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Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows

Bitcoin.com
Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool Overflows
backlog
Bitcoin Community Divided: Scaling Challenges Trigger Intense Debate as Mempool OverflowsThis week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the mempool has hit an unprecedented high. Crypto enthusiasts have been sharing their diverse perspectives on the matter, leading to a flurry of takes across various […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days

Bitcoin.com
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
Average Fees
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 DaysStatistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number of inscriptions nearing 20,000. Rising Transaction […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days

Bitcoin.com
Stats Show Ethereum Transaction Fees Have Remained Under During the Last 175 Days
Altcoins
Stats Show Ethereum Transaction Fees Have Remained Under During the Last 175 DaysFees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23 per transfer. Ethereum gas metrics […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer

Bitcoin.com
Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing per Transfer
Altcoins
Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing per Transfer26 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 per transaction. Ethereum’s Average Gas Fees Jump Over 80% […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper

Bitcoin.com
Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper
bitcoin.com
Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% CheaperFollowing Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could cost 68 gwei or $2.97 per transaction, and today at $0.18, a high-priority ether […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel

Bitcoin.com
Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel
Altcoins
Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a NickelWith just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s gas tracking tool notes a priority fee will cost 11 […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020

Bitcoin.com
For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020
August 2022
For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020In 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 of July. At the time of writing, the […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low

Bitcoin.com
While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
Altcoins
While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain LowWhile 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 per transaction and on July 30, at 9 p.m. (ET), […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

Bitcoin.com
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
$POWER
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable EnergyAuthorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across Country Iran’s Ministry […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

Bitcoin.com
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below
Altcoins
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below 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 cheaper, as the […]
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

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