CRYPTOCURRENCY
Immutable (IMX) Unveils Pre-Approved Transactions for Seamless Web3 Gaming
Immutable (IMX) introduces Pre-Approved Transactions to enhance Web3 gaming by integrating blockchain approvals directly within games, eliminating disruptions and creating seamless experiences for players and developers.
Impact of Transaction Ordering Policies on Ethereum Arbitrage Strategies
Research explores how transaction ordering policies affect arbitrage profitability on Ethereum Layer 2 solutions, highlighting the efficacy of time-advantaged strategies.
Exploring Local Fee Markets and Blockchain Transaction Mechanisms
a16z crypto discusses local fee markets in blockchain, focusing on transaction execution mechanisms, optimal pricing, and capacity allocation in parallel execution systems.
Exploring Multidimensional Fees in Blockchain Transactions
Noam Nisan discusses the concept of multidimensional fees in blockchain, highlighting the distinction between easy and hard fee dimensions and the implications on transaction efficiency.
GalaChain Proposes New Transaction Fee Structure for Gala Channels
GalaChain introduces a new transaction fee system to enhance sustainability and autonomy for channel creators, according to Gala News.
Circle Introduces Gasless Transactions on Solana via Fee Payers
Circle's new Gas Station feature on Solana eliminates gas fees for users by sponsoring them through fee payer wallets.
Vitalik Buterin: Exploring Ethereum's New Techniques for Faster Transaction Confirmations
Vitalik Buterin discusses innovative methods to enhance Ethereum's transaction confirmation times, including single-slot finality and rollup preconfirmations.
BounceBit and Free Tech Partner to Enhance Cross-Chain Transactions for BBTC and BBUSD
BounceBit teams up with Free Tech to enhance cross-chain transactions for BBTC and BBUSD, improving user experience with swift and secure transfers.
Bitcoin Transaction Fees Experience Significant Drop Following Record High
Bitcoin's average transaction fees have dropped to $8-10 for medium-priority transactions, following a record high of $128 on April 20. This surge coincided with the Bitcoin halving, resulting in $78.3 million in fees, surpassing Ethereum 24 times. The highest fee ever recorded was 37.7 BTC ($2.4 million) paid to ViaBTC.
IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions
The US IRS has introduced Form 1099-DA for cryptocurrency brokers to report digital asset transactions, aiming to improve compliance and ensure accurate tax reporting from digital assets starting January 1, 2025.