Ethereum Watch

Advertisements Quick take: According to Coinmetrics, the combined market cap of popular DeFi tokens has increased with Bitcoin’s recent surge The total value locked in DeFi is still above $13 Billion The total value locked in UniSwap has exhibited a sharp decline since it ended its token rewards program The DeFi realm of the crypto-verse […]

Advertisements Despite the uncertainty around the launch of Ethereum 2.0, Bitcoin Suisse expects to make its ETH staking service available before the holidays. Crypto service provider Bitcoin Suisse expects to offer its Ethereum (ETH) staking services before Christmas, underscoring the firm’s expectations of an imminent launch of Ethereum 2.0.  In a statement released Wednesday via […]

Advertisements The Ethereum 2.0 deposit contract is open. How are things progressing, and what comes next? On Nov. 4, Ethereum (ETH) core developers hit a significant milestone. In a “quick update” on the Ethereum Foundation blog, developer Danny Ryan confirmed the release of the v1.0 specs for the hotly anticipated Ethereum 2.0 upgrade, which includes […]

Advertisements Numerous on-chain indicators suggest Ethereum price is on the verge of another 2017-style bull run. Ether (ETH) price is currently ranging between $440 and $470, which is similar to the price action seen in December 2017. Back then, the scenario ended up being incredibly bullish, and the altcoin quickly rocketed toward $1,400.  Fast forward […]

Key Takeaways Following this weekend’s Value DeFi exploit, a number of users have contacted the attacker on the blockchain urging them to return the funds. The Value DeFi team attempted to negotiate with the attacker, suggesting that they keep $1 million as a bounty. They also confirmed their plans to compensate the Value DeFi community. […]

DeFi Despite positive technological developments, the decentralized finance (DeFi) space is still rife with hacks and exploits. This much was made clear just recently, when $7 million was siphoned out of a cryptocurrency vault based on Ethereum. While many users have been adversely affected by this exploit, the unknown attack did make a move to […]

Ethereum traded above the $450 resistance, but it is struggle near $480 against the US Dollar. ETH price is correcting gains, but it is likely to find strong bids near $440. Advertisements ETH price traded to a new multi-month high near $478 against the US Dollar. The price is currently correcting lower below $465, but […]

Key Takeaways Akropolis lost $2 million in breach despite independent audit. The funds were stolen from liquidity pools connected to the project. User funds and staking pools were not affected. Share this article According to reports within the crypto community, Akropolis, an Ethereum-based DeFi lending platform, was attacked this week.  Advertisements The attacker managed to […]

Key Takeaways Value DeFi, a protocol for staking cryptoassets in exchange for yield, was exploited for $7.4 million on Saturday morning. An attacker pulled off the elaborate move by carrying out a flash loan for 80,000 ETH. Attacker also paid $2 million back to the protocol during the multi-step process. Share this article Value DeFi […]

Key Takeaways The DeFi surge in 2020 led to more than a dozen hacks over several months. More than $50 million was lost due to bugs, exploits, and hacks. Although some losses were recovered, DeFi users need to stay vigilant when interacting with applications. Share this article DeFi is nothing short of a revolution. Automated […]