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Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks


Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...

10 Best Layer 1 Crypto Projects to Watch in 2024


Many cryptocurrency investors prefer layer 1 networks over secondary tokens, such as those following the ERC-20 or BEP-20 standards. After all, layer 1 blockchains determine their own consensus models, governance, and transaction processing. This guide analyzes the 10 best layer 1 crypto projects...

Friend.tech Completes On-Chain Transaction for Ownership Transfer


Source: Adobe / Joaquin Corbalan Friend.tech, a decentralized social app built on Coinbase’s blockchain Base, has successfully transferred the ownership of its smart contract and funds to “a new combination of multisig and professional custody.” The news that the necessary on-chain transactions...

Polygon PoS Now Supported By Amazon Managed Blockchain Access


Source: AdobeStock / gguy Amazon Managed Blockchain (AMB) Access now supports the Polygon proof-of-stake (PoS) mainnet and the Mumbai testnet in public preview. AMB is a fully managed service that provides access to public and private blockchains. Polygon is a scaling solution leveraging...

Bitcoin Water Footprint Adds Pressure to Mining Regulations: Report


Source: Pixabay / Michael Wuensch Popular Bitcoin (BTC) critic Alex De Vries says the asset uses about 16,000 liters of water which can fill a pool for each transaction on the network, a claim that has sparked diverse reactions.  In a study released on Nov 29, De Vries opined that Bitcoin has...

Antpool to Refund 83 BTC Erroneously Paid as Gas Fee to User


Source: Pixabay / Michael Wuensch Antpool has announced steps to give back 83 Bitcoin (BTC) paid in error as a transaction fee to the user days after the incident.  Blockchain security firm, PeckShield posted an update from Antpool on X (formerly Twitter) on the 83 BTC gas fee which sparked diverse...

Replace-by-fee (RBF), explained


Replace-by-fee (RBF) is a feature in Bitcoin that allows users to replace an unconfirmed transaction with a higher fee to expedite confirmation

Bitcoin User Claims Hack Triggered Record $3M Bitcoin Fee, 139 BTC Lost


Bitcoin hack drained user’s wallet and forced record $3 million transaction fee payment. Image by Myst, Adobe Stock. A Bitcoin user has come forward claiming they were the victim of a hack that led to the record-breaking $3 million Bitcoin transaction fee paid last week. The anonymous user...

Bitcoin Transaction Fees Dip Amid November’s Surging Miner Revenues


Transaction fees for Bitcoin have eased, following their surge to more than $18 per transaction on two separate occasions last week. As of November 24, 2023, the average fee per transaction stood at roughly $5.89, with the median fee per transfer being $2.86. Bitcoin Fees Cool Down —...

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