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    Ethereum gas fees cool down after May memecoin frenzy

    Ethereum gas fees cool down after May memecoin frenzy

    The average gas fee — transaction fee — on the Ethereum network has cooled substantially in the first week of June after reaching a multimonth high in May, owing to the memecoin frenzy and much maximal extractable value (MEV) bot activities. The average gas fee has...
    Atomic Wallet hack losses top $35M, on-chain sleuth reports

    Atomic Wallet hack losses top $35M, on-chain sleuth reports

    At least $35 million worth of crypto assets have been stolen from Atomic Wallet users since June 2, according to an analysis from on-chain sleuth ZachXBT. The five largest losses account for $17 million. According to Atomic Wallet on Twitter, the cause of the attack...
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