PAYPAL PARTNER PAXOS PAYS THE LARGEST BITCOIN USD TRANSACTION FEE IN 2023 14th of September , 2023
PayPal partner - Paxos has confirmed sending the largest ever bitcoin USD transaction fee of over $500,000 (about $510,750). This incident occurred as a result of a bug on a single payment. In September 10, 2023, an automated system belonging to Paxos overpaid over $500,000 in fees according to a September 13th statement from the company. According to a Paxos representative, "Paxos clients and end users have not been affected and all customer funds are safe".
According to blockchain data, a sender paid bitcoin fees of approximately 20 btc just to send 0.07 btc (about $2000). Furthermore, it was reported that F2Pool confirmed the transaction. Afterwards, the pool's management offered to return the bitcoin money to anyone who owns the wallet if a claim was done. The bitcoin wallet which did the largest bitcoin. single transaction fee is bc1qr35hws365juz5rtlsjtvmulu97957kqvr3zpw3 on the 10th of September, 2023.