Ethereum Watch

This week’s DeFi darling is Bancor, which has been gaining momentum following the launch of its v2 pools last week. Meanwhile, DeFi markets themselves have been consistently hitting new highs over the past few months, with no signs of slowing. On July 31, non-custodial token exchange protocol Bancor launched its highly anticipated v2 to mainnet. […]

The partner of Coca-Cola’s largest U.S.-based bottling company is expanding its use of blockchain to enhance efficiency across the beverage company’s supply chain. Coke One North America (CONA), a partner of the largest U.S.-based Coca-Cola bottling company, will use The Baseline Protocol to enhance transparency and reduce friction in “cross-organization supply chain transactions.” The project […]

Key Takeaways The hack on Opyn’s Ethereum put options happened around 4:00 AM PT The team secured 572,165 USDC from its contract, but the hacker still got away with 371,260 USDC Opyn is decentralized, and the team cannot shut it down in the case of emergency Share this article Opyn, a protocol offering options for […]

The Ethereum Medalla Testnet launched, but it is not yet achieving the participation it needs. The Ethereum Medalla testnet launch, scheduled for 1pm UTC, did not proceed as smoothly as expected. While the network launched successfully and proposed a sufficient number of blocks at the supposed genesis time, participation rate was a mere 57%; much […]

Key Takeaways Yield farming provides attractive returns, but the process of earning them can be complex. Frequent and multi-step transactions may generate a substantial number of taxable events, which are difficult to track manually. Third-party tools can help to reduce the time and effort when compiling tax reports. Share this article DeFi is currently the […]

Things are going from good to better for Ethereum, the second-ranked cryptocurrency by market cap. Bitfinex CTO, Paolo Ardoino today tweeted that both spot, and perpetual, volumes for Ethereum have been consistently higher than Bitcoin during the past couple of days. $ETH volumes consistently above $BTC in the past days. Same for perps@bitfinex pic.twitter.com/lCb3PJm9TC — […]

The Ethereum community is holding its collective breath today as the final planned public testnet for ETH 2.0 goes live. Ethereum prices are close to the psychological $400 level again, but can they surge past the barrier with this building momentum? Today is the big day for Ethereum’s Phase 0 public testnet. A timer has […]

The Ethereum Foundation is looking to hire a dedicated security team to dissect all aspects of Ethereum 2.0. The Ethereum Foundation will be building a dedicated security team for Ethereum 2.0 to study any potential cybersecurity and crypto-economic issues in the next generation of the Ethereum network. Justin Drake, an Eth 2.0 researcher at the […]

In summary: Bitmex Co-Founder and CEO, Arthur Hayes, sees Ethereum hitting $500 in the near future.  Ethereum continues to climb towards $400 even after its latest dip to $325.  Trading of ETH has become popular as Ethereum continues to benefit from DeFi and the progress of the ETH2.0 upgrade.  The Co-Founder and CEO of Bitmex, […]

Entries to the Reddit Scaling Bake-Off are coming in from several layer-two builders. A number of projects introduced potential scaling solutions prior to Reddit’s July 31 deadline. Most contest participants are existing developers of Layer 2 solutions for Ethereum. The majority of entrants seem to have tweaked their existing technologies to accommodate Reddit’s demands. The […]