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Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
20.10.2022
Web3 security firm Supremacy highlighted Etherscan transaction history that showed the hacker(s) were able to swipe 204 ETH in gas fees so far, worth roughly $259,800
Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer
11.10.2022
26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75...
Downsides of Proof-of-Work and Proof-of-Stake, explained
14.9.2022
Not all consensus mechanisms are born equal — and the differences between major blockchains can have a huge effect on gas fees and transaction speeds
Bitcoin, Ethereum Technical Analysis: ETH Below $1,900 as Ethereum Foundation Comments on Gas Fees
18.8.2022
Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge. It was recently rumored that the move will reduce gas fees, however these claims were somewhat dismissed. Bitcoin was also lower, as it continued...
Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees
17.8.2022
The Merge will still reduce the network's energy consumption by an estimated 99.5%
Reddit partners with FTX to enable ETH gas fees for community points
9.8.2022
With the new integration, Reddit users will be able to purchase Ether from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay
For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020
7.8.2022
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end...
While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
31.7.2022
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5...
Ethereum Name Service registrations surge by 200% amid lower gas fees
6.7.2022
ENS domain registrations went from 11,042 to 29,727, as the domain “000.eth” was bought for 300 ETH
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....
OpenSea announces migration to Seaport protocol
14.6.2022
The firm estimated that users can save 35% on gas fees with newly optimized transaction efficiency
$72M Illuvium NFT Land Dutch auction saves buyers thousands on gas fees
8.6.2022
The use of a Dutch auction on its own chain may be two major factors that contributed to the sale’s success in selling out the Land plots and keeping gas fees low
SwissBorg, towards mass crypto adoption… without the gas fees!
3.6.2022
Swissborg has a very large French user base, over 170 000 users. It’s the reason why French was the first language we translated our app to, because we understand the importance of making investment decisions in your own language.
Our team also has several French members like our founder Cyrus...
First Mover Asia: Bitcoin Jumps Above $31K; Ether Gas Fees Drop
31.5.2022
Crypto analysts are starting to ask if the market is finding a bottom after the latest downdraft
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
30.5.2022
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even...
Ethereum’s popularity 'a double-edged sword’ — a16z's State of Crypto Report
18.5.2022
“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...
Will the Ethereum 2.0 update reduce high gas fees?
14.5.2022
Ethereum’s gas fees have long been an issue among its users. Will Ethereum 2.0 finally eliminate this problem?
BOBA Token Can Now Be Used to Pay Gas Fees
12.5.2022
The BobaDAO proposed a governance protocol to allow gas fee payments in BOBA tokens earlier in April. As surprising as it may seem, the decision got a whopping million BOBAs voting in favor of it while not a single vote was cast against it. Now, the network has moved forward with the decision after...
Polygon reaches level that last time triggered a 275% MATIC price rally — will history repeat?
10.5.2022
MATIC has rebounded sharply after testing the July 2021 support level, borrowing further upside cues from Polygon's partnership with Meta