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Over 67,000 Fusions: Cashfusion Participants Have Fused Billions of Dollars in Bitcoin Cash
10.5.2021
While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like...
Decentralized Exchange Uniswap Reveals Protocol Version 3 With New Automated Elements
25.3.2021
Roughly 28 months ago, the decentralized exchange (dex) Uniswap version one (v1) was released and then in May 2020, version two was launched with new features. The dex is by far the largest decentralized trading platform among its competitors, as the exchange swapped $7.1 billion during the last...
Want to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT Assets
17.3.2021
Non-fungible token (NFT) assets have taken the world by storm, as popular NFT artists are making millions from their blockchain-backed designs, music, and collectibles. As the trend continues to become more popular by the day, swarms of people are wondering how they can create their...
An Ethereum and Web3-Compatible Sidechain Is Coming to Bitcoin Cash
2.3.2021
On March 2, 2021, the average fee on the Ethereum network costs around 0.0083 ETH in gas or around $12.89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms. On February 23, however, crypto proponents were...
Ethereum-based social media project shuts down as ETH fees approach new highs
11.2.2021
Ether transaction fees increased by over 35,000% in the past year, forcing one social media tokenization project to close down
USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
25.1.2021
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using...
$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite ‘Insane’ Trading Fees
16.1.2021
During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the last 30 days, dex trade volumes have reached $39 billion in swaps. However...
ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark
10.1.2021
After the ether token surged past the $1,000 mark on January 3, the average transaction fee on the network similarly soared to a new all-time high (ATH) of $17.41, some 24 hours later. Although the average fee has since retreated, data on January 8 shows that the latest average fee at $9.79. This...
'Insane' ETH fees delay launch of Aavegotchi NFT game
5.1.2021
“Aavegotchi on L2 means no gas fees, faster transaction confirmations, and a great gaming experience," said the project
Ethereum User Spends $9,500 in Fees Sending Just $120 in an Error to Forget
8.11.2020
An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post...
Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline
26.10.2020
Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest. According to data by Bitinfocharts, it cost an average...
Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot
30.9.2020
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...
0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Will Spur DEX Trading
21.8.2020
Markets excited by the prospect of declining Eth fees may have caused a surge in 0x – an Ethereum-based DEX that will benefit from decongestion
Market Wrap: Bitcoin Slides to $11.8K; Uniswap at $7M in Monthly ETH Fees
18.8.2020
Bitcoin heads to bearish territory while the Ethereum blockchain’s gas fees continue to be pricey
Ethereum Hits 2-Year High, ETH Fees at All-Time High, Bitcoin Dominance Slips
14.8.2020
Ethereum (ETH), the 2nd largest cryptoasset by market capitalization, rallied in the last hours of Thursday, reaching a level last seen in August 2018, while transaction fees reached a new all-time high.
At pixel time (03:53 UTC), ETH trades at USD 421 and is up by 7% in a day and 6% in a week...
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
28.7.2020
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately...
Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain
26.6.2020
Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just...
Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall
16.6.2020
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),...
Real ETH Giveaways, Blackmaily ETH Fees, and 20 Crypto Jokes
13.6.2020
This weak, we started a very REAL ETH giveaway. Speaking of ETH, two all-time high ETH transaction fees were paid, becoming more mysterious and blackmaily with the third. Meanwhile, Steve Hanke explained why private currency boards are better than central banks for a free society. While Maker...
Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction
11.6.2020
History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2.6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth about $86,400 and paid 10,668 ETH, or $2.6 million, in transaction fees....