of Binance Smart Chain (BSC) and other protocols of its ecosystem, such as PancakeSwap.  Binance Coin (BNB) Breaks All-time High Binance ecosystem utility token Binance Coin (BNB) has experienced a massive increase in price in recent weeks. In today's early hours, BNB set a new all-time high of…

As cryptocurrencies continue to gain widespread adoption globally, the Swiss canton of Zug has officially rolled out the option that enables taxpayers, including citizens and local businesses, to pay taxes in bitcoin (BTC) or ether (ETH).  As announced yesterday, the initiative was born out of a partnership with local crypto broker Bitcoin Suisse, with the firm chosen to facilitate all crypto tax payments for the city.  Bitcoin Suisse will be in-charge of converting all crypto tax payments to Swiss francs…

The crypto market is in the bullish zone led by the two largest cryptocurrencies, Bitcoin and Ethereum. The leading cryptocurrencies have hit new all-time highs in the last 24 hours, and this has caused a ripple effect in the market.  Bitcoin And Ethereum Hit All-time Highs Bitcoin has continued to make rapid gains in recent weeks, buoyed by recent institutional adoption. In the past two weeks, the leading cryptocurrency has made 30% gains from $38k and recently crossed the $50k…

Bitcoin Billionaire Chamath Palihapitiya has revealed that NFT's (Non-Fungible Tokens) is the next frontier for cryptocurrencies. NFT's wave has been building for a while, and it appears to have a supporter in the Palihapitiya.  Next Frontier Of Cryptocurrencies  Chamath Palihapitiya made his opinion known in an interview with Bloomberg on Friday. The well known Bitcoin advocate was asked to reveal which other coin he holds apart from BTC.  Surprisingly, Palihapitiya revealed that he is building a sizable portfolio of non-fungible…

Launched only six months ago, Binance Smart Chain has already managed to overtake Ethereum in the number of transactions processed. Could this be the sign of significant competition for the leading smart contracts network?  Daily Transactions Surges Past Ethereum’s  Binance Smart Chain achieved the feat of processing more daily transactions than Ethereum yesterday. Changpeng Zhao, CEO of Binance, revealed this feat on Twitter, comparing the Smart to Ethereum. “Today is an important day. Binance Smart Chain has overtaken Ethereum in…

Ethereum 2.0 launched on December 1, 2020, the start of Ethereum's upgrade away from its current, limiting mining consensus method. Ethereum chose to move towards Proof of Stake consensus to remove the challenges surrounding the mining of crypto assets, including scalability, huge costs, and network centralization. The new network is in its infancy, and as such, staking is present quite a technical task. To broaden participation to all those who wish to help secure the network, non-custodial platforms must help…

Liquid Global has temporarily suspended the withdrawals of ERC-20 tokens and Ether due to rising GAS fees. The Japan-based crypto exchange notified its users of the development via a tweet today. It further explained that the exchange planned to resume withdrawal services once GAS fees returned to normal.  Rising Gas Fees Costs a Major Concern  Ethereum gas fee costs constitute a significant concern for many stakeholders within the ethereum ecosystem. Ethereum has been plagued with rising gas fees on its…