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Bank of America Charges Clients 6000 Times More in Fees Than Bitcoin

While Bitcoin critics claim the cryptocurrency is too expensive to use for transactions, data from Bank of America (BoA) shows traditional fiat transfers cost 6000 times as much. $90K...

Wilma Woo | Sep 19, 2018 | 17:00
Transaction fees
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Send $10,000 for 1 Cent: Bitcoin Transaction Fees Hit ‘Unfairly...

Bitcoin (BTC) transaction fees are at a major low, making it the cheapest time for nearly 12 months to send bitcoin. According to a Twitter-based Bitcoin fee information service...

Melanie Kramer | Mar 25, 2018 | 17:00
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Bitcoin Fees Sink to 6 Month Low, Undermining Bitcoin Cash

Bitcoin (BTC) transaction fees have dipped below than those of Bitcoin Cash (BCH), marking a blow to one of the hard fork’s central remits. Battle Of The Satoshis Data from...

Wilma Woo | Feb 21, 2018 | 06:30
Lightning Network Is Happening! First Physical Item Purchased on LN
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Lightning Network RC1 Release ‘Completes Bitcoin Mainnet...

Lightning Network transactions have successfully deployed on Bitcoin’s mainnet, marking the first step in a tech upgrade, which will likely transform user experience.  Lightning...

Wilma Woo | Dec 26, 2017 | 12:30
News

BitPay Backpedals on Payment Limits

Online Bitcoin payments provider BitPay announced last week that the minimum accepted payment would be $100. This was in response to escalating Bitcoin transaction fees during the big...

James Levenson | Dec 26, 2017 | 06:30
News

SegWit, Tony? BitPay CEO’s Fee Estimates ’20x Too...

BitPay CEO Tony Gallippi has received widespread condemnation after complaining non-SegWit Bitcoin fees were too high. Newbery: Customers Should Vote With Their Feet In a series of...

Wilma Woo | Nov 17, 2017 | 06:00
Where's Your Money Going?
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Coinbase 100% Overspends On Fees, Loses Up To ’15 BTC Per...

Coinbase has been described as “hemorrhaging money” this week after data showed it had been paying double transaction fees. Fees Glitch Adds To Coinbase Woes The overspending...

Wilma Woo | Jul 16, 2017 | 09:30
Tether Cryptocurrency Hedge Fund Profits Plunge Amid Market Volatility
News

Bitcoin Fees Fall 34% As Bloated Mempool Deflates

Amid anger and even despair over Bitcoin’s fees, the recommended rate per transaction has quietly dipped by 34% amid a drop in mempool size. Bitcoin Fees Fall But Delays Stretch On...

Wilma Woo | May 19, 2017 | 23:17
Bitcoin Transaction Fees Surpass $1 For First Time Ever
Bitcoin

Bitcoin Transaction Fees Surpass $1 For First Time Ever

For the first time in Bitcoin’s spectacular and controversial history, the cost of doing a Bitcoin transaction has easily passed the $1 mark, limiting the effectiveness of using...

Evander Smart | May 12, 2017 | 12:00

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