Ethereum Fees Highest Since May as NFT Craze Continues

Ethereum Fees Highest Since May as NFT Craze Continues

The fees required to make transactions over the Ethereum (ETH) network have surged to levels not seen since the crypto markets peaked in May this year, as a new wave of non-fungible token (NFT) trading congests the network. As of Tuesday this week, the average Ethereum transaction fee was at USD 17.45 (7-day simple moving average), up 123.5% from USD 7.81 at the beginning of the month. The

Industry 2021-08-18 17:55
Rammstein Frontman’s NFT Sale is Unauthorized, Says Historic Russian Museum

Rammstein Frontman’s NFT Sale is Unauthorized, Says Historic Russian Museum

Till Lindemann, the frontman of German metal band Rammstein, is selling non-fungible tokens (NFTs) featuring digital art from his recent video that was shot in the famous Hermitage Museum in Sankt Petersburg, Russia. However, the museum has now come forward to say that this sale is unauthorized, and that it violates the agreement that allowed Lindemann to shoot on the location.

Industry 2021-08-18 09:00
Alibaba launches NFT marketplace for copyright trading

Alibaba launches NFT marketplace for copyright trading

Alibaba has launched a new marketplace allowing trademark holders to sell NFT representing licenses to their copyright.

News 2021-08-17 14:54
Crystal Pro Aims to Become the first Crypto-based Platform in Indonesia Streamlining Business Operat

Crystal Pro Aims to Become the first Crypto-based Platform in Indonesia Streamlining Business Operat

Cryptocurrencies are universally acceptable, the company chose to be with the Binance innovative chain network and Decentralized Finance. This chain charges lower transaction fees than most other chains, plus they have high transaction speed.

News 2021-08-16 22:32
Crystal Pro Aims to Become the first Crypto-based Platform in Indonesia Streamlining Business Operat

Crystal Pro Aims to Become the first Crypto-based Platform in Indonesia Streamlining Business Operat

Cryptocurrencies are universally acceptable, the company chose to be with the Binance innovative chain network and Decentralized Finance. This chain charges lower transaction fees than most other chains, plus they have high transaction speed.

News 2021-08-16 22:32
Solana Soars to All-Time High, Enters Top 10, as NFT Project Launches

Solana Soars to All-Time High, Enters Top 10, as NFT Project Launches

The price of SOL, the native token of the Solana smart contract platform, reached a new all-time high today, as a new non-fungible token (NFT) project launched on the blockchain - and per one source, it has entered the top 10 coins by market capitalization.

Industry 2021-08-16 20:25
CyberKongz' mass monkey minting burns $4M in Ether in 5 hours

CyberKongz' mass monkey minting burns $4M in Ether in 5 hours

The NFT monkey minting frenzy has caused gas prices to skyrocket again.

News 2021-08-16 13:16
Non-Fungible Penguins Are Taking Over the NFT Scene

Non-Fungible Penguins Are Taking Over the NFT Scene

They're penguins, they're cute, they're non-fungible tokens (NFTs) - and they're ready to take thousands of your coins or millions of your dollars.

Industry 2021-08-14 03:00
Fitch Warns Spezialfonds & Crypto Market, US Inflation Eases + More News

Fitch Warns Spezialfonds & Crypto Market, US Inflation Eases + More News

The volatile nature of crypto markets will present particular challenges to fund managers that include cryptoassets in Germany’s Spezialfonds that are now allowed to invest up to 20% of their portfolios in crypto, major rating firm Fitch Ratings said.

Industry 2021-08-12 00:03
Alipay Adds Cooldown Feature on NFTs to Curb Speculation

Alipay Adds Cooldown Feature on NFTs to Curb Speculation

China's second most-popular payments app doesn't want users to engage in speculation with NFTs.

News 2021-08-11 21:56

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