Bitcoin Network Fees Surge Amid High Transaction Volumes

As an analyst with extensive experience in the cryptocurrency market, I find the current situation of the Bitcoin network quite concerning. The sharp increase in transaction fees and the congested state of the network, as reported by Wu Blockchain, is a clear indication of underlying issues within the system. As an analyst, I’ve noticed a … Read more

OKX’s Program Testing Spike Bitcoin Network Fees

As an experienced web3 and crypto analyst, I find the recent spike in transaction fees on the Bitcoin network concerning. The average fee surging to over $50 per transfer is a significant disruption to the usual fee landscape of the network. The fact that over $400,000 in fees were required to generate a single block … Read more

dWallet Integrates Aptos to Unlocks Multi-Chain DeFi and Gaming

As a researcher with a background in blockchain technology and cryptography, I am particularly intrigued by the recent announcement of dWallet Network’s integration with the Aptos blockchain. This partnership holds immense potential for bridging the gap between new decentralized finance (DeFi) and gaming applications and traditional blockchain networks. The dWallet Network has revealed that it … Read more

OKX’s Program Testing Spike Bitcoin Transaction Fees

As a long-term crypto investor with experience in the Bitcoin network, I cannot help but express my concern over the recent spike in transaction fees instigated by OKX. This sudden increase, reaching an average of $52 per transfer and even requiring over $400,000 in fees for a single block at one point, is far from … Read more

DeFi TVL Reaches 192B in May Amid Decline in Active Wallets

As a seasoned analyst with extensive experience in the blockchain and cryptocurrency space, I find the recent surge in Total Value Locked (TVL) in Decentralized Finance (DeFi) applications to be an intriguing development. The TVL reaching $192 billion in May, the highest since February 2022, is a clear indication of growing investor interest and confidence … Read more