Serial entrepreneur Gary Vaynerchuk first spoke about his NFT restaurant concept in August 2021.But months later, and far from being a passing fancy, more details about the Flyfish Club have emerged, including how much membership will set you back.The NFT debate rages onPointless fad or the future of ownership in a digital world? Whichever camp you’re in, there’s no denying … [Read more...] about Here is how much a membership costs at the exclusive FlyFish Club NFT restaurant
Costs
Vitalik Buterin proposes calldata limit per block to lower ETH gas costs
Ethereum (ETH) co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas cost over the ETH network. Buterin’s post on the Ethereum Magicians forum, EIP-4488, highlights concerns regarding high transaction fees on Layer-1 blockchains for rollups and the considerable amount of time to … [Read more...] about Vitalik Buterin proposes calldata limit per block to lower ETH gas costs
BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs
BlockFi said in a Twitter post that the move will apply to ethereum, chainlink, PAXG, uniswap and BAT. As for bitcoin, litecoin and stablecoins, BlockFi noted that customers will continue receiving one free withdrawal per month. Additional withdrawals beyond that will incur fees that will vary by coin. Source link … [Read more...] about BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs
JPMorgan Report Says CBDCs Can Save Firms $100B a Year in Cross-Border Costs
As an example, the report uses the ASEAN region and its corridors, comprising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, which operates across a diverse set of 10 currencies and contributes 7% of global cross-border trade. Source link … [Read more...] about JPMorgan Report Says CBDCs Can Save Firms $100B a Year in Cross-Border Costs
Algorand could soon process upto $800 million in healthcare costs in Bermuda
MAPay, a global healthcare technology firm with a focus on decentralized payment networks, will use Algorand to issue a stablecoin for facilitating over $800 million worth of healthcare-related costs in Bermuda, as per a development this past week.The firm boasts healthcare partnerships in the US and beyond, and will use Algorand’s blockchain as the backbone for its forthcoming … [Read more...] about Algorand could soon process upto $800 million in healthcare costs in Bermuda