USD 0.5 Million Paid in Failed Ethereum Transaction
Ethereum (ETH) transactions can be tricky when it comes to fees, and this is far from the first time somebody paid massive amounts for a transaction, and a failed one at that – this time USD 533,901 in total.
What it seems had happened is that this user wanted to partake in the token sale by derivatives decentralized exchange (DEX) Strips Finance. Announced five days ago, Initial Dex Offering (IDO) – aka the STRP token sale - was conducted on Sushiswap’s MISO platform on October 13, lasting for 24 hours.
STRP 750,000 were available for auction – and were sold out in seconds. This suggests that the competitiveness likely led to the user being less careful with his attempted purchase.
Furthermore, in such a competing atmosphere, users may decide
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