Cryptocurrency Market

  • Market Cap: $2,399,169,394,324.12
  • 24h Vol: $53,361,005,239.12
  • BTC Dominance: 56.62%

Arbitrum

ethereum-network’s-rising-gas-fees-in-2023:-a-balancing-act-of-growth-and-cost

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As the demand for Ethereum’s capabilities continues to soar, […]

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arbitrum-based-vest-exchange-emerges,-aims-to-democratize-perpetual-futures 

Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures 

A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big

Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual Futures  Read More »

ethereum-gas-fees-spike-as-eth-value-rises:-average-onchain-fees-jump-by-more-than-50%

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93 per transfer, but today the average

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50% Read More »

combined-transactions-on-arbitrum-and-optimism-l2-chains-outpace-ethereum’s-daily-transfer-count 

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count 

Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for the same day. Rise of

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count  Read More »

smart-contract-platform-tokens-see-double-digit-gains,-boosting-defi-tvl-above-$40-billion

Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion

Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January 9, 2023, and most have seen double-digit gains over

Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion Read More »

unreported-transactions-linked-to-disgraced-ftx-co-founder-revealed-by-onchain-investigation

Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation

According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of the transactions took place on Dec. 28, there was some recent activity in the first

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