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The Rise and Retreat: Bitcoin’s Ordinal Inscription Wave Ebbs

8.10.2023
Since September 25, 2023, the trend of Bitcoin-based Ordinal inscriptions has notably waned, hitting its most subdued levels since mid-April. On October 3 and 4, fewer than 17,000 inscriptions made their mark on Bitcoin’s distributed ledger, as both the volume of inscriptions and associated...

Dutch Crypto Firms Secure Partial Legal Victory Against Regulatory Fees

5.10.2023
Crypto firms in the Netherlands, including Bitvavo and Coinmerce, have achieved a partial victory in their legal battle against fees totaling $2.3 million imposed by Dutch regulators. They argued that these fees were excessive and discriminatory.... Read More: Dutch Crypto Firms Secure Partial...

Friend.tech's Revenue Growth Exceeds 10,000 ETH Milestone

2.10.2023
Base-based, Twitter-linked decentralized social network Friend.tech is approaching ETH 11,000 in protocol fees. Friend.tech is a Social-Fi decentralised application (dapp) deployed on Coinbase’s Base. According to Dune Analytics, the total protocol fees hit ETH 10,727.622 (or $17,606,837), where...

Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus

2.10.2023
Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year, warned the members of the industry. Miners...

Israel Land Authority Examines Real Estate Tokenization Applications

30.9.2023
The Israel Land Authority has called for blockchain experts to determine the different applications of distributed ledger technology in real estate. Implementing this technology could ostensibly present several advantages compared to traditional real estate transactions, which are qualified...

China Uses Digital Yuan to Recycle Gold, Pay Land Registry Fees

29.9.2023
Chinese firms, banks, and city governments are using the digital yuan to recycle gold and pay land registry fees as CBDC adoption efforts continue. Per the fiance-focused media outlet JRJ, the Shenzhen Branch of the central People’s Bank of China (PBoC) has teamed up with the Shanghai Gold...

Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary

24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...

Unity Apologizes For Controversial Changes, Walks Back Some

22.9.2023
In an open letter published on Friday, Unity’s president and general manager Marc Whitten apologized for the controversial changes announced on September 12 and announced that it was walking back some of the worst changes, including charging install fees for previously published games.Read more

JPEX hikes withdrawal fees and freezes Earn program operations

18.9.2023
JPEX, a cryptocurrency exchange, has decided to suspend the Earn program on its platform for the time being. This resulted from the company’s admission of an existing liquidity issue, for which it accused third-party market makers of blocking the company’s funds in a malicious manner....

Bitcoin Miner Returns 19.8 BTC in Fees After Paxos Claims Payment Mistake

16.9.2023
According to an X post, a cryptocurrency mining pool, F2Pool, has returned the mistakenly transferred transaction fee of 19.8 BTC made by Paxos, a Financial infrastructure firm. It started on September 10, when a transaction fee of $510,000 was paid to a miner on block 807,057 for a transaction...

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