Buterin Wants Ethereum 1.0 Gas Fee Upgrade Despite Beacon Chain Going Live
Ethereum co-founder Vitalik Buterin thanked everyone involved with the beacon chain upgrade, which went live yesterday. After years
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Election Bets Drive Fee Spike at Predictions Platform Polymarket
Decentralized predictions platform Polymarket has passed DeFi protocol SushiSwap to become the fourth-highest blockchain project in terms of fees generated.According to Cryptofees, the platform is averaging over $100,000 in daily takings and currently trails behind first-place Bitcoin, Ethereum (second) and DeFi protocol Uniswap (third).The rise is partly due to
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New Ethereum Fee Model Has Some Miners Crying Foul
Ethereum miners are signaling their disapproval of a technical proposal advocated by top Ethereum developers, a new survey shows.Eight of the nine mining projects partaking in a community survey on Ethereum Improvement Proposal (EIP) 1559 had a negative impression of the proposal, with seven of the nine saying they would
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Fintech Firm Fasset to Launch Zero-Trade Fee Crypto Trading Platform for Countries in the Gulf Region
A new cryptocurrency trading platform is gearing up to offer zero-fee trades to users in six countries in the Gulf Region. Announced on Thursday, the platform Fasset Exchange (FEX) has started sign-ups for its private beta and is planning a public rollout later this year. Source
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Ethereum Developers Weigh Gas Rule Change to Ease Fee Pressure
An Ethereum smart contract feature that offers rebates for fees has developers scratching their heads, wondering if they should toss the old code in light of an exponential rise in transaction costs. Called gas tokens, these smart contract loopholes are a way to send transactions on the cheap by “tokenzing” gas,
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Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage
Bitcoin took a dive Wednesday. Ethereum miners are benefiting from all that DeFi. Bitcoin (BTC) trading around $11,396 as of 20:00 UTC (4 p.m. ET). Slipping 4.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,159-$12,058BTC above its 10-day moving average but below the 50-day, a sideways signal for market technicians.Bitcoin trading
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Ethereum Miners Are Biggest Beneficiary of Increased Transaction Fee
With the increase in Ethereum blockchain activity and amid the growth of ETH price, Ethereum miners were reported to have earned $500,000 in transaction fees in one hour – the biggest amount recorded ever.Ethereum miners have lately been cashing out at a higher rate through the consumers’ transaction fee collection
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MetaMask Updates User License, Some Users Need to Pay Fee
MetaMask announced it had made updates to its products' use license.The company stated in a press release published on its blog that the new updates will not have any impact on all end-users, most application developers and non-profits and will be free of charge for those groups.The company clarified that
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$600k Extraction Fee for Carlos Ghosn Paid in Bitcoin via Coinbase
The son of ex-Nissan head Carlos Ghosn is said to have used the Coinbase platform to send funds in Bitcoin to two men to get his father out of Japan in December 2019.The escape of ex-Nissan chief executive Carlos Ghosn from house arrest late last year is alleged to have
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Carlos Ghosn’s $600K Bitcoin Escape Fee Paid Via Coinbase
Carlos Ghosn's son paid approximately 63 bitcoin, now worth $608,000, to the two men who smuggled his father out of Japan last December. Source
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