For sound waves, once a wave has been initiated in whatever medium, it's frequency and wavelength should not change.
'Wave crest velocity' - do you mean the wave height, - it's amplitude?
That will decrease as the wave disperses from it's point of origin, it will do that in any medium.
A medium which is more viscous will absorb energy in the wave more quickly (more viscous = more friction), so the wave amplitude will therefore diminish more quickly.
I'm pretty sure the same principle applies with EM waves, other than noting that EM waves can propagate without any medium.