Panicked Bitcoiner Loses Nearly $60K in Fees: A Cautionary Tale for Cryptocurrency Users
A Bitcoin user recently made headlines by accidentally paying an enormous transaction fee of nearly 0.75 BTC, equivalent to around $60,000, in a replace-by-fee (RBF) transaction. This mishap occurred shortly after midnight UTC on April 8, where the user tried to correct a previous transaction with a standard fee. The second attempt raised the fee ...