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Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians
20.9.2021
On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real...
Bitcoin’s Hashpower Estimate Up, Transaction Fee Revenue Estimate Down
17.9.2021
oopener noreferrer" href="https://www.bitooda.io/public-files/091621%20BitOoda%20Hashrate%20Estimate%20Details.pdf">said in their latest report.This comes as the hashrate that had been lost following
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...
Bitcoin worth $2 billion moves for just $0.78
14.9.2021
An unknown wallet benefited from Bitcoin’s low-fee blockchain yesterday with a transaction worth $2 billion
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
13.9.2021
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees...
DOGE Cost Averaging: Robinhood rolls out fee-free recurring crypto buy feature
9.9.2021
Retail crypto traders on Robinhood can now set up commission-free recurring investments in multiple crypto assets on a daily, weekly, bi-weekly or monthly basis
Changes in Fee Structure by Bitmex Exchange to Increase Crypto Trading
2.9.2021
BitMEX is one of the top-tier P2P cryptocurrency exchanges headquartered in Seychelles. It has strategically revamped its core fee structure to keep pace with the fast-developing cryptocurrency market space. According to the announcement, the altered Taker Fee on BitMEX exchange is 5bps (0.05%)...
Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect
31.8.2021
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s...
Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes
30.8.2021
Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million...
Eth2 staking contract ranks as single-largest Ether hodler with $21.5B
17.8.2021
The Eth2 staking contract is now the single-largest address by Ether holdings
Uniswap has now generated more than $1B in fees for liquidity providers
12.8.2021
More than $1 billion in fees have been generated for Uniswap’s liquidity providers since its November 2018 launch
South Korean banks doubled crypto transaction fee revenue in Q2
10.8.2021
Shinban Bank, K bank and NH Nonghyup Bank reported a total revenue of 16.9 billion won coming out of partnerships with four crypto exchanges
Ethereum Burning Fee, Pantera Trimming BTC and 20 Crypto Jokes
7.8.2021
What a week! We left the green July behind, while market sentiment made a jump led by BTC, ETH, and BNB. And then, Ethereum finally arrived to London, the burning began, and we looked into what EIP-1559 does and does not do. One old presentation by Vitalik Buterin brought up an unresolved Ethereum...
Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
6.8.2021
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London...
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO
20.7.2021
An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the...
Coinchange Announces Truly 0% Fee Brokerage and 25% APY DeFi Platform That Is Secure and Regulated
13.7.2021
PRESS RELEASE. Toronto––Coinchange is diversifying its portfolio of offerings with a move into the DeFi space. The High-Yield Account will provide all users with returns of up to 25% per annum on their USDC balances. This unique opportunity is paired alongside Coinchange’s...
As BTC and ETH Pursue Multilayer Schemes, Elon Musk Says ‘There’s Merit to Doge Maximizing the Base Layer’
9.7.2021
The CEO of Tesla, Elon Musk, is a fan of base layers when it comes to blockchain technology and on Friday, Musk explained there’s “merit” to the Dogecoin chain “minimizing transaction cost.” Dogecoin developers are in the midst of preparing to update the Dogecoin...
Strike Issues a Live-or-Die No-Fee 'Challenge' to Coinbase, CashApp, Venmo
2.7.2021
Jack Mallers. Source: Twitter/@JackMallers
Strike, a bitcoin (BTC) banking service by the US-based Bitcoin Lightning startup Zap, about to enable their users to buy BTC on its platform with no added fees - which would make a major difference in paying for transactions when compared to crypto...