Category: BTC fee

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Bitcoin User Alleges Hack Linked to Erroneous 83.65 BTC Fee Incident

November 27, 2023

The crypto community was initially baffled by the massive fee of 83.65 bitcoin, originally attributed to a costly mistake. However, recent revelations paint a darker picture. According to a social media account on X called “@83_5BTC,” hackers stole the funds from the unnamed individual and immediately swept the bitcoin to a different wallet. Alleged Hacking…
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Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March

April 1, 2023

In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin…
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