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For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020
7.8.2022
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end...
National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay
4.8.2022
The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a decree project directed to the national economic team. Due to the immense losses the organization has faced, it has stopped supplying energy to some mining operations...
Bank of America Dismisses Assertion That Blockchains Have no Intrinsic Value, Citing Transaction Fees
3.8.2022
The Ethereum blockchain has generated around $3.9 billion in fees this year and Bitcoin $93 million, the report said
Bitcoin Brokerage River Financial Drops Fees for Recurring Trades
2.8.2022
Crypto exchange Binance recently announced zero-fee bitcoin trades on its platform
While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
31.7.2022
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5...
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
29.7.2022
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...
Fantom to Fund Ecosystem Projects Using Portion of Burn Fees
27.7.2022
A governance vote saw an overwhelming number of community members decide on using a third of Fantom’s burn fees to fund new projects
Finder’s Crypto Experts Predict Solana Rising to $512 by 2030
23.7.2022
A panel of crypto industry experts has predicted that solana will be worth $166 by 2025 and $512 by 2030. “SOL is one of the leading contenders in the smart contract blockchain space. They are likely to be one of the chief beneficiaries if the Ethereum upgrades fail to deliver lower...
Polygon zero-knowledge EVM rollup aims cheaper Web3 transactions
20.7.2022
Polygon uses zero-knowledge proof to club multiple transactions into groups before relaying them over to the Ethereum blockchain as a single transaction
Bitcoin per transaction cost goes down every four years, coincidence?
18.7.2022
The cost per Bitcoin transaction is calculated by dividing miners' revenue by the number of transactions, thus implying an unpredictive trend
DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive
15.7.2022
It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market
Binance users support 0-fee trading despite CZ's wash trading concerns
9.7.2022
CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.”
Market Wrap: Bitcoin Gains for Third Consecutive Day as Binance Launches Zero Trading Fees
8.7.2022
BTC recovered from an early dip below $20,000 to regain its perch above the psychologically important threshold
Bitstamp Drops Inactivity Fee Following Massive Backlash From Community
7.7.2022
Luxembourg-based crypto exchange Bitstamp has abandoned plans to charge a monthly fee on inactive users with low balances after massive backlash from the community.
The exchange announced today that they are scrapping the idea, saying:
"After listening to our community’s response, we’ve changed...
Ethereum Name Service registrations surge by 200% amid lower gas fees
6.7.2022
ENS domain registrations went from 11,042 to 29,727, as the domain “000.eth” was bought for 300 ETH
Ethereum Transaction Fees Dip to Lowest Since December 2020, Bitcoin Fees Relatively Stable
5.7.2022
The depressed state of the crypto market has also taken its toll on transaction fees, with Ethereum (ETH) fees now finally coming down to lows not seen since December 2020 -- while Bitcoin (BTC) fees remained around the same low level they have been at for the past year....
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Ethereum average gas fee falls down to $1.57, the lowest since 2020
3.7.2022
For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....
DappRadar Pioneers Cross-Chain Staking: Claim Rewards on Any Blockchain & Minimize Fees Drastically
1.7.2022
Kaunas, Lithuania – June 30, 2022 – DappRadar, the world’s dapp store that brings high-quality, accurate insights on decentralized applications, has announced an industry-first cross-chain token staking mechanism, allowing users to claim their staking rewards on any Blockchain...
Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K
28.6.2022
The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow