5 / 5 Relevant items tagged with #Fees

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OpenSea implements 0% fees to win over NFT userbase lost to Blur

[Feb 17, 2023 11:25 PM] NFT marketplace Blur surpassed OpenSea in daily ETH trading volume as users — anticipating greater returns on their NFT investments — are looking for a trading arena that works in their favor.

Canadian University Dubai backtracks on accepting crypto via Binance Pay

[Feb 12, 2023 1:04 AM] Before hitting a technical roadblock, CUD was seemingly interested in collecting tuition and course fees in cryptocurrencies from both domestic and international students.

Uzbekistan Collects Over $300,000 From Crypto Sector

[Feb 3, 2023 5:30 PM] While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees…

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

[Feb 3, 2023 9:00 AM] Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s…

Celsius publishes list of users eligible to withdraw majority of assets

[Feb 1, 2023 2:07 AM] Eligible creditors will not be able to withdraw their funds from Celsius unless they update their accounts with AML and KYC data.

Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them

[Jan 31, 2023 3:30 AM] Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some…

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

[Jan 24, 2023 3:00 AM] Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493…

Objections Raised Over Appointment of Sullivan & Cromwell as Debtors’ Counsel for FTX

[Jan 21, 2023 2:30 PM] On Friday, bankruptcy judge John Dorsey approved the law firm Sullivan & Cromwell (S&C) to be appointed as the debtors’ counsel for FTX, despite an objection from Daniel Friedberg, a former FTX US compliance officer. During a Zoom…

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

[Jan 18, 2023 7:30 PM] While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023…

Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees

[Jan 7, 2023 5:30 AM] Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms…

NYDFS proposes regulation to assess costs of 'supervision and examination' for licensed crypto firms

[Dec 1, 2022 3:25 PM] Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.

How The FTX Collapse Spiked Fees On Popular Bitcoin Exchanges

[Nov 14, 2022 6:45 PM] The collapse of an industry titan exposes how various bitcoin brokerages could experience massive differences in the cost of bitcoin.This is an opinion editorial by Michael Chapiro, a materials engineer, an aerospace and defense executive and…