Ethereum Watch

Advertisements The Merge on Ethereum is closer than ever as the Ropsten testnet is set to execute its own Merge to give developers a look at what to expect for the real thing. The Ropsten testnet on the Ethereum network is ready to set the stage for the “first dress rehearsal” of the Merge to […]

Key Takeaways Mirror Protocol suffered a $90 million exploit—seven months ago. The attacker was allowed to unlock collateral from the protocol again and again while paying very little in fees. The attack was only discovered in the last few days. Share this article URL Copied Advertisements Mirror Protocol suffered a $90 million exploit last October, […]

Advertisements ETH price bounced off a major support level, and while $2,000 could be a short-term target, most analysts say it’s just a “relief rally.” On May 30, the cryptocurrency market experienced a much-needed bounce that saw Bitcoin (BTC) climb above $30,900 and Ether (ETH) rally 5.84% to $1,930, but analysts warn that it could […]

Key Takeaways The DeFi savings protocol PoolTogether has raised over $830,000 in five days through its Pooly NFT mint sale. Last October, a former Elizabeth Warren staffer sued PoolTogether Inc. for running an “unauthorized lottery scheme” in the state of New York. All funds raised through the sale will go toward supporting the company’s defense […]

Ethereum seems to be running low on gas as it edges towards capitulation. Recent weeks have been nothing but a stain on the vision endorsed by Buterin and his team. The altcoin king dropped to a 14-month low over the weekend as it continues to struggle. Advertisements “Far from home” The Ethereum community was perplexed […]

Advertisements Quick take: Over 12 million Ethereum tokens have been pledged towards ETH 2.0 so far. Deposits from more than 73,000 addresses were recorded by Monday. The staking rate hit 10.72% over the weekend. More than 1/10 of ETH’s circulating supply is now locked up for The Merge. The switch from Proof-of-Work to Proof-of-Stake might […]

Ethereum formed a base near $1,740 and started a recovery wave against the US Dollar. ETH is now facing a major resistance near the $1,900 zone. Advertisements Ethereum started a recovery wave above the $1,800 and $1,820 levels. The price is now trading above $1,820 and the 100 hourly simple moving average. There was a […]

Latest report stated that the Terra crash earlier in May was not caused by a single hostile party. Rather a total of seven wallets were flagged by Nansen researchers as they studied on-chain data from Terra to Ethereum. The report also concluded that the UST de-pegging was not carried out by hackers or attackers.  Advertisements […]

Ethereum has slid on its charts again at the time of writing. Over the last week, the coin lost about 10% of its value. The bears have strengthened in the market because the buyers have left the market. Advertisements Technical outlook of the coin remained bearish and selling pressure mounted. The coin would continue to […]

Advertisements Summary: Ethereum core developers are in agreement that ETH’s difficulty bomb should be delayed by two to four months. The Ethereum developers also floated the idea of combining the difficulty bomb delay with the client releases for the Bellatrix hard fork on the Beacon Chain. An EIP needs to be proposed to the community […]