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Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals
25.6.2024
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin...
Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months
24.6.2024
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half
Arbitrum daily revenue surges 16,500% after LayerZero’s ZRO launch
21.6.2024
LayerZero’s “not an airdrop” ZRO token airdrop has spurred a new peak for Arbitrum’s daily revenue
BNB Chain activates hard fork, reduces fees
20.6.2024
BNB Chain activates the Haber hard fork with BEP-336, introducing blob-carrying transactions to optimize data storage and processing
Bitcoin Runes racks up over 2500 BTC in fees under 2 months
17.6.2024
Runes-related transactions could extend a significant revenue boost for Bitcoin miners, after the 2024 halving
Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice
9.6.2024
Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving. The increase derived from a rise in onchain fees. However, by the following day, bitcoin...
Bitcoin network transaction fees temporarily soar to nearly $52
7.6.2024
The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning
Coinbase rolls out smart wallet with no gas fees and easy onboarding
5.6.2024
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto
Coinbase rolls out smart wallet with no gas fees and easy onboarding
5.6.2024
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto
SEC Closing Salt Lake Regional Office After Failed Legal Battle Against Crypto Firm
5.6.2024
The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will reduce the number of SEC regional offices from 11 to 10. The jurisdiction for Utah, previously held by SLRO...
Tezos Paris upgrade: Faster L2 transactions, lower Fees
5.6.2024
Tezos’ 16th upgrade is now live on the mainnet, reducing block finality times to just 10 seconds. This improvement aims to enhance layer-2 scalability in the future
Liquidators of South African BTC Scam Allocate Nearly 40% of Recovered Funds to Legal Fees and Taxes
4.6.2024
Out of the approximately $60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $34.3 million remains. Court documents reportedly state that liquidators have used the recovered funds to pay...
Uniswap Vote Delay Shows DeFi Stakeholders Aren't All in It Together
3.6.2024
The Uniswap Foundation keeps punting on a "fee switch" proposal that would give UNI governance token holders a cut of liquidity providers' revenue
Spot Ethereum ETF 'fee war' begins as Franklin Templeton discloses fees
1.6.2024
Franklin Templeton has started the spot Ethereum ETF "fee war" by being the first to announce its fees in an amended S-1 application, according to ETF analyst Eric Balchunas
May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements
31.5.2024
According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner...
Legal fees skyrocket in high-profile crypto bankruptcies
31.5.2024
High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
30.5.2024
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addressing Bitcoin scalability. As average onchain fees have...
Paxful Slashes Gift Card Fees by 80%, Volumes and Interest Surge
30.5.2024
Paxful, the peer-to-peer cryptocurrency platform, has announced a significant reduction in transaction fees for gift cards. The company has slashed its fees by 80%, from the industry standard of 5% to just 1%. This has already resulted in a surge in gift card volumes and trader interest according...
Ethereum Name Service Proposes Protocol Migration to Layer 2 to Reduce Gas Fees
29.5.2024
Domain naming system Ethereum Name Service (ENS) has proposed an ENSv2 upgrade migrating to Layer 2 to reduce gas fees and increase transaction speeds.
The post Ethereum Name Service Proposes Protocol Migration to Layer 2 to Reduce Gas Fees appeared first on Cryptonews
Judge dismisses Debt Box case, orders SEC to pay $1.8M in fees
28.5.2024
The civil lawsuit initially filed by the commission in 2023 ended on May 28, with a judge ordering the SEC to pay attorney and receivership fees