In a significant development for Ethereum, the average gas fee on the network has dropped to 6.8 Gwei, marking the lowest level since January 2020, as shown by YCharts. This decrease in gas fees has made all on-chain operations, including asset swaps, cross-chain bridging, and non-fungible token (NFT) minting, considerably more affordable for users. Ethereum […]
On-chain data shows the Ethereum transaction fees is now at its lowest since October 2023. Here’s what it could mean for the cryptocurrency. Ethereum Transfer Fees Has Recently Plunged To A Low Of $1.12 According to data from the on-chain analytics firm Santiment, the average fee on the Ethereum network has dropped to low levels […]
Ethereum Insider Steven Nerayoff has threatened to release more evidence on the alleged irregularities involving the network. His comment suggests that this evidence could have far-reaching consequences as it will expose “criminals on a magnitude that is unprecedented.” Nerayoff Promises To Expose Criminals Posed As Altruists Nerayoff stated in an X (formerly Twitter) post that […]
Ethereum and its founders have been the target of various accusations in the last couple of weeks ranging from fraud to the blockchain being run by the Chinese. On-chain investigator Boring Sleuth has been one of the most vocal when it comes to Ethereum founders’ alleged wrongdoing, tying the network to the Chinese. The most […]
In a groundbreaking experiment, Mario Havel, a protocol supporter and researcher of the Ethereum (ETH) Foundation, has achieved the synchronization of an ETH node on an unlikely device – a PlayStation 4 gaming console. According to a recent post, Havel’s journey began with delving into “PlayStation jailbreaking,” where he discovered vulnerabilities in older PlayStation 4 […]