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Ethereum Gas Fee Prices Rising Again: When Will it End?


The sky appears to be the limit for ethereum (ETH) gas fees as the average price of transactions returned to just short of the USD 5 mark for the first time since a bug apparently derailed the decentralized finance (DeFi) Yam project – and total gas fees reached a whopping USD 7.1 million on August...

Low-fee Cross-chain Token Swap Using Anyswap


The text below is an advertorial article that was not written by Cryptonews.com journalists. The Ethereum-based Uniswap is by far the most popular decentralized automated market maker (AMM) in terms of the trading volume. It is the top gas spender in the Ethereum ecosystem, with almost 7 million...

Coinbase Blames Performance Issues on Ethereum Fee Spike


After the massive ethereum (ETH) rally and subsequent dump on Sunday that forced Coinbase to once again suffer from “degraded performance,” the exchange now said that it was “a spike in transaction fees” on the Ethereum network that caused delays for users attempting to move funds. Today, the major...

Median Ethereum Fee Up Almost 1,300% Since April, Bitcoin Fees Jump Too


The fees on both Ethereum (ETH) and Bitcoin (BTC) networks are rising yet again, prompting both the user dissatisfaction and discussions of possible solutions. There seems to be no end to what many perceive as major issues with high fees on the two biggest networks. The median average Bitcoin...

Competition to Cut Fee Premium on 'Safer' Crypto Exchanges Too


Despite some crypto exchanges still increasing their trading fees, the future may bring about a highly anticipated reduction in fees as competition heats up in the industry, crypto research firm Arcane Research said in a new report. Even though bitcoin itself can be considered “a homogenous...

Russian TON Investors Decry UK Firm’s ‘c. USD 1.5m Commission Fee’


Russian investors in the failed Telegram Open Network (TON) token launch said they have reported a British brokerage they said is withholding almost USD 1.5 million of their funds to the Moscow-based federal investigating authority. Per a Telegram post from Baza, the group has taken its case to...

Binance Teams up with Payments Firm to Allow ‘Low-fee’ Crypto Buying


*********NOTE FROM AUTHROR: EMBARGOED UNTIL June 25, 9 am ET/3 pm CET.******** Estonia-based payment solutions provider Mercuryo says it has struck a partnership deal with Binance that will allow exchange customers to buy crypto with fiat. The latter claims that the move will allow customers to...

Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall


Ethermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH),...

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