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OpenSea empowers on-chain enforcement of new NFT creator fees
7.11.2022
The year 2018 brought a new space for artists to flourish financially. Non-fungible tokens proved to be an effective way to reach out to everyone across the globe and sell a digital piece of art. However, it experienced a drawback regarding creators’ fees or royalties. OpenSea has resolved...
OpenSea launches new "on-chain" tool to enforce NFT royalties
7.11.2022
Royalty enforcement tool only applies to new NFT collections at this stage, with a decision to be made on existing collections at a later date
How to transfer $1 billion for basically free: Bitcoin whale watching
4.11.2022
At just 15 sats/vByte, a Bitcoin user is demonstrating just how cheap it is to send vast sums of money across the internet
Why the battle for low or no transaction fees really matters
27.10.2022
High transaction fees stand in the way of crypto achieving its full potential and being embraced by the masses — but it is possible to make transfers for free
How not to Bitcoin: User pays 1,000x fee to send 4 BTC
24.10.2022
What could have inspired a Bitcoin user to overpay by 1,000 times the asking price to move roughly $63,000 in Bitcoin?
USDC adoption is lagging outside of the United States: Coinbase
21.10.2022
The exchange stated the stablecoin is purchased at three times the rate with U.S. dollars as compared to other fiat currencies
Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program
20.10.2022
Nubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage...
Coinbase Waives Fees for Converting Between USDC and Fiat, Eyeing Global Audience
20.10.2022
Coinbase is pushing to get its USDC stablecoin into the international market
Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
20.10.2022
Web3 security firm Supremacy highlighted Etherscan transaction history that showed the hacker(s) were able to swipe 204 ETH in gas fees so far, worth roughly $259,800
Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event
19.10.2022
TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development...
Users upset that Binance's wrong crypto network retrieval fees have soared to 500 BUSD
18.10.2022
A few months prior, wrong network retrieval fees costed around 0.001 BTC on Binance
Blockchain Shardeum Raises $18.2M to Tackle Slow Traffic, High Fees
18.10.2022
The EVM-based sharded layer 1 blockchain can expand transactions per second infinitely depending on traffic demand
Bankrupt Crypto Lender Celsius Pays More Than $3 Million in Legal Fees
17.10.2022
The bankrupt crypto lender Celsius (CEL) has so far paid out more than $3m in legal fees, with one law firm alone responsible for the vast majority of the expense for just two weeks of work.
The total figure of over $3m was made up of close to $2.6m charged by law firm Kirkland and Ellis for work...
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country
13.10.2022
Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the nation’s legislature. Lawmakers also want to make sure crypto companies pay their taxes and fees. Parliament...
Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer
11.10.2022
26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75...
Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing
11.10.2022
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,”...
L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum
8.10.2022
Vitaly Yakovlev is CTO at DeFi platform ZKX.__________
This article will explain how ZK-Rollups technology has the potential to revolutionize decentralized finance (DeFi), address common problems in the landscape, and make a case for future derivatives trading. ...
Read More: L2 Wars:...
Binance burns $1.8M in LUNC trading fees following community proposal
3.10.2022
According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
2.10.2022
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...
Uzbekistan Introduces Monthly Fees for Crypto Companies Effective Immediately
30.9.2022
The new regulations also require crypto custody platforms, mining pools and individual miners to pay monthly fees to the government