Ethereum Watch

ETHEREUM and ICO TOKENS

Day: August 24, 2024

300,000 Ethereum Transfer Sparks Shock At Leading US Exchange

cryptocurrency August 24, 2024

In a new development that is creating ripples in the cryptocurrency space, Whale Alert, one of the top blockchain trackers, has detected two huge Ethereum (ETH) transfers heading to Coinbase. Advertisements Each transfer involved 150,000 ETH, totaling a staggering 300,000 ETH at nearly $395 million. These transactions were carried out consecutively. Related Reading Ethereum: Market […]

Are Layer 2s hurting Ethereum? ‘Bot’ allegations raise concerns

cryptocurrency August 24, 2024

Galaxy research noted that since Dencun, transactions on Ethereum layer 2s have more than doubled, likely because of bots. The Ethereum mainnet has also seen a notable decline in total revenue and ETH burned. The Ethereum [ETH] Dencun upgrade went live in March this year. While it had the desired effect of making layer 2s […]

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