Fees Financial News
18.10 / 14:21
Art
NFT
Web3
Non-fungible tokens
fees
Metaverse
DAO
Yuga Labs
Bored Apes Creator Yuga Labs and Magic Eden Collaborate to Fix NFT Royalties Problem – What's Going On?
The consortium of major Web3 companies OMA3 (the Open Metaverse Alliance for Web3), has formed a working group to find the best way to standardize creator royalties on non-fungible token (NFT) marketplaces - and to ensure they stay there.
15.10 / 23:47
Art
Adoption
NFT
Tokens
fees
Metaverse
Marketplace
Utility
NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue
A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.
13.10 / 08:11
regulation
fees
companies
Financial Services
Wealth managers
financial conduct authority
Consumer Duty
reform
place
regulatory
St James's Place under regulatory scrutiny to reform fee structure - reports
A former employee said regulators have been pressuring SJP for almost a decade to overhaul its fee structure.
02.10 / 13:21
Ethereum
ETH
Twitter
Social Media
coinbase
fees
DApp
Friend
Friend.tech's Revenue Growth Exceeds 10,000 ETH Milestone
Base-based, Twitter-linked decentralized social network Friend.tech is approaching ETH 11,000 in protocol fees.
27.09 / 06:21
Blockchain
NFT
Mining
Analysis
fees
Bitcoin
BRC
Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode
Despite concerns that Bitcoin Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away from higher-value Bitcoin (BTC) monetary transfers.
21.09 / 11:17
fees
Fitch
retail
companies
industry
investment managers
Fitch Ratings: Investment managers with mass retail focus suffer weaker flows
Pressure has remained on fees as competition increases, regulation tightens and value for money assessment require firms to demonstrate their prices are fair.
14.09 / 09:39
business
Mining
fees
Paxos
Rewards
Bitcoin
Bitcoin Miner
Bitcoin miner mulls refunding 20 BTC reward to Paxos
A Bitcoin (BTC) miner who mistakenly received 20 BTC — worth over $500,000 — from crypto exchange Paxos for settling a 0.008 BTC ($200) transaction is now reconsidering their decision to return the jackpot to its rightful owner.
13.09 / 19:33
business
Blockchain
Mining
wallet
fees
Bitcoin Wallet
Bitcoin
Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction
The account that overpaid $500,000 in fees on Sept. 10 for a Bitcoin transfer belonged to Paxos, according to a Sept. 13 statement from the company. Paxos claimed that end users have not been affected and all user funds are safe. Paxos is most well-known as the issuer of stablecoins, including PayPal USD (PYUSD) and Pax Dollar (USDP), but also runs a crypto brokerage firm that carries Bitcoin (BTC).
13.09 / 14:19
fees
BlackRock
companies
financial conduct authority
Unit trusts/OEICs
AJ Bell
Consumer Duty
pricing
BlackRock tiered fund pricing structure divides opinion
'Active managers as yet have not truly grasped the nettle that the cost of investing in active funds is still too high.'
05.09 / 21:27
markets
Ethereum
coinbase
Ether price
Grayscale
fees
Support
Ethereum price risks losing the $1.6K support as multiple ETH price metrics decline
Ether (ETH) price surged by 31.3% from March 10 to March 18, coinciding with the U.S. Federal Reserve's injection of $300 billion to address the insolvency of Silicon Valley Bank.. Since then, Ether’s price consistently maintained a daily closing price above $1,600.
05.09 / 20:25
fees
Bankruptcy
New York Times
Lawyers
Lawyers Have Raked In At Least $700 Million From Major Crypto Implosions: New York Times Report
Lawyers, accountants, and consultants make up professionals who have raked in over $700 million in fees following the collapse of several digital asset firms last year.
19.08 / 02:35
NFT
fees
Marketplace
Opensea
Yuga Labs to wind back from OpenSea over its axing of royalty enforcements
Bored Ape Yacht Club (BAYC) creators Yuga Labs is set to wind down support for OpenSea following the platform’s upcoming removal of its on-chain royalty enforcement tool Operator Filter.
18.08 / 04:21
business
NFT
fees
Artists
Marketplace
Opensea
NFT marketplace OpenSea to disable royalty enforcement tool
Non-fungible token (NFT) marketplace OpenSea is sunsetting its on-chain royalty enforcement tool — Operator Filter — which allows creators to blacklist NFT marketplaces that don't enforce royalties.
03.08 / 12:15
Ethereum
NFT
fees
Transaction Fee
NFT gas usage shows downward trend, signals shift in landscape
Ethereum gas consumption of nonfungible tokens (NFTs) has gone through significant drops since its highs in 2021. Marketplaces and NFT projects that occupied top spots in terms of gas consumption at the time have since shown a sharp decline in two years.
31.07 / 11:35
fees
Platforms
Interactive Investor
interactive investor cuts trading fees by 33%
This is the fourth cut to trading fees ii has made in the last five years.
18.07 / 12:07
Blockchain
NFT
Non-fungible tokens
fees
Bitcoin
ordinals
July Sees Surge in Bitcoin NFT 'Ordinal' Inscriptions, Approaching 3.6 Million Monthly Mark
Bitcoin Ordinal inscriptions volume has recorded a significant rise in July, with the month so far seeing nearly 3.6 million of them, pushing the total number to nearly 18 million.
06.07 / 02:41
business
Blockchain
Adoption
Mining
fees
income
Bitcoin
Bitcoin miners raked $184M in fees in Q2, surpassing all of 2022
Bitcoin (BTC) miners made a lofty $184 million from transaction fees in the second quarter, far more than what they pocketed over the entire 2022 — as Bitcoin’s price surged and BRC-20 tokens flourished.
21.06 / 06:41
business
Law
fees
FTX
Court
Bankruptcy
FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor
Fees charged by the lawyers and the restructuring team working on the bankrupt crypto exchange FTX have topped $200 million in just over seven months, but an independent auditor argues it makes sense, given the mammoth task.
16.06 / 19:43
markets
Ethereum
SEC
Ether price
fees
3 key Ethereum price metrics point to growing resistance at the $1,750 level
Ether (ETH) price plunged 7% between June 14 and June 15, reaching its lowest level in three months and impacting investors’ view that the altcoin was en-route to turning $2,000 to support.
16.06 / 02:10
markets
defi
Altcoin
fees
Loans
Threat
Low
Curve’s (CRV) price hits a 1-year low amid looming liquidation threat
The Curve decentralized autonomous organization’s (DAO’s) governance token CRV dropped 12% on June 15 after reports surfaced of risky loans taken by its founder, Michael Egorov, on Aave. The token recorded its lowest trading level against Ether (ETH) at 0.00035010 ETH on June 15.
09.06 / 10:15
Blockchain
Technology
Adoption
fees
Smart Contracts
Power
businesses
The power of Fastex's POSA consensus: Empowering validators and businesses alike
"Stakers and validators usually don't care about the blockchain platform they're using, they don't care about its health. We want to change that," said Pavel Aramyan, Blockchain Program Lead at Fastex and one of the guests at Cointelegraph's live. "We want to actually reward validators and businesses and encourage them to provide value to users."
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