Ethereum News
‘Smart Money’ Is Staking ETH on Rocket Pool and Selling ENS, Nansen Data Suggests
For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform.
An Ape Ain’t Free: In Defense of Ethereum’s Fees
Pick your poison: low fees on a chain that could collapse when transaction demand outstrips blockspace (Solana), or unpredictable, sometimes very high fees on a stable chain (Ethereum).
Solana Goes Dark For 7 Hours as Bots Swarm 'Candy Machine' NFT Minting Tool
The Solana network went dark Saturday night after bots swarmed the NFT mining tool Candy Machine, resulting in an unprecedented amount of traffic on the proof-of-stake chain. “The Hash" group discusses the native SOL token’s price reaction to the incident, as well as issues with scaling blockchains and Solana’s ambition as an “Ethereum-killer.”
BAYC Metaverse Land Sale Fetches $285M But Investors Paid $176M in Gas Fees Alone
Yuga Labs debuted its long-awaited Bored Ape Yacht Club metaverse project “Otherside,” generating roughly $285 million in digital land sales, but the Ethereum-based project created some of the highest gas fees in the network’s history – costing investors over $176 million.
Warren Buffett and Charlie Munger Blast Bitcoin, but They Are Wrong
During Berkshire Hathaway’s annual shareholder meeting, investment tycoons Warren Buffett and Charlie Munger shared some controversial opinions on bitcoin, with Munger describing the digital asset as “stupid” and “evil.” “The Hash” group discusses Buffett’s long-standing history of opposition towards BTC and why Ethereum might have more appeal to him.
Riding the NFT Wave in the Music Industry
Cordell Broadus aka "Champ Medici," NFT entrepreneur and Snoop Dogg's son, joins "Community Crypto" to share insights into his father's NFT ventures and why his latest project runs on Cardano over Ethereum. Plus, rapper Jim Jones and Disrupt Art CEO Rob Richardson on the Badazz Bears NFT collection.
Highlights From Crypto Bahamas Conference
CoinDesk's Zack Seward, Tracy Wang and Danny Nelson share their key takeaways from this year’s Crypto Bahamas conference, highlighting the participation of Wall Street players. The panel discusses which projects are more represented than others, noting that there seems to be more presence of Solana and Avalanche developers and projects than those involved in Ethereum.
Layer 2, Decentralized Exchanges Show Strong Growth on Ethereum in Q1 2022
However, the average daily active addresses increased nominally, implying most growth came from existing users.
Gate Ventures on Track to Close $200M Crypto Fund by Q3
The VC arm of Gate.io will invest in layer 1 and layer 2 protocols that can help build an open internet.
