Ethereum Watch

Advertisements ETC’s bad month isn’t over yet. ETC is facing delisting from OKEx in the wake of a 51% attack that cost the exchange $5.6 million. According to a report recently released by OKEx, the perpetrators registered five accounts between June 26 and July 9, 2020, subsequently depositing 68,230.02 ZEC (worth more than $5 million) […]

Advertisements It’s a clash of the crypto titans. Charles Hoskinson presented his idea for a decentralized treasury protocol to the Ethereum Classic (ETC) community during a Discord call on August 13. Hoskinson, who is the founder of Cardano (ADA) and one of the co-founders of Ethereum, strongly believes that setting up an independent source of […]

1inch exchange’s Chi Gastoken (CHI) promises token swaps with lower fees. The value of the token rocketed this past month, but does it do what it was designed for? Advertisements Anyone who has been chasing tokens on Uniswap or moving ETH has noticed the sky-high transaction fees. Someone even allegedly paid $400 in gas to […]

Advertisements Quick take: ETH fees on the Ethereum network have continued to skyrocket. Yield Farming on DeFi platforms is one reason ETH fees are high. Some users of Ethereum believe such high fees are unsustainable. Ethereum (ETH) has however sidestepped the fud and broken the $400 price ceiling. The DeFi boom has had a positive […]

Advertisements Skyrocketing Ethereum fees and the exorbitant costs of interacting with DeFi smart contracts, threaten the growth of the sector. The surging popularity of decentralized finance (DeFi) protocols on Ethereum (ETH) has contributed to skyrocketing fees, with the network processing an all-time high of $6.87 million in total fees yesterday.  Speaking to Cointelegraph, Synthetix (SNX) […]

Key Takeaways Curve Finance began as a crypto swapping platform, offering traders low slippage trades across major stablecoins Hype around the imminent release of the protocol’s native token has pushed the project into the spotlight The team behind Curve are far from newcomers: It’s founder continues to work on NuCypher, an encryption protocol for smart […]

Ethereum Classic Labs are exploring ways to protect the network and move forward following the 51% attack two weeks ago. Advertisements Initial discussion on what to do are taking place today. Attendees include IOHK CEO Charles Hoskinson, as well as other stakeholders. Advertisements Source: twitter.com Previously, Hoskinson said Ethereum Classic needs to innovate, to which […]

Key Takeaways YAM Finance offered yield farmers six-digit APY returns at its peak. Unaudited and risky, the experimental DeFi project appears to have finally ended. Share this article A critical bug in YAM Finance that caused the governance token led to the publication of an emergency warning, a request by the developers to “Save YAM.” […]

Advertisements Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow? New data from glassnode and Etherscan show Ethereum’s hashrate has risen to a 20-month high and this has led some optimistic traders to suggest Ether price will continue to rise to new highs in 2020. The explosive increase in Ethereum’s hashrate […]

Ethereum’s Yam Finance protocol has been the hottest crypto project of the past 24 hours. As reported by NewsBTC previously, the unaudited protocol managed to garner $400 million worth of value in under 24 hours, with investors throwing boatloads of capital at the project. Advertisements The token of the protocol, YAM, is behind this exponential […]