Bitcoin network transaction fees temporarily soar to nearly $52

The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning. дальше »

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OKX admits testing ‘collection program’ as Bitcoin fees skyrocket

OKX has acknowledged testing a new program on Bitcoin’s network, leading to the average transaction fee soaring to more than $50 per transfer. ,According to data from mempool.space, the average transasction fee on the Bitcoin network surged to as much… дальше »

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ORDI price soars as futures open interest surge and inscription fees decline

In recent weeks, Ordinals (ORDI), a BRC-20 token, has captured the attention of the cryptocurrency market with its remarkable performance and promising future prospects. ORDI has experienced a substantial price surge of 27% over the past week, breaking through the critical $50 resistance level and solidifying its position as a dominant altcoin. ORDI Futures Open […] дальше »

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Bitcoin mining difficulty sees second negative adjustment following April halving

Quick Take According to Newhedge, Bitcoin’s mining difficulty has decreased by -0. 78%. This is the second negative adjustment in the last four, following the Bitcoin halving on April 20. The halving led to a delayed hash rate drawdown due to sustained high fees from Runes, which incentivized some miners to stay online. дальше »

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SEC ‘exceeded’ authority on fee disclosures, US appeals court rules

A US appeals court has overturned an SEC rule mandating hedge funds and private equity firms to increase transparency on fees and expenses, stating the regulator exceeded its authority. The post SEC ‘exceeded’ authority on fee disclosures, US appeals court rules appeared first on Crypto Briefing. дальше »

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New Coinbase Smart Contract Wallet eliminates gas fees and recovery phrases

Coinbase has launched a Smart Contract Wallet with simpler onboarding and no gas fees. The smart contract wallet supports Ethereum, BNB, Polygon, and others for seamless transactions. Developers using the smart contract wallet can waive gas fees. дальше »

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Coinbase rolls out smart wallet with no gas fees and easy onboarding

Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto.

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Bankrupt FTX to Earn $800 Million from Anthropic Stake Sale

Bankrupt FTX's legal and administrative fees have escalated to $700 million, sparking discontent among creditors. The post Bankrupt FTX to Earn $800 Million from Anthropic Stake Sale appeared first on BeInCrypto. дальше »

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Surging Bitcoin fees post-halving highlight new revenue dynamics for miners

Onchain Highlights DEFINITION: Total transaction fess are the total amount of fees paid to miners. Issued (minted) coins are not included. Bitcoin’s total transaction fees surged notably earlier in 2024. дальше »

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Vitalik Buterin critiques Bitcoin’s block size war, calls for innovation

Vitalik Buterin, co-founder of Ethereum, has provided a detailed reflection on the Bitcoin block size wars, a significant conflict within the Bitcoin community that spanned from 2015 to 2017. This debate centered on whether to increase Bitcoin’s block size limit from 1 MB to accommodate more transactions, thereby reducing fees and enhancing its utility as […] The post Vitalik Buterin critiques Bitcoin’s block size war, calls for innovation appeared first on CryptoSlate. дальше »

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Symbiogenesis Expands on Arbitrum with New NFT Auction

Square Enix adopts Arbitrum for Symbiogenesis to reduce gas fees and enhance user experience, launching a new NFT auction with fast transactions and minimal costs. The post Symbiogenesis Expands on Arbitrum with New NFT Auction appeared first on NFT News Today. дальше »

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Why Bitcoin’s adoption of Ordinals and BRC-20 is saving it from irrelevance

Discover how Bitcoin's adoption of Ordinals and BRC-20 is contributing to its security and relevance, with over $160 million in miner fees. The post Why Bitcoin’s adoption of Ordinals and BRC-20 is saving it from irrelevance appeared first on Crypto Briefing. дальше »

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Video game giant Square Enix shifts to Arbitrum (ARB) to reduce gas fees

The video game firm behind Kingdom Hearts and Final Fantasy has confirmed that its upcoming NFT character mint for the Symbiogenesis game will happen on Arbitrum (ARB). The gaming giant will leverage Arbitrum’s capabilities to enhance user experience and reduce gas charges for minting NFTs of the story-centered blockchain game. Square Enix adopts Arbitrum for […] дальше »

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Binance: Bitcoin has a scalability issue, but there’s hope in solutions

Bitcoin’s ecosystem is changing due to new tech and high fees, demanding scalability solutions. Recent findings from Binance stress the pressing need to tackle Bitcoin’s scalability challenges. Bitcoin’s ecosystem is changing because of new technologies and rising transaction fees. It… дальше »

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Bitcoin Halving Post Mortem: Insights from Hashrate Index’s Q1-2024 Report

In Hashrate Index’s latest report, the team covers Q1-2024 data for the Bitcoin mining industry and examines the immediate impact of the Fourth Bitcoin Halving on hashprice, hashrate, transaction fees, and other data points. дальше »

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As Perpetual Futures Surpass $60 Trillion in Cumulative Trading Volume, Choise.ai Launches PerpeX

Recent research by Cornell University has revealed that the cumulative trading volume of perpetual futures contracts since 2020 has surpassed $60 trillion Perpetuals have a number of advantages over spot market cryptocurrencies, including lower fees and faster execution Choise. дальше »

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ENS Labs eyes Layer-2 migration for enhanced scalability and reduced fees

ENS Labs has announced ENSv2, a significant upgrade to the Ethereum Name Service involving a migration to a Layer 2 network. The proposed ENSv2 aims to improve scalability and reduce gas fees by shifting core functionalities from the Ethereum mainnet… дальше »

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Bitcoin Chosen As Treasury Reserve Asset By This Healthcare Firm Following $40M Purchase

In a bold move that has sent its stock price soaring, medical device company Semler Scientific Inc. has announced that it has allocated a significant portion of its cash reserves to Bitcoin (BTC).  According to Bloomberg, the San Jose, California-based firm purchased 581 Bitcoin for a total of $40 million, including fees and expenses. Semler […] дальше »

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Judge orders the U.S. SEC to pay $1.8M in Debt Box case dismissal

Judge dismisses U. S. SEC’s case against Debt Box, orders SEC to pay $1. 8 million in fees. The Ruling cites SEC’s bad faith conduct in obtaining asset freeze order. Debt Box calls the court’s decision a significant victory against regulatory overreach. дальше »

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SOL Price Hits Obstacle As Solana Community Votes To Redirect 100% Priority Fees To Validators

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Ethereum Name Service Migrating to Layer-2 for Better Scalability and Lower Fees

ENS Labs unveils ENSv2, migrating the Ethereum Name Service to Layer 2. This upgrade aims to reduce costs, enhance scalability, and introduce a hierarchical registry system for better . eth domain management. дальше »

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Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZK Rollups

ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that provides cheaper transaction fees that is settled on Ethereum. дальше »

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Nexo integrates The Tie’s analytics to expand data access for users

Nexo announced an integration with The Tie to enhance its platform with real-time analytics for its users. The integration allows Nexo users to access various indicators, including X (formerly Twitter) statistics, on-chain activity, gas fees, ownership distribution, and detailed asset… дальше »

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Solana validators vote to keep full control of priority fees

Solana validators vote for a full allocation of priority fees to themselves, ending the 50/50 burn split and aiming to enhance network security. The post Solana validators vote to keep full control of priority fees appeared first on Crypto Briefing. дальше »

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Solana Memecoin GME Rallies 500% But RCO Finance (RCOF) Could Take The Lead Soon

The Solana memecoin niche has dominated the latest bull run in crypto, experiencing rapid growth since 2023. With its high-throughput and low transaction fees (as low as 0. 0001 SOL), Solana has become a well-known force in crypto. дальше »

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Solana validators approve 100% allocation of priority fees, ending 50/50 burn split

Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators. The proposal, known as SIMD-0096, passed with 77% approval. дальше »

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Solana community votes to give validators all priority fees

The Solana community has voted by a significant margin to give 100% of priority fees to network validators.

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Shiba Inu's Shibarium Skyrockets 60% in Key On-Chain Metric in 24 Hours

Shibarium transactions and fees surge, driven by market volatility and token burning, hinting at Shiba Inu token price growth дальше »

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Uniswap Foundation Discloses Assets Amid Fee Mechanism Vote

The proposed fee mechanism aims to redistribute protocol fees among staked and delegated UNI token holders, potentially reshaping governance dynamics. The post Uniswap Foundation Discloses Assets Amid Fee Mechanism Vote appeared first on BeInCrypto. дальше »

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Ethereum's lackluster performance has little to do with spot ETH ETF approval

Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty.

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TrueUSD’s (TUSD) zero-fee trading campaign on Bitci amid Turkish stablecoin adoption surge

TrueUSD has joined efforts with Bitci to offer various stablecoin campaigns, including a zero-fee trading campaign that offers users an opportunity to trade TUSD without fees#partnercontent дальше »

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Grayscale switches CEO following $144 million reduction in fees as Bitcoin outflows finally subsiding

Grayscale Investments, the world’s largest crypto asset manager, announced the appointment of Peter Mintzberg as its new Chief Executive Officer, effective August 15, 2024. Mintzberg will succeed Michael Sonnenshein, who stepped down from the position after a decade with the firm to pursue other interests. дальше »

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Assessing the Solana ecosystem and how Jito will help it grow

Jito collected large amounts of daily fees, surpassing a vast majority of DeFi protocols. The Solana ecosystem continued to see growth as activity on the network soared. Solana [SOL] has beeThe post Assessing the Solana ecosystem and how Jito will help it grow appeared first on AMBCrypto. дальше »

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Bitcoin fees hit 3-month low: A $12M drop, explained

Bitcoin’s total fees have dropped to a three-month low. Due to this, miners’ revenue derived from fees has declined. Bitcoin [BTC] network fees have fallen to a record low as the Layer 1The post Bitcoin fees hit 3-month low: A $12M drop, explained appeared first on AMBCrypto. дальше »

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Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher

Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum. Optimism Sees Higher Activity And Rising Transaction Fees According to a recent Messari report, Optimism’s circulating market cap increased 11% quarter-over-quarter (QoQ) to $3. дальше »

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PancakeSwap to reimburse interface fees for Uniswap users

PancakeSwap has initiated a campaign to reimburse traders for interface fees incurred by its competitor Uniswap from May 16 to Aug. 15. дальше »

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Stellar (XLM) Activates Major Upgrade on Testnet, What Comes Next?

Upgrade reflects Stellar's consistent efforts to improve network efficiency and reduce fees дальше »

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Bitcoin miners start to sell: Will BTC crash again, sooner than you think?

Bitcoin miners might sell as decreased mining rewards and transaction fees lower revenues. A potential sell-off by miners could dramatically impact the cryptocurrency market. Bitcoin [BTC] cThe post Bitcoin miners start to sell: Will BTC crash again, sooner than you think? appeared first on AMBCrypto. дальше »

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Vitalik Buterin proposes Ethereum gas model overhaul

Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data.

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Post-Halving Reality Hits Bitcoin Miners as Revenue Drops

Bitcoin miners are feeling the financial pinch as halved rewards and declining fees post-halving increase their strain. The post Post-Halving Reality Hits Bitcoin Miners as Revenue Drops appeared first on BeInCrypto. дальше »

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Kaiko: Bitcoin miners feel pressure of slashed rewards post-halving

Analysts at blockchain firm Kaiko say Bitcoin’s recent halving might soon force miners to sell their crypto holdings. Bitcoin miners are starting to feel pressure as daily average network fees, which spiked after the halving, have begun to decline, according… дальше »

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Ethereum fees drop to seven-month low as L2 competition heats up

Transactional fees on the Ethereum network recently dropped to a seven-month low, reaching $1.7 per transaction on May 12. The average transaction fee on the Ethereum network has dropped to the lowest level in seven months as layer-2 networks become… дальше »

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New daily Runes etched on Bitcoin falls 99% from post-halving peak

Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners. дальше »

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DeFi platforms Lido and Aave surpass Bitcoin and Ethereum in fee generation

Decentralized finance projects Lido and Aave generated more fees in the last 24 hours than top blockchain networks like Bitcoin, Ethereum, and Solana. According to DeFillama data, Lido accrued $2. дальше »

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Activity on Runes Protocol drops despite Magic Eden’s recently unveiled TypeScript

The Runes protocol, hailed as a groundbreaking innovation enabling the creation of fungible assets on the Bitcoin blockchain, has experienced a notable decline in activity despite its initial surge in transaction volume and fees. дальше »

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Bitcoin Runes activity drops significantly, weeks after generating $135m in fees

Activity on Bitcoin’s Rune protocol has dropped significantly, with data showing it reached its lowest level on May 11.  The Runes protocol has been making waves in the crypto space since its launch on April 19, coinciding with the latest… дальше »

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Gas Gone Cheap! Ethereum Fees Plunge 93% To Rock Bottom Prices

Ethereum users are rejoicing over a dramatic drop in gas fees, with the network experiencing its lowest point since early 2020. This translates into significantly cheaper transactions, making the platform more accessible for everyday users and developers. дальше »

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267% Spike in Shiba Inu Token Transaction Fees Stuns Shibarium

267% spike in BONE transaction fees on Shibarium may reflect increased activity in Shiba Inu ecosystem дальше »

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Runes protocol sees significant decline in activity

Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last 12 days. дальше »

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Ethereum network dips to 6-month low - Here's how it affected ETH

Ethereum’s fees hit a six-month low in the past seven days. ETH was down by 6%, and metrics looked bearish.  As L2s gain popularity, Ethereum’s [ETH] network usage plummets, reaching a The post Ethereum network dips to 6-month low - Here's how it affected ETH appeared first on AMBCrypto. дальше »

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