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Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...
Fireblocks Boosts Transaction Speed 800% With Free-to-Use Algorithm
13.5.2020
Fireblocks has developed an 800% faster algorithm for secure MPC transactions and made it free-to-use for custodians and vendors
2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment
13.5.2020
On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially....
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...
Average BTC Transaction Fees Increased 300% Days Before Halving
11.5.2020
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26
BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds
5.5.2020
Average fees paid by bitcoin users spike at a certain time every day due to the actions of one firm, derivatives exchange BitMEX, a researcher found
Stablecoins Push Ethereum’s Transaction Count to Highest Since July 2019
4.5.2020
Ethereum’s transaction counts have surged by 72% since mid-February
Roger Ver Claims His Bitcoin Transaction Fees Totaled $1,000 at Times
19.4.2020
Bitcoin Cash advocate, Roger Ver, claims he spent thousands of dollars on individual Bitcoin transaction costs in the past
Huobi’s New Crypto Transaction Monitor Will Automatically Freeze Suspicious Accounts
13.4.2020
Huobi Group has launched a new in-house transaction intelligence tool to snuff out illicit activity across its crypto exchanges
Bitfinex Made a $1.1 Billion BTC Transaction for only $0.68
13.4.2020
Over a billion dollars in Bitcoin was moved by crypto exchange Bitfinex on April 10, part of which replenished the company’s hot wallet
Network of Fake Bitcoin QR Code Generators Stole $45,000 in March
29.3.2020
The malicious QR code generators are hosted on the same servers as a network of “Bitcoin transaction accelerators” that have stolen 17.6 BTC
Transaction Speed and Profitability Are Linked in Crypto
16.3.2020
To gain profits in the crypto space, transaction speeds remain one of the most important characteristics for the industry
Coinbase Launches BTC Transaction Batching, Saving Users 50% on Fees
16.3.2020
Batching BTC transactions will save users 50% on fees, according to a blog post released by Coinbase on March 13
Crypto Networks Stress Tested During Bitcoin’s Wild Week
14.3.2020
Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have...
How to Track, Get and Set the Best Transaction Fees with Bitcoin and Bitcoin Cash
14.3.2020
Once set up with a bitcoin or bitcoin cash wallet and some coins, using and sending them is pretty easy. Part of this process involves paying a transaction fee, which is a small amount of coin included in a transaction incentivizing miners to work the tx into a block. Both BTC and BCH transactions...
Coinbase Moves to Cut Blockchain Load With Bitcoin Batching
13.3.2020
The San Francisco-based cryptocurrency exchange has started grouping multiple bitcoin transactions together to benefit both users and the blockchain
Alibaba Files for a Blockchain Transaction System in Brazil
11.3.2020
Alibaba Group has registered a new patent in Brazil to establish a transaction system based on blockchain
5 Crypto Cashback Solutions That Award You Satoshis to Shop
9.3.2020
Cashback is a popular ecommerce system that administers rewards and rebates for shopping. Every time you shop online, and in some cases in-store, you’ll earn up to 1% of the transaction value back. Traditionally administered in cash or rewards points, certain cashback schemes now dispense...
Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium
8.3.2020
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell...