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Bitcoin Transaction Fees Come Crashing Down Post Halving
22.4.2024
After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction
Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs
21.4.2024
The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees
After Halving Event, Bitcoin Transaction Fees Soar to Over $240
20.4.2024
Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees...
Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools
18.4.2024
A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation follows earlier findings that highlighted a notable...
Transaction Fees Soar on Bitcoin Network as Network Braces for Halving
18.4.2024
According to recent data, bitcoin transaction fees have significantly increased since the first week of April. Metrics show that the average fee has escalated to 133 satoshis per virtual byte or $19.48 per transaction. Bitcoin Fees Climb Steadily as Runes Protocol Launch Nears The cost of sending...
The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving
18.4.2024
As the Bitcoin halving event draws near, small-scale miners face challenges like increased transaction fees and payout difficulties. The Lightning Network provides a solution, offering instant, low-cost payouts and enhanced privacy. Here's how mining pools like NiceHash and Braiins leverage...
BlockDAG Sets New Standards: Outshining Solana Blockchain and Aptos with $17.8M Presale and Moonshot Keynote Teaser
17.4.2024
In Q1 2024, the Solana blockchain led the pack with an impressive 2.4 Billion transactions. Despite its success, Solana faced issues with transaction failures that stirred negative market reactions. Meanwhile, the Aptos (APT) price struggled, dropping over 16%. Amid these fluctuations, BlockDAG...
VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs
9.4.2024
Jan Van Eck told CoinDesk TV's Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline
Solana Developers Target April 15 for Fixing Implementation Bug Causing Transaction Failures
9.4.2024
Solana experienced a significant disruption, with over 75% of non-vote transactions failing, attributed to an “implementation bug” in its use of the QUIC protocol, not a fundamental design flaw.
The post Solana Developers Target April 15 for Fixing Implementation Bug Causing Transaction Failures...
Solana Founder Explains Reason For Network Glitch
6.4.2024
The flaw that was causing transaction failures and a delay in block finalisation in the blockchain ecosystem was "identified and patched," according to Solana co-founder Anatoly Yakovenko on April 5.
The post Solana Founder Explains Reason For Network Glitch appeared first on Cryptonews
Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO Address
4.4.2024
SlowMist analysts have expressed concern over a 100 ETH transaction originating from an AssangeDAO address directed to a recipient apparently linked to the decentralized autonomous organization (DAO) on March 10.
The post Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO...
Bithumb Korea Posts Disappointing Financial Figures – Despite Bumper Transaction Volumes
3.4.2024
Bithumb Korea, the operator of the Bithumb crypto exchange, has reported a year-on-year decline in profitability for the Financial Year 2023, despite recent upturns in trading volumes.
The post Bithumb Korea Posts Disappointing Financial Figures – Despite Bumper Transaction Volumes appeared first...
Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours
1.4.2024
Degen Chain commenced operations just four days ago, has seen over 272,000 unique transactions, and has witnessed the creation of over 7,500 contracts and 2,300 tokens since its launch.
The post Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours...
Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins
29.3.2024
Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making...
NEAR Launches Multichain Transaction From One Account Feature
27.3.2024
Chain signatures allow users to transact on any network from one account
Indonesia’s Crypto Transactions Skyrocket to $1.92 Billion in February
18.3.2024
Indonesia has witnessed an impressive surge in cryptocurrency transactions, with the total reaching IDR 30 trillion ($1.92 billion) in February, according to the country's crypto regulator.
The post Indonesia’s Crypto Transactions Skyrocket to $1.92 Billion in February appeared first...
Offchain Labs’ ArbOS 20 Atlas lowers Arbitrum transaction costs
15.3.2024
Offchain Labs has introduced ArbOS 20, which has been given the codename ‘Atlas.’ ArbOS Atlas will significantly decrease the transaction fees associated with Ethereum Layer 2, which is one of the most significant outcomes. The revolutionary ArbOS 20 Atlas is all set to bring innovative changes...
US FinCEN Investigates $165 Million Crypto Transactions Tied to Hamas
14.3.2024
The US Financial Crimes Enforcement Network (FinCEN) is probing into the $165 million worth crypto transaction linked to Hamas, per Wall Street Journal.
The post US FinCEN Investigates $165 Million Crypto Transactions Tied to Hamas appeared first on Cryptonews
Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April
13.3.2024
The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April.
The post Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April appeared first...
Ethereum Price Prediction as Dencun Upgrade Successfully Goes Live – Where Next for ETH?
13.3.2024
The Ethereum (ETH) price is consolidating just below $4,000 and close to multi-year highs in wake of the successful implementation of the Dencun upgrade, that, amongst other things, is set to deliver a major boost to the Ethereum ecosystem via delivering a significant reduction in Ethereum layer-2...