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Day: August 11, 2024

cryptocurrency August 11, 2024

Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their agreement by unjustifiably liquidating 39,542.42 Bitcoins that were held as collateral for a loan issued in USDT. Celsius contends that […]

cryptocurrency August 11, 2024

Ethereum gas fees have plummeted to their lowest level in several years, driven by increasing transactions on the network’s layer-2 networks. Advertisements This significant drop has made on-chain transactions much cheaper for users and prompted discussions about their long-term effect on the network. Ethereum’s Gas Fee Reduction Leads to Supply Increase According to Etherscan data, […]