After launching its NFT marketplace last month, FTX.US has expanded support to the Solana blockchain and plans to integrate Ether tokens soon, too.
Fees News
Cryptocurrency fees can be defined as money (usually in the form of one of the virtual currencies) that is paid as a on top of a transaction. The most common way to charge a fee is by taking a commission, i.e. some percentage from the amount of the transferred money. At the moment, a lot of transactions can be completed without any cryptocurrency fees unless the transaction includes a large amount of data. As miners function as the handler of transactions, they also receive commissions since each new block of the blockchain consists of their operations and, for example, a fee from Bitcoin as well. It is optional to require a commission, but any user that has found a block can include fees by their own choice. In the future, when the rewards for creating a new block will be reduced, miners will get most of their profit directly from the fees.
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In order to sustain the growth of NFTs, it is important that new buyers aren’t deterred from purchasing NFTs due to high gas fees.
9480Abracadabra.Money enables users to provide collateral via interest-bearing tokens and borrow the Magic Internet Money stablecoin against their holdings.
9770DeFi blog Rekt claims that FTX failed to adhere to its own terms and conditions by imposing the fee.
11439CELR soars to a new all-time high following the launch of its cross-chain bridge that allows traders to jump back and forth between various layer-1 and layer-2 platforms.
7927In what is presumed as a technical error, popular crypto exchange Bitfinex paid a seismic $23.7 million dollars in a gas fee for a comparatively nominal $100K transaction.
12401Multi-million-dollar incentive programs and the ease of cross-chain transfers are boosting the value of L1- and L2-based tokens and raising the TVL in their associated DeFi platforms.
20105A cross-chain bridge to Arbitrum, protocol upgrades and a steady surge in network activity back REN’s 340% rebound off its July 20 swing low.
11310"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren.
9334An unknown wallet benefited from Bitcoin’s low-fee blockchain yesterday with a transaction worth $2 billion.
76793This blockchain project has just completed one of the biggest protocol changes in its history — and has thrown a party to celebrate.
10769Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back.
5134Overly-confident Ethereum options traders are nervously watching the $3,200 level ahead of this week’s $800 million ETH options expiry.
36446The bearish outlook appears also as Cardano’s daily RSI reflects overbought sentiments. However, the euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin are keeping the upside hopes intact.
501401inch indicated that its launch on the Optimistic Ethereum network will lead to faster confirmation times and lower fees.
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