Fees


Finance

Coinbase COIN Stock Hit With ‘Underperform’ Rating by Investment Bank Raymond James

According to Raymond James' definition, this stock will underperform its sector and should be sold.

Coinbase, Nasdaq, direct listing

Tech

Scaling Solution Hermez Network Adds Tether Token to Tackle High Ethereum Fees

Hermez Network sets out to provide faster and cheaper transactions on Ethereum.

Retro gas pump (unsplash)

Tech

Ethereum Fees Plummeted 65% in October Following DeFi Volumes Back to Earth

Miners' income from processing transactions on the Ethereum blockchain more than halved in October as the mania for DeFi cooled.

piles of coins

Tech

New Ethereum Fee Model Has Some Miners Crying Foul: Survey

Eight of the nine mining projects answering a survey on EIP 1559 had a negative impression of the proposal, with seven saying they would not implement the change.

Yes or No sign made from neon alphabet.

Markets

OMG Price Doubles as DeFi and Record Ethereum Fees Create 'Perfect Storm'

OMG has more than doubled in the past seven days as record Ethereum fees lead investors to look more closely at layer 2 solutions.

OMG price has doubled in the past seven days (CoinGecko)

Markets

Market Wrap: Bitcoin Sinks to $11.6K as Ether’s Gas Keeps Rising

As bitcoin’s price falls, Ethereum’s fees rise.

CoinDesk 20 Bitcoin Price Index

Tech

Bitcoin Scaling Tech Could Have Saved Companies and Users $500M in Fees: Report

Implementing transaction batching and SegWit could have saved bitcoin companies and users $500 million in fees – if they'd just use the technology.

(Ray Reyes/Unsplash)

Markets

DeFi Hype Has Sent Ethereum Fees Soaring to 2-Year High: Coin Metrics

The knock-on effects of the DeFi hype include high fees and less active users on Ethereum, according to Coin Metrics.

Ethereum founder Vitalik Buterin (CoinDesk archives)

Tech

BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds

Average fees paid by bitcoin users spike at a certain time every day due to the actions of one firm, derivatives exchange BitMEX, a researcher found.

BOTTLENECK: If too many bitcoin transactions are sent at one time, miners prioritize ushering through those with higher fees. Those with smaller fees must wait. (Credit: Shuttertsock)

Markets

Square's Cash App Now Charging Fees for Bitcoin Purchases

Square's Cash App has started charging fees of as much as 1.76 percent on bitcoin purchases, sources have pointed out to CoinDesk.

jack-dorsey

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