Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks Straight

Ethereum Network Fees Jump Above Bitcoin Transaction Fees for Two Weeks StraightThis week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days, Ethereum users have paid more to leverage the network than Bitcoin users. Digital currencies like bitcoin, ethereum, bitcoin cash, and […]

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Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether

Nightmare Come True: User Pays $2.6 Million Transaction Fees to Send $134 of EtherA record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent 0.55 ether, worth […]

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A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTC

A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTCJust recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin. A bunch of people got upset at the Tweet, including the crypto-pundit Tone Vays because they couldn’t deal with the fact that onchain bitcoin transactions […]

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Digifinex Live AMA Hosts Bitcoin.com Chairman – Roger Ver Talks Stimulus, Useful Cryptocurrencies, Coronavirus

On May 14, Bitcoin.com Executive Chairman Roger Ver sat down with Digifinex cofounder, Kiana Shek, for an ask-me-anything (AMA) session about the cryptocurrency ecosystem. Ver explained what he thinks about the central banks printing unlimited money, the government-induced lockdowns, and his opinions about certain cryptocurrencies like BTC, BCH, XRP, ETH, and more. Bitcoin.com Executive Chairman […]

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2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment

2 Days After the Bitcoin Halving: Network 'Remains Strong,' Higher Fees, Bullish SentimentOn May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially. Despite the rising fees, the research firm […]

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Where to Buy Bitcoin in India: Cryptocurrency Exchanges Lower Their Fees

Where to Buy Bitcoin in India: Cryptocurrency Exchanges Just Lowered Their FeesSince the supreme court lifted the RBI ban, more people have been looking to buy bitcoin and other cryptocurrencies in India. Responding to community feedback, a number of cryptocurrency exchanges have lowered their fees as the Indian crypto sector continues to grow. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars […]

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Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders

Crypto Mining Crunch Time - Bitcoin Halving Less Than 50 Days Away While Global Economy ShuddersOn or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then. This […]

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