Bitcoin (BTC) Miners Reach $1 Billion in Fees

2019-10-31 18:03

The accounting for block transaction fees has built up to $1 billion over the years, with most rewards accrued recently.

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billion fees years accrued built rewards transaction

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Coinbase generated more operating profit from transaction fees than VC money

Coinbase, one of the largest cryptocurrency exchanges in the U. S. , has generated nearly $2 billion from transaction fees alone since its launch in 2012, CEO Brian Armstrong said. In an interview with Vanity Fair, Armstrong said the exchange generated more operating profit than all of the venture capital money it raised throughout the years.

2019-10-25 19:54


Coinbase Made Almost $2 Billion on Transaction Trading Fees in Revenue Since Starting Exchange

Coinbase CEO Brian Armstrong affirmed at a Vanity Fair summit in Los Angeles that the trade has been beneficial since the year 2017. He additionally spoke about the fact that Coinbase has produced about $2 billion in way of transaction fees since its launch in 2012. He further stated that, “I think over the next […]

2019-10-24 18:30


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Bitcoin network about to charge its billionth-dollar in transaction fees

The Bitcoin network is approaching its billionth dollar charged in cumulative transaction fees—a threshold due to be broken nearly 10 years after the creation of the original cryptocurrency. The revelation came in a tweet Tuesday by Nic Carter, who expects the network will surpass $1 billion in total cumulative fees this fall based on data […] The post Bitcoin network about to charge its billionth-dollar in transaction fees appeared first on CryptoSlate.

2019-7-31 12:51


За перевод биткоинов на сумму $1,26 млрд. Binance заплатила $124

Ведущая по объемам торгов биткоин-биржа Binance переместила биткоины на сумму $1,26 млрд. При этом комиссия составила всего $124,6. Таким наблюдением в своем Twitter-аккаунте поделилось рейтинговое агентство Weiss Ratings.

2019-6-3 20:17


Binance переместила биткоины на $1,26 млрд. Комиссия составила $124

Ведущая по объемам торгов биткоин-биржа Binance переместила биткоины на сумму $1,26 млрд. При этом комиссия составила всего $124,6. Таким наблюдением в своем Twitter-аккаунте поделилось рейтинговое агентство Weiss Ratings.

2019-6-3 19:19


High Bitcoin Fees? Binance Just Moved $550 Million for $5 Bucks

Bitcoin’s benefits over fiat unexpectedly hit the spotlight again May 31 after cryptocurrency exchange Binance generated a giant transaction while moving funds. Bitcoin Moves Half A Billion In Minutes Data from Whale Alerts, which monitors transactions on cryptocurrency blockchains, initially worried commentators after showing a series of transactions worth over $500 million.

2019-5-31 22:00


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Report: Huobi Overtakes Binance and OKEx in Commission Earnings

Cryptocurrency exchange Huobi has reportedly raked in a total of $483 million in commissions throughout 2018, more that the top two exchange by volume Binance and OKEx.   Half a Billion in Trading Fees According to a recent report by Korean media Sporbiz, China-based cryptocurrency exchange Huobi has raked in a total of $483 million USD in commissions throughout 2018.

2019-1-25 00:00


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.

2019-1-23 00:57


ZenSports to Create Decentralised Sports Betting Marketplace for Anyone to Create and Accept Bets

Sports betting is a $120 billion industry, but in countries such as the U.S., where sports betting is popular, it’s likely to grow to $300-$400 billion in five years. At the moment, though, there are three major problems impacting online sports betting: outdated payment systems, resulting in high fees, delays, and potential fraud; limited types […] The post ZenSports to Create Decentralised Sports Betting Marketplace for Anyone to Create and Accept Bets appeared first on Coinjournal.

2018-11-28 20:05


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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round

Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.

2018-10-31 20:51