New Fee Model Rakes In Over $1 Million In A Month Amid DeFi Frenzy
Uniswap Labs, the company behind the decentralized finance (DeFi) protocol, has achieved a milestone in its revenue generation strategy. Just a month
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Rakes
FTX’s bankruptcy rakes up nearly $50m monthly in legal fees
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied FTX creditors are looking to expedite bankruptcy proceedings as legal fees are becoming increasingly expensive, possibly eating into the money paid to creditors. While attorneys of FTX are working towards recovering what remains of the once global
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Binance Rakes in 90% of Revenue from Transaction Fees, According to CZ
Binance CEO Changpeng Zhao disclosed that his exchange is overwhelmingly dependent on transaction fees for revenue generation. Binance chief executive officer Changpeng “CZ” Zhao recently revealed that the crypto exchange generates 90% of its revenue from transaction fees. In a TechCrunch interview from 2 weeks ago, Zhao also added that his company had removed all ads
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Tiffany & Co. NFT Sale Sells out, Luxury Jewelry Retailer Rakes in $12.5M in Ethereum – Blockchain Bitcoin News
On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint called “Nftiff” sold out. Tiffany’s sold 250 Nftiffs for 30 ethereum per Nftiff raking in more than $12.5 million from the sale. The NFTs created by Tiffany’s have to be
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Elon Musk Bitcoin Giveaway Scam Rakes in Millions of Dollars in BTC
‘Elon Musk’ bitcoin giveaways continue to scam people on Youtube. Scammers have reportedly pulled in millions of dollars in bitcoin from people wanting to double their cryptocurrency. Some of them use bitcoin addresses containing the name Elon Musk, Spacex, or Telsa. Before sending money to a bitcoin address, check
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