The v13 release is not just a release either, it is also our official announcement of participation in the annual #hacktoberfest. 💻🥨
We know that we're a few days late to the party, but v13 had to get ready before. 😉
This year, the fest is opt-in for projects and we definitely want to opt into taking part in this great event! If you ever thought about starting coding or giving back to your favourite open source repositories, now is the time! Head over to the hacktoberfest website to learn more about it.
We already prepared some issues on our repositories and aim towards opening more issues for starters, but feel free to begin a hunt for improvements and fixes by yourself!
🚀 Scroll Users Face Excessive Transaction Fees Due to Multiplier Increases
Scroll users incurred over $50,000 in additional transaction fees following six manual multiplier increases that elevated Layer 1 data charges to 1,280 times the original baseline. According to NS3.AI, L2BEAT reported that approximately 139,000 transactions were impacted over a span of roughly four days, with the baseline cost estimated at around $280. On April 9, the team reduced both multipliers by 160 times. Etherfi Cash bots contributed approximately $35,000 of the excess fees during etherfi's migration to Optimism.
#Scroll#TransactionFees#MultiplierIncrease#Layer1#L2BEAT#NS3AI#Etherfi#Optimism#Crypto#Blockchain#SCR
Justin Sun Transfers $245M in ETH
Justin Sun's team has transferred 70,182 ETH to HTX, valued at approximately $245 million. This includes 42,905 ETH unlocked from Lido Finance and 27,277 ETH from Etherfi. Since November 10, Sun has deposited 179,101 ETH worth about $645 million in total, averaging $3,601 per ETH. Analysts suggest Ethereum could outperform Bitcoin in January 2025, potentially increasing the ETH/BTC ratio above 0.04, which may spur altcoin growth. Historical Bitcoin prices show significant growth leading up to Christmas over the years with predictions continuing for 2025. Spot On Chain | Cointelegraph | Simply Bitcoin TV
#Ethereum#BTC#JustinSun#HTX#LidoFinance#Etherfi#Crypto#PriceAnalysis#MarketTrends#Altcoins#ETHBTC#Deposits#Blockchain#Trading#Fundamentals#Investing#CryptoHistory#FuturePredictions#ETFs#Growth