Ethereum Validators Make Case For Another Epic Gas Limit Hike
About 15% of Ethereum validators are signaling support for an increase in the gas limit in the blockchain to help in the processing of more data by each block.
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
About 15% of Ethereum validators are signaling support for an increase in the gas limit in the blockchain to help in the processing of more data by each block.
AAVE is challenging a key resistance zone with eyes on a potential breakout toward $400, drawing strong interest from whales.
Metaplanet’s Bitcoin strategist emphasized the firm’s commitment to BTC as a core economic unit rather than a hedge.
21Shares HODL ETP just became one of the most cost-effective crypto index products available in the market.
Michael Saylor has called proof-of-reserves a risky move, arguing it may jeopardize security rather than ensure transparency.
India’s crypto industry is actively lobbying for reduced taxes, citing the Trump administration’s crypto-friendly measures as a precedent.
Sam Bankman-Fried may serve only 21 years of the 25-year jail sentence given by New York District Judge Lewis Kaplan due to good conduct.
Air Arabia now lets travelers book flights using AE coin, a UAE-regulated stablecoin backed by the dirham
Strategy Inc. has boosted its Bitcoin holdings to 580,250 BTC with a $427 million purchase, a bet that has not saved MSTR from dropping in early trading.
XRP has struggled to break the $2.4 resistance, with over 70% of its realized market cap concentrated in late 2024 to early 2025.
A crypto investor has lost $2.6 million worth of stablecoins in double zero-value transfer scams.
XRP records its most significant outflows this month, ending an 80-week inflow streak, pushing Solana ahead of the coin.
Monero (XMR) has officially entered the top 25 cryptocurrencies by market capitalization, overtaking Litecoin and Toncoin.
Uniswap (UNI) jumped 12% to $6.55 after a dormant whale returned following a three-year break, placing a $3.97 million bet that’s already in profit.
Bitcoin and the broader crypto market rebounded after US President Donald Trump postponed the proposed 50% tariff on European imports to July 9.