Crypto

Bitcoin Transaction Fees Spike Amid Rising Backlog and Relentless Ordinal Inscription Trend

Bitcoin transaction fees have surged again. On Dec. 6, 2023, bitinfocharts.com reported that the average cost of a bitcoin transaction soared to $27.55. Presently, the average transaction fee hovers around $13.93, alongside a growing backlog of unconfirmed transactions, currently at 249,000 at the time of this report. Rising Backlog Drives Sharp Increase in Bitcoin Transaction […]
Cryptocurrency

Crypto Exchange Bitget Reveals Mandatory KYC Policy With Incentives for Early Compliance

On Thursday, the crypto exchange Bitget, headquartered in Seychelles, announced its decision to implement comprehensive Know Your Customer (KYC) policies across its platform. These new KYC requirements are set to take effect on December 15, 2023. Bitget Rolls Out Mandatory KYC Procedures Bitget is updating its compliance with relevant financial regulations by introducing new KYC […]
Cryptocurrency

Ledger Library Exploit Alert: Users Warned Against Interacting With Dapp Front Ends Amid Wallet Drainer Risk

According to several reports, there’s been an alleged Ledger Connectkit Library exploit and people are being warned not to interact with decentralized application (dapp) front ends. Reportedly, the library that maintained several dapps now contains a wallet drainer. *Editor’s Note: The end of this article was updated at 9:02 a.m. (EST) on Dec. 14, 2023, […]
Cryptocurrency