Over $18.24 billion transacted on Cardano in a single day last week

Cardano’s silent rivalry with Ethereum seems to be gaining traction as the on-chain transaction volume seen on its blockchain almost doubles that of the network of the second largest crypto asset by market cap. Cardano’s on-chain transaction volume behind only that of BTC According to data from Messari, a leading crypto forensic platform, Cardano’s on-chain…

Binance Smart Chain sets record after 14.7 million daily transactions in one day

In previous times, Bitcoin and Ethereum blockchains dominated the landscape as most of the transactions on the space occurred through either of them; however, data from BscScan, an analytical tool used to measure the numbers of transactions alongside other metrics on Binance Smart Chain (BSC) has shown that its daily transaction almost hit 15 million,…

Bitcoin falls $6,000 in past day as crypto markets dump

After rallying to an all-time high of over $68,000 on November 10, the market cap of Bitcoin and the entire crypto industry rose to over $3 trillion too, marking a new ground for the nascent industry. However, within the space of 24 hours, all of those gains appear to have been eroded as the leading…

Ethereum (ETH) settled over $500 billion worth of transactions in Q3 2021

In signs of the continued growth of the crypto industry, Ethereum, the second-largest crypto asset by market cap settled over $500 billion worth of transactions in the third quarter of this year, representing a 389% increase from the same quarter last year. Ethereum stats rises this year According to the report released by Bankless Dao,…

Over $1 billion worth of Ethereum (ETH) now burned after EIP-1559 update

Nearly six weeks after the implementation of the highly hyped Ethereum London upgrade, a colossal amount of ETH has been burned on the network. $1 billion Ether burned Data from Watchtheburn confirmed this with figures, as it indicated that since the activation of London Hard Fork on August 5, over 297,000 ETH, worth more than…