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Uzbekistan Collects Over $300,000 From Crypto Sector
4.2.2023
While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees for crypto companies. Crypto Exchange in Uzbekistan...
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
3.2.2023
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As...
The state of Solana: Will the layer-1 protocol rise again in 2023?
27.1.2023
Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa
Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%
27.1.2023
Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...
SushiSwap passes 100% fee relocation, 10.9M SUSHI clawback proposals
24.1.2023
100% of trading fees on the platform will soon be redirected to the SushiSwap treasury for maintenance and expenses
Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX
21.1.2023
On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom presentation, Friedberg claimed there was a conflict...
Rarible Launches Zero Fee Polygon NFT Marketplace Builder
20.1.2023
Popular NFT marketplace and protocol Rarible launched its NFT marketplace builder for Polygon-based NFT collections on January 18. Any Polygon-based NFT collection will be able to use the new self-serve tool to build their own customized marketplaces for free to connect with their...
Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
19.1.2023
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93...
Polygon Completes Hard Fork to Reduce Gas Fee Spikes, Disruptive Reorgs
17.1.2023
The software upgrade to the Ethereum scaling project went live on Tuesday and included two proposals from December that Polygon validator teams voted to approve
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
16.1.2023
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about...
Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed
15.1.2023
Polygon told Cointelegraph that the hard fork will take effect at block 38,189,056, which will be initiated without the influence of centralized actors
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees
7.1.2023
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy....
COTI updates its fee structure
30.12.2022
COTI’s economy became more dynamic after the team announced that it had decided to modify the fee structure based on the feedback given by its community. One factor that will remain constant is the streamlining of fees and their distribution as rewards. The new fees model lowers the deposit...
Bitgert partners with USM & develops the world’s 1st zero-gas fee Blockchain
27.12.2022
Bitgert and USM, short for the United States of Mars, have joined hands to enable Bitgert to establish its headquarters in the metaverse. It would be a virtual headquarters with its presence in the USM metaverse. More details are awaited on the development; however, users have already started...
First Mover Asia: Uniswap ‘Fee Switch’ Proposal for Popular Ether Pools Stirs Up Community Debate
12.12.2022
Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days
10.12.2022
Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23...
MEXC is the 1st exchange to launch a zero maker fee event for futures orders
6.12.2022
In September of this year, blockchain media outlet, Cointelegraph, reported that cryptocurrency trading platform MEXC has ranked as the world’s top liquidity provider. Recently, MEXC announced the growth of its contract businesses, and its average daily trading volume has reached an increase...
MEXC’s Changing for You | The 1st Exchange to Launch a Zero Maker Fee Event for Futures Orders
2.12.2022
PRESS RELEASE. In September of this year, blockchain media outlet, Cointelegraph, reported that cryptocurrency trading platform MEXC has ranked as the world’s top liquidity provider. Recently, MEXC announced the growth of its contract business, and its average daily trading volume has reached...
Bitcoin Price and Ethereum Hold Crucial Support, FTX Token Sheds 84%
9.11.2022
The cryptocurrency market continues to shed blood, with the majority of cryptocurrencies trading in the red on November 9 due to panic selling yesterday, fueled by rumors of FTX's insolvency. While Bitcoin fell to nearly $18,000, Ethereum was on the verge of a significant loss below $1,300....
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Bitcoin․com Wallet Integrates Polygon (MATIC) Unlocking Secure Low-Cost Access to Thousands of Decentralized Applications
8.11.2022
Bitcoin.com continues to improve access to high-throughput, low-fee decentralized networks for millions of people by integrating the Polygon network. Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital...