The Brief Crypto News - Sep 3 2020 Ep.15

By LeaderIcarus | Brief Crypto News | 3 Sep 2020


Greetings everyone

 

and welcome to the new Brief Crypto News. This is LeaderIcarus and it os Spe 3, 2020, 06:00 UTC. Every Ethereum user knows by now, that is really costly to make even a simple transaction or a Uniswap changing, and many Dapps will be affected. As the Ethereum 2.0 is a long way until its completion, surely developers need to do something to lower the gas fees on the network.

 

Ethereum Classic 51% attack

  • The network has suffered another 51% attack on August 29.
  • Developers have proposed several changes to undergo, but this needs time.
  • This was the fourth attack.

Ethereum Fees Hits New All-Time High

  • Gas fees for a transaction require about 450gwei.
  • Simple transactions need about $3 to $5.
  • Token transactions need about $15-$18
  • Interacting with decentralized finances (DeFi) costs from $32 to $55
  • Prices are for the time of the press.

Market Overview

  • Market cap at $&379.5
  • Market dominance has decreased for bitcoin at 55.03% and Etereum's increased at 12.89%
  • DeFi total value locked has reached $9.34 billion.
  • Uniswap ($1.77B), Maker ($1.57B), and Aave ($1.48B) are the top three in total locked value.

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LeaderIcarus
LeaderIcarus

Writing is my Art. Apprentice in the crypto world, slowly, but steady steps towards Trading and Technical Analysis. Everything I say, i have already try it!


Brief Crypto News
Brief Crypto News

News from the Crypto Space (markets, partnerships, DEX, CEX, block-chain, DeFi, and NFT), but also the traditional market, that affects the crypto world.

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