Ethereum Watch

Key Takeaways Over recent months, DeFi has been captured by a new narrative centered around protocols that generate “real yield.” Instead of incentivizing stakeholders with dilutionary token emissions, real yield protocols pay token holders with revenues generated from fees. As older tactics of sourcing liquidity have caused many DeFi tokens to underperform, projects are now […]

Advertisements Summary: Decentralized finance protocol Aave paused loans for Ether (ETH). Aave’s community voted in favor of the decision in light of Ethereum’s upcoming Proof-of-Stake upgrade. The protocol has recorded higher loan utilization rates leading up to the Merge. Aave’s decision came shortly before Bellatrix, the first of two stages before Ethereum’s final PoS transition, […]

Advertisements The Bellatrix upgrade, one of the final stages in Ethereum Proof-of-Stake transition, has gone live. The Merge will take place with the Paris upgrade, expected around September 15. Some exchanges and platforms are suspending Ether deposits during this time. The Bellatrix upgrade for Ethereum, one of the final upgrades before The Merge takes place, […]

Advertisements Almost 50% of the 91,130 votes answered that the fair price for 100 years of owning a five-letter .eth domain is under $100. As Ethereum Name Service (ENS) domains became more popular, the conversation has steered toward .eth domain pricing and what is considered to be a “fair” price to guarantee ownership for 100 […]

Advertisements FTX exchange announced its plan to halt its withdrawals during the upcoming Ethereum merge  The exchange also announced that it will also credit the forked tokens back into the user’s account Leading crypto exchanges and platforms are all gearing up to embrace the upcoming Ethereum merge. Among other platforms, FTX has also issued a […]

Advertisements The need to update Ethereum clients comes as the Bellatrix upgrade is set to enable the Beacon Chain to execute transactions. As many as 73.5% of Ethereum nodes are now marked as “Merge ready” ahead of the upcoming Bellatrix upgrade for Ethereum on Sept. 6, according to data from Ethernodes.  The Bellatrix upgrade is […]

According to data from DefiLlama, the total value locked (TVL) for all decentralized finance (DeFi) protocols housed within different chains stood at $59.18 billion. Impacted by the general decline in the cryptocurrency market, the TVL within the DeFi ecosystem has declined by 65%.   Advertisements Built on the Ethereum network, MakerDAO, with a TVL of $7.94 […]

Ethereum has been hitting different milestones in the last year. However, with the announcement of a set date for the move to proof of stake, aka the ‘Merge,’ there has been a flurry of activity on the network, pushing it towards even more impressive records. This time around, the milestone has come in the form […]

Advertisements ETCs hash rate has reached an ATH of 47/THs  The ascent has been credited to the high mining activity reported on the network ahead of the upcoming merge.  Dubbed as a parallel version of the Ethereum blockchain, the hashrate of Ethereum Classic has breached its usual metrics to reach an all-time high of 47 […]

Ethereum is edging closer to the Merge right now, with the launch scheduled for 15 September. The Merge has already given a sharp boost to Ethereum [ETH] trading over the past month. According to data from Coin Glass, the number of Ether contracts that have not been settled has doubled to just over $8.43 billion. […]