gas

The government of Kazakhstan is promoting the use of associated gas to power cryptocurrency mining, in order to restore the mining industry affected by power restrictions. President Kassym-Jomart Tokayev signed a decree in July requiring the establishment of mechanisms for enterprises to conduct digital mining using associated gas.Daniyar Mubarakov, head of the Blockchain and Digital Mining Association, stated that the total amount of associated gas in Kazakhstan can be converted into 1.2 to 1.3 terawatt-hours of electricity, sufficient to support medium or large data centers or Bitcoin mines in some oil fields. The Ministry of Energy of Kazakhstan estimates that there are up to 60 oil fields in the country producing associated gas. Oil companies can sell waste gas to miners, reducing disposal costs by millions of dollars, while miners can lock in electricity prices for years, reducing dependence on grid power.The government of Kazakhstan is developing a relevant legal framework to clarify the operational rules for enterprises and regulate the market. Gizzat Baitursynov, Deputy Minister of AI and Digital Development of Kazakhstan, stated that this mechanism will increase government tax revenue and improve the environment.

Binance Chinese posted on platform X that the Binance wallet now supports using USDT to pay for Gas fees, covering BNB Smart Chain, Ethereum, Solana, and Tron, with plans to support more public chain networks in the future.

According to Euronews, Kazakhstan is promoting cryptocurrency mining companies to utilize the remaining associated gas from oil fields to build their own power stations, in order to reduce natural gas flaring, alleviate pressure on the national power grid, and increase oil production.Data shows that the country will flare about 300 to 340 million cubic meters of associated gas in 2024, which, if used for power generation, is expected to produce 1.2 to 1.3 terawatt-hours of electricity. Currently, the Ministry of Energy of Kazakhstan and other departments are formulating the relevant legal framework.

According to a report released by Spartan Capital, Robinhood Chain will launch its mainnet on July 1, 2026. By the end of August, the on-chain DEX trading volume had risen to $1.5 billion, with a TVL increasing to $711 million, and on-chain gas revenue in August reached $6.6 million.The report shows that most of the trading volume in August came from Uniswap, with a single-day on-chain fee reaching $2.1 million on August 31. Robinhood is responsible for running the sequencer and receives about 90% of the on-chain fees. After deducting Ethereum settlement costs and the 10% licensing fee paid to Arbitrum DAO, the net income for August was approximately $6 million. Regarding Robinhood Earn, users deposit USDG and borrow through Morpho, with the deposit scale increasing from $9.5 million on July 1 to $456 million on August 31, accounting for 68% of Robinhood Chain's TVL at the end of the month. Users can earn an estimated annualized yield of about 7%, while the yield on the loan side was approximately 3.7% at the end of August, with the difference subsidized by reward funds provided by Morpho and its lending partners.Meanwhile, the Meme ecosystem of Robinhood Chain is growing rapidly. By the end of August, over 340,000 tokens had been issued on-chain, with application layer transaction fees reaching $114 million in August. The report states that the trading volume of Meme and tokenized stock trading pairs is also growing rapidly, with the trading volume of Meme tokens paired with Robinhood Stock Tokens reaching $518 million in August. The report points out that the current trading activity on Robinhood Chain is still mainly driven by crypto-native users, and Robinhood's own 27 million funded accounts have not yet been migrated to the chain on a large scale. The gas subsidies in the Robinhood wallet will continue until September 29, and the Earn yield is also planned to be gradually reduced.

The Binance Wallet's stablecoin fee payment feature now supports transfers on the TRON network, allowing users to not hold TRX.Starting today, when users transfer USDT and other TRC-20 tokens on the TRON network through Binance Wallet, they can directly select USDT as the network fee payer, without needing to hold TRX as Gas.For example, to send JST, users only need to open the Binance Wallet, click "Send" → "Select Token" → "Network Fee Payer" → "USDT," to complete the setup and have the network fee covered by USDT. This feature further simplifies the asset transfer process on the TRON network, lowering the threshold for users to hold native tokens, making cross-asset transfers easier and more convenient.

On September 16, the TokenPocket × USDD Gas Boost Season has officially begun, with the event running from September 15 to September 28. During the event, users can directly use USDD to pay Gas fees when transferring USDD on the TRON network through TokenPocket, and enjoy a 50% Gas subsidy.In addition, users who complete designated on-chain tasks can also participate in the event leaderboard to share a total reward of 5000 USDD and have a chance to win a KeyPal hardware wallet. This event is jointly launched by USDD, TokenPocket, and KeyPal, further expanding the application scenarios of USDD for Gas payments and stablecoin transfers on the TRON chain.

According to the official announcement, Gate announced that it will fully integrate with the Arc public chain on September 16, covering core Web3 scenarios such as Trenches, Gate Wallet, and on-chain market data. Gate's Trenches will exclusively offer 0 Gas transactions, allowing users to view popular and newly issued tokens on the Arc chain, access market data, and participate in trading directly without incurring additional Gas fees. Currently, Trenches supports limited-time Gas-free transactions for on-chain assets on Robinhood Chain, and with the addition of Arc, the 0 Gas coverage scenarios will further expand.Arc is an open Layer 1 network created by Circle for the financial market. This integration allows Gate users to access related assets and liquidity through Web3, wallets, and on-chain trading products, expanding coverage of emerging public chains.

The CEO of JERA, Japan's largest power company, stated that starting from January 1 next year, the supply of liquefied natural gas and natural gas from Russia to Europe will be halted, and gas prices may rise further.

Due to the rebound in gasoline prices, the consumer price increase in the U.S. for August is expected to accelerate, reinforcing market expectations for a possible interest rate hike by the Federal Reserve next week.The U.S. Department of Labor will release the August CPI report on Friday. Economists point out that oil prices returning to over $100 per barrel will keep inflation high.

Latest data shows that the number of GasFree users has surpassed 450,000, reaching 450,392. This milestone marks the continued expansion of this transfer tool's influence within the TRON ecosystem. Starting with support for USDT transfers, GasFree has now added support for USDD, allowing users more ways to transfer assets on the TRON network without the need to hold TRX to pay on-chain fees, further lowering the operational threshold and cost burden of transfers. Product features continue to expand, with a core philosophy that remains simple: making on-chain transfers easier to use. As the user base steadily grows and supported assets continue to diversify, GasFree is becoming a convenient choice for an increasing number of users in their daily on-chain operations.

According to Gate market data, European natural gas prices have exceeded 80 euros per megawatt hour for the first time, reaching a new high in over three years. Benchmark futures rose by as much as 6.8%, reaching 80.98 euros, the highest point since January 2023. As winter demand is expected to rise, price pressures could evolve into broader economic issues.

According to CoinDesk, Ethereum core developers have included EIP-8141 (Frame Transactions) in the 2027 Hegotá upgrade plan. During the core developer call on August 27, the proposal was marked as "Scheduled for Inclusion," meaning it will become part of the network update rather than just a candidate proposal. Ethereum co-founder Vitalik Buterin, one of the ten authors of the proposal, stated on X on Sunday night that Frames have made significant progress in the past few months.Frames aim to address the issue where users hold stablecoins but cannot transfer them due to a lack of ETH. It splits transactions into independent steps such as authorization verification, fee payment, and instruction execution, allowing the sender and payer accounts to no longer have to be the same. For example, payment applications can cover fees themselves or settle ETH bills on behalf of users after collecting stablecoins, while the Ethereum network still prices in ETH, and users do not need to purchase ETH. Unlike existing wallet solutions that rely on third-party services, Frames will achieve this capability through the standard Ethereum transaction process.Additionally, Frames will bundle operations that need to be executed simultaneously, such as authorization and submission in token transactions, with authorization being revoked if the transaction fails; it also allows accounts to customize transaction approval rules, enabling the replacement of private keys or the adoption of quantum-resistant keys without needing to migrate funds to a new address. Currently, the specification is still a draft, and details may be adjusted before the Hegotá upgrade, with users unable to use Frames yet.

The cryptocurrency exchange Gate has launched an on-chain trading product called "Gold Dog," covering multiple public chains such as Robinhood, SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, supporting on-chain assets like Meme and small tokens.The buying and selling fees for this product are both 0.5%. Users trading Robinhood Chain on-chain assets can enjoy a limited-time exemption from network fees. Users can directly use their Gate account assets for on-chain trading without the need to create or connect a wallet, frequently transfer assets, or switch networks, and can check real-time market data and K-line charts through token names or contract addresses."Gold Dog" will also support features such as Callout rankings, KOL rankings, and active account displays.

The Federal Bureau of Investigation (FBI) tracked and seized over $560,000 in cryptocurrency originally intended for Hamas by combining blockchain analysis, human intelligence, and court orders. The investigation involved shared wallets, cross-chain bridges, exchanges, and stablecoin accounts. Three seizure operations occurred in March, June, and October 2025.Investigators found that multiple donation addresses associated with Hamas's military wing, Al Qassam Brigades, used the same Gas wallet to pay transaction fees, and visualized funds flowing from donation wallets to operational wallets and related infrastructure through Reactor. In the June 2025 case, funds circulated through new addresses, accounts, over-the-counter brokers, and suspected money mule accounts; in October, the network switched to one-time donation wallets and cross-chain bridges. Court orders required Tether to destroy USDT from specified addresses and to reissue equivalent assets to law enforcement wallets, while Binance was instructed to transfer the balances of three accounts.

BNB Chain Chief Growth Officer Nina Rong commented on "the debate between Arbitrum founder Steven Goldfeder and Solana co-founder Toly regarding the Robinhood Chain fee model": "Continuing to push Gas fees lower is no longer the highest priority for the blockchain industry. The real priority for all public chains today is to find sustainable business models and reinvest the profits into technology and growth. This business model can be based on Gas fees, revenue sharing, or other forms of business collaboration. Over the past five years, the impression of blockchain foundations has mostly been two things: one is issuing grants and making investments; the other is reducing Gas fees. If we want to continue for another five years, blockchain companies must have a solid business structure."