Ethereum Watch

Advertisements 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%; […]

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. Advertisements Share this article DeFi is currently […]

Things are going from good to better for Ethereum, the second-ranked cryptocurrency by market cap. Advertisements 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? Advertisements Today is the big day for Ethereum’s Phase 0 public testnet. A timer […]

Advertisements 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 […]

Advertisements 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 […]

Advertisements 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. […]

Key Takeaways Ava Labs recently raised $42.5 million to continue building out their suite of blockchain products. Less an “Ethereum Killer,” Ava is positioning itself as a regulator-friendly platform for crypto and finance users alike. Still, the network faces hurdles in attracting Ethereum’s robust community of developers. Share this article One of the most common […]

Ethereum Classic suffered a 51% attack in the early hours of August 1st. Advertisements A blog post from the ETC Cooperative said attackers flooded the network with offline mined blocks. As a result, the network was unable to process the volume of transactions, leading to a reorganization of the chain and split between nodes. “Miner […]

This weekend’s epic crypto market momentum has been a remnant of the volatile action witnessed in late 2017. Ethereum has been in the driver’s seat, but instead of the ICO-saturated market of yesteryear, DeFi platforms are now dominating the sector in 2020. Advertisements Cryptocurrency markets have reached their highest levels this year in terms of […]