Bitcoin Ordinals’ total mintage fees increase 700% from April: Report

The total number of Bitcoin Ordinals has surpassed 8 million since its inception in January.

2822 +

BTC mining innovations could aid miners but not without these hurdles...

Bitcoin mining companies continue to innovate despite market volatility. Fees generated per transaction decline. Holders don't see any selling pressure. MVRV ratio begins to decline. Even thThe post BTC mining innovations could aid miners but not without these hurdles... appeared first on AMBCrypto. дальше »

212 +

Gas Crisis Averted: NFT Marketplaces Witness Dramatic Reduction in Ethereum Fees

Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According to a report by Nansen, a crypto analytics platform, NFTs have fallen behind in doing the most in Ethereum gas fees. дальше »

237 +

New Twist in ParaSpace Drama as Co-Founder Resigns

ParaSpace co-founder Jay Yao resigns after a feud with the Chief Executive Officer (CEO) Ruan Yobo. The community gets frustrated by the loss in gas fees. The post New Twist in ParaSpace Drama as Co-Founder Resigns appeared first on BeInCrypto. дальше »

179 +

Coin Cafe ordered to repay users $4.3 million in alleged fee scam

Coin Cafe, a cryptocurrency trading platform based in Brooklyn, has been ordered to reimburse its users a total of $4. 3 million due to allegations of charging excessive and undisclosed fees for Bitcoin storage. дальше »

310 +

Coin Cafe surrenders $4.3M to New York AG over exorbitant fee structure

The Office of the New York Attorney General said May 18 that it successfully took action against crypto company Coin Cafe, which surrendered $4. 3 million after the agency found that it charged wallet users extremely high fees. дальше »

258 +

Uniswap (UNI) Price Trends Upwards as Community Votes on Proposal

UNI is now up 7% since the voting proposal on Liquidity Fees began on May 10. Will the bullish $6 Uniswap Price prediction be validated?  The post Uniswap (UNI) Price Trends Upwards as Community Votes on Proposal appeared first on BeInCrypto. дальше »

180 +

Coinbase’s zero-fee subscription service out of beta and expanded outside the US

Coinbase has rolled out a new subscription service called Coinbase One. The service will give members access to $0 trading fees among other benefits. The Coinbase One is expected to roll out across 35 countries in the near future. дальше »

214 +

Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees

Brooklyn-based crypto trading platform Coin Cafe is paying back $4.3 million to defrauded investors, according to a Thursday statement from the New York Attorney General’s office, which accused the company of misleading customers about “exorbitant and undisclosed” fees. дальше »

130 +

Ethereum, Bitcoin users rush to Solana [SOL] as they seek...

High transaction fees on Ethereum and Bitcoin have led to increased network activity on Solana. While network activity sees growth, other ecosystem metrics experience a decline.  Solana sawThe post Ethereum, Bitcoin users rush to Solana [SOL] as they seek... appeared first on AMBCrypto. дальше »

256 +

The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today

Amid climbing transaction fees and increased development activity, bitcoiners are warring over the future of the network. Is this a replay or a result of the so-called Blocksize Wars. дальше »

174 +

Shiba Inu [SHIB] and PancakeSwap’s [CAKE] burn rate skyrockets; this is the outcome

SHIB’s burn rate went up by over 26,000% in the last 24 hours, while CAKE burned tokens worth $16 million. CAKE increased burn rate resulted in an increase in trading fees, but its revenue reThe post Shiba Inu [SHIB] and PancakeSwap’s [CAKE] burn rate skyrockets; this is the outcome appeared first on AMBCrypto. дальше »

260 +

How to Buy Bitcoin and Crypto with M&T Bank? Does M&T Bank Allow Crypto Purchases?

Here is a super quick rundown on how to buy Bitcoin with Merrick Bank. It is possible to buy Bitcoin and crypto with M&T Bank by following these steps: In this article, we’ll discuss how you can buy Bitcoin and crypto with M&T Bank, what fees are involved, and whether they accept crypto or not. дальше »

176 +

Optimism to upgrade mainnet in June

Optimism's Bedrock upgrade on June 6 brings reduced fees, improved security, and Ethereum compatibility, amidst rising competition from ZkEVM solutions. дальше »

878 +

Weekly DEX Volume on BNB Chain Hits Highest in a Year

Lower fees and Binance’s popularity are among the reasons noted by market analysts. дальше »

187 +

Miners and fees: How rising transaction fees affect Bitcoin mining costs

The post Miners and fees: How rising transaction fees affect Bitcoin mining costs appeared first on CryptoSlate.

224 +

Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees

The firm says El Salvador will serve as its base for operations in Latin America. дальше »

113 +

Are ZK-proofs the answer to Bitcoin’s Ordinal and BRC-20 problem?

Zero-knowledge proofs could be a viable means to address recent network congestion and high fees on the Bitcoin blockchain.

325 +

HEX PulseChain Launch Off to Rocky Start as Gas Fees Spike and Token Price Sinks

The HEX PulseChain has launched to mainnet but not without hiccups. Complaints about network fees and a tanking token price are among them. The post HEX PulseChain Launch Off to Rocky Start as Gas Fees Spike and Token Price Sinks appeared first on BeInCrypto. дальше »

178 +

Rhodium allegedly responsible for $26m in unpaid fees

Riot Platforms is suing Rhodium Enterprises for over $26m in unpaid mining fees. Riot also seeks permission to terminate "certain hosting agreements" with Rhodium. дальше »

192 +

Crypto Market Forecast: Week of May 15th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, Binance follows competitors by adding a Bitcoin Lightning integration, Ordinals boosts the activity on the Bitcoin network but raises fees, and onchain data reveals that deposit demand has offset withdrawal demand following Ethereum's Capella upgrade. дальше »

115 +

TRX outpaces ETH and BNB in these metrics, but there's more than meets the eye

Tron shone with record-breaking daily active addresses, surpassing Ethereum and BNB Chain. Despite transaction dominance, Tron faced lower fees and a declining Total Value Locked (TVL). As pThe post TRX outpaces ETH and BNB in these metrics, but there's more than meets the eye appeared first on AMBCrypto. дальше »

221 +

BTC miner Rhodium faces lawsuit over alleged $26M in unpaid fees: Report

Crypto mining firm Riot Platforms is seeking to terminate “certain hosting agreements” with Rhodium Enterprises and be relieved of refunding any outstanding power credits. дальше »

177 +

Bitcoin miner Riot sues Rhodium Enterprises for unpaid fees worth $26 million

A subsidiary of Bitcoin miner Riot Platforms is suing another miner, Rhodium Enterprises for $26 million in unpaid fees. Riot says that Rhodium "deliberately miscalculated" how much it had to pThe post Bitcoin miner Riot sues Rhodium Enterprises for unpaid fees worth $26 million appeared first on AMBCrypto. дальше »

154 +

From HEX to PLS: PulseChain’s Launch Puts Richard Heart’s Tokens in the Spotlight

PulseChain, the latest venture developed by Richard Heart, the creator of HEX cryptocurrency, has been unveiled, raising both excitement and skepticism within the crypto community. Positioned as an Ethereum fork, PulseChain promises to offer faster transactions, lower fees, and fee-burning capabilities. дальше »

180 +

Deciphering the link between Bitcoin's [BTC] block sizes and miner fees

Block size growth driven by Ordinals inscriptions and BRC-20 impacts the Bitcoin network. Bitcoin mining fees witnessed a historic rise as mining difficulty increased. In recent days, the riThe post Deciphering the link between Bitcoin's [BTC] block sizes and miner fees appeared first on AMBCrypto. дальше »

245 +

Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees

Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms. дальше »

163 +

Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge

The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT projects, such censorship could run counter to Bitcoin's open-source characteristics, CoinDesk's chief content officer Michael Casey argues. дальше »

303 +

Cardano’s hydra scaling solution goes live on mainnet as Ethereum gas fees surge

The first Hydra node compatible with the Cardano mainnet was launched on May 11, according to developer Sebastian Nagel. Hydra is a layer2 scaling solution designed to improve scalability on the Cardano blockchain. дальше »

124 +

Traders Choose Huobi and OKX After Binance Lifts Zero-Fee Trading 

Binance market share drops to low not seen since October 2022 as fees weigh on trading volumes. The post Traders Choose Huobi and OKX After Binance Lifts Zero-Fee Trading  appeared first on BeInCrypto. дальше »

97 +

BRC-20 tokens lose 600 million in market cap within four days

Quick Take On May 8, CryptoSlate reported that BRC-20 tokens hit a $1 billion market cap due to the soaring Bitcoin fees that miners were receiving. Yesterday, CryptoSlate reported that inscriptions might have run their course, with the average fee paid per block down from six Bitcoin to one Bitcoin. дальше »

157 +

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long

The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners. дальше »

68 +

Research: Bitcoin Inscriptions might have run their course

Bitcoin Ordinal Inscriptions, digital assets akin to NFTs inscribed on a satoshi, have been flooding the Bitcoin network with transactions, pushing it to an all-time high. While miners enjoy record-breaking profits from the fees generated, a surprising negative correlation has emerged between the number of transactions and active addresses. дальше »

109 +

Bitcoin mempool starts to clear as fee paid per block falls back to one

The cryptocurrency space has been buzzing this week with BRC-20 tokens' market cap exceeding $500 billion, fueled by the rise of Ordinals earlier this year. CryptoSlate reported an unusual phenomenon: Bitcoin miners receiving more income from transaction fees than block rewards. дальше »

120 +

Uniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees

The plan to implement fees on all of Uniswap’s version two liquidity pools, and some of its version three pools, would funnel money to the protocol’s treasury and token holders. дальше »

94 +

Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside

The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. There were instances of transaction fees exceeding the block rewards given to miners. While The post Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside appeared first on AMBCrypto. дальше »

134 +

Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners

The introduction of NFTs and BRC-20 tokens on the Bitcoin network through the Ordinals Protocol has sparked debate over its effects on transaction fees and chain bloat. Despite these concerns, Glassnode data analyzed by CryptoSlate reveals unexpected benefits for Bitcoin miners. дальше »

137 +

Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees

Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s team and its community. дальше »

68 +

BNB Chain L2 Boba Network Achieves Record Transaction Volume in April

Coinspeaker BNB Chain L2 Boba Network Achieves Record Transaction Volume in April Boba said its users on BNB Chain are saving around 80% on transaction fees by using its network. BNB Chain L2 Boba Network Achieves Record Transaction Volume in April дальше »

76 +

Cardano taps Hydra to undercut Ethereum as gas fees skyrocket

Cardano takes advantage of upper hand in lower fees compared to rival Ethereum. ADA slips below key support level after struggling to find bullish momentum. The crypto market is currently atThe post Cardano taps Hydra to undercut Ethereum as gas fees skyrocket appeared first on AMBCrypto. дальше »

128 +

Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement

The increase in Ordinals fees caused a surge in miners' revenue.  However, metrics for BTC were bearish, suggesting a further price decline.  Bitcoin [BTC] Ordinals is creating new milestoThe post Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement appeared first on AMBCrypto. дальше »

119 +

Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos

The percentage of Bitcoin miner revenue derived from fees soared to 42% in the last 24 hours. Because of the backlog surge, the number of unconfirmed transactions on Bitcoin hit a whopping 402,The post Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos appeared first on AMBCrypto. дальше »

149 +

Ethereum’s total value locked hits new all-time high

The total amount of locked ETH just hit a new AT taking the total TVL to $27.7b as the gas fees also hit a one-year high amid the recent meme coin season. Ethereum is now facing resistance at $1.9k. дальше »

111 +

Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy

Transaction fees on the Bitcoin blockchain have hit a two-year high due to the growing popularity of so-called BRC-20 tokens. дальше »

98 +

Bitcoin’s Surging Transaction Fees Viewed As “Direct Attack” By A Cross-Section Of The Community

92 +

There's No Such Thing as High Fees on Bitcoin

Bitcoin’s BRC-20 debate is a re-run of the 2015-17 blocksize wars, except this time some of the combatants have changed sides, says Nic Carter. дальше »

116 +

Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar

Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem. дальше »

71 +

Block Size War 2.0 heats up as Bitcoin SV spikes 33%

Bitcoin SV has surged 33% over the last 24 hours — while Bitcoin falters as rising transaction fees and chain bloat from Ordinals transactions take hold. Is Bitcoin SV a better Bitcoin? Buyers have flocked to Bitcoin SV, triggering a nearly threefold increase in trading volume since May 8. дальше »

104 +

CryptoSlate wMarket Update: Bitcoin maintains $27K amid rising network fees

In the last 24 hours, the cryptocurrency market cap saw net outflows of around $20 billion and currently stands at $1. 14 trillion — down 1. 16% from $1. 16 trillion. During the period, Bitcoin (BTC) and Ethereum’s (ETH) market cap fell 1. дальше »

148 +

Estonian Crypto Clampdown Drives out 400 Firms

Estonia's new laws impose hefty startup and compliance fees, which may have driven out 200 crypto firms from the Baltic nation. The post Estonian Crypto Clampdown Drives out 400 Firms appeared first on BeInCrypto. дальше »

131 +