A recent erroneous Bitcoin transaction that led to an inflated transaction fee of $510,000, nearly 480,000 times the average network fee of $2.176, traced back to Paxos, has been returned. The company acknowledged its mistake, attributing the inflated fee to a bug in a single transfer that has now been rectified by F2Pool, the miner The post F2Pool returns 19 BTC to Paxos after overpayment of over $500k appeared first on CryptoSlate.

In a significant move towards realizing the potential of digital asset innovation, Circle is set to pilot Web3 customer experiences in Singapore through a strategic partnership with Grab, Southeast Asia’s super app for transport, deliveries, payments, and more. Circle’s latest offering, a new Web 3 Services platform, is slated for integration in the Grab app The post Circle integrates Web3 platform into Singapore ‘Super App’ Grab appeared first on CryptoSlate.

According to the latest Pantera Capital Blockchain Letter, the crypto market may finally turn a corner after a brutal bear market in 2022, and leading Ethereum layer 2 solution Arbitrum is emerging as one of the biggest beneficiaries. As Pantera’s letter illustrates, “Arbitrum is a massive share taker within the Ethereum ecosystem, and Ethereum, in The post Layer 2 solution Arbitrum drives Ethereum ecosystem’s growth, suggests Pantera Capital appeared first on CryptoSlate.

A new Token Terminal report was released on Sept. 14 on the meteoric rise of Friend.Tech (FT) reveals critical factors driving the app’s growth. Timing the launch with Base’s debut proved crucial, with Base now boasting 400k+ users. FT quickly became Base’s biggest gas guzzler, consuming 20% of total gas. The instant liquidity and audience The post The viral growth blueprint that made Friend.tech the fastest-growing social dApp appeared first on CryptoSlate.

CertiK, a firm specializing in blockchain and smart contract security, has announced the release of a new SkyInsights tool to address the growing needs related to crypto compliance and risk management in the Web3 industry. The platform, SkyInsights, utilizes CertiK’s extensive databases to provide enriched risk insights, involving more than two billion wallet addresses and smart The post New crypto compliance and risk management tech analyzes over 2 billion wallets’ data appeared first on CryptoSlate.