Fees Financial News

06.06 / 17:17

Ethereum fees transactions Bitcoin memecoin gas fees Ethereum gas fees cool down after May memecoin frenzy

The average transaction fee or gas fee on the Ethereum network has cooled substantially in the first week of June after reaching a multi-month high in May, owing to the meme coin frenzy and many MEV Bot activities.

11.05 / 13:07

NFT fees transactions Bitcoin Ordinals good or bad for Bitcoin? Supporters and opposers raise voice

Bitcoin Ordinals, a technology that enables adding text, images and code on a satoshi — the smallest unit of Bitcoin (BTC) — continues to inspire debate among the Bitcoin community.

11.05 / 12:33

Blockchain Binance fees Kraken Bitcoin Mempool ‘Memepool’ full: Here’s how exchanges adjust Bitcoin withdrawal fees

Amid the ongoing spike in Bitcoin (BTC) transaction fees, some cryptocurrency exchanges have moved to adjust the cost of withdrawing BTC from their platforms.

11.05 / 10:27

markets fees Bitcoin Bitcoin Price Bitcoin fees plummet 95% as BTC price recovers from US gov't scare

Bitcoin (BTC) struggled to recover from fresh losses on May 11 as a false alarm over United States government sales spooked markets.

10.05 / 17:47

business Blockchain Ethereum fees community Arbitrum Transaction Fee Arbitrum's DAO to receive over 3,350 ETH revenue from transaction fees

Ethereum layer-2 blockchain Arbitrum will distribute ETH (ETH) tokens worth nearly $6.2 million to its decentralized autonomous organization (DAO), the project announced May 9 on Twitter. ARB holders must claim the rewards.

09.05 / 01:23

Blockchain Ethereum Altcoin fees Transaction Fee Worth it? Trader spends $120K on gas buying $155K worth of a memecoin

A single trader just spent a staggering 64 Ether — equivalent to $118,000 — in gas fees purchasing $155,000 worth of a memecoin called Four (FOUR).

08.05 / 04:45

Blockchain fees transactions Transaction Fee NOT 'Bitcoin is not under attack:' BTC maxis allay fears of a DoS offensive

A sudden spike in Bitcoin (BTC) transaction fees and unconfirmed transactions sparked concern on Crypto Twitter over the weekend of a potential Denial of Service (DoS) "attack" on the network.

03.05 / 05:13

business Law regulation fees FTX Bankruptcy FTX advisors billed the bankrupt firm for a whopping $103M in Q1

The lawyers and consulting firms assisting cryptocurrency exchange FTX through its bankruptcy proceedings are set to cash in a total of $103 million over the first quarter.

24.04 / 20:13

markets Ethereum Ether price fees Decentralized Exchange Derivatives Dapps network Support regulatory Ether price struggles to maintain support as regulatory challenges and network issues weigh

The Ether (ETH) price has struggled to sustain the $1,850 support since April 21, the same level it held before the rally toward $2,100 initiated on April 13. Investors have reason to question whether there are buyers, considering the 13.5% price correction in six days and the $548 million in leveraged futures longs liquidated between April 19 and April 21.

20.04 / 10:57

Blockchain Ethereum 2.0 fees network Ethereum gas fee jumped due to memecoin frenzy with mixed comments on network usability

Ethereum network’s gas fee skyrocketed to a new multi-month high amid a growing memecoin frenzy. The high transaction fee has swelled Ethereum’s daily revenue multifold compared to Bitcoin (BTC). While Ethereum proponents celebrated the growth in revenue, many others were quick to point out the growing congestion on the network and the difficulty in processing transactions.

17.04 / 17:53

regulation fees BItlicense NYDFS Costs NYDFS adopts regulation to assess supervisory costs for licensed crypto firms

The New York State Department of Financial Services, or NYDFS, has adopted a regulation that will allow the government agency to assess supervisory costs from licensed crypto firms operating in the state.

13.04 / 07:51

business Ethereum Adoption NFT fees Reddit Marketplace BTC Miners Nifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more

Bitcoin (BTC) miners have pocketed over $5 million from creating nonfungible token (NFT)-like inscriptions using the Ordinals protocol.

05.04 / 14:33

Adoption defi fees Value Taxes Tax reduction MEV Ethereum projects unite to protect users from MEV-induced high prices

Over 27 prominent Ethereum projects joined hands to launch MEV Blocker, a solution that aims to tackle and minimize the amount of value extracted from their users, a.k.a maximally extractable value (MEV) — Ethereum’s invisible tax.

04.04 / 19:25

Stablecoin Adoption PayPal fees Banks Central Bank credit cards PayPal and the credit card industry are taking advantage of consumers

More Americans are unable to pay their credit card bills in full at the end of the month, with 46% of credit cardholders carrying month-to-month debt, up from 39% in 2022. A recent report from the Federal Reserve Bank of New York highlighted how the current 15% year-to-year credit card balance increase represents the largest jump in more than 20 years.

30.03 / 02:17

business regulation fees Fraud FTX Insurance Court Lawyers creditors FTX lawyers, creditors slam SBF's petition to get legal fees reimbursed

Sam Bankman Fried’s new petition to have his legal expenses reimbursed has been met with fierce objection from lawyers representing the crypto exchange and its creditors committee.

02.03 / 17:27

business fees transactions Lightning Network Bitcoin network Xapo Bank enables faster Bitcoin payments with Lightning Network

Xapo Bank, an international private bank headquartered in Gibraltar, integrates the Lightning Network to improve its Bitcoin (BTC) capabilities.

18.02 / 20:21

markets Blockchain Adoption NFT fees Bitcoin Bitcoin Blockchain How the Ordinals movement will benefit the Bitcoin blockchain

Bitcoin (BTC) NFTs will have a positive impact on Bitcoin ecosystem by improving its security and incentivizing developers to build on the network, according to independent developer Udi Wertheimer.

18.02 / 08:59

business NFT Trading fees data Marketplace Lost OpenSea implements 0% fees to win over NFT userbase lost to Blur

Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once dominant user base.

14.02 / 05:25

Adoption NFT Mining wallet fees transactions Bitcoin Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode

The launch of Bitcoin nonfungible tokens (NFTs) — known as Ordinals — has tipped the number of non-zero Bitcoin addresses to a new all-time high of 44 million, according to crypto analytics platform Glassnode.

12.02 / 11:13

business Adoption Binance fees students Binance Pay Canadian University Dubai backtracks on accepting crypto via Binance Pay

Not even 24 hours after the Canadian University Dubai (CUD) announced its partnership with Binance Pay to accept course fees in cryptocurrencies, a technical roadblock watered down the excitement behind the short-lived initiative.

09.02 / 04:29

business Adoption Robinhood wallet Report fees transactions Fried Sam stake Robinhood board gives nod to buy Sam Bankman-Fried's $578M stake

Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year.

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