Search Results for "fees"
Exploring Multidimensional Fees in Blockchain Transactions
Noam Nisan discusses the concept of multidimensional fees in blockchain, highlighting the distinction between easy and hard fee dimensions and the implications on transaction efficiency.
Binance to Revise Maker Fees for INR Market on P2P Platform
Binance is set to update maker fees for the Indian Rupee market on its P2P platform, effective from October 16, 2024, as per the latest announcement.
Bitcoin (BTC) Fee Market Faces Decline Amidst Onchain Activity Slowdown
Bitcoin's fee market has seen a downturn with reduced onchain activity, posing challenges for miner revenue. Analyzing the impact of OP_RETURN transactions and network security.
dYdX Expands into US Market with Lower Fees and Strategic Acquisitions
dYdX is set to enter the U.S. market by year-end, offering reduced trading fees and strategic expansions, aligning with regulatory shifts and infrastructure improvements.
OKX Announces Changes to Global Trading Fee Structure
OKX has announced upcoming updates to its global fee framework, impacting various trading pairs. The changes align with the company's Terms of Service, aiming to optimize transaction costs.
Ethereum Median Fees Slip to 6-Month Low, Will this Reignite Rebound?
Ethereum's median fees dropped to lows not seen since July 2021, raising the question of whether a rebound is on the horizon.
USDC Holders Panic Sell Amid Solvency Concerns
On March 10, concerns about the solvency of USD Coin (USDC) led several holders to panic sell their holdings and switch to other stablecoins. One user lost over 2 million USDC in a failed attempt to exchange them for Tether (USDT) using KyberSwap's decentralized exchange aggregator. Tron founder Justin Sun reportedly withdrew 82 million USDC and exchanged them for Dai (DAI) using Aave v2, while IOSG Ventures sold 118.73 million USDC for 105.67 million USDT and 2,756 Ether (ETH). The USDC price has since slowly recovered, and Circle, the company behind USDC, disclosed holding $3.3 billion at the Silicon Valley Bank.
Ethereum’s Median Fee Hit a 4-Month Low, while Address Activity Soaring to a 7-Month High
Ethereum users have a sigh of relief because median fees have dropped to $5.50 per transaction from highs of $34.18 last month.
Ethereum User Paid $2.6 Million in Transaction Fees to Send Just $130
A user paid millions of dollars in Gas fees just to send $130 worth of Ether.
Is Ethereum the Future of DeFi? Scalability and Cost Issues Open Door for Cardano and Polkadot
As Ethereum continues to struggle with scalability and cost—traders continue to question the limitations of the Ethereum network and whether it really is the future of Defi.
Ethereum’s Price Going through the Roof, Subject to Renewed Interest from Short-Term Traders
Ethereum’s surge to historic highs has renewed the discussion of whether the altcoin season is back as short-term traders' interest soars.
Bankruptcy of FTX Incurs Over $200 Million in Legal Fees
An independent auditor has examined the legal fees incurred during the initial months of FTX's bankruptcy, revealing a staggering amount exceeding $200 million. The auditor justifies these significant fees, considering the monumental nature of the task at hand.