Crypto fees 101

❄️ ❄️ December 18, 2017 ❄️ ❄️ "Every form of payment has some risk associated with it." ― Frank Abagnale Got this from a friend? SUBSCRIBE HERE THE FEATURE Bought Your First Bitcoin or Ether? Brace for the Fees Ready to send your first bitcoin? That will be $26 please... Sure, that's on the high end of what you might pay to use the bitcoin blockchain today, but if you're new to the world of cryptocurrencies (and haven't invested that much), we understand seeing such a sky-high sum might be a shock. Despite what you might have heard about the "money of the future," the fact is bitcoin (and other cryptocurrencies) are both expensive – and experimental – today. But while this might not be what you're used to (or even what you signed up for when purchasing), looking at the reasons behind blockchain costs can help you understand the technology, its weaknesses and where the ecosystem needs more dedicated minds to improve.   Read the whole story Tweet Share Wait, there's more: Litecoin Faces Key Hurdle in Push Back to Record Highs The price of litecoin is up from a recent low, but Monday's chart analysis suggests it's facing a key crossroads in a bid to push much higher. North Korea Suspected Again in Crypto Exchange Attacks South Korea's spy agency beileves a recent run of hacking attacks on domestic cryptocurrency exchanges is linked to North Korea. The Transformed Role of Government in the Blockchain Era Embracing change might not be easy for governments, but it can be done, according to the head of Dubai's ambitious blockchain agenda. Bull Market Breather? Bitcoin Retreats After Run on $20k Bitcoin is facing significant resistence at $20,000, potentially putting in place the possibility the cryptocurrency's bull run could cool. UK Financial Watchdog to Further Scrutinize ICOs The UK's Financial Conduct Authority (FCA) has announced that it will gather further evidence and conduct a deeper examination on ICOs. Fidelity's Charity Arm Raises $22 Million in Bitcoin in 2017 Despite the rising price of bitcoin, some investors are choosing to donate their gains to a cause, according to figures from Fidelity Charitable. Bought Your First Bitcoin or Ether? Brace for the Fees Frustrated by crypto transaction fees? This CoinDesk Explainer gives an overview of why they're necessary for the blockchains being built. Boeing Eyes Blockchain in Bid to Fight GPS Spoofing A new patent filing from Boeing suggests that the aircraft manufacturing giant is looking at how blockchain can help protect in-flight GPS receivers. Where Have All the Private Blockchains Gone? What's next for private blockchains? More iteration, improvement – and adoption, argues developer Gideon Greenspan. New Class-Action Suit Filed Against Tezos Founders The Tezos organization is being sued for a fourth time, in this case to freeze the funds raised during its ICO. CME Bitcoin Futures Price Above $20k in First Day Trading CME Group's bitcoin futures trading began today with an opening price above $20,000 for its January 2018 contract. 2018: The Year Central Banks Begin Buying Cryptocurrency A former central banker is predicting big changes on major central bank balance sheets as cryptocurrencies continue to gain adoption and market share. Bitcoin Price Primed to Test $20k Ahead of CME Launch The price of bitcoin is edging up, but how it will respond to Sunday's launch of futures on the CME exchange is anyone's guess. Bitcoin Takes All? Enterprise Blockchains Need Time, Too This is not the kind of technology where you "move fast and break things." Financial market infrastructure is too big to bet on a buzzword. Go to CoinDesk BTC: $18,587.36 -2.62%  ETH: $720.00 -0.18% @9:35 EST - More price details 👋 CoinDesk is Hiring 👋 Come join our great team here in New York City! Copyright © 2017 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list