Ethereum Watch

The largest altcoin, Ethereum, soared by 4.38% over the last 24-hours which pulled the coin to a valuation of $179.89, at press time. Despite the bullish revival, ETH bulls have lacked the necessary strength to attempt a crucial breach to the upside. Advertisements Ethereum [ETH] Daily Chart: Source: ETH/USD on TradingView Ascending channel formation on […]

After a cruel Black Thursday, Ethereum is finally enjoying a period of sustained performance in the cryptocurrency charts. Over the past week, Ethereum’s valuation had improved steadily as the 2nd largest asset continued on its path of recovery. Advertisements Source: coinstats ETH/USD on Trading View From the chart above, it can be observed that Etherum’s […]

Ethreum spot price was slashed by 7.53% due to a market-wide correction on 21 April. Due to intense selling pressure, ETH’s valuation fell from $180 to $167. Advertisements According to the insight provided by Santiment, the fall called attention to a great spike formed in ETH’s Token Age Consumed. The metric, Token Age Consume, indicates […]

Advertisements Some crypto analysts and experts believe the ETH 2.0 revamp will transform DeFi and trigger a major bull run. With the first phase of Ethereum 2.0 due to launch within months, some analysts and experts believe it could trigger a major bull run and transform finance as we know it.  Adam Cochran, a partner […]

The weekend saw an exploit of the dForce DeFi protocol which netted hackers $25 million worth of crypto. This consisted mostly of Ethereum and stablecoins, with Bitcoin bringing up the tail end of assets stolen.But in a stunning turn of events, the attacker has since returned the stolen funds. Observers believe this was due to […]

Advertisements Cardano founder Charles Hoskinson said that Ethereum could have developed more smoothly with the addition of the Snow White PoS consensus. In a recent interview with Cointelegraph, Ethereum co-founder and Cardano (ADA) founder Charles Hoskinson discussed a potential early acquisition that could have made a world of difference for Ethereum. According to Hoskinson, had […]

Ethereum may not be front-and-center right now, but come the end of the week, the altcoin will be the hot topic. In the midst of the oil crisis and Bitcoin inching closer to its halving, the world’s largest altcoin is in for major market movement. Advertisements According to data from Skew markets, one of the […]

Advertisements The attacker responsible for the $25 million theft from DeFi protocol, dForce, has returned all of the funds. There has been no explanation for the change of heart, but it is suspected that a lack of thoroughness in covering up his tracks led the attacker to return the funds, in order to avoid further […]

Advertisements The decentralized finance and lending protocol Lendf.me suffered an attack recently. In an interesting turn of events, some of the funds were actually returned with a message for the project. The DeFi community is scrambling to make sense of yet another theft. Some $25M was allegedly drained from a contract by Lendf.me, a decentralized […]

Advertisements Another decentralized finance (DeFi) platform temporarily hit the pause button due to an attack. $25M was drained from the smart contract. Hacks and exploits in the world of decentralized finance (DeFi) seem to be increasingly more common. The latest victim is Lendf.Me — and the dApp has now been put on ‘pause.’ On April […]