Polygon leads in EVM efficiency as DeFi users favor low transaction costs
Polygon leads in EVM efficiency as DeFi users favor low transaction costsDeFi activity analysis finds side chain solutions like Polygon more cost-effective, although Ethereum secures most transaction fees.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. α Weekly ResearchPolygon leads in EVM efficiency as DeFi users favor low transaction costsDeFi activity analysis finds side chain solutions like Polygon more cost-effective, although Ethereum secures most transaction fees. High Bitcoin fees push active addresses down to 3-year lowA surge in Bitcoin fees post-halving challenges its role in everyday transactions. α Top Insights
More α ResearchBitcoin Runes made up 57.7% of transactions on halving dayRunes accounted for over half of Bitcoin's transactions on halving day, highlighting their significant yet controversial market impact. Bitcoin transaction fees surge to make up 75% of miner revenue post-halvingBitcoin's fourth halving drastically shifted miner revenue towards transaction fees, showing a potential future reliance on fees for blockchain sustainability. Stablecoin distribution reveals liquidity patterns in DeFiUnderstanding stablecoin distribution helps predict trends and bottlenecks in DeFi liquidity. |
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Polkadot community backs SnowBridge for seamless Ethereum integration
Saturday, April 27, 2024
The SnowBridge proposal has enjoyed unanimous community support and could go live in 28 days. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Investor exodus from Bitcoin ETFs as BlackRock and Fidelity see significant outflows
Friday, April 26, 2024
BlackRock see back-to-back zero flows as Fidelity's FBTC records first outflow. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock’s historic 71-day streak ends as IBIT Bitcoin ETF sees zero inflows
Thursday, April 25, 2024
Fidelity and Ark only ETFs to record inflows as Bitcoin ETFs begin to cool off. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
April 30 set for historic launch of Bitcoin and Ethereum ETFs in Hong Kong
Wednesday, April 24, 2024
Competitive fee structures revealed for new Bitcoin and Ethereum ETFs in Hong Kong. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Robert F. Kennedy, Jr. wants to put US budget on blockchain for 24/7 transparency
Tuesday, April 23, 2024
The public could inspect government spending 24/7 under the plan. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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StanChart warns of further downside for Bitcoin over the weekend akin to August 2024
Saturday, March 1, 2025
Standard Chartered sees parallels to past Bitcoin sell-offs amid volatile weekend projections. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Babylon Launches Airdrop Registration, Berachain Initiates Phase One of Governance, and Me…
Saturday, March 1, 2025
In the recent theft incident of Bybit, hackers laundered money by exchanging ETH for BTC through THORChain, bringing huge trading volume and fees to THORChain. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin pullback could be set up for $370k bull run price target
Friday, February 28, 2025
Bitcoin's 27% slide raises prospects for rebound, aligns with historical cycle patterns. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: SEC Terminates Lawsuits Against Multiple Crypto Companies, Bitcoin Drops Below $80,000, OKX S…
Friday, February 28, 2025
On Friday, OKX market data revealed that BTC fell below $80000, reaching a low of $78258, with the current price at $80514, reflecting a 24-hour decline of 7.22%. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
FBI confirms North Korea-backed Lazarus hackers stole $1.5 billion from Bybit
Thursday, February 27, 2025
FBI tracks Ethereum laundering spree by North Korean hackers amid rising threat of cyber warfare in the crypto world. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Interview with MicroStrategy Founder Michael Saylor: The Company Holding the Most Bitcoin in the World
Thursday, February 27, 2025
In this interview, Colin from WuBlockchain had an in-depth discussion with MicroStrategy founder Michael Saylor about the company's ongoing Bitcoin acquisition strategy, the growing adoption of
Abu Dhabi Invests $436.9M In Bitcoin ETF
Thursday, February 27, 2025
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📈 BTC’s realised price (average acquisition price) reached an all-time high of $43,000; State of Wisconsin Invest…
Thursday, February 27, 2025
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HashKey Exchange's Interpretation of the Hong Kong SFC Virtual Asset Roadmap
Thursday, February 27, 2025
We are pleased to see the Hong Kong government release the forward-looking and pragmatic “ASPI-Re” roadmap for advancing the virtual asset industry. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Argentina’s stock market plummets amid President Javier Milei’s LIBRA memecoin scandal
Thursday, February 27, 2025
Argentina's economic landscape shaken as Milei's LIBRA endorsement turns into multi-billion dollar fiasco. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏