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Vitalik Buterin Proposes New EIP to Tackle Ethereum’s Sky-High Gas Fees


Ethereum (ETH) co-founder Vitalik Buterin has put forward a new Ethereum Improvement Proposal (EIP) that aims to tackle the network's gas fee problems by adding a limit on the total transaction calldata, which would, in turn, should reduce transaction gas cost.... Read More: Vitalik Buterin...

Crypto Donors Pay $1Million in Fees for a Failed Bid


A group of cryptocurrency donors had come forward to purchase a rare copy of the US Constitution. Not only did the group fail to proceed with the purchase, but it also was compelled to pay $1 million in fees. The group of around 17,000 crypto donors grabbed the limelight when they attempted to...

Ethereum Has Burned More Than a Million ETH Over the Last 3 Months


111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto asset ether deflationary. Since then 1 million ether has been burned or the equivalent of around $3.8 billion...

Ethereum Gas Fees Highest During US Business Hours, Coin Metrics Finds


Ethereum (ETH) fees are still on the rise, with no day so far in November seeing average transaction fees of less than USD 30. However, the fees vary significantly depending on the time of day transactions are made, opening up opportunities for savings, a new report from on-chain analytics firm...

American Crypto Bosses Face Congress Committee Grilling in December


“Several crypto CEOs” will be summoned to speak at a parliamentary hearing in the United States next month, according to the Blockchain Association, an industry group representing many of the nation’s top players. In a series of tweets from the association’s Director of Government Relations...

Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising


The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...

Ethereum Fee Debate Heats Up as Avalanche Enters and Exits Top 10


As AVAX, the native token of smart contract platform Avalanche, continued to soar in price over the weekend, a debate on the persistently high fees on the Ethereum (ETH) network is (re)heating up in the cryptoverse. The latest discussion on Ethereum and its fees started when Zhu Su, co-founder...

Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says


Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank...

EmiSwap on Polygon: Save Transaction Fees While Earning 365% Per Year


Introducing EmiSwap on Polygon EmiSwap, a cross-chain and audited AMM DEX with High APR, announced the integration of the platform with Polygon, the leading platform for Ethereum scaling and infrastructure development. One aspect of the integration is the release of a 365% APR airdrop campaign...

SHIB Listed on ChangeHero for Accountless and Limitless Exchange


PRESS RELEASE. ChangeHero instant cryptocurrency exchange listed SHIB on its platform. Customers can exchange SHIB against over 80 cryptocurrencies without an account. Now crypto enthusiasts can easily exchange or buy SHIB not only with Ethereum based tokens but also with cryptocurrencies...

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