Ethereum Watch

Advertisements Ethereum’s annual carbon footprint was significantly cut since The Merge. Bitcoin’s estimated annual emissions contributed just 0.15% to the global tally.  Ethereum’s [ETH] annual electricity consumption fell by more than 99.9% after switching from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, according to a report by Ethereum.org. Is your portfolio green? Check out […]

This week, after the end of a major industry conference, everyone in the crypto sphere is talking about account abstraction, smart contract wallets, and the new Ethereum upgrade, ERC-4337. What are they, and why is everyone so excited? Advertisements One of crypto’s longstanding foibles is its lack of user-friendliness. Even for seasoned tech veterans, setting […]

The second quarter of 2023 brought significant challenges for the Ethereum network as its revenue experienced a sharp decline. Ethereum network revenue plummeted from $1.27 billion to $847 million during Q2, representing a staggering 33.3% drop.  Advertisements The network revenue for Ethereum encompasses all transaction fees paid by users to Ether validators, as well as […]

Share this article URL Copied Advertisements DeFi protocol Conic Finance reported a loss of 1700 ETH, valued at over $3.2 million. Blockchain security firm BlockSec has traced this incident to an unidentified hacker exploiting a reentrancy vulnerability early this morning. Conic promptly alerted its user base via Twitter, confirming the exploit involving the ETH Omnipool, […]

Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could gain bearish momentum if there is a close below $1,875. Advertisements Ethereum is trading in a range above the $1,875 level. The price is trading below $1,910 and the 100-hourly Simple Moving Average. There is a key rising channel forming […]