Ethereum Watch

Stablecoin USDT issuer Tether published its Q2 2023 attestation report on July 31 and according to the report, Tether recorded an “operational profit” of $1 billion in the second quarter, about a 30% decline from its Q1 profit of $1.48 billion. Advertisements Although its $1 billion “operational profit” represents a decline from the first quarter, […]

Share this article URL Copied Advertisements Curve Finance, a significant player in the decentralized finance (DeFi) protocol, was threatened with near-collapse due to a critical vulnerability in the Vyper programming language. This exploit risked nearly $100 million in digital assets, but a surprising reprieve came from a source normally associated with traditional finance — a […]

Share this article URL Copied Advertisements Hackers have zeroed in on a vulnerability in the Vyper programming language — a well-known tool widely used for developing Web3 projects that target the Ethereum Virtual Machine (EVM) — on two significant DeFi protocols: BNB Smart Chain and Curve Finance. Vyper is known for its similarities to Python, […]

Advertisements The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos. The recent Curve Finance exploit has reportedly led to one of the largest ever maximal extractable value (MEV) reward blocks of 584.05 Ether (ETH).  On July 31, Ethereum core developer “eric.eth” reported that “today […]

Ethereum price is struggling to clear the $1,880 zone against the US Dollar. ETH could start a fresh decline if it stays below $1,880 and $1,900. Advertisements Ethereum is facing major resistance near $1,880 and $1,900. The price is trading below $1,875 and the 100-hourly Simple Moving Average. Earlier, there was a break below a […]

Advertisements The sales of Ethereum and Polygon-minted NFTs on OpenSea have fallen to their lowest level this year. Blur continues to overshadow OpenSea in terms of monthly trading volume.  The monthly sales volume of Ethereum and Polygon-based non-fungible tokens (NFTs) on the leading marketplace OpenSea has plummeted to its lowest point this year as July […]

Advertisements Today marks eight years since the Ethereum Foundation first announced the rollout of its network. The crypto community has come together to celebrate the 8th birthday of the Ethereum network, marking eight years since the Ethereum Foundation first sent the network live. On July 30, 2015, former Ethereum Foundation CCO Stephan Tual penned a […]

Advertisements During a recent interview with Bloomberg Wealth, Novogratz touched on topics ranging from investing to Ripple’s case and Larry Fink. Galaxy Digital’s founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he’d invest in the Chinese […]

Advertisements ETH staked through liquid staking platforms increased progressively since the beginning of 2023. Liquid staking commanded 36% of the total ETH staking market share. Ethereum [ETH] staking began in December 2o2o, providing an opportunity for investors to lock up their holdings and earn passive income on the same. The interest was fueled by the […]

Tether USDT has seen its market cap value reach new highs in the month of July. According to a report by on-chain analytics company Into The Block, the world’s largest stablecoin is steadily approaching the key $84 billion mark. Advertisements Based on data from DeFiLlama, USDT’s market cap is up by over $480 million since […]