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Luminex lowers Ordinals Fees with BRC-69 token standard
5.7.2023
Luminex is a launchpad for Bitcoin Ordinals, and it has made massive advancements for the benefit of the community. Luminex has introduced BRC-69 tokens, a modified version of the BRC-20 token standard, with the commitment to lower the ordinals cost by 90%. The transaction cost is on the rise...
New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions
5.7.2023
While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over 90%. The launchpad Luminex, which announced...
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
4.7.2023
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal...
Creditors for bankrupt Voyager Digital billed $5.1M in legal fees
4.7.2023
Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees
Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'
4.7.2023
In an open letter, Cameron Winklevoss slammed DCG's Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers
Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed
1.7.2023
On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and fungible BRC20 tokens, Ordinal inscription technology...
Ledger Unveils Tradelink: A Custodial Crypto Trading Platform Tailored for Institutions
28.6.2023
On June 28, the crypto hardware wallet manufacturer and security firm Ledger unveiled its latest offering, a digital currency exchange and custodial solution service, specifically tailored for institutions. The new service, known as Tradelink, has been heralded by Ledger as “the first open network...
Voyager to pay $1.1 million in legal fees incurred in April
28.6.2023
Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services
Dubai Regulator Unveils Schedule of Fees for Virtual Asset-Related Activities
28.6.2023
The Dubai Virtual Asset Regulatory Authority (VARA) recently announced the schedule of fees “covering the issuance of no-objection certificates to proprietary traders, amendments or withdrawal of licence applications, and the submission of whitepapers for VARA review.” According...
Ethereum price won't see $2K anytime soon, market data suggests
28.6.2023
Weak derivatives metrics, declining TVL and Dapps use, put Ethereum bears in a better position to keep ETH price below $2,000
Voyager to Pay $1.1M Legal Fees for April
28.6.2023
Some of the firm’s attorneys billed Voyager upwards of $150,000 for their work during the month
Bitcoin’s Average Transfer Fee Surged 92% in 4 Days With More Than 330,000 Unconfirmed Transactions in the Backlog
22.6.2023
With 13.15 million ordinal inscriptions on the Bitcoin blockchain, demand has continued to keep network transfer fees high, as the average fee to transact onchain is 0.00012 BTC or $3.54 per transaction. Moreover, since June 18, 2023, average fees on the Bitcoin blockchain have increased by more...
Binance Introduces Zero Maker Fees for TUSD Trading Pairs – The Next Tether Stablecoin?
22.6.2023
Crypto exchange giant Binance has announced a new zero-maker fee promotion for stablecoin TUSD. Starting from 30th June, the promotional offer covers both spot and margin trading for TrueUSD.
The zero trading fee promotion for USD stablecoin applies to all existing and new USD stablecoin pairs...
Kyber Network Expands to zkSync Era: Deploying KyberSwap Aggregator and Classic Liquidity Protocols
22.6.2023
Kyber Network, a pioneer in the decentralised finance (DeFI) space, is excited to announce the deployment of its flagship product, KyberSwap, on zkSync Era. The deployment of KyberSwap Aggregator and Classic Liquidity Protocols on zkSync marks the 14th chain integration for Kyber Network, providing...
Ordinal Inscriptions Surge Past 13 Million Amid Game-Changing Recursive Inscription Upgrade
21.6.2023
On June 20, 2023, around 9 p.m. Eastern Time, the tally of Ordinal inscriptions minted on the Bitcoin blockchain surged past 13 million. A mere five days had elapsed since the 12 million milestone was reached, indicating a persistent demand for these inscriptions that shows no signs of diminishing....
FTX’s Bankruptcy Fees Already Topped $200M, Court Examiner Says
21.6.2023
Transforming a ‘smoldering heap of wreckage’ can cost good money, Katherine Stadler said
FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor
21.6.2023
The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”
FTX Spent Over $120 Million on Advisory Fees in Just Three Months as Bankruptcy Proceedings Continue
20.6.2023
The bankrupt crypto exchange FTX is facing escalating legal and advisory costs, recent filings submitted by the exchange’s bankruptcy advisors have revealed.
Judging from information in the filings, FTX's advisors billed the exchange a staggering $121.8 million in fees and expenses for the period...
CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M
18.6.2023
ZachXBT estimates that the legal fees could “easily exceed” $1 million and alleged that MachiBigBrother is “using his money to try” and silence him
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
6.6.2023
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software