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NFT collection Milady exploited by developer stealing $1M in fees
12.9.2023
Milady NFT creator Charlotte Fang said that Remilia “easily identified” the individuals involved in the exploit and will start legal action
Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Million for Mocaverse Project, Unstoppable Domains Adds B2U Instant Messaging Feature
11.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Million for Mocaverse Project...
Is Ethereum Outshining Bitcoin in Terms of Fees? Crypto Voices Share Thoughts
10.9.2023
Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying drop in revenue. On the other hand, Ethereum,...
OKX Crypto Exchange and Circle Partner to Introduce Fee-Free USDC Transactions
9.9.2023
On September 7, global web3 technology leader OKX and fintech firm Circle Internet Financial unveiled USDC features on the OKX Wallet and the OKX DEX aggregator.
This partnership aims to facilitate gasless USDC transactions, eliminating network fees and enabling cross-chain USDC swaps across...
Binance Boosts Bitcoin, Ether Trading in Argentine, Brazilian, South African Currencies With Fee Promotion
7.9.2023
The crypto exchange's promotion comes as trading volumes plummet to four-year lows, hurting the revenue streams
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal
30.8.2023
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit
Ethereum Transaction Fees Fall To Levels Not Seen Since Late 2022
28.8.2023
Ethereum’s total daily transaction fees hit an eight-month low after it plunged to 1,719 ETH approximately $2.1 million on Aug 27.
The recent decline in total gas fees can be attributed to low network activity and the rise of layer 2 scaling solutions.
According to data from on-chain analytics...
Binance's zero-fee Bitcoin update could echo March downturn
24.8.2023
In an official statement, cryptocurrency exchange Binance unveiled its plans to implement updates to the zero-fee Bitcoin trading starting from September 7
Bitcoin’s Transaction Backlog Surges Past 400,000
20.8.2023
A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at $2.59 per transaction just two days later on August...
Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide
17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...
What is Bitcoin’s fee-to-reward ratio?
16.8.2023
The Bitcoin network’s fee-to-reward ratio refers to the proportion of the miner’s income coming from transaction fees compared to the total block reward
Dubai Offers Web3 and AI Firms A 90% License Fee Cut, Seeks To Host Largest Tech Firms In MENA
15.8.2023
Dubai has announced a 90% registration subsidy for web3 and Artificial Intelligence (AI) companies seeking operational licenses in the city as it seeks to create the largest pro-tech hub in the Middle East and North African Region (MENA).
Dubbed the Dubai AI and Web3 Campus, the city rolled out...
Bitdeer's losses widen in Q2 after one-time $33M listing fee, shares up 44%
11.8.2023
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10
Bitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%
11.8.2023
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10
Visa Eyes Mass Adoption of Crypto by Testing On-Chain Gas Fee Payment Through Fiat
11.8.2023
Visa says managing ether (ETH) balance to cover gas fees is “burdensome” and too complex, according to a blog post
“Right To Mine” Arkansas crypto law finding more rejection, attention turns to Borroe’s unique fee structure
10.8.2023
The state of Arkansas has recently garnered attention for its efforts to regulate Bitcoin mining through the proposed Arkansas Data Centers Act of 2023. While this bill aims to establish a framework for mining operations, it has not been without its challenges, encountering both approval...
Binance lists new zero trading fee stablecoin, halts shortly after on technical issues
26.7.2023
Ahead of the launch, Binance said it would offer zero maker fees for all FDUSD trading pairs
Orbiter Finance integrates Linea mainnet with zero trading fee
20.7.2023
Orbiter Finance recently announced the integration of Linea mainnet into the platform. The news was shared on the official Twitter account of Orbiter Finance. The tweet stated that Orbiter Finance had waived trading fees to celebrate the integration. Other than this, the platform is now allowing...
Santiment Indicates An ETH Rally As Transaction Fee Drops
12.7.2023
According to Santiment, Ethereum gas fees have experienced a notable decrease that could put ETH in a breakout range of $1,900.
This decline in transaction costs is a much-needed respite, especially considering the sudden fee surge observed earlier this month.
In the early days of July, users...
Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards
7.7.2023
As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take place between April 21 and 27, 2024, leading to...