Gas DAO drops GAS tokens, becomes gas guzzler of the day

Gas fees, the fees users pay to transact and to use applications on the Ethereum blockchain, has been on the rise for quite some time, both in monetary terms and in terms of the ire of the users. However a sign of the popularity of the second-largest blockchain by market cap, few enjoy paying the…

Bitfinex fat-fingers $23 million fee for a $100k transfer on Ethereum

Bitfinex fat-fingers $23 million fee for a $100k transfer on Ethereum | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitfinex › Exchanges Bitfinex carried out the transaction using the newly implemented EIP-1559 upgrade that was designed to push the gas fees of the network…