gas
New ERC-20 token VMPX triggers Ethereum burn spike, consumes $3M in gas fees in 24 hours
DeFi
July 6, 2023
New ERC-20 token VMPX triggers Ethereum burn spike, consumes $3M in gas fees in 24 hours
VMPX, a newly launched ERC-20 token, is responsible for over 30% of all Ethereum (ETH) burns in the last 24…
Crypto Assets Flow From Ethereum To BSC, Are Users Escaping High Gas Fees?
Ethereum
May 17, 2023
Crypto Assets Flow From Ethereum To BSC, Are Users Escaping High Gas Fees?
There is a substantial flow of assets from Ethereum to the Binance Smart Chain (BSC), according to data from Cryptoflows.…
MEV bot responsible for 7% of total gas on Ethereum network in 24 hours
DeFi
April 19, 2023
MEV bot responsible for 7% of total gas on Ethereum network in 24 hours
MEV bot “jaredfromsubway.eth” is responsible for 7.26% of the total gas spent on the Ethereum (ETH) network in the last…
Ethereum gas usage by stablecoins, DeFi, NFTs, and ERC -20 contracts
DeFi
September 12, 2022
Ethereum gas usage by stablecoins, DeFi, NFTs, and ERC -20 contracts
Gas fees refer to the cost of conducting a transaction or executing a contract. For example, this could take the…
The Upcoming Merge Will Not Reduce Gas Fees, Clarifies Ethereum Foundation
Ethereum
August 17, 2022
The Upcoming Merge Will Not Reduce Gas Fees, Clarifies Ethereum Foundation
There are likely to be rumors and misconceptions about the Ethereum Merge because it is one of the most anticipated…
Ethereum Merge will not reduce gas fees, DeFi researcher says
Ethereum
July 15, 2022
Ethereum Merge will not reduce gas fees, DeFi researcher says
DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereum’s (ETH) anticipated Merge would not bring down the…
Ethereum Gas Fees Falls To Record Low, Price Consolidates Around $1,000
Ethereum
July 4, 2022
Ethereum Gas Fees Falls To Record Low, Price Consolidates Around $1,000
After reaching a level last seen in November 2020, the average Ethereum gas fee is now below $1. Ethereum Gas…
Ethereum Gas Fees Touch New Lows, What’s Ahead For Ethereum
Ethereum
May 28, 2022
Ethereum Gas Fees Touch New Lows, What’s Ahead For Ethereum
Ethereum is one of the most widely-adopted cryptocurrency projects worldwide. Yet, it’s hated worldwide for its sky-high gas (transaction) fees.…
ExxonMobil is Mining Bitcoin With Natural gas
Bitcoin
March 25, 2022
ExxonMobil is Mining Bitcoin With Natural gas
The Bitcoin mining industry could be about to change for good as reports have emerged that a giant oil &…
Russia Could Be Willing To Accept Bitcoin Payments For Its Natural Gas
Bitcoin
March 24, 2022
Russia Could Be Willing To Accept Bitcoin Payments For Its Natural Gas
The fears of regulators around the world about Russia using Bitcoin to evade sanctions could be about to come true…