The Italian luxury fashion label Gucci has announced that it will begin accepting Dogecoin, Shiba Inu, and other cryptocurrencies as it looks to expand its presence in the crypto industry. Gucci Launches Crypto Acceptance Gucci, which has been on a Web3 adoption spree since 2022, launching two NFT collections, has announced that it will begin...
in Crypto For Layer-2 Transaction Fees to Be Truly Accepted, They Must Stay Under $0.05 – Vitalik Buterin
Vitalik Buterin, the co-founder of Ethereum, has noted that Layer-2 Ethereum transaction fees will only be “truly acceptable” if reduced to less than 5 cents. However, he stated progress is being made to make it happen. Layer 2 Ethereum Needs Fees to Be Under $0.05 Ryan Sean Adams, a popular Bankless podcaster, shared a screenshot...
Tron (TRX) coin spiked back to its five-month highs hours before the network’s stablecoin USDD launch planned for today. The crypto increased by more than 17 percent during the past 24 hours, jumping from $0.0755 to $0.089. The last time TRX appeared on such price level was mid of December 2022 when Tron was declining...
Harmony is a Proof-of-Stake blockchain with fast finality launched on Mainnet in June 2019 and is now surrounded by a vibrant and engaged community of over 500,000 active platform participants on familiar cross-chain DeFi ecosystems such as Sushi, Curve and Aave. Over the years, Harmony partnered up with hundreds of Web3 solutions and platforms. To...
Ethereum (ETH) had a very successful run in late 2021, but ETH is yet to see any significant breakthrough this year. The 2nd most established cryptocurrency had reached an all-time high above $4,800 on November 10th, 2021, but fell short of its $5K expectations having plummted to trade at $2,808.08 as of this writing. However,...
On April 30th, Yuga Labs, the creator of one of the most popular non-fungible token (NFT) collections – the ‘Bored Ape Yacht Club (BAYC)’ – launched land sales for its much-anticipated metaverse project, the ‘Otherside’. Yuga Labs Causes Major Spike in Ethereum Gas Fees Within 24 hours, Yuga Labs generated more than $561 million from...