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Ethereum Miners Collected 6 Times More Fees Than Bitcoin Miners + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news Ethereum (ETH) miners made a total of USD 166m from transaction fees in September, which is a new all-time high, as well as an increase...

Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain


Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with...

Party at Vitalik’s House? For DeFi, it’s Do-or-Die


Ethereum gas prices have set new records, with single DeFi transactions costing over $10 in fees. High fees are the result of congestion, as users pay ever higher fees to ensure their transaction gets into a block. As DeFi takes off, the price of gas on Ethereum threatens its future. Or does it?...

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...

Coinbase Pro Introduces Withdrawal Fee as Ethereum Fees Rise Further


After previously absorbing the cost of users making withdrawals of cryptoassets from Coinbase Pro, the US-based exchange has now told its customers that a withdrawal fee has been introduced for all cryptoassets. The move follows a large spike in transaction fees on the Ethereum (ETH) network, which...

Ethereum Fees Spike as Uniswap Launches Token


Today, the Ethereum (ETH) network got busier than usual as thousands of the Uniswap decentralized exchange users rushed to claim their share the DeFi protocol’s new governance token UNI. As announced on Uniswap’s blog, the UNI token went live yesterday, with 1 billion tokens minted at genesis....

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