Ethereum Watch

Via their Twitter handle, protocol and cross-chain bridge Polygon announced a new area of interest, ZK-based scaling solutions. In order to contribute and improve this approach to aggregate transactions into a blockchain, the project also announced a merger with Hermez Network and a $1 billion investment. Advertisements Based on zero-knowledge proof, the layer 2 scaling […]

Key Takeaways Nansen’s analysts have observed continued inflows into DeFi pools backed by robust development even after the market crashed in May. 1.2 million smart contracts were deployed on Ethereum in June following the recent crash, the highest in Ethereum’s history. Despite the threat of competitors and MEV, Nansen say that Ethereum is well poised […]

Advertisements Twitter CEO Jack Dorsey is doubling down on his Ether skepticism by downplaying the network’s potential to shake up the world of the social media giants. Twitter CEO and self-professed Bitcoin (BTC) maximalist Jack Dorsey is not giving Ether (ETH) fans an inch. In his latest offhand remark about the market’s second-largest cryptocurrency, Dorsey […]

Ethereum is holding gains above the $3,000 support zone against the US Dollar. ETH price is now facing resistance near the $3,150 and $3,180 levels. Advertisements Ethereum started a downside correction after it failed to stay above $3,200. The price is now recovering above $3,100 and the 100 hourly simple moving average. There is a […]

Advertisements Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two. Leading data oracle provider Chainlink has announced its successful launch on Arbitrum One — the beta mainnet deployment of layer-two Ethereum scaling solution, Arbitrum. Announced August […]

Advertisements The Kryptoin Ethereum ETF Trust plans to issue its common shares on the Chicago Board Options Exchange’s BZX and will value them based on the CF Ether-Dollar U.S. settlement price. Delaware-based Kryptoin Investment Advisors has joined a score of other crypto ETF hopefuls by filing for an Ethereum exchange-traded fund (ETF) with the United […]