fees
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Regulation
Billion-Dollar Bank Paying $44,000,000 Fine for Allegedly Freezing Customers’ Accounts, Charging Hidden Fees, Deceiving Customers
A Texas-based bank holding company is agreeing to pay a $44 million fine to the Federal Reserve for a long…
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Regulation
Billion-Dollar Bank To Pay $20,000,000 Fine After Hitting Customers With ‘Illegal, Worthless Fees’ and Illegally Triggering Asset Seizures: CFPB
The Consumer Financial Protection Bureau (CFPB) is penalizing a US bank for predatory loan practices and illegal repossession of people’s…
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Learn About Crypto
Ethereum (ETH) Gas and Transaction Fees Explained
Not enough gas for a transaction! How many gwei is it? The gas limit is too low! Most users outside…
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NFT
Solana Gets New NFT Standard, Metaplex Will Give Fees to DAO for Potential MPLX Rewards
The Metaplex Foundation revealed Monday that it is launching a new non-fungible token (NFT) standard for Solana that is cheaper…
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NFT
Opensea introduces Seaport 1.6, cutting gas fees up to 5% for some transactions
OpenSea and the Seaport Working Group have released Seaport 1.6, the most recent version of the NFT marketplace protocol for…
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Regulation
UK FCA to recover $8 million in costs via fees placed on stablecoin issuers, custodians
The UK Financial Conduct Authority (FCA) announced that it intends to recover the equivalent of $8 million in costs stemming…
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Blockchain
Average transaction fees on Ethereum L2 networks drop following Dencun upgrade
Dencun, the latest upgrade to grace the Ethereum network, might have fulfilled its vision to address high fees, as data…
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Bitcoin
Bitcoin network fees doubles as BTC closes in on $70K
Total network fees rose by over 100% in the past week. Ordinals transactions contributed over $3 million in fees. Bitcoin…
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Blockchain
Polygon to slash transaction fees with Ethereum’s EIP-4844
The Dencun upgrade is slated to go live on March 14, 2024. The launch of EIP-4844 will follow soon, tentatively…
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Blockchain
Ethereum Fees Set to Drop for Arbitrum, Polygon, Starknet, Base. But How Much?
Ethereum’s milestone Dencun upgrade, expected next week, is expected to result in lower costs for layer-2 blockchains to stash data…
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