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Join Our Telegram channel to stay up to date on breaking news coverage Censorious MEV-Boost relays, notably Flashbots, are producing an increasing number of Ethereum blocks. If the MEV organization truly cares about Ethereum, it might think about ceasing operations so that developers can put a long-term fix in place. 51% of blocks are threatened with censorship The MEV censorship issue in Ethereum is getting worse by the hour. MEV Watch reports that 51% of yesterday’s Ethereum blocks were created by so-called “OFAC compliant” MEV-Boost relays, which are relays that have publicly announced their intention to censor future transactions via Tornado Cash or other protocols targeted by the U.S. Treasury. Arbitrage opportunities discovered by rearranging transactions within a block while it is being produced are referred as as MEV, or “Maximum Extractable Value.” For on-chain merchants and validators, Flashbots and other MEV-Boost relays essentially ac...

The third quarter was not very favorable for Avalanche . As highlighted in a recent article, the total revenue dropped by 94.1%, following a decline in daily transactions by 65.5% and a 76.2% drop in transaction fees. Read More – Avalanche : Q3 Total Revenue dips by 94%, Ava Labs drama to be blamed? Nevertheless, the network has been focused on building for the long term. Notably, Avalanche will be undergoing a network upgrade at the beginning of next week, justifying the said narrative. Dubbed Banff, the upgrade was activated on the Fuji testnet on October 3. The mainnet upgrade will, however, take place on the 18th. The said reform intends to add support for creating Proof-of-Stake Subnets. Top exchanges like Binance have already extended their support for the said upgrade. AVAX Price On the price front, AVAX has been on a downtrend since mid-September. From trading around $22, the price of the #18th ranked token has dropped down to $16. However, it is currently at ...