2 / 2 Relevant items tagged with #GasFees

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GRT Soars 13% As The Graph Prepares To Integrate Arbitrum

[Jun 14, 2023 2:30 PM] Recent reports reveal that the Graph, a platform used for indexing and querying blockchain data, is in the final stages of migrating to Arbitrum, a popular Ethereum layer-2 protocol. Following this announcement, GRT, the native token of the…

Crypto Assets Flow From Ethereum To BSC, Are Users Escaping High Gas Fees?

[May 17, 2023 9:40 AM] There is a substantial flow of assets from Ethereum to the Binance Smart Chain (BSC), according to data from Cryptoflows. Migration From Ethereum To BSC The shift to move assets from the legacy smart contracting network could be driven by the…

Anchorage Digital opens up DeFi voting for custody clients

[May 16, 2023 10:54 PM] Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot.

Worth it? Trader spends $120K on gas buying $155K worth of a memecoin

[May 8, 2023 6:50 PM] A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade.

Vitalik Buterin And Ethereum Foundation Selling ETH – Will Prices Fall?

[May 6, 2023 10:58 PM] Ethereum supporters are confident that prices will break the $2,000 level. However, recent moves by its founder, Vitalik Buterin, and the Ethereum Foundation, the team managing the smart contracting platform, raises concerns, especially from coin…

Subway-themed trading bot makes millions using ‘sandwich’ attacks

[Apr 19, 2023 11:33 PM] The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000.

NFT Marketplace Looksrare Launches Version 2, Cutting Protocol Fees by 75% and Introducing Bulk Purchases

[Apr 8, 2023 11:30 PM] Looksrare, the non-fungible token (NFT) marketplace, has launched version two, also known as v2, which reduces protocol fees by 75%. According to statistics from Dune Analytics, Looksrare was the tenth-largest NFT marketplace in terms of trader…

Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges

[Apr 6, 2023 8:30 AM] In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of…

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

[Feb 3, 2023 9:00 AM] Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s…

Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed

[Jan 14, 2023 8:38 PM] Polygon told Cointelegraph that the hard fork will take effect at block 38,189,056, which will be initiated without the influence of centralized actors.

Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product

[Dec 15, 2022 10:30 PM] As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption…