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Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...
Unity Apologizes For Controversial Changes, Walks Back Some
22.9.2023
In an open letter published on Friday, Unity’s president and general manager Marc Whitten apologized for the controversial changes announced on September 12 and announced that it was walking back some of the worst changes, including charging install fees for previously published games.Read more
Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low
22.9.2023
ETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency
High Gas Fees Alert: Binance Wallet Records $840,000 in Abnormal Ethereum Charges
22.9.2023
The Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.”
While the Ethereum network's average gas fee hovered around 10 gwei, Binance’s transactions consistently paid...
Binance wallet spends almost $1M in ETH gas fees in one day
21.9.2023
Binance reportedly said that they were doing a wallet aggregation process to ensure the safety of user funds
OnlyFans, Patreon models turn to Web3 amid payment and censorship fears
21.9.2023
Patreon creators had difficulties getting paid in August, while OnlyFans once tried to ban porn on the platform, forcing creators to look at alternatives, including Web3
Cøbra Can't Fight $700K Craig Wright Legal Fees as an Anon, UK Judge Rules Again
19.9.2023
The pseudonymous Bitcoin.org operator lost an appeal on a November ruling that said he cannot challenge legal fees from the self-proclaimed Bitcoin inventor while remaining anonymous
JPEX hikes withdrawal fees and freezes Earn program operations
18.9.2023
JPEX, a cryptocurrency exchange, has decided to suspend the Earn program on its platform for the time being. This resulted from the company’s admission of an existing liquidity issue, for which it accused third-party market makers of blocking the company’s funds in a malicious manner....
Bitcoin Miner Returns 19.8 BTC in Fees After Paxos Claims Payment Mistake
16.9.2023
According to an X post, a cryptocurrency mining pool, F2Pool, has returned the mistakenly transferred transaction fee of 19.8 BTC made by Paxos, a Financial infrastructure firm.
It started on September 10, when a transaction fee of $510,000 was paid to a miner on block 807,057 for a transaction...
3 key Ethereum price metrics suggest that ETH is gearing up for volatility
15.9.2023
Network, futures and user data all point toward Ethereum potentially charting a new course
Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia
15.9.2023
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: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia
Miner returns over $500k in BTC transaction fee overpayment to Paxos
15.9.2023
Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15
Bitcoin miner mulls refunding 20 BTC reward to Paxos
14.9.2023
Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.”
Paxos confirms it's responsible for $500K mistaken Bitcoin transaction
13.9.2023
The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated
Unity Bosses Sold Stock Ahead Of Scummy Dev Fees Announcement
13.9.2023
Yesterday, the cross-platform game engine company Unity announced a controversial new Runtime Fee, which would charge developers per installation for games built with the Unity engine after those games reached a certain threshold. Everyone disliked that, and Unity’s stock prices took a pretty...
Crypto Blunder: User Accidentally Pays $500,000 in Fees for a $200 Bitcoin Transfer
12.9.2023
A Bitcoin (BTC) user paid around $500,000 in transaction fees to send just $200 of BTC last weekend, setting a new record in Bitcoin transaction fees.
The transaction, made on September 10 at 5.10 PM UTC, was sent from a well-experienced Bitcoin user, which many believe must be either an exchange...
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
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,...
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
Lawyers Have Raked In At Least $700 Million From Major Crypto Implosions: New York Times Report
5.9.2023
Lawyers, accountants, and consultants make up professionals who have raked in over $700 million in fees following the collapse of several digital asset firms last year.
A new report by the New York Times shows how the unfortunate crypto incidents have led to an unexpected “financial bonanza”...