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Australian Regulator Scolded Over 'Misleading' Release, Must Pay Costs as Block Earner Avoids Penalty
4.6.2024
Block Earner doesn't need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services
PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions
29.5.2024
PayPal Holdings, Inc. announced the expansion of its stablecoin, PayPal USD (PYUSD), to the Solana blockchain to enhance transaction speeds and reduce costs, providing users greater flexibility and control.
The post PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions appeared...
Onchain Fees for Bitcoin Drop to Six-Month Low
24.5.2024
Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows...
XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs
20.5.2024
The XRP Ledger (XRPL) has experienced an increase in transaction activity, with the number of transactions more than doubling from the fourth quarter of 2023 to the end of the first quarter of 2024.
The post XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs...
US Inflation Data Indicates Slight Cooling in April; Gold, Silver, and Cryptos Climb
15.5.2024
The latest report from the U.S. Labor Department’s Bureau of Labor Statistics reveals that the consumer price index (CPI) for April climbed by 0.3%. Over the last 12 months, the CPI increased by 3.4%, primarily driven by higher costs for shelter and gasoline. Relief Rally in Financial...
Vitalik Buterin proposes Ethereum gas model overhaul
14.5.2024
Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data
Bitcoin mining revenue hits post halving yearly low
6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024
Call Of Duty’s Dune Skin Costs $40, Hides Timothée Chalamet’s Face
30.4.2024
Call of Duty players are (yet again) up in arms over the exorbitant cost of a new cosmetic item. This time the community dissatisfaction stems from a Modern Warfare 3 Dune: Part Two crossover skin that will set players back $40.Read more
This Street Fighter Cammy Statue Costs More Than A PS5
18.4.2024
If you’re a collector of action figures and model statues with money to burn, well then I’ve found something perfect for you. Premium Collectibles Studio, a company that’s been selling pop culture and video game statues for over 10 years, has partnered with Capcom for a Street Fighter figure of...
EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements
17.4.2024
Accounting firm EY launched an Ethereum-based blockchain solution on Wednesday. It aims to help businesses execute complex agreements, reduce costs, and maintain security.
The post EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements appeared first on Cryptonews
Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility
16.4.2024
Hut 8 has quickly kickstarted its new Texas facility after relocating its mining machines from other sites.
The post Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility appeared first on Cryptonews
UK Court Freezes £6 Million of Craig Wright’s Assets to Prevent Evading Court Costs
29.3.2024
A UK judge has froezen Craig Wright's assets, who falsely claimed to be the creator of Bitcoin, from evading court costs.
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Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
29.3.2024
Judge James Mellor found earlier this month that Wright was not, as he'd claimed, Bitcoin inventor Satoshi Nakomoto
Judge Condemns SEC’s Handling of DEBT Box Case, Ordered to Reimburse Legal Costs
19.3.2024
The US Securities and Exchange Commission was sanctioned for its controversial restraining order against crypto firm DEBT Box, a March 18 court filing showed.
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Web3 OS Lowers Operating Costs Without Sacrificing Blockchain Security – Brendan Cooper
16.3.2024
According to Brendan Cooper, a core contributor at Andromeda, the widespread distribution and adoption of the Web3 operating system (OS) will likely result in the emergence of new business models, much like what happened with the Web2 OS. The Web3 OS is also likely to simplify “how developers...
Offchain Labs’ ArbOS 20 Atlas lowers Arbitrum transaction costs
15.3.2024
Offchain Labs has introduced ArbOS 20, which has been given the codename ‘Atlas.’ ArbOS Atlas will significantly decrease the transaction fees associated with Ethereum Layer 2, which is one of the most significant outcomes. The revolutionary ArbOS 20 Atlas is all set to bring innovative changes...
Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April
13.3.2024
The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April.
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Upgrade of Ethereum Will Lower Costs for Layer 2 Networks
13.3.2024
The upgrade of the Ethereum network will take place on the 13th of March and will help lower costs for the Layer 2 networks. Chains like Arbitrum, Polygon, and Coinbase Global attribute the connection to Ethereum. A transaction that would have cost $1 will now be 1C. Developers have named...
Dencun Goes Live On Gnosis, Ethereum Next In Line
12.3.2024
The Ethereum Dencun upgrade has successfully launched on Gnosis Chain, showcasing its potential to lower transaction costs and significantly boost the performance of layer-2 solutions. Ethereum's mainnet activation is imminent, promising a more efficient and affordable blockchain experience...
Arbitrum Community Reverses Decision on Funding Tornado Cash Developer Legal Defense
11.3.2024
The Arbitrum DAO has retracted a proposal that aimed to provide financial support for the legal defense costs of Tornado Cash's developers.
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