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Month: May 2023

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  • Miner earnings from Bitcoin fees decline 90% from peak of BRC-20 frenzy

Miner earnings from Bitcoin fees decline 90% from peak of BRC-20 frenzy

Bitcoin miners’ revenue from fees dropped 90% since the BRC-20 peak, from $17.8 million daily to $1.7 million per day as of 29 May, 2023. However, current levels remain within…

Bybit gets “in-principle” approval to begin operations in Kazakhstan

Bybit has been in the process of expanding its service offerings. Bybit received “in-principle” approval from the Astana International Financial Centre to begin operations in Kazakhstan. The exchange will begin…

Fantom resolves to give back 15% of gas fees to certain projects

Fantom blockchain will reward projects that contribute toward high usage of gas fees. The move aims at driving increased demand for block space. Eligible applications will be rewarded 15% of…

Arbitrum-based Jimbos Protocol hacked for $7.5M, JIMBO price drops 40%

The Jimbos Protocol team acknowledged the hack and said it had contacted law enforcement. Blockchain security platform PeckShield noted the attack followed a compromise on Jimbos liquidity conversion mechanism. The…

Mask Network (MASK) price is up 10% today: Here’s why

MASK price is up by double digits today and 17% this past two weeks. Most of the gains have come after the team announced it had invested in The Open…

LTC, ARB and MATIC price outlook amid US debt limit “tentative” deal

LTC bulls need to break above $93, a key hurdle below the psychological level of $100. MATIC must reclaim $1 to target the $1.30-$1.50 range, or risk dip to $0.75.…

MakerDAO proposal eyes new DAI savings rate of 3.33%

MakerDAO is considering a proposal to raise the Dai savings rate (DSR). This follows the last change that saw DSR increase to 1%, attracting over 35 million DAI deposits in…

Bitcoin supply in loss at 68% after BTC price drop from $31k local top

Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss…

Bitget Review 2023: The Derivatives and Copy Trading Platform Backed by Lionel Messi and Thriving during The Bear Market

This article is sponsored by Bitget. If you’re a newcomer to the crypto space, chances are that you would probably be starting out via a centralized exchange, or CEX, to…

MCADE price prediction ahead of the Metacade Lite launch

The Metacade community is only counting days to the launch of the much anticipated Metacade Lite. MCADE price has started responding to the hype on the upcoming Metacade Lite launch.…