Ethereum developers launch “pump the gas” campaign to raise gas limit

2024-3-22 14:44

Core Ethereum developers have started the “pump the gas” campaign to raise the blockchain’s gas limit from 30 million to 40 million. The initiative aims to reduce transaction fees on its primary layer by 15% to 33%, as announced on…

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gas million ethereum limit raise pump developers

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Источник: btcmanager.com

gas million → Результатов: 87

Ethereum core devs campaign for gas limit raise to 40 million

The Ethereum core developers behind this campaign claim that the goal of raising the has limit is to reduce transaction fees on L1s.

2024-3-21 10:37	Layer 2
ethereum limit campaign core raising transaction l1s

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Gas Hero Unveils Airdrop: 25 Million GMT for Gamers

Gas Hero marks its launch with a generous 25M GMT token airdrop to its community, highlighting commitment to a player-centred Web3 ecosystem. The post Gas Hero Unveils Airdrop: 25 Million GMT for Gamers appeared first on NFT News Today.

2024-3-19 19:07	Gaming
gmt gas airdrop hero gamers unveils million

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Polygon’s NFT Landscape Booms with over $38 Million in January Sales

Polygon records over $38 million in NFT sales in one week, driven by the Gas Hero game collections, surpassing Ethereum's 24-hour sales. The post Polygon’s NFT Landscape Booms with over $38 Million in January Sales appeared first on NFT News Today.

2024-1-9 13:19	Web3
sales nft million polygon landscape booms january

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Polygon NFT landscape has its historic moment, more inside

NFT sales worth more than $36 million were recorded on Polygon PoS in the last week. The driving force was the collections from Web3 game Gas Hero. Polygon's [MATIC] non-fungible token (NFThe post Polygon NFT landscape has its historic moment, more inside appeared first on AMBCrypto.

2024-1-9 22:30	NFT
polygon nft inside landscape historic moment hero

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Shibarium Hits Record 130 Million Inscriptions

Shibarium, the Shiba Inu's layer-2 solution, marks a significant leap with over 130 million inscriptions and the industry's lowest gas fees

2023-12-19 11:17
inscriptions shibarium million 130 fees industry gas

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200 Million NFTs Shift from Ethereum to Enjin Blockchain

Enjin transfers 200M NFTs from Ethereum to own blockchain. Enjin's move offers new features, reducing gas fees for users and broadening gaming. The post 200 Million NFTs Shift from Ethereum to Enjin Blockchain appeared first on NFT News Today.

2023-12-12 03:49	Top Stories
enjin ethereum blockchain nfts shift 200 million

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AntPool to refund user with $3m gas fee if identity can be verified

Prominent Bitcoin mining pool AntPool has committed to refunding a record $3 million transaction fee, contingent on verification of the original owner's identity.

2023-12-1 23:39	Mining
identity fee antpool transaction committed million contingent

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AntPool to refund record $3.1M Bitcoin transaction fee after costly user mistake

Bitcoin (BTC) mining pool AntPool said it would refund 83 BTC, more than $3 million, an unknown user had paid as gas fees for a transaction, according to a Nov. 30 statement. On Nov. 23, CryptoSlate Insight reported that BTC block 818,087, mined by AntPool, had seen fees exceeding 85 Bitcoin.

2023-11-30 16:14	BTC
bitcoin antpool btc fees nov user had

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Bitcoin (BTC) Gas Skyrocketing as Trader Spends $3.14 Million in Fees

Bitcoin (BTC) just recorded massive 83.65 BTC gas, what's happening?

2023-11-23 15:56
btc bitcoin gas massive recorded happening million

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Tron DAO Earns $96.74 Million Revenue Mostly From USDT Transfers

In the last 30 days, Tron, a smart contract platform, generated $96.74 million in revenue from on-chain transactions, mainly from USDT. According to data shared on November 8 by @MorenoDV_ on X, there were 59 million transactions posted in the last 30 days on Tron, with the average gas fee at around $1.52. Out of these […]

2023-11-9 06:00	USDT
million tron days transactions revenue usdt average

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Ethereum Layer-2 Booming: Will Gas Fees Drop Even In A Bull Market?

The adoption of Ethereum layer-2s is on the rise if Token Terminal data shared on November 6 is anything to go by. According to statistics from the blockchain analytics platform shared by Erik Smith, the Chief Investment Officer (CIO) of 401 Financial, the average active addresses over the past three months has exceeded 10 million, a nearly 2X expansion from early 2023.

2023-11-7 03:00
shared ethereum officer cio 401 nearly expansion

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PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report

PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.

2023-10-23 17:17	Digital Yuan
crude oil petrochina e-cny shanghai exchange gas

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How Ethereum's integration with Visa can ease things for ETH holders

Visa aims to make Ethereum transactions easier with its new solution. ETH has reportedly settled 33 trillion worth of transactions as compared to Visa's 11 million. Ethereum gas fees have beThe post How Ethereum's integration with Visa can ease things for ETH holders appeared first on AMBCrypto.

2023-8-12 23:30	News
visa ethereum eth holders transactions things ease

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Ripple invests in $54M round for AI-metaverse firm Futureverse

Ripple invested in the $54 million series A round for Futureverse. 10T Holdings led the funding round, which Futureverse says will go into scaling AI and metaverse technologies. Ripple has integrated Futureverse blockchain The Root Network and will see use of XRP as gas token.

2023-7-19 20:34	XRP
futureverse ripple round integrated technologies metaverse blockchain

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FTX Loses Over 100 Million XEN and 81 ETH in a Hack

Massive Gas theft on the crypto exchange platform, FTX Exchange, as hackers mint XEN token 17,000 times at zero cost.

2022-10-13 16:30
xen exchange ftx hackers mint platform token

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XEN crypto down 39% as it suffers multiple attacks

The newly launched XEN Crypto is down 39% in the last 24 hours after a user found a way to mint over 100 million tokens on FTX without paying any gas fees. The post XEN crypto down 39% as it suffers multiple attacks appeared first on CryptoSlate.

2022-10-13 13:15
xen crypto down attacks multiple suffers without

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This Token Guzzled 42% of Ethereum Gas in the Past 24 Hours

Crypto project XEN has burnt $1.85 million in ETH in the past 24 hours, but some in the crypto community warn that it could just be a pump-and-dump scheme. The post This Token Guzzled 42% of Ethereum Gas in the Past 24 Hours appeared first on BeInCrypto.

2022-10-10 09:42
past hours crypto ethereum token guzzled gas

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Vespene Energy Raises $4.3M to Turn Methane From Landfills Into Sustainable Bitcoin Mining

Vespene Energy has received $4. 3 million in funding from Polychain Capital and others to continue converting methane gas from landfills into power for bitcoin mining. The post Vespene Energy Raises $4.

2022-8-10 00:00
vespene energy landfills mining bitcoin methane raises

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US-Based Crusoe Energy To Use Flared Gas In Oman For Bitcoin Mining

US-based firm Crusoe Energy has signed a deal with the Oman Investment Authority (OIA) to use stranded natural gas in the Middle East country to power crypto mining. According to a report by Bloomberg, the deal came after the authority acquired a stake in the US Company as part of an April $350 million in […]

2022-6-2 12:38	Cryptocurrency News
oman deal mining us-based gas energy crusoe

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Amidst Ethereum's deflationary shock, gas fees reach startling levels

The launch of NFT virtual land deeds for Yuga Labs’ Otherside, based on the Bored Ape Yacht Club- remained the largest NFT drop to date. It yielded over $900 million in total sales volume as a roariThe post Amidst Ethereum's deflationary shock, gas fees reach startling levels appeared first on AMBCrypto.

2022-5-3 21:30	News
ethereum amidst nft levels startling deflationary shock

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BAYC Otherside sales cost $100M in gas fees unnecessarily due to badly optimized code

Syndicate DAO co-founder Will Papper said on May 1 that inefficiencies in the Yuga Labs Otherside land sale caused $100 million to be needlessly wasted on gas fees. The post BAYC Otherside sales cost $100M in gas fees unnecessarily due to badly optimized code appeared first on CryptoSlate.

2022-5-3 22:45	Wallets
gas fees otherside badly optimized bayc code

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2,000% of Ethereum's Hourly Issuance Burned as Gas Price Skyrockets

2,000% of the hourly issuance on the network burned, making around $80 million for Ethereum miners

2022-5-1 17:15
burned issuance hourly ethereum around miners making

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Flared Gas Bitcoin Mining Pioneer Crusoe Energy Raises $505 Million

Crusoe Energy raised $505 million in a series C round led by G2 Venture Partners to help the miner expand and diversify its energy sources.

2022-4-22 19:06
energy crusoe 505 million help venture partners

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Exxon Mobil Is Starting to Burn Excess Gas to Mine Bitcoin

Super Gassy Instead of simply burning excess natural gas for no reason and wasting it completely, Exxon Mobil is making a change we’re not entire sure is an improvement – they’re taking that “extra” 18 million cubic feet of gas per month and using it to power crypto mining facilities. The oil giant reached an […]

2022-3-26 20:14	the digest
gas exxon mobil excess improvement million extra

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Someone Just Paid $553,000 in Gas Fees for Tubby Cats NFT Mint

Someone has paid half a million dollars in Ethereum gas fees to mint NFTs

2022-2-23 23:29
fees someone mint gas paid million nfts

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Fat-fingered $22.5 million Ethereum gas fee returned to Bitfinex

The miner who received over seven thousand Ethereum as an incorrectly paid transaction fee has returned (most of) the funds. The post Fat-fingered $22.5 million Ethereum gas fee returned to Bitfinex appeared first on CryptoSlate.

2021-9-29 22:00	ethusd
fee returned ethereum fat-fingered gas bitfinex million

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Ether (ETH) Miner Returns Over 7,000 ETH Transaction Fee Paid in Error

Following a huge incorrect payment in gas fees made by Bitfinex, an Ethereum miner has refunded the overpaid transaction funds. Bitfinex Paid Over $23 Million for Ether Gas Fee According to blockchain data from Etherscan on Monday (September 27, 2021), one of the wallet addresses belonging to cryptocurrency exchange Bitfinex, paid 7,626 ETH, which atRead More

2021-9-29 22:00	Ether
paid eth bitfinex ether gas fee miner

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Immutable X and Together Labs sign agreement to create and trade digital assets without gas fees

Immutable X, the first Ethereum-based (ETH/USD) layer-2 solution for NFTs and Together Labs, the parent company of IMVU, signed an agreement to allow one million users to take part in the dynamic NFT economy by creating and trading digital assets without gas fees, Invezz learned from a press release.

2021-9-29 18:01	NFTs
gas assets fees labs immutable digital without

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Bitfinex paid a colossal $23M fee to send $100K of USDT

In what is presumed as a technical error, popular crypto exchange Bitfinex paid a seismic $23.7 million dollars in a gas fee for a comparatively nominal $100K transaction.

2021-9-28 22:00
bitfinex 100k fee paid million seismic crypto

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Ex-fund manager pegs Bitcoin at $2 million by 2031. But that’s a $45 trillion market cap

Greg Foss, the Executive Director of Validus Power Corp, which uses flare gas to mine Bitcoin, lays out the case for a $2 million BTC price. The post Ex-fund manager pegs Bitcoin at $2 million by 2031.

2021-7-24 02:03	btcusd
bitcoin million 2031 ex-fund pegs manager flare

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Top Ethereum Mining Pools Increases Gas Limit to 15 Million (20% Increase)

Just as the Ethereum on-chain USD transaction fee hit its second-highest level in history this week at $47.3 million, miners have increased the gas limit from 12,500,000 to 15,000,000. The post Top Ethereum Mining Pools Increases Gas Limit to 15 Million (20% Increase) first appeared on BitcoinExchangeGuide.

2021-4-22 15:26	Ethereum (ETH)
limit million gas ethereum increase mining increases

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Immutable X Saves NFT Traders $1.3 Million in Gas Fees

Immutable X has announced that it has saved traders of NFTs over $1.3 million in gas fees. Thanks to its launch of Immutable X. The post Immutable X Saves NFT Traders $1.3 Million in Gas Fees appeared first on BeInCrypto.

2021-4-17 18:33
immutable gas million traders fees saves nft

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Polkamon IDO Recap: The Successes, $1 million in Gas Fees Paid, and Polkadot’s Growing NFT Scene

If the crypto and the NFT revolution won’t be televised, then it will be tokenized with a bit of blockchain provenance as sauce. And it is happening. A few block-buster NFT sales later, and the world is sensing yet another opportunity with Non-Fungible Tokens, NFTs, being the name of the game. It is interesting becauseRead More

2021-4-3 13:10
nft later world sensing yet sales block-buster

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First Carbon-Neutral NFT Scaling Platform Launched by Immutable X

NFTs on Ethereum use gas to mint them on its proof-of-work blockchain. Immutable X has found a way to offset this drain on resources through scaling. On March 30, BeInCrypto reported that over $1 million was spent in gas fees for the newly launched Polkamon NFT collection.

2021-3-31 11:24	NFT News
immutable launched gas nft scaling million reported

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Polkamon NFT Eggs Generate Over $1 Million in Gas Fees

Polkamon are animated digital collectibles that were created using unique NFTs. The platform announced an IDO (Initial DEX Offering) for a PMON token on the Polkadot-powered exchange, Polkastarter.

2021-3-30 09:53
polkamon ido platform dex announced offering polkadot-powered

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a16z Leads $25 Million Funding Round for Ethereum Layer-2 Scaling Solution Optimism

Layer-2 scaling solution for Ethereum – Optimism – has found a major backer in Andreessen Horowitz. Andreessen Horowitz Leads $25 Million Round The race to become the first Layer 2 scaling solution to fix the high gas fees woes for the largest smart contracts platform is heating up.

2021-2-26 20:00
scaling solution andreessen horowitz layer-2 optimism leads

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Ethereum Overload Costs Binance Nearly $10 Million in Gas Fees Last Week

This can be mostly attributed to the explosion of Decentralized Finance (DeFi), which enables users to conduct financial transactions without intermediaries. This has led to an astronomical Ethereum transaction fee increase, which recently topped an average of $20.

2021-2-18 12:30
ethereum transactions without intermediaries users conduct enables

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Ethereum Mining Revenue Hits All-Time High Alongside Gas Prices

Research by crypto analytics provider Glassnode has reported that on Feb. 5, Ethereum miners earned $3. 74 million in a single hour. This marks the highest ever hourly revenue for the network. The report added that the total mining revenue for the same day was over $55 million, another all-time high for Ethereum.

2021-2-9 09:23	Ethereum Price
ethereum revenue million mining high all-time hourly

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China Trials Its Central Bank Currency, The Digital Yuan, In Shenzhen’s Gas Stations

China’s Central Bank assists Shenzhen citizens in using its digital currency as payments to refuel their motor vehicles. The community in the tech hub of China (Shenzhen) received $1. 5 million in digital Yuan, airdropped to gear up the project, 11 gas stations are now accepting digital currency as payments, reported Economic Information Daily.

2020-10-18 17:41	CBDC
digital china currency shenzhen stations bank payments

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UniFi raises $1 million from Chain Capital, Consensus Labs and others

It looks like blockchain interoperability is trending again especially when several DeFi projects wanting to take advantage of Ethereum bridges to overcome high gas fees and network congestion. One suThe post UniFi raises $1 million from Chain Capital, Consensus Labs and others appeared first on AMBCrypto.

2020-10-12 17:01	DeFi
labs raises unifi consensus others million capital

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Uniswap Activity Sends Ethereum Gas Fees Sky High

The issue of high Ethereum gas prices isn’t going away anytime soon. Just last month, total daily fees on the Ethereum network managed to reach an all-time high of $8. 6 million. Following a brief respite from high charges, the latest data from coinmetrics.

2020-9-19 15:44	UNIUSDT
high ethereum fees gas all-time reach managed

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Uniswap UNI Pools Amass $750 Million in First 24 Hours

In the first 24 hours since Uniswap announced its native UNI token and liquidity mining rewards, its four pools have accrued over $750 million. UNI is the hottest thing in DeFi at the moment, so hot that it caused a gas price spike resulting in four-figure Gwei (gas) fees for transactions over the past day.

2020-9-18 09:30	Uniswap
uni uniswap gas hours pools 750 million

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Coinbase Pro passes gas fees to users as ETH miner revenue hits 5 year high

Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour.

2020-9-19 07:45
fees uniswap uni token following launch transaction

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Prosecutors Detail Russians’ Crypto Phishing Scheme in Forfeiture Suit

The alleged hackers also manipulated NEO's Gas market with a $5 million crypto infusion.

2020-9-18 19:11	CoinFlash
crypto neo manipulated gas infusion million hackers

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Uniswap’s UNI Mania Pushes Median ETH Gas Price to a Record 700 Gwei High

Today, popular decentralized exchange (DEX) Uniswap launched its governance token UNI and airdropped it to all those who provided liquidity to the platform before September 1st. UNI is currently the 36th largest cryptocurrency by market cap of $492 million, as per Messari, and is currently trading just under $3, down from its peak of over […] The post Uniswap’s UNI Mania Pushes Median ETH Gas Price to a Record 700 Gwei High first appeared on BitcoinExchangeGuide.

2020-9-17 17:53	Ethereum (ETH)
uni uniswap currently median mania high gwei

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Ethereum 2.0 Testnet Medalla Running Smoothly with 39,000 Active Validators & More in Queue

All is good for Ethereum right now. The second-largest network is working at full capacity, as evident from the skyrocketing gas prices and miners pulling in a whopping $113 million in transaction fees last month.

2020-9-1 21:24	Ethereum (ETH)
ethereum skyrocketing gas full capacity prices evident

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This Catalyst for Ethereum to Reduces its Supply While Creating More Demand

Over the weekend, the average gas price also jumped to 211. 89 Gwei, and the maximum gas price well above 1 million Gwei. Daily transaction fees on the second-largest network also jumped back to 16,600 Ether, which, after the mid-August YAM debacle, was keeping around 7.

2020-8-31 19:22	Ethereum (ETH)
gas jumped price gwei network back second-largest

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Uniswap traders have spent nearly $7 million in Ethereum fees

Ethereum DeFi fanatics on Uniswap, a decentralized exchange, have paid nearly $7 million in fees in the past month, as per data on Gas tracking site ETH Gas Station. The post Uniswap traders have spent nearly $7 million in Ethereum fees appeared first on CryptoSlate.

2020-8-23 16:00	trading
fees uniswap million ethereum nearly traders gas

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Ethereum Gas Price Hasn’t Been This High Since its Launch

The price of Ether is back to making its way to $400 level as it hovers around $391 in the green with just $840 million trading in the past 24 hours. The second-largest digital asset is up 200% YTD and about 290% since March sell-off.

2020-8-11 16:12	Ethereum (ETH)
price hours second-largest trading digital 840 past

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Bitcoin gas fees drop almost 10x after halving

The cost of sending transactions on Bitcoin declined nearly 10 times after an initial spike following the BTC halving last week.

Experimental Ethereum ERC-404 standard spurs competitor

DN-404 developers aim to solve gas complications inherent in ERC-404 but still regard the effort as a “gimmick” with user demand.

Ethereum gas fees drop to 2022 lows, ETH might be bottoming

The average gas fee on Ethereum stands at $1.13, the lowest since November 2022

Trader pays almost $120k in ETH as transaction fees rise

Gas fees on the Ethereum network seem to be high again after a trader paid 64 ETH worth around $120,000 for a single transaction.

2024-3-22 14:44

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