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Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed
15.1.2023
Polygon told Cointelegraph that the hard fork will take effect at block 38,189,056, which will be initiated without the influence of centralized actors
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees
7.1.2023
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy....
Celsius wants to extend the deadline for claims as lawyer fees mount
29.12.2022
Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate
Celsius wants to extend the deadline for claims as lawyer fees mount
29.12.2022
Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate
Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product
16.12.2022
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains —...
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days
10.12.2022
Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23...
Binance US eliminates trading fees for Ethereum
7.12.2022
This announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions
Crypto Exchange Binance.US Eliminates Trading Fees for Ether
7.12.2022
The exchange will also offer additional trading fee discounts to customers who pay their trading fees with BNB tokens
Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says
7.12.2022
Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng "CZ" Zhao said
NYDFS proposes regulation to assess costs of 'supervision and examination' for licensed crypto firms
1.12.2022
Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross
Coinbase claims Apple blocked wallet app release over gas fees
1.12.2022
The platform said Apple wanted Coinbase Wallet to disable NFT transactions, introducing “new policies to protect their profits at the expense of consumer investment in NFTs."
DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time
1.12.2022
GMX's technical indicator hints at a strong correction in December, which may push its price toward $40
Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023
1.12.2022
On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According to the Bitdao team, Mantle’s public testnet...
Perpetuals-Focused Decentralized Exchange GMX Surpasses Uniswap in Daily Fees Earned
30.11.2022
On Monday, GMX earned $1.15 million in trading fees, surpassing Uniswap's $1.06 million for the first time on record
FTX ordered to pay reimbursement fees to Bahamian regulators
22.11.2022
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12
Poloniex launches the lowest futures trading fees in the industry
15.11.2022
Global cryptocurrency exchange Poloniex has optimized the payment system for USDT-collateralized perpetual contracts to give buyers the lowest fees available. As of today, all customers who trade USDT-collateralized perpetual contracts on Poloniex will pay Maker and Taker fees of 0.01% and 0.04%...
FTX Has Made $34M in Trading Fees Since Recent FTT Token Burn Despite Withdrawal Freeze
10.11.2022
Cryptocurrency exchange FTX has made $34 million in trading fees since the last time it burned its native FTT token on Oct. 31
OpenSea to carry on charging creator fees for NFT collections
10.11.2022
OpenSea, the most successful NFT marketplace in terms of volume, has stated that it will continue to enforce creator fees on its platform for any collections that are already in existence. This signifies that the creators of NFT collections currently trading on OpenSea will be allowed to continue...
Ethereum Gas Fees Skyrocket 10x Amid On-Chain Panic – Here’s What You Need to Know
9.11.2022
Ethereum network fees skyrocketed tenfold to as much as 318 Gwei on November 8 with a simple transaction nearing the level of $10 at one point. This, paired with the ongoing crypto market crash, has triggered a decrease in the coin’s price to below the level of $1,200. The prices of other tokens...
Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants
8.11.2022
Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions