Soaring Ethereum Fees Could Cause A Gloomy Future For The Altcoin
Ethereum has been a stand out star in the crypto market in 2020. Even with the recent over
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Fees
Buterin, Ethereum Developers Focus on Congestion as Fees Spike Over 600% in 1 Month
Median fees have spiked nearly 900% since Aug. 2. Source
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Ethereum Miner Profitability Soars as Transaction Fees Hit Fresh All-Time Highs
Demand for the Ethereum blockchain has been rising at a rapid pace throughout the past several weeks and
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Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier
Average Ethereum transaction fees reached $10.33 on Tuesday. Source
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No End in Sight For High Ethereum Gas Fees
Mid-August saw total Ethereum gas fees top a record $8.6 million in one day. Following a brief respite, which
Read MoreDon’t just blame DeFi for paying high ETH gas fees
Transaction costs on the Ethereum blockchain are at record highs, and no one will let you forget it. Reports often detail how decentralized finance platforms are the cause of ever-rising gas fees — tokens paid to miners who confirm and enable transactions on the Ethereum blockchain. Yes, DeFi does play
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BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb
Historic fee pressure plaguing the Ethereum blockchain is forcing one of decentralized finance’s (DeFi) hottest projects to consider swapping tires while driving. Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain due to heightened fees, according to CTO Ben Chan
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0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Will Spur DEX Trading
Markets excited by the prospect of declining ETH fees may have caused a surge in 0x, an Ethereum-based DEX that will benefit from decongestion. Source
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Blockchain Bites: Ethereum’s Fees, Bitcoin’s Pullback, Ren’s Great Week
BlockFi has raised a Series A, B and C within a 12-month span, an ICO’s investors can’t find the people they’re trying to sue and stablecoin demand may become unbalanced by traders ditching a “market-neutral strategy.” You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto
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OMG Price Doubles as DeFi and Record Ethereum Fees Create ‘Perfect Storm’
The native token for OMG Network has more than doubled in the past week as record Ethereum fees lead some investors to look to layer-2 solutions. Additional reporting by Omkar Godbole. CORRECTION (Aug 20, 09:30 UTC): A previous version of this article referred to OMG Network by its old name OmiseGo, this
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