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Tag: Fees

$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months

March 21, 2022 wp-bot Bitcoin News, Blockchain

This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show

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Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z

March 18, 2022 wp-bot Bitcoin News

Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the

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Ethereum Gas Fees Hit 8-Month Lows As Price Continues To Struggle

March 15, 2022 wp-bot News BTC

Ethereum gas fee had run-up to some of the highest levels back in 2021. Mostly, this was caused by the growth of the decentralized finance

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Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer

March 8, 2022 wp-bot Bitcoin News

Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average

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Ethereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months

February 28, 2022 wp-bot Bitcoin News

It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was

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Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion

February 26, 2022 wp-bot Bitcoin News, Blockchain

Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the

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