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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...
DeFi Hype Has Sent Ethereum Fees Soaring to 2-Year High: Coin Metrics
22.7.2020
The knock-on effects of the DeFi hype include high fees and less active users on Ethereum, according to Coin Metrics
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...
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....
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...
Ethereum Tests 25% Capacity Increase as Network Fees Hit Bitcoin Level
19.9.2019
Ethereum tackles congestion with a gas limit increase