Out of the approximately $ 60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $ 34.3 million remains. Court documents reportedly state that liquidators have used the recovered funds to pay an outstanding tax liability of $ 15.2 million …
Paxful, the peer-to-peer cryptocurrency platform, has announced a significant reduction in transaction fees for gift cards. The company has slashed its fees by 80%, from the industry standard of 5% to just 1%. This has already resulted in a surge in gift card volumes and trader interest according to the company. The fee reduction applies […]
Solana validators have voted to pass Solana Improvement Document number 96 (SIMD-0096), which proposes that 100% of priority transaction fees will be awarded to validators. This breaks the current model that passes only 50% of these funds to validators, while the other half gets burned. According to early estimations, this will increase inflation by 4.6% […]
Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $ 2.77 per transaction, with low-priority to high-priority transfers costing between $ 0.38 and $ 0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows Not Seen Since November …
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes Protocol’s Initial Excitement Dwindles Amid Decreased Activity Before the […]