Ethereum Watch

Key Takeaways Matter Labs launched zkSynca  Layer 2 smart contracts testnet with Curve as the first “resident dApp.” Curve has a total value locked (TVL) of $1.07 billion, at press time.  Matter Labs also introduced a new programming language called Zinc for writing smart contracts.  Share this article Matter Labs’ Layer 2 solution will enable […]

Key Takeaways Polkastarter is a decentralized exchange akin to Uniswap, but built on Polkadot. The team hopes to capitalize on Uniswap’s popularity and improve on the Initial DEX Offering model. The Ethereum-based beta version is expected to launch this winter, followed by a full launch on Polkadot next year. Share this article Polkastarter is a […]

Advertisements In summary: The top 5 NFT marketplaces on Ethereum have surpassed a 24-hour trade volume of $1 Million Such a high trade volume was usually reached after a week of NFT trading NFTs (Non-Fungible Tokens) are gaining popularity in an era of digital ownership As Bitcoin and Ethereum continue on their bullish climb towards […]

Ethereum has undergone a strong surge in the past 24 hours as buyers have stepped back into the crypto market. In the past day alone, ETH has gained 5%, as it currently trades at $368. For context, Bitcoin is only up around 1.5%. Advertisements The buying was seemingly triggered by the ending of a seeming […]

Advertisements Quick take: The team at Bloomberg has predicted that Ethereum could lose the number 2 spot to Tether (USDT) by next year Increasing demand and adoption of stablecoins is the major force behind Tether’s rise Stablecoins are a precursor of CBDCs and will most likely be more enduring than altcoins Ethereum has had a […]

Advertisements The Ethereum network has taken more in fees than Bitcoin for a record streak, but a fee reform proposal faces an uphill battle. Ethereum (ETH) transaction fees have exceeded those on the Bitcoin (BTC) network for two months straight. Crypto market data aggregator Messari tweeted about the streak on October 8, noting it is […]

Bitcoin has done well for itself in 2020, making it the top mainstream investment of the year so far. But deeper in the crypto market, Bitcoin’s gains look meager next to even its next closest asset in line, Ethereum. Advertisements Ethereum and DeFi tokens outperformed Bitcoin easily this year so far, but that trend is […]

Key Takeaways Strong pullbacks in the price of governance tokens signal that the DeFi bubble has burst.  The annual percentage return (APR) on DeFi platforms has dropped significantly since September.  The total value locked (TVL) in DeFi has turned south, currently testing $10 billion as support.  Share this article Falling yields and demand for popular […]

Advertisements Ethereum liquidity will no longer have to go through FTX to reach Solana. Solana, the smart contract platform that recently entered the spotlight thanks to FTX’s Serum, announced the upcoming release of what it says is a decentralized bridge for Ethereum ERC-20 tokens. Called Wormhole, the bridge would allow users to transfer value between […]

Advertisements Quick take: Popular DeFi tokens such as YFI, COMP, SUSHI and CRV are down by over 60% since their all-time high values DeFi tokens continue to correct due to the current crypto market environment The overall market cap of DeFi related digital assets has dropped by 25% in the last 24 hours Trading volume […]