Ethereum Watch

Advertisements Quick take: Ethereum’s mean hash rate has hit a new all-time high of 250 Terahash per second Ethereum’s hash rate has grown by 80% since the beginning of the year This is as a result of increased interest in DeFi MetaMask also hit a new milestone of 1 Million monthly active users thanks to […]

Advertisements Interoperable DeFi platforms can help with Ethereum’s high transaction fees. The team behind RSK, a smart-contract-enabled sidechain extension for Bitcoin, announced Tuesday that Maker’s Dai stablecoin is now available on the platform. The integration makes it possible to transfer Dai from Ethereum to the RSK sidechain, which makes it available for use in its […]

Key Takeaways Their are five pillars making up the Flamingo Finance ecosystem: Wrapper, Swap, Vault, Perp, and DAO. Despite how lucrative its Mint Rush event was, the protocol quickly faltered under the duress of heavy traffic. The rocky start for the Chinese DeFi protocol has kept Flamingo from major adoption, but it’s still early days. […]

XRP continues to lag behind the rest of the crypto market, including Bitcoin and Ethereum. It has resulted in the altcoin losing the third-ranked spot to the stablecoin Tether. Advertisements But all that’s soon going to change, according to one crypto analyst, who says Ripple will soon leave the rest of the crypto market sidelined […]

Advertisements Quick take: DappRadar has released its Q3 DApp Industry Report Ethereum’s transaction volume grew by $109 Billion in Q3 when compared to Q2 Ethereum continues to dominate as the blockchain with the most DApp activity The team at DappRadar has released the Q3 Dapp Industry report which analyses the performance of 13 blockchains in […]

Advertisements In summary: The Filecoin Mainnet will launch at epoch 148,888 estimated to occur on October 15th ConsenSys Codefi has added support for Filecoin to accelerate the adoption of the Network This will be by enabling users with hosting needs to find the best storage prices from reputable miners Additionally, the DeFi bridge by Codefi […]

Ethereum topped near the $370 resistance and declined sharply against the US Dollar. ETH price is showing bearish signs below $355 and it might continue to move down. Advertisements ETH price started a fresh decline after it failed to clear $370-$375 against the US Dollar. The price is now trading below the $355 support and […]

Leading decentralized finance (DeFi) coin LEND, the native token of the Aave protocol, is up 5% in the past 24 hours. Its performance comes as the prices of both Bitcoin and Ethereum have stagnated. Advertisements LEND’s outperformance seems to stem from a crucial technical change to the Aave protocol and the cryptocurrency itself. This technical […]

The unthinkable just happened: Bitcoin derivatives trading platform BitMEX is being targeted by the CFTC for a variety of charges, and the company’s CTO has already been arrested related to the case. Now, the worst possible scenario could be on the horizon: The United States regulator could target Tether and parent company Bitfinex next. Advertisements […]

Advertisements The uncertainties outlined in the document may offer significant insights for Grayscale’s investors. According to the latest SEC disclosure by the Grayscale Ethereum Trust, or ETHE, the impending transition of Ethereum (ETH) to the proof-of-stake consensus represents a risk that could have a “material adverse effect” on its shares. The ETHE recently filed an […]