Atari founder's new firm, Moxy, partners with Skale Labs to save $3.5M annually on gas fees for blockchain gaming.
An MEV bot took a $11.9 million flash loan for a sandwich attack, yielding only $20 profit after gas fees.
Ethereum's price has dropped below $3,000, currently trading around $2,679. Gas fees hit a record low, leading to less ETH being burned. Total supply has been rising since April 2024. Global Ethereum ETFs saw minor inflows last week.
An Ethereum user mistakenly paid $90,000 in gas fees for a $2,200 transaction due to current low gas prices, which should have cost around $5.
A cryptocurrency investor accidentally paid $90,000 in gas fees for an Ethereum transaction worth $89,200, as revealed by DeFiac on X and confirmed by Etherscan data.
The W5 Wallet eliminates gas fees, making seamless and cost-free Web3 transactions possible.
Shibarium faces a 75% drop in activity due to rising gas fees, with active accounts falling from 657 to 168 in 24 hours.
Consensys has rolled out Smart Transactions for MetaMask, which aims to improve transaction success and lower gas fees while offering MEV attack protection for Ethereum users.
Ethereum has experienced a 100,000 increase in supply, raising questions about its deflationary model due to reduced gas fees.
Ethereum blockchain struggles with scalability, leading to network congestion, slow transactions, and high gas fees. This affects user experience and limits network capacity, and might contribute to its performance lagging behind Bitcoin.
Ethereum experiences a significant 93% decrease in transaction fees, achieving the lowest cost since early 2020, which makes it more accessible for users and developers but warrants cautious optimism from experts.
The Dencun upgrade has lowered Ethereum's gas fees to their lowest in four years, but it has also resulted in less ETH being burned, contributing to inflationary pressure on the network. Meanwhile, Ethereum's price has experienced downward pressure, dropping to $2,900.
Ethereum (ETH) experienced a decline in gas fees to the lowest since January 2020, at 6 Gwei, due to the Dencun upgrade and reduced on-chain activity.
Ethereum's average gas fee has dropped to 6 Gwei, a level not seen since January 2020, resulting in highly affordable on-chain operations. However, there is skepticism about the sustainability of these low fees.
Ethereum recorded its lowest ETH burn rate in 2024 on May 5th with only 610 ETH burned, linked to a reduction in network fees, which currently stand between 5 and 10 gwei.
Ethereum's daily ETH burned has hit a yearly low, attributed primarily to a decrease in gas fees.
Shibarium, the layer-2 solution of Shiba Inu, has successfully completed a hard fork, leading to faster transactions and lower, predictable gas fees for users.
Ethereum experiences a price surge as transaction (gas) fees fall to a six-month low, potentially marking a positive shift for its market value and regulatory stance.
