Day: August 4, 2021

SEC’s Peirce Takes “Liberty-Loving” Perspective after Gensler Calls for Tighter Crypto Regulation

SEC Commissioner Hester Peirce is taking a “liberty-loving perspective” when it comes to cryptocurrency and DeFi, contrasting with statements by the agency’s chairman on Tuesday.  For Peirce, who joined a panel hosted by The Defiant and DeFi Watch on Aug. 4, if users are voluntarily deciding to trust the code over a company then they …

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ethgas

The Math Behind a Deflationary ETH After EIP-1559

There’s a bullish case for ETH, and it’s being defined by terms such as ultrasound money, triple-halving, and deflationary asset.  Ethereum’s London hard fork is set to execute on August 5 and the included EIP-1559 upgrade has been hailed by many as a game changer for the world’s second largest cryptocurrency. Because the upgrade sets …

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What Will Change for Users and Developers After EIP-1559

Ethereum’s London hard fork upgrade, one of the biggest changes to the world’s most active blockchain, is slated to go into effect tomorrow August 5. With anticipation building about its effect on ETH and gas prices, here’s what users should expect. First and foremost, if you have ever been confused by Ethereum gas fees in …

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Here’s How EIP-1559 Changes the Economics of Ethereum

Defiers may be a disparate, opinionated bunch but there is one thing we can all agree on — Ethereum gas prices are a real drag.  Just look at what’s happened over the past few months. Gas prices have ping-ponged all over the place, turning off users from doing all the cool things Ethereum was designed …

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Ethereum Price Rallies in Lead Up to EIP-1559

The price of Ethereum’s Ether has been rallying in the lead-up to the EIP-1559 upgrade. ETH crossed $2,500 for the first time since June 16 over the weekend — that’s a 47% increase from $1.7K on June 22, the lowest since hitting an all-time high above $4.3K on May 12. Analysts and traders speculate Ethereum’s …

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