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Nalezeno "L2 fees": 1369

Invesco Ether ETF sets fees at 0.25% as competition among issuers heats up

9.7.2024
The proliferation of proposed spot Ethereum ETFs could benefit spot investors as fund sponsors compete on management fees

Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina

8.7.2024
The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such as Argentina and Brazil. A joint venture between Argentine and Brazilian companies recently announced an 8 MW initiative...

Latam Insights: Paraguay Raises Bitcoin Mining Power Fees, Bolivia Praises Stablecoins as Dollar Proxy

7.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay raises bitcoin mining power fees, Bolivia talks about the utility of stablecoins as dollar alternatives, and Kavak tokenizes debt in Brazil....

Tron develops gas-free stablecoin for Ethereum and Tron chains

7.7.2024
Tron’s founder Justin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level

Tron is building a gas-free stablecoin solution for Tron, Ethereum chains

7.7.2024
Tron’s founder Jusin Sun believes gas-free stablecoins could take corporate adoption of blockchain to a new level

Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

5.7.2024
Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player...

KuCoin VAT charge raises concerns among Nigerian crypto community

3.7.2024
The approving authority behind this taxation remains unclear, whether it's the Nigerian government or an agency like the Federal Inland Revenue Service (FIRS)

Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations

2.7.2024
The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to invest over $400 million in the country due to...

Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024

2.7.2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures...

Low Bitcoin and Ethereum fees may not necessarily be good news

2.7.2024
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why?

Bitcoin Miners’ June Revenue Dips Slightly Below May

1.7.2024
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin...

Runes TXs on Bitcoin have tanked over 88% this month

30.6.2024
Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24

Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall

29.6.2024
With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the estimated daily value of 1 petahash per second (PH/s), is below $50 and hovering just above...

Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog

27.6.2024
Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s...

Ethereum’s supply has been inflating for 73 days straight

26.6.2024
The supply of ETH has been gradually increasing since mid-April with the Dencun upgrade decreasing competition for block space on the mainnet

Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals

25.6.2024
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin...