Blockchain Fees | ForkLog

ForkLog 14 06.07.2023

Bitcoin miners’ fee revenue rose by 270%

In the second quarter, Bitcoin miners earned $184 million from fees. The figure is 270% higher than in the prior period and exceeds the full-year 2022 figure, according to Coin Metrics.

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ForkLog 13 15.06.2023

The Graph project to migrate to Arbitrum

The decentralized data-indexing protocol The Graph announced its transition to the final stage of deploying Arbitrum's second-layer network.

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ForkLog 30 09.06.2023

Bedrock update halves fees on the Optimism network

The average transaction fee in the Optimism L2 network fell 56%, from $0.57 to $0.16, after the recent Bedrock update, according to the Dune dashboard.

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ForkLog 24 05.06.2023

Ethereum gas fees fall to two-month lows

The average daily gas fees on the Ethereum blockchain fell to April lows after the meme-token rally in May, The Block noted.

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ForkLog 7 02.06.2023

Uniswap community votes against liquidity-provider fee proposals

Members of the Uniswap decentralized-exchange community voted against proposals to introduce fees for using the protocol by liquidity providers.

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ForkLog 11 02.06.2023

TON Foundation proposes burning 50% of validator rewards

The TON Foundation proposed a deflationary mechanism that would burn 50% of validator rewards.

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ForkLog 23 01.06.2023

Total Bitcoin miners’ revenue in May topped $916 million

Total Bitcoin miners' revenue in May reached $916 million.

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ForkLog 20 29.05.2023

Fantom to return 15% of transaction fees to projects

The Fantom smart-contract platform has launched a program to incentivize network projects via gas fees.

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ForkLog 19 19.05.2023

Coin Cafe to pay $4.3m to settle with NY AG over investor deception

The cryptocurrency platform Coin Cafe, accused of deceiving investors through fees, will pay $4.3 million under an agreement with the New York State Attorney General's Office.

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ForkLog 24 16.05.2023

Hype around BRC-20 tokens drives surge in Bitcoin miners’ revenues

Daily Bitcoin miner fee revenue per block, for the fifth time in history, surpassed the block reward from mining (6.25 BTC). Glassnode analysts attributed the development to the increased issuance of BRC-20 tokens.

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ForkLog 11 09.05.2023

Trader paid $120,000 in fees to buy meme token FOUR

An unknown user spent 64 ETH (~$120,000) on gas to buy the meme cryptocurrency Four (FOUR) for 84 ETH (~$156,000).

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ForkLog 33 04.05.2023

Average Ethereum transaction fee hits May 2022 levels

Gas costs rose, pushing the average Ethereum transaction fee above $15.

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