The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) that aims to decrease transaction…
Enterprise blockchain started to take shape in 2016, a time when companies like IBM began to leverage private networks for supply chain management. It was also during 2016 that author Don Tapscott wrote and published Blockchain Revolution, a book that examines the way that blockchain will transform a number of industries. Following the release of Blockchain Revolution, Tapscott — who…
Popular Metaverse token SAND catapulted into the top fifty cryptocurrencies by market capitalization yesterday at number 35, after growing 76% in the last 7 days, according to data from CoinMarketCap. SAND is the native utility token for an upcoming open-world blockchain game called The Sandbox, and it has been rallying for a whole month now; it even weathered a marketwide…
Earlier this week, Adidas hinted that it was getting into the metaverse. “Probably nothing,” tweeted the sportswear brand enigmatically when announcing a partnership with Coinbase. That nothing is now something, and that something looks like a partnership with one of the largest NFT brands around, the Bored Ape Yacht Club. The BAYC Twitter account tweeted a picture of an ape…
Before I found bitcoin, I was investing heavily into real estate to achieve early retirement and build generational wealth. When I found bitcoin and understood its value and future implications on the world, I knew that bitcoin would be the best asset I could ever buy to maximize the amount of time I could have with my family. From a…
Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs. Ethereum-Based Investment Product Trade Volumes Increase Every month Cryptocompare publishes a research report that covers…
In brief Omicron is up 137% in the last 24 hours. The token is backed by a basket of assets, including USDC. It’s a fork of DeFi project OlympusDAO. Markets may have crashed after Omicron, a new coronavirus “variant of concern”, emerged earlier this week and started spreading to a country near you. But. Sigh. That didn’t, urgh, stop one…
Illustration by Mitchell Preffer for Decrypt A week can often feel like a lifetime on Crypto Twitter, a place where a cacophony of voices vie to bury each other in a sea of complaints, announcements and controversial ideas. Lucky for you, Decrypt is on hand to roll up all the notable Crypto Twitter happenings into one bite-sized missive. The first…
Visa got itself a fancy new Twitter avatar this August, and even though it didn’t stay up for long, the 8-bit-styled picture of a visibly unamused woman with a stylish mohawk still made dozens of headlines. It was not just about the relatively hefty price tag of $150,000. The mere fact that the financial giant bought a nonfungible token (NFT)…
Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available. Demand for First Crypto Stamp Overwhelms Swiss Post’s Online Store Swiss Post announced the “crypto…
