Tag: Fees

Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin […]

Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch

Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch Last month the Veriblock testnet represented more than 30 percent of BTC’s network transactions but the project took a hiatus before launching the protocol’s mainnet. When the project stopped, the BTC network’s mempool dropped, transactions per day were cut […]

Australian Banks Fraudulently Collected Fees From Deceased Customers

Australian Banks Fraudulently Collected Fees From Deceased Customers A national inquiry into the misconduct of Australia’s banking sector has revealed profit-driven malpractice that has shattered customer trust. Some of the country’s largest banks were found guilty of making families homeless and charging fees for non-existent services, sometimes to dead customers. […]

Mastercard Fined $650M by EU for ‘Artificially’ Raising Fees

Mastercard Fined 0M by EU for ‘Artificially’ Raising Fees The European Union’s competition commission has handed Mastercard a €570 million euro ($ 648 million) fine for artificially raising payment processing fees in breach of antitrust laws, according to an online statement published on Jan. 22. Mastercard forced merchants to pay […]

Tidbits: Todd on Passphrase Memorization, Antonopoulos Explains Transaction Fees

Tidbits: Todd on Passphrase Memorization, Antonopoulos Explains Transaction Fees Tidbits is a roundup of talking points from across the cryptosphere. In this edition, Peter Todd suggests memorizing randomly generated passphrases to secure recovery keys. Amaury Séchet explains how the BCH community faces an uphill battle with adoption, and Andreas Antonopoulos […]

Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018

Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018 One of the great benefits of the Bitcoin Cash (BCH) network is that miner fees have been consistently inexpensive for well over a year. A typical BCH network fee in 2018 has been lower than most blockchain […]

Bitfinex Introduces New Fees, Bitmex Rejects Claims It Trades Against Its Customers

Bitfinex Introduces New Fees, Bitmex Rejects Claims It Trades Against Its Customers In recent cryptocurrency exchange news, Bitfinex has introduced new withdrawal fees, the CEO of Bitmex has refuted accusations that the exchange’s in-house trading desk trades against its customers, and Malta-based Bistraq Exchange has commenced operations. Also Read: Stablecoins Fetch […]

French Business School Accepts Fees in Bitcoin for Blockchain Technology Courses

French Business School Accepts Fees in Bitcoin for Blockchain Technology Courses France’s Financia Business School, which offers post-graduate courses in financial and blockchain technology, now allows students to pay their fees in cryptocurrency. Since the institution introduced the measure, about half a dozen students have paid in BTC for the […]