Ethereum Watch

Key Takeaways yEarn Finance was created as a yield automation tool, but grew into a stack of different DeFi products. The protocol’s most popular product is its vaults, which automated liquidity mining and yield farming strategies. These strategies are enhancing gas efficiency and giving smaller traders a chance to take part in DeFi’s most lucrative […]

Key Takeaways Nexus Mutual’s first product, “Smart Contract Covers,” helps members of the mutual protect themselves from smart contract vulnerabilities. The platform’s native token, NXM, can only be purchased on Nexus Mutual and token holders are also technically members. So far, the crypto-based insurance experiment has worked as advertised, as well as made a few […]

Advertisements Would a 20% block reward reduction matter in the long run? Charles Hoskinson’s IOHK recently published two Ethereum Classic Improvement Proposals, or ECIPs, meant to help the struggling chain recover after a slew of recent 51% attacks. The first introduced a checkpoint system to prevent the possibility of such attacks, and the second proposed a decentralized treasury — a […]

Share this article Acala, a DAO established on the newly-launched Polkadot network, has announced a successful series A funding from 15 high profile investors, such as Pantera Capital, Arrington XRP Capital, ParaFi Capital, CoinFund, DCG, Spartan Group, and others.  Advertisements Santiago Roel Santos, Partner at ParaFi Capital, says:  “At ParaFi, we envision a constellation of […]

Advertisements Enterprise Ethereum is gaining traction among organizations seeking data integrity, but the technology hasn’t reached its full potential just yet. As the blockchain space continues to mature, enterprises are starting to realize the technology’s capabilities. A major promise of blockchain is its ability to connect industries that typically operate in silos, bringing about new […]

Advertisements Smart contracts on Ethereum will be able to directly interact with Polkadot. A new project building on Polkadot wants to create a comprehensive bridge with Ethereum that would eventually relay direct smart contract instructions. The bridge is being developed by Snowfork, a software development company. The initial implementation is fairly straightforward, only allowing Ether […]

Ethereum has seen a strong correction from the highs it has seen earlier this month. After peaking at $440, the asset has slid to $385 as of this article’s writing. ETH’s retracement comes as Bitcoin has also dropped, seemingly in response to some weakness in the price of gold and some strength in the U.S. […]

Advertisements DJ PLS&TY has launched 30 limited edition vinyls of his latest EP on an Ethereum-based art and culture platform. Tommy Leas, professionally known as DJ PLS&TY in the electronic dance music industry, has launched the vinyl record of his “Very Special” EP record on the Ethereum-based art and culture exchange platform, Foundation. Foundation allows […]

Advertisements Quick take: Ethereum’s correlation with Bitcoin has started to increase once again.  In late June and July, ETH looked set to break away from Bitcoin’s influence due to the DeFi boom and investors anticipating ETH 2.0.  With a return of the correlation between Ethereum and Bitcoin, a drop by BTC could see ETH retest […]

Advertisements Boa, a new Uniswap token created by the well-known pseudonymous Ether whale Bill Drummond, briefly hit $100,000. On Aug. 25, the creator of the well-known Uniswap tokens Antiample (XAMP) and Tokens of Babel (TOB) launched Boa. The Ether whale’s projects have seen growing interest within the niche Uniswap market. A common theme among the […]