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Ethereum upgrade to offer revenue sharing for Layer 2 developers
31.7.2023
Developers of Ethereum have a proposition for scaling that will offer dApps the opportunity for revenue sharing in terms of transaction fees that they create on Layer 2. EIP-6968 has plans to introduce a kind of token that offers contract-secured revenue (CSR). This will provide the opportunity...
X’s ad revenue sharing: Crypto payments on the horizon?
29.7.2023
Should Elon Musk’s platform choose to introduce crypto payments in the future, Stripe’s on-ramp service could prove beneficial
Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack
27.7.2023
CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit
Revenue Constraints Will Drive Bitcoin Mining to Sustainability
25.7.2023
Charting Bitcoin’s Predictable Course: A Comprehensive Review of the Next 29 Reward Halvings
22.7.2023
In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block rewards will transpire over the ensuing two decades...
Bitcoin miners hedging with recent sell-offs - Bitfinex report
19.7.2023
All-time high hashrates and mining difficulty indicates that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
18.7.2023
In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend...
US Authorities Accuse Former Security Engineer of Siphoning $9 Million From Defi Platform
13.7.2023
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the Southern District of New York suggested that...
Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards
7.7.2023
As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take place between April 21 and 27, 2024, leading to...
Bitcoin Miners Achieve Unprecedented Success: Q2 2023 Fee Revenue Hits $184M, Outpacing 2022
6.7.2023
A recent report shows that Bitcoin miners have witnessed a notable achievement, surpassing its previous 2022 record.
The report revealed that the miner made over $100 million from transaction fees alone in the second quarter of 2023.
The amount accumulated is over five times the total fees earned...
June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags
2.7.2023
Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached an all-time high in hashrate on June 11, and three days...
US Judge Orders Kraken to Release Customer Data to IRS in Cryptocurrency Tax Probe
1.7.2023
Kraken, the San Francisco-headquartered digital currency exchange, has received a court order from a U.S. judge requiring the release of customer data to the Internal Revenue Service (IRS). The court filing, submitted on Friday, states that the IRS is seeking details pertaining to accounts that...
US Presidential Candidate Ron DeSantis Supports Plan to Eliminate IRS and ‘Break the Swamp’
30.6.2023
In an interview this week, Ron DeSantis, the Republican governor of Florida and a presidential candidate, revealed his support to eliminate several federal agencies should he win the general election. Among the entities he mentioned were the U.S. departments of Education, Commerce and Energy,...
Bitcoin miners send record $128M in revenue to exchanges
28.6.2023
Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react
World Mobile launches token buyback program, leveraging revenue to empower its sharing economy
22.6.2023
World Mobile has announced the launch of a token buyback program to support the sustainable growth of its sharing economy. The token buyback program will see World Mobile’s treasury purchase its native utility token, World Mobile Token (WMT), from the open market. The first buyback occurred on...
HYCM financial reports show low profit despite a 14% revenue boost
22.6.2023
HYCM recently released its financial report for 2022. According to the report, the company witnessed a 14% rise in its yearly revenue. The company generated 1.88 million pounds in 2022 compared to 1.65 million pounds in 2021. Similarly, the UK-based broker accrued over 697,000 pounds in operating...
Gaming Just Isn't About You: Consoles Are Thrashed By Casual Games
19.6.2023
Gaming still isn’t all about you. New data released by PwC shows that “traditional” games make up only 26.7 percent of the revenue earned by the U.S. games industry, the vast majority of 2022's $54.1 billion coming from social or casual games. Esports, meanwhile, contributed just 0.8%. Added...
Twitch Enrages Streamers Again With Convoluted New Revenue Share Program
15.6.2023
Twitch’s mid-life platform crisis continues. After rolling out controversial new 50/50 revenue splits for top streamers last fall, the massively popular online gaming hangout is now announcing a new “Partner Plus Program” that will return certain channels to the previous 70/30 split, but with tons...
Twitch's New Ad Rules Are Very Bad For Streamers
6.6.2023
On June 6, popular streaming service Twitch rolled out a set of new advertisement rules that spell trouble for streamers large and small. The rules are directly related to branded content streamers add into their streams, which are a crucial source of revenue for creators, and the new set of rules...
Bitcoin Price Prediction as Blockchain Transaction Fee Revenue Soars Amid Ordinals Popularity – Can BTC Reach a New High in 2023?
30.5.2023
As the popularity of Bitcoin continues to rise, accompanied by a significant increase in blockchain transaction fee revenue, many are speculating about the potential for BTC to reach new highs in 2023.
The surge in transaction fees reflects the growing demand for Bitcoin and the increasing...