Polygon reaches new milestone of 7000 dApps, beats ETH's daily transaction volume

Layer 2 protocols aimed at bringing scalability to the ever-congested Ethereum network have been stealing the crypto show ever since the DeFi summer last year. One platform that especially stood out wThe post Polygon reaches new milestone of 7000 dApps, beats ETH's daily transaction volume appeared first on AMBCrypto.

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Avalanche (AVAX) About to Flippen Ethereum (ETH) in Transaction Volume

Avalanche has witnessed massive growth over the past several months

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Cardano Exceeds ETH in Transaction Volume, $40 Million Worth of XRP Withdrawn from Binance, XRP Army Gives SEC Hardest Fight: Crypto News Digest by U.Today

What’s new in the crypto industry? Read U.Today’s news digest to find out!

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Ethereum Fees Suggest DeFi Is Becoming The Playground Of The Rich

The high fees on the Ethereum network has become a concern after it had risen to the point where using ETH for small transactions became unfeasible. Users of the network realized that they were sometimes having to pay fees higher than the transaction amount, leading to calls for a solution. There have been numerous fixes […]

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21Shares lists Polygon ETPs, MATIC rallies by over 10%

Polygon (MATIC/USD), one of the layer-two solutions built on Ethereum (ETH/USD), is making major gains. The network seeks to offer scalability, which Ethereum users really seek, given the network’s rising fees and slow transaction processing times.

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Pangolin and Olympus partner for unique bonding program

Pangolin, a DEX for Avalanche (AVAX/USD) and Ethereum (ETH/USD) assets with low transaction fees, fast settlement, and democratic distribution, and Olympus have entered a formal partnership to create a unique bonding program and co-marketing push, Invezz learned from a press release.

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Celer’s cBridge passes $1B in transaction volume

Celer’s cBridge, the multi-chain network allowing affordable, instant value transfers into Ethereum (ETH/USD) and its Layer2s, passed $1 billion in assets and total cross-chain transaction volume, Invezz learned from a press release.

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EmiSwap offers liquidity providers 365% APR via Polygon integration

EmiSwap and Polygon (MATIC/USD) blockchain, the leading platform for Ethereum (ETH/USD) scaling and infrastructure development, announced an integration to reduce transaction costs without compromising output, Invezz learned from a press release.

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Ethereum to AVAX Bridge – How To Transfer Coins From ETH To Avalanche Blockchain

Avalanche blockchain is another one of those Ethereum killers that aim to solve what the Ethereum network is struggling with — scalability, transaction fees, and interoperability. Avalanche is taking a different approach by using three separate chains and claims to be “the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality”.

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CryptoPunks Owner Declines Record-setting $9.5 Million Offer, Explains Why 

Earlier today, the owner of the non-fungible token CryptoPunks #6046 declined a bid of $9. 5 million dollars in Ethereum (ETH), which would have been the highest on-chain NFT transaction to date. The bidder, who goes by an ENS of poap.

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Ether (ETH) Miner Returns Over 7,000 ETH Transaction Fee Paid in Error

Following a huge incorrect payment in gas fees made by Bitfinex, an Ethereum miner has refunded the overpaid transaction funds.  Bitfinex Paid Over $23 Million for Ether Gas Fee According to blockchain data from Etherscan on Monday (September 27, 2021), one of the wallet addresses belonging to cryptocurrency exchange Bitfinex, paid 7,626 ETH, which atRead More

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Bitfinex заплатила $23,5 млн за транзакцию в $100,000

Криптобиржа Bitfinex провела транзакцию с рекордно высокой комиссией на блокчейне Ethereum. В понедельник с кошелька Bitfinex на адрес дочерней DEX DeversiFiра прошла транзакция на $100,000 в Tether (USDT) с комиссией в $23,5 млн (7 676,61 ETH) At 11:10 UTC on the 27th September a deposit transaction was made using a hardware wallet from the main […] Материал Bitfinex заплатила $23,5 млн за транзакцию в $100,000 появился сначала на WHATTONEWS – Новости криптовалют.

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Miner Returns 7,626 ETH Wrongly Paid by Bitfinex

A monstrous network fee has been refunded by an Ethereum miner following an erroneous transaction by the DeversiFi decentralized exchange. The post Miner Returns 7,626 ETH Wrongly Paid by Bitfinex appeared first on BeInCrypto.

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Miner returns $22 million to ETH for erroneously taken fee on Ethereum network

Crypto exchange Bitfinex paid $23.7 million in ETH fees for transferring 100,000 USDT to a third-party wallet. The miner who included the transaction in the block and recorded it on the blockchain later returned $22.1 million to the sender's wallet.

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Why Bitfinex Paid $27 Million For An Ethereum Transaction

In just another Monday on Crypto, users reported that Bitfinex paid a single miner the astonishing sum of $23 million to validate an Ethereum transaction. In what could potentially be the largest fee an ETH miner has ever received to validate a block, the reasons behind it remain as pure speculation. The crypto exchange sent […]

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More Than 10,000 ETH Burned In 24 Hours Thanks to 2000 Gwei Transaction Fee

Almost $33 million worth of Ethereum has been burned in the last 24 hours

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More Than 100,000 ETH Have Been Burned Because of EIP-1559

The Ethereum network has burned 100,000 ETH worth of transaction fees

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Lido available in Ledger Live: bringing Ethereum staking within your reach.

Disclaimer: Ethereum staking service is operated by Lido. If you encounter any transaction related issues, please reach out to Lido. You expected it, we did it.  After making it possible to stake Polkadot, Tezos, Algorand, Cosmos and Tron, you can now safely stake your ETH directly through Ledger with our partner Lido. You can find […]

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Ethereum (ETH) Transaction Fee Increase Accelerates Gas Fee Burn Rate

The latest surge in Ethereum gas fees has significantly increased the rate of excess fee burn on the network, briefly making ether (ETH) a deflationary asset. At the time of writing more than 26k ETH has been burned.

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Ethereum is burning almost 2.3 ETH in transaction fees per minute

Ethereum recently implemented its London upgrade, which was one of the most anticipated improvements to its network. The reason for this is that the upgrade brought quite a few changes, but the biggest one is how it handles transaction fees.

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Concerns raised as $10 million in Uniswap tokens got sold after alleged ‘insider’ proposal

The new policy organization, DeFi Education Fund, focused on promoting decentralized finance (DeFi) education and advocacy were supported through the Ethereum (ETH) DeFi protocol Uniswap and it deployed half of the funds received from the protocol’s treasury in a single transaction.

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Ethereum Scaling Solutions Continue to Record User Growth in Ongoing Boring Market Condition

Amidst the growth of Polygon, Arbitrum, Optimism, xDai, and NEAR, the Ethereum hash rate is also recovering while the average transaction fee is under $2. 50 (0. 001 ETH), daily transactions keeping between 1-1.

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As BTC and ETH Pursue Multilayer Schemes, Elon Musk Says ‘There’s Merit to Doge Maximizing the Base Layer’

The CEO of Tesla, Elon Musk, is a fan of base layers when it comes to blockchain technology and on Friday, Musk explained there’s “merit” to the Dogecoin chain “minimizing transaction cost.

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Elon Musk Comes Out as Big Blocker

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Spot trading Ethereum or Shorting Ethereum, is there no in-between?

Ethereum is currently trading at the $2000 level based on the price data from coinmarketcap.com. ETH's price was increasing steadily; it is up over 8% in the past 24 hours. The transaction volume has The post Spot trading Ethereum or Shorting Ethereum, is there no in-between? appeared first on AMBCrypto.

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Exclusive: RAILGUN, Game Changer for Privacy on Ethereum Set to Launch Their Token RAIL on June 30th

Highly anticipated addition to the DeFi space Railgun set to release their token “RAIL” on June 30th. Railgun is a groundbreaking smart contract system that gives zk-snark privacy to any transaction or smart contract interaction on Ethereum, making its users untraceable when trading, using leverage platforms, or adding liquidity, with any dApp on ETH. Users […]

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XinFin Serves as an Alternative Solution for ETH Users

XinFin along with many other projects serves as an alternative to Ethereum transaction speed issue. Moreover, ETH is the first blockchain platform with smart technologies, and is now recognized as a frustrated platform.

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Developers Prefer XinFin as Alternate Solution for ETH’s Slow Transactions

Ethereum was launched in 2015, as the first smart blockchain contract. Earlier it costs about 1 cent to verify a transaction and as days pass by transaction fees are increased. As of now, crypto fans are moving towards alternate solutions as a result of Ethereum’s slow transaction speed.

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What does the the latest 'flippening' mean for Ethereum?

Binance Smart Chain has flipped Ethereum's on-chain activity, based on latest statistics from bscscan.com. These transactions, that would otherwise have been on Ethereum burning ETH in transaction feeThe post What does the the latest 'flippening' mean for Ethereum? appeared first on AMBCrypto.

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Ethereum fees skyrocket as a DOGE knock-off surges 32,500% in 30 days

The price of Shiba Inu (SHIB), a previously obscure token created to ape Dogecoin’s (DOGE) success, has surged by an astounding 32,500% over the past 30 days, resulting in a trading craze that congested Ethereum’s (ETH) blockchain and pushed transaction fees to prohibitively high levels yesterday.

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Solving DeFi Industry’s Liquidity Fragmentation and Clunky Protocol Interoperability

At the recent ETH Berlin upgrade on April 15, the gas limit size increased, necessitating a fall in transaction fees and heightened activities in Ethereum we see today. DeFi, which stands for decentralised finance, is the critical driver of activities on the network.

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BTC, ETH On-Chain Analysis: NVT Ratio Supports Market Growth

The NVT ratio supports the price increase in both ETH and BTC, indicating that it is a period of legitimate network growth. NVT calculation The NVT (Network Value to Transaction) is an indicator that describes the relationship between transfer volume and market capitalization.

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PancakeSwap (CAKE) hits 2 million daily transactions – topples Ethereum (ETH)

DeFi platform PancakeSwap (CAKE) is growing at an impressive rate in terms of daily transaction volume. The platform has done about 1. 9 million transactions within the past 24 hours, with $1. 7 billion trade volume and $9.

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Pancakeswap overtakes Ethereum (ETH) as CAKE hits record levels

Decentralized exchange PancakeSwap has recorded more than 2 million transactions within 24 hours, which has surpassed Ethereum’s 1. 55 million 24-hour transactions. The exchange has been growing steadily in daily transaction counts as users from Uniswap (UNI) were drawn to its cheaper transaction fees.

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What's next for Ethereum, Cardano, Vechain and Holo after their weeklong bullish streak?

The hottest altcoins based on trade volume and transaction data from the past 24 hours are HOLO, VET, ADA, ETH in that order. The price gain in the past 24 hours is 30.99% for Holo, double-digit gainsThe post What's next for Ethereum, Cardano, Vechain and Holo after their weeklong bullish streak? appeared first on AMBCrypto.

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BTCS Expands its Ethereum 2.0 Staking Operation to 200 Nodes

100 more nodes launched for a total of 6,400 ETH valued at approx. $11M now staked Silver Spring, MD – (Globe Newswire – March 11, 2021) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced it further expanded its transaction verification services operation on Ethereum […] The post BTCS Expands its Ethereum 2.

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An Ethereum and Web3-Compatible Sidechain Is Coming to Bitcoin Cash

On March 2, 2021, the average fee on the Ethereum network costs around 0. 0083 ETH in gas or around $12. 89 per transaction. Transaction fees of this caliber have dampened Ethereum-based decentralized finance (defi) applications and Web3 platforms.

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Ethereum (ETH) Mining Revenue Hits New All-Time High in February

This is nearly 65% more than the previous $829,56 million earned by ETH miners in the previous month.   Of the total revenue, transaction fees accounted for almost 53%, nearly $723 million. The remaining 47%, or $644.

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DeFi User Accidentally Pays $42k in Gas to Move Funds to Uniswap

In what will undoubtedly be the costliest Ethereum approval in February 2021, one user paid $42.2k in a single transaction to move funds from his USDC account to Uniswap V2 on Feb 23. The Error Coincidentally, this is when ETH prices toppled from their highs of around $1.8k, sinking to as low as $1.48k beforeRead More

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The Ethereum Conundrum: How long will users bear high transaction fees?

There are two kinds of people in the Ethereum network at the moment - The happy miner and the dissatisfied user. ETH miners have raked in more gas fees over the past few months than ever before, but oThe post The Ethereum Conundrum: How long will users bear high transaction fees? appeared first on AMBCrypto.

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Binance criticized for temporarily suspending ETH and ERC-20 withdrawals

The recent surge in cryptocurrency prices has led to an extraordinary increase in network fees from rising transaction volumes. As a result, the Binance exchange restricted withdrawals for Ethereum (ETH) and ERC-20 tokens.

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$36,000 Just Paid for One Ethereum (ETH) Transaction. See Details

While Crypto Twitter is discussing yet another bout of Ethereum (ETH) network congestion, one DeFi user showed what it really looks like to pay high fees

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Ethereum Developers Eye July for Gas-Saving EIP-1559 Launch

Ethereum Improvement Proposal (EIP) 1559 has been the most talked-about upgrade for the network since ETH 2. 0 was launched on Dec. 1, 2020. The EIP tackles the debilitating problem of high transaction fees which have strained the network in recent months.

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Ethereum-based social media project shuts down as ETH fees approach new highs

Ether transaction fees increased by over 35,000% in the past year, forcing one social media tokenization project to close down.

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Virtual Property Sells for $1.5M in Ether, Smashing NFT Record

The eye-popping 888 ETH virtual land sale is said to mark the largest NFT transaction of all time.

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Ethereum EIP-1559 Rollout Predicted to Send ETH Price to the Moon 

Ethereum experts have revealed that the implementation of the Ethereum Improvement Proposal (EIP) 1559 will significantly boost the price of ETH, in addition to slashing the current crazy transaction fees on the number one smart contracts blockchain, according to a Decrypt report on February 7, 2021.

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Liquid Temporarily Halts ETH and ERC-20 tokens Withdrawals Amid High ETH Gas Fees

Major Japan-based cryptocurrency exchange Liquid has temporarily suspended withdrawals for Ether (ETH) and ERC-20 tokens following a spike in the average ETH gas fees on the Ethereum network. High Transaction Fees Cause Suspension of ETH and ERC-20 Withdrawals Liquid announced the news of the suspension via its official Twitter handle on Thursday (Feb. 4, 2021).Read More

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Average Ethereum Fees in USD Hits New Highs; ETH Price & DeFi Tokens Launch into the Sky

It’s not just the price of Ether that hit a new all-time high at $1,700. The cost of using the network has skyrocketed as well, with the average transaction fee making yet another peak at $20. 63, as per Blockchair.

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UK Luxury Apartment Selling for Bitcoin (BTC) and Ether (ETH)

Brand Vaughan has listed a luxury apartment situated in Brighton, East Sussex for sale in bitcoin (BTC) or ether (ETH). If all goes as planned, the transaction could give further credence to digital currencies as a viable medium of exchange, according to a press release on January 28, 2021.

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