📰 News Alert...

🔖 Title: How One Bitcoin User Accidentally Paid $60,000 in Fees — Don’t Make the Same Mistake

🗓️ Published: 2025-06-01T00:00:00-04:00

📄 Summary: A Bitcoin user recently made headlines after accidentally paying an exorbitant $60,000 in transaction fees due to misunderstood use of the Replace-By-Fee (RBF) feature. RBF allows users to resend unconfirmed transactions with higher fees to speed up confirmation but requires detailed knowledge of fee units, wallet behaviors, and how transactions are structured. This incident serves as a crucial reminder for cryptocurrency users to fully understand wallet functionalities before making high-stake transactions to avoid costly errors.

🔗 https://cointelegraph.com/news/how-one-bitcoin-user-accidentally-paid-60k-in-fees?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

🗞️ Source: Cointelegraph by Onkar Singh

💓 #Bitcoin #CryptoSafety #BlockchainEducation