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Ethereum user pays $430,000 in transaction fees for a failed payment

Ethereum user pays $430,000 in transaction fees for a failed payment

You’ve got to watch those darn Ethereum fees. Just weeks after DeversiFi’s slip up that saw it pay $23.7 million in a single transaction fee (which was luckily later returned by the miner), another large transaction fee has been spent by accident. And while the $424,000 is paltry compared with DeversiFi’s fee it’s still another …

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Crypto exchange Huobi to cease all mainland China user accounts

Crypto exchange Huobi to cease all mainland China user accounts

Huobi Global, one of the major crypto exchanges that cater to mainland China customers, has said it will suspend all China-based user accounts later this year. The exchange said in an announcement on Sunday that it has already discontinued account registration for new users in mainland China, effective on Friday, shortly after the People’s Bank …

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Aave grows as V2 features trigger increased user interest

Aave grows as V2 features trigger increased user interest

Decentralized Finance [DeFi] projects have been gaining momentum in the market alongside many other cryptocurrencies. Although Chainlink [LINK] has remained the largest DeFi project with $ 12.3 billion, Aave was following at third with a market cap of $6.1 billion, right after Uniswap. The project has been gaining increased interest as it released the Aave …

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