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U.Today – Single (BTC) transactions have attracted a lot of attention due to the size of their gas fees. Blockchain analysis platform Whale Alert confirmed that a fee of 1.5 BTC was paid for each transaction. This fee is equivalent to $100,254 based on the current market value of top cryptocurrencies. This fee is significantly higher than the average transaction cost.This user paid this huge fee to have the transfer included in a regular Bitcoin block. Some of these transactions are recorded in the past. In September 2023, Bitcoin users paid 19 BTC in transaction fees. This was around the…

Dan Bergin Ethereum’s roadmap towards ERC-4337, past and future Read U.TODAY google news Ether developer Yoav Weiss said, share A few notes on the Ethereum account abstraction roadmap. In his post, Weiss provides a detailed overview of ERC-4337, how it came to be developed, and the Ether team's future plans.What is ERC-4337?The ERC-4337 standard enables smart contract crypto wallets on the Ethereum blockchain and improves the user experience in decentralized applications (dApps).This concept, introduced by the Ethereum team led by Vitalik Buterin, aims to move assets solely into smart contracts rather than externally owned accounts (EOAs).ERC-4337 introduces a “pseudo-transaction” object…

Venture capitalists poured billions of dollars into the digital asset industry in the first quarter of this year, new data from cryptocurrency insight firm Galaxy Research reveals. Galaxy Research said in a new article that venture capitalists invested $2.49 billion in cryptocurrencies in the first quarter of 2024, an increase of 29% quarter-on-quarter (QoQ). The analytics platform said the heavy investment in the first quarter of 2024 suggests that the fourth quarter of 2023 may have been the bottom of the market. “In the first quarter of 2024, venture capitalists invested $2.49 billion (up 29% QoQ) in crypto and blockchain-focused…

Venture capitalists poured billions of dollars into the digital asset industry in the first quarter of this year, new data from cryptocurrency insight firm Galaxy Research reveals. Galaxy Research said in a new article that venture capitalists invested $2.49 billion in cryptocurrencies in the first quarter of 2024, an increase of 29% quarter-on-quarter (QoQ). The analytics platform said the heavy investment in the first quarter of 2024 suggests that the fourth quarter of 2023 may have been the bottom of the market. “In the first quarter of 2024, venture capitalists invested $2.49 billion (up 29% QoQ) in crypto and blockchain-focused…

Ether developer Yoav Weiss shared some notes on Ethereum’s account abstraction roadmap.There's been a lot of talk lately about the path to full account abstraction. I wrote a note about what we've been building and how it will reach full AA. https://t.co/UYEM0e5QLX — yoav.eth (@yoavw) May 3, 2024In his post, Weiss provides a detailed overview of ERC-4337, how it came to be developed, and the Ether team's future plans.What is ERC-4337?The ERC-4337 standard enables smart contract crypto wallets on the Ethereum blockchain and improves the user experience in decentralized applications (dApps).This concept, introduced by the Ethereum team led by Vitalik…

Izmir, Turkey – January 12, 2018 Ethereum coin with other crypto coins shot on black background in studio close up Wednesday, ETH, the native coin Ethereum Blockchain experienced significant rejection at the $2,871 resistance level. Since this rejection, Ethereum's price has risen significantly by over 9% and is showing signs of further upside. At the time of writing, price is still showing strong signs of rising towards the 100-day simple moving average (SMA) and trendline on both the 4-hour and 1-day time frames. ETH price is currently trading around $3,116 and has increased about 0.47% in the past 24 hours.…

According to a report from Bloomberg, Alexander Vinnik, the Russian who ran the virtual currency exchange BTC-e, pleaded guilty in the United States on May 3 to charges of money laundering conspiracy.BTC-e was one of the world's largest cryptocurrency exchanges from 2011 to 2017. According to prosecutors, BTC-e processed $9 billion worth of transactions and had a customer base of more than 1 million people worldwide.Prosecutors added that BTC-e was used by cybercriminals to transfer, launder and store criminal proceeds from illegal activities. This includes proceeds from hacking, ransomware, and drug distribution.Vinick operated the exchange until his arrest and BTC-e…

Arthur HayesThe co-founder and former CEO of BitMEX recently said: Current Bitcoin price trend. He said the flagship cryptocurrency has hit a local low and predicted what its future trajectory will be. Hayes says Bitcoin has bottomed out In a recent blog post, Hayes said mentioned That Bitcoin hit a local low when it fell below Approximately $58,600 Early this week. As such, he does not expect the leading cryptocurrency to fall below that price range again anytime soon. Instead, he said, Bitcoin will rise above $60,000 (which it has already done) and “then remain range-bound between $60,000 and $70,000…

Alexander Vinnik, co-founder of now-defunct cryptocurrency exchange BTC-e, has admitted to conspiracy to commit money laundering, marking a major breakthrough in a years-long legal battle. Mr. Vinik's guilty plea comes in the wake of a wide-ranging investigation that uncovered extensive misconduct at the exchange between 2011 and 2017. BTC-e: Money laundering pipeline In a May 3 press release, the U.S. Department of Justice (DoJ) said that when Vinnik was at the helm of BTC-e, the exchange processed more than $9 billion in trades and had over 1 million users. It was revealed that the company had amassed a global user…

Tomiwavoldo Olajide Charles Hoskinson surprised many by expressing interest in Bitcoin Cash (BCH) Read U.TODAY google news In an unexpected turn of events in the crypto community, the founder of Cardano recently expressed interest in Bitcoin Cash (BCH), a derivative of Bitcoin.This unexpected development has sparked speculation and curiosity among crypto enthusiasts as the Cardano founder's attention has turned to other crypto projects.Charles Hoskinson, the visionary behind Cardano, surprised many when he announced his interest in Bitcoin Cash (BCH) on social media.In a tweet, Hoskinson expressed interest in the Bitcoin Cash roadmap, explained what's going on in the developer community,…