Ethereum Watch

Advertisements According to the developers, the soulbound credit score system uses over 10,000 data points to determine a Web3 user’s creditworthiness. Masa Finance has launched the first soulbound identity protocol for the Ethereum mainnet, according to a Jan. 17 press release shared with Cointelegraph. The protocol will allow for standardized soulbound tokens to be minted […]

Advertisements Summary: Validators on the network increased from 428,000 around September 15 when Ethereum upgrade from proof-of-work to proof-of-stake. The news comes ahead of staked Ether withdrawals expected to roll out with the Shanghai update in March 2023. Validators have staked over 16 million ETH worth roughly $25 billion with Ether trading around $1500 on […]

Ethereum gained pace above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh rally towards the $1,650 level. Advertisements Ethereum started a decent increase above the $1,500 and $1,520 resistance levels. The price is now trading above $1,520 and the 100 hourly simple moving average. There is […]

ETH’s annualized inflation has dropped to 0.00002%. The value of transaction settlements on the Ethereum network is significantly higher than that on the Bitcoin network. For the first time since December 2022, Ethereum (ETH) issuance has returned to a deflationary state, data from ultra sound money revealed. The altcoin’s supply growth at the time of […]