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As A Gesture Of Good Will, Crypto Miner Returns 7626 Ethereum (Worth $23.7 Million) Incorrectly Paid Transaction Fee Back to Deversifi

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Yesterday, TheCryptoBasic reported that Crypto exchange Bitfinex paid $23.7 million in transaction fees to send $100,000 of tether (USDT) in what was presumably a bit of a slip up.

Read Details: Bitfinex Spent $23.7 Million In Fees To Transfer 100,000 USDT In A Single Ethereum Transaction



The transaction was sent from one of Bitfinex’s main wallets and the money ended up at one of Deversifi’s wallets — a non-custodial exchange that was spun out of Bitfinex in 2019.

Deversifi announced on twitter:

 

But DeversiFi put their users at ease as they confirmed that miner was returning the 7626 ETH.

 

The transaction was a smart contract interaction with the amount of tether sent to one wallet before being passed along to Deversifi’s wallet. It used the newly implemented EIP-1559 type of transaction, which was designed to make Ethereum fees easier to predict.

The transaction was included in a block that was mined by an unknown Ethereum miner, who ranks in the top ten miners by blocks mined over the last seven days.





While the miner returned the fee on this occasion as a gesture of good will, it would have been difficult, if not impossible, for DeversiFi to enforce the return of the 7626 ETH. 

Diversifi also published a 23.7 million dollar Ethereum transaction post mortem:

 

 

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Albert Brownhttps://thecryptobasic.com/
Albert Brown is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. Holds major cryptocurrencies and has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

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