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Gas
Private Transactions Surge on Ethereum
A growing number of Ethereum users are choosing to transact privately on the blockchain, relying on so-called dark pools to avoid trading bots set up to front-run transactions. According to new research compiled by Blocknative, private transactions now account for about half of the total on Ethereum in terms of the total gas usage. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says
The fees represent a more than 95% drop from the 83.1 gwei levels in March, when the network saw a spike in activity.
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit.
Ethereum Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market
Users pay the fees, measured in fractions of ether (ETH) known as gwei, to execute transactions on the smart contract blockchain.
S. Korean Crypto Project Klaytn Will Offer Gas Fee Rebates to Gaming Firms
The Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform.
Ethereum Merge: What You Need to Know
Do you have any Merge questions? Here's our FAQ on the blockchain's coming overhaul.
Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes
The U.S. startup – which uses flared natural gas to power bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as investors.
Yuga Labs Refunds Gas Fees for Failed ‘Otherdeed’ Transactions
The firm behind the Bored Ape Yacht Club NFT collection is looking to make amends for its chaotic virtual land sale.
