User Pays $105,000 Fee for $10 Bitcoin Transfer
On November 11, an unidentified market participant inadvertently paid a $105,197 fee while transferring $10 in Bitcoin.News about fees in cryptocurrency blockchains.
User Pays $105,000 Fee for $10 Bitcoin Transfer
On November 11, an unidentified market participant inadvertently paid a $105,197 fee while transferring $10 in Bitcoin.
Ethereum Activity Surges Amid Record Low Gas Fees
Despite increased on-chain activity, Ethereum fees remain near historical lows. On October 26, transaction costs were 0.16 gwei.
Hyperliquid and BNB Chain Surpass Solana in Fee Volume
At the start of the year, Solana accounted for over 50% of fees among L1 networks. By October, this figure had fallen to 9%.
BNB Chain to halve fees as it battles Base and Solana
BNB Chain validators have proposed lowering gas from 0.1 to 0.05 gwei and cutting block intervals from 750 ms to 450 ms.
Justin Sun Announces 60% Reduction in TRON Network Fees
On August 29, voting concluded on a proposal to reduce TRON network fees by 60%. The majority supported the initiative.
Bitcoin Miners’ Fee Revenue Share Drops Below 1%
Since the beginning of June, miners of the leading cryptocurrency have earned approximately $7 million from fees, accounting for just 0.97% of the total revenue of $722.8 million. Data: The Block. This figure could potentially reach its lowest point since January 2022, noted TheMinerMag. By mid-month, the share of network fees in revenue had fallen […]
Ethereum Fees Plummet to Five-Year Lows
Amid sluggish on-chain activity, the average transaction fee for the world’s second-largest cryptocurrency by market capitalization has fallen to levels last seen in May 2020.
User Pays $59,204 in Bitcoin Transaction Fees by Mistake
An unidentified user inadvertently paid approximately 0.75 BTC (~$59,204) in fees while attempting to replace an already sent but unconfirmed transaction with a new one at a higher value. ? A user mistakenly pays $60,000 in fees A Bitcoin user accidentally paid around 0.75 BTC (approximately $60,000) in transaction fees due to a mistake during […]
Vitalik Buterin, Justin Drake, and Other Developers Discuss Ethereum’s Future
Leading researchers from the Ethereum Foundation (EF), including Vitalik Buterin, Justin Drake, and Dankrad Feist, addressed questions on scaling, L1 revenue, and security during an AMA session. The discussion occurred against the backdrop of Aya Miyaguchi stepping down as the organisation’s executive director due to community pressure over recent months. She will continue as EF’s […]
TRON runs hot: how to cut USDT transfer fees
In January 2025 Justin Sun said that the TRON team was working on feeless USDT transactions, but did not specify a timeline for implementing the idea. According to GasFeesNow, fees for USDT transfers on TRON remain the highest. In this article, together with the G-24 wallet team, we explain how to cut costs by up […]We use cookies to improve the quality of our service.
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