gas prices

Ethereum posts new highs as DeFi gas fees go through the roof

Ethereum’s gas fees are again spiking to record highs, rendering many decentralized finance protocols unusable for casual investors. After increasing roughly 20% in the last 24 hours, average Ethereum transaction fees are now sitting at a record $17.67. With many DeFi projects requiring the execution of complex smart contracts, there are reports fees associated with …

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DMEX Integrates xDAI for Cheap Decentralized Perpetual Contracts With up to 100x Leverage and No KYC

<div class=”featured_image_container”> </div> PRESS RELEASE. In response to rising gas prices during the last weeks, <a href=”https://xdai.dmex.app/f/eth/?utm_source=btcn”>DMEX</a> has moved its trade processing to xDAI sidechain that allows for much cheaper transaction recording. Customer funds are still stored on an Ethereum smart contract, the trade recording, however, is now performed on xDAI. This change allows users …

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Inter-Blockchain Liquidity: Minting Synthetic Bitcoin Cash With the Ren Protocol

The decentralized finance (defi) ecosystem has matured quite a bit in 2020 and one project that’s seen some growth is the Ren Protocol. The application that allows people to access inter-blockchain liquidity for a number of defi applications. The following post is a step-by-step guide on how to leverage the Ren Protocol with Bitcoin Cash …

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