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Fantom Blockchain to Return 15% of Gas Fees to Boost Network Usage – Here's What You Need to Know
30.5.2023
The Fantom (FTM) blockchain has introduced a new initiative called the "dApp Gas Monetization Program," aiming to reward projects that utilize its network and contribute to increased gas fee usage.
The new program, which recently received community support through a governance vote, seeks...
Should You Buy SOL? Solana Price Prediction Surges as SOL Blockchain Attracts a Wave of New Users Amidst High ETH Gas Fees
24.5.2023
Solana (SOL), a blockchain platform known for its scalability and low transaction fees, has recently gained significant attention as it attracts a wave of new users.
The surge in interest comes as Ethereum (ETH) gas fees remain high, prompting many users to explore alternative options.
The...
Solana Price Prediction as SOL Blockchain Sees Huge Surge in New Users Following Spike in ETH Gas Fees – Time to Buy?
17.5.2023
The Solana network, a layer-1 smart-contract-enabled blockchain protocol famed for its high transaction throughput and low gas fees, has seen a spike in daily users in recent weeks.
As per data presented by Token Terminal, the number of daily active users on the blockchain recently spiked to...
Anchorage Digital opens up DeFi voting for custody clients
17.5.2023
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot
Ethereum Price Prediction as Meme Coin Mania Pushes Gas Fees to 12 Month High – Is ETH Adoption on the Rise?
10.5.2023
Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, was last up a little over 1.0% on Wednesday in the $1,870 area.
The cryptocurrency derived a small intra-day boost from US Consumer Price Index inflation data that came in broadly in line with expectations...
Worth it? Trader spends $120K on gas buying $155K worth of a memecoin
9.5.2023
A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade
Subway-themed trading bot makes millions using ‘sandwich’ attacks
20.4.2023
The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000
NFT Marketplace Looksrare Launches Version 2, Cutting Protocol Fees by 75% and Introducing Bulk Purchases
9.4.2023
Looksrare, the non-fungible token (NFT) marketplace, has launched version two, also known as v2, which reduces protocol fees by 75%. According to statistics from Dune Analytics, Looksrare was the tenth-largest NFT marketplace in terms of trader count during the past week. NFT Market Protocol...
Crypto Wallet Giddy Lets Polygon Users Pay Gas Fees in USDC
2.3.2023
Wallet startup Giddy has a new "autogas" feature for easy onboarding into Polygon
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
3.2.2023
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar increase. As...
Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
19.1.2023
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023, the average fee to spend ether was around $2.93...
Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed
15.1.2023
Polygon told Cointelegraph that the hard fork will take effect at block 38,189,056, which will be initiated without the influence of centralized actors
Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product
16.12.2022
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains —...
Coinbase claims Apple blocked wallet app release over gas fees
1.12.2022
The platform said Apple wanted Coinbase Wallet to disable NFT transactions, introducing “new policies to protect their profits at the expense of consumer investment in NFTs."
Ethereum Gas Fees Skyrocket 10x Amid On-Chain Panic – Here’s What You Need to Know
9.11.2022
Ethereum network fees skyrocketed tenfold to as much as 318 Gwei on November 8 with a simple transaction nearing the level of $10 at one point. This, paired with the ongoing crypto market crash, has triggered a decrease in the coin’s price to below the level of $1,200. The prices of other tokens...
Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants
8.11.2022
Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions
Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
20.10.2022
Web3 security firm Supremacy highlighted Etherscan transaction history that showed the hacker(s) were able to swipe 204 ETH in gas fees so far, worth roughly $259,800
Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer
11.10.2022
26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75...
Downsides of Proof-of-Work and Proof-of-Stake, explained
14.9.2022
Not all consensus mechanisms are born equal — and the differences between major blockchains can have a huge effect on gas fees and transaction speeds
Bitcoin, Ethereum Technical Analysis: ETH Below $1,900 as Ethereum Foundation Comments on Gas Fees
18.8.2022
Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge. It was recently rumored that the move will reduce gas fees, however these claims were somewhat dismissed. Bitcoin was also lower, as it continued...