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Category: Network Fees
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While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers
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How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles
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Kim Dotcom Insists ‘Bitcoin Cash Will Serve the Mass Market,’ Criticizes BTC Fees, Elon Musk Responds
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Sky High Bitcoin and Ethereum Fees: While Prices Jump the Cost to Transfer Follows Suit
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USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees. Coin Metrics researchers and Nate Maddrey […]
The post Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot appeared first on Bitcoin News.
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Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers
While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners collect close to $1 million in gas in less than an […]
The post Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers appeared first on Bitcoin News.
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Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket
The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s a lot happening in the world of decentralized finance (defi) with things like synthetic bitcoin (WBTC), stablecoins, yield farming, decentralized […]
The post Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket appeared first on Bitcoin News.
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Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent 0.55 ether, worth […]
The post Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether appeared first on Bitcoin News.
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