Ethereum Watch

With the market in turmoil, digital assets such as Bitcoin and Ethereum are seeing their prices challenged in ways that have sent shivers down the spines of investors. The downtrend had triggered massive sell-offs that had sent prices towards yearly lows. Despite the volume already being sold off, sellers look to not be done yet. […]

Ethereum’s network looks all set for the year 2022 and for the years to come, as per a new report released by a16zcrypto. The 2022 State of Crypto report discussed the trend lines of the crypto-industry and the development of Web3. Advertisements Lying at the heart of it is Ethereum with its smart contract platforms […]

Advertisements “Merging Ropsten is a huge testing milestone towards Ethereum’s mainnet merge later this year,” said Preston Van Loon, an Ethereum core developer at Prysmatic Labs. The Ethereum ecosystem is set for a “huge testing milestone,” with the Ropsten testnet Merge set to be conducted on June 8. According to the Merge testnets page on […]

More than 5,505 Ether of the Ronin Bridge exploitation seems to be transferred through Tornado Cash, a unique privacy crypto exchange. Advertisements Blockchain data showed that the address associated with the $625 million Ronin Bridge Attack had begun transferring ether tokens valued at over $10 million. This occurred during the Asian morning hours. The data […]

Advertisements Summary: The number of active Ethereum addresses has remained stable relative to the ongoing crypto-market pullback. Active addresses on Ethereum have only dropped by 7% despite the value of ETH plummeting by 56% since its most recent all-time high of $4,868. Ethereum daily users are estimated to be at 551k and are constantly involved […]

Advertisements ETH bulls are aiming to flip $2,000 back to support, but these two metrics point toward further downside. Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high correlation to traditional […]

Advertisements Summary: Seth Green is the latest victim of a phishing attack that targeted his NFT collection. According to the team at SlowMist, he lost 4 NFTs: 1 Bored Ape Yacht Club NFT, 2 Mutant Ape Yacht Club NFTs, and 1 Doodle NFT. The exploiter sold all four NFTs for a total of 160 Ethereum […]

Advertisements Summary: Ledger is working on launching a browser extension on Safari called Ledger Connect. Ledger Connect will see users of Ledger Hardware wallets connected directly with Web3 applications. Initially, Ledger Connect will only be compatible with Ethereum and Solana. Ledger Connect will first be compatible with the Ledger Nano X and Mobile Safari at […]

Ethereum’s charm in the crypto-space may be diminishing. Not just because of its underwhelming price action, but also because people don’t really want it right now. Advertisements From institutional investors to retail investors, ahead of the Merge, everyone is holding back. And, it is now bearing adverse effects on Ethereum. Ethereum continues to suffer and… […]

Advertisements “Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated. Ahead of Ethereum’s highly anticipated switch to proof-of-stake (PoS), cyber security firm Cloudflare is set to launch and fully stake Ethereum validator nodes over the […]