Increase Transaction Fees? What Happened? Increased transaction fees represent a minor advancement in the ability of Bitcoin miners to maintain their operations independently of block subsidies. Block number 788695 has a significant meaning for Bitcoin miners due to the recent upsurge in transaction fees. It represents the first instance since 2017 where transaction fees in a single block exceeded the block rewards given to miners. In this block, transaction fees amounted to 6.7 Bitcoin, surpassing the block...Continue Reading
On Monday, regulators sold the assets of First Republic Bank (FRC.N) to JPMorgan Chase & Co (JPM.N) to resolve the largest bank failure in the U.S. since the 2008 financial crisis, and to bring an end to prolonged banking turmoil.Continue Reading
The shares of another significant US bank have plummeted by 50% amid reports of customers withdrawing almost $150 billion in deposits, fuelling concerns of a possible collapse.Continue Reading
Voyager Digital, a crypto lending firm that filed for bankruptcy, has announced that it was notified by Binance.US about the termination of their agreement to purchase assets.Continue Reading
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