Tag: ethereum gas fees

Jun 14 2022

Bitcoin & Ethereum Fees Jump Up As Holders Rush To Sell

Jun 14 2022 Published at Bitcoinist.com under tags  bitcoin bitcoin fees btc btcusd eth

Data shows both Bitcoin and Ethereum have observed a spike in the transaction fees over the past couple of days as holders have rushed to sell amid the crash. Bitcoin & Ethereum Transaction Fees Shoot Up The "transaction fees" is an amount that users making transactions on the network have to pay in order to send the transfers through. Depending...

Jan 20 2022

Ethereum May Be Losing Out To Competitors Due To High Gas Fees, Says JPMorgan

JPMorgan has piled on the ethereum high gas fee issue as a reason why it could end up losing out to competitors like Solana and Cardano. These other projects past significantly fewer transaction fees than ethereum, being one of the major pull points for investors. Due to this, it is increasingly losing users to other platforms who have found they can carry out...

Dec 30 2021

Gas DAO drops GAS tokens, becomes gas guzzler of the day

Dec 30 2021 Published at CryptoSlate under tags  dao ethereum ethereum gas fees gas gas fees

Gas fees, the fees users pay to transact and to use applications on the Ethereum blockchain, has been on the rise for quite some time, both in monetary terms and in terms of the ire of the users. However a sign of the popularity of the second-largest blockchain by market cap, few enjoy paying the fees required. To that end, a newly formed...

Nov 29 2021

Ethereum Founder Puts Forward New Fix For High Gas Fees

Surging Ethereum gas fees have been a cause for alarm among investors who had found themselves paying significantly higher fees to carry out transactions on the blockchain. Increased network usage was the obvious culprit for this but fees remain high enough that investors have called for fixes to enable them to continue using the blockchain. These high fees have been one of the...

Sep 27 2021

Bitfinex fat-fingers $23 million fee for a $100k transfer on Ethereum

Sep 27 2021 Published at CryptoSlate under tags  bitfinex ethereum gas fees exchanges

According to available data on Etherscan, Bitfinex paid 7,676.6 Ethereum (worth $23.3 million) to move just $100,000 worth of USDT to DeversiFi’s wallet, a decentralized exchange related to it. Bitfinex spends over $23...

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