Ethereum Watch

Advertisements On Episode 19 of Hashing It Out, Ambire founder and CEO Ivo Georgiev explains a new technology aiming to bring increased flexibility and security to the Ethereum network. On Episode 19 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw talks to Ivo Georgiev, CEO of Ethereum smart contract wallet Ambire. Georgiev explained account […]

Advertisements The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs. After a brief overshoot above $2,000 on May 6, the Ether price has returned to a tight range between $1,820 and $1,950, which has been the norm for the past three weeks. According to […]

Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. The report re-affirms the accuracy of Tether’s Consolidated Reserves Report (CRR), which details the assets held by the group as of March 31, 2023. […]

Advertisements Cardano takes advantage of upper hand in lower fees compared to rival Ethereum. ADA slips below key support level after struggling to find bullish momentum. The crypto market is currently at a stage where a network’s weakness may pave the way for another to thrive. The rivalry between Ethereum and Cardano is perhaps an […]

Advertisements Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible. Validators earned $46 million in the first week of May due to an increase in the staking rewards rate, which is a metric for validators’ annualized yield. According to data, […]

Advertisements Centralized staking pools experienced an array of farewells. Validators have opted not to cross the minimum balance required to stake. Within Ethereum’s [ETH] ecosystem, staking activity has become a topic of increasing interest and scrutiny since the Shapella upgrade’s success. But contrary to projection, ETH did not witness a high level of sell pressure […]

Advertisements The crypto market witnesses a $50 million liquidation event, with Ethereum and memecoins at the forefront. Short positions take a hit as investors face substantial liquidations. 7 May witnessed a dramatic event in the crypto market as over $50 million worth of investments got liquidated. Ethereum [ETH] took the lead in this wave of […]

Advertisements Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis. Decentralized liquidity protocol Aave has deployed on Ethereum layer-2 scaling platform Metis, bringing a host of decentralized finance (DeFi) features and products to its ecosystem. Aave’s (AAVE) community recently voted in […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of […]

DEI stablecoin suffered a multichain exploit on Arbitrum, Ethereum, and BNB Smart Chain (BSC) that resulted in a loss of about $6.5 million. But some of the stolen funds have now been returned. Advertisements DEI stablecoin issuer Deus Finance confirmed that one of its exploiters returned $1.07 million DAI to its multi-signature wallet. On May […]