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Mining Pool Distributes $2.4M Transaction Fee After Flood of Phoney Refund Claims
15.6.2020
Mining pool Ethermine said it would never freeze transaction fees again
BTC Transaction Fees Drop to Pre-Halving Level
15.6.2020
After a peak in transaction fees on the Bitcoin (BTC) network was seen less than a month ago, the fee paid to miners for processing transactions is now back at levels seen in April, a time well before the third halving in May.
On Sunday, June 14, the median BTC transaction fee was USD 0.205, or...
Bitcoin Transaction Fees Drop Under $1, Returning to April Levels
15.6.2020
After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56
Blackmail is Behind Multi-Million ETH Transfer Fees, Say Researchers
13.6.2020
Researchers have concluded that the recent Ether transfers that spent over $5 million in gas fees are the result of hackers trying to extort a compromised exchange
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...
Ethereum’s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by Hackers
13.6.2020
Hackers are holding an unnamed crypto exchange to ransom after an alleged cyber-attack forced the Ethereum blockchain to facilitate two separate transactions at a cost of $5.2 million in fees, new information suggests. The hackers may have gained access to the exchange’s funds but failed...
Vitalik Buterin Comments on Strange Transaction Fees
12.6.2020
Ethereum creator Vitalik Buterin says recent high fees could be blackmail
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....
Bitcoin Users Could've Saved Half a Billion USD in Fees - Report
11.6.2020
Network fees must be paid, but what if you don’t have to pay as much? Bitcoin (BTC) users could've saved around half a billion USD in network fees had there been a full SegWit and batching adoption, according to Bitcoin startup Veriphi.
Per Veriphi’s latest report, almost half a million blocks...
Another USD 2.6M Paid in Ethereum Fees - Many Doubt it's a Mistake
11.6.2020
Source: Adobe/djjeep_design
Another USD 2.6 million in fees was paid for a different Ethereum (ETH) transaction, and people are doubting that this is a mistake as previously thought.
The Cryptoverse was surprised by yet another small value sent with a dizzying fee within 24 hours. Compared...
Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
10.6.2020
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent...
‘Whale’ Just Sent $130 in Cryptocurrency With a $2.6M Transaction Fee
10.6.2020
The sender's identity isn't known, but their wallet still holds more than $11 million-worth of ether
A New Token Lets You Save on Ethereum Fees by ‘Storing’ Gas
8.6.2020
A new Ethereum “gas token” can help users save on fees by storing cheap gas in periods of inactivity, using a clever contract trick that refunds gas when freeing storage
Ethereum Topped Bitcoin In Network Daily Fees Over Weekend
8.6.2020
Daily Ethereum network fees have surpassed those of the Bitcoin network and the gap is growing, recent data suggests
A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTC
4.6.2020
Just recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin. A bunch of people got upset at the Tweet, including the crypto-pundit Tone Vays because they couldn’t deal...
Bitcoin Fees Fall 60% While Transaction Count Declines
30.5.2020
Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...
JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees
28.5.2020
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles...
Bitcoin Transaction Fees Decline as Network Congestion Eases
27.5.2020
After facing a heavy load of transactions earlier this month, bitcoin's network has returned to a more normal level, recent developments suggest
Report: High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India
27.5.2020
Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...