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Ethereum Transaction Fees Hit Record Highs As Ether, DeFi Coins Soar

Ethereum Transaction Fees Hit Record Highs As Ether, DeFi Coins Soar

The average Ethereum transaction fee has passed $20 for the first time.

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Bitcoin an ‘Emerging Competitor’ to Gold, Says CME’s Chief Economist

Blu Putnam said gold’s ongoing production, likely to increase this year, contrasts with bitcoin’s fixed supply.

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Elon Musk removes bitcoin from his Twitter bio, endorses Dogecoin

Tesla CEO Elon Musk has removed bitcoin from his Twitter bio, which he added last week.

The post Elon Musk removes bitcoin from his Twitter bio, endorses Dogecoin appeared first on The Block.

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Myanmar Military Blocks Facebook as Global Internet Disruptions Intensify

Internet disruptions are costly, but that doesn’t stop governments from shutting down access.

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NFT marketplace Rarible raises $1.75 million in seed funding round

Popular non-fungible token (NFT) marketplace Rarible has raised $1.75 million in a seed round, the team behind the platform announced Wednesday. 

The post NFT marketplace Rarible raises $1.75 million in seed funding round appeared first on The Block.

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Saylor, MicroStrategy Offer Playbook for Corporate Bitcoin Adoption at Annual Summit

Saylor and his MicroStrategists front-ran corporate bitcoin what-abouters at the firm’s detail-heavy annual conference.

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PayPal is investing in a new business unit focused on crypto and digital currencies

It’s PayPal earnings day, and the firm has released new details about its cryptocurrency plans.

The post PayPal is investing in a new business unit focused on crypto and digital currencies appeared first on The Block.

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Taproot Update: Bitcoin Users Home In on Activation Plan, Date Still TBD

The meeting ended with rough consensus in favor of BIP8 (false), as well as with approval of two possible methods to put this BIP into motion.

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Morgan Stanley’s head of digital assets details how the bank’s crypto footprint has evolved

Andrew Peel, Morgan Stanley’s head of digital assets, broke down the bank’s crypto ambitions during a recent podcast appearance.

The post Morgan Stanley’s head of digital assets details how the bank’s crypto footprint has evolved appeared first on The Block.

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China’s Central Bank Is Partnering With SWIFT on a New Joint Venture

It’s unclear what the new group’s mission will be, though People’s Bank of China employees working on its digital currency efforts will be involved.

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