Ethereum Watch

According to Dune Analytics, Ethereum Name Service (ENS) has recorded a spike in registrations so far this month. Here, it’s worth pointing out that this uptick comes on the back of tremendous growth logged across the month of August. Advertisements August 2022 stats for ENS – 301K new .eth registrations (total 2.17m names)– $4.7m in […]

Advertisements Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how “the competition for liquidity” between Bitcoin and Ethereum will play out after the latter’s switch to a proof-of-stake system. While Ethereum (ETH) fans are enthusiastic about the successful Merge, Swan Bitcoin CEO Cory Klippsten believes the upgrade will lead Ethereum into a […]

Ethereum price has been trading within a descending trendline, which is a sign of bearishness. Over the last 24 hours, the Ethereum price has been different as the coin registered a 6% appreciation. Advertisements As the coin appreciated, it broke outside of the descending channel. Over the last week, the Ethereum price lost more than […]

Ethereum’s [ETH] co-founder, Vitalik Buterin, recently commented about the king of altcoin’s next steps. While attending the 2022 Messari mainnet event virtually, Vitalik said that the surge was the next move after its successful translation to Proof-of-Stake (PoS). Advertisements Meanwhile, this was not the first time the crypto head mentioned the surge. On the day […]

Advertisements An investigation of MEVbots’ contract revealed a backdoor that allows the creators to drain Ether from its users’ wallets. MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor.  Arbitrage bots are programs that automate […]

Key Takeaways Incoming Kraken CEO Dave Ripley says that his company does not intend to register with the SEC. He insists that Kraken does not list assets that are securities and says that it has no plans to do so. Ripley currently serves as Kraken’s COO. He will succeed Jesse Powell as CEO as announced […]

Ethereum [ETH], at the time of writing, was exchanging hands at $1,341. As of 22 September, the alt concluded a 30% retracement from its September high of $1,789. A far cry from what many investors expected from its most important month of the year. On the bright side, the alt was trading at a steeper […]

Key Takeaways The CFTC has filed a lawsuit against the decentralized autonomous organization behind the Ooki Protocol, Ooki DAO, for allegedly running an illegal derivatives trading platform. The lawsuit marks the first time a government agency has charged governance token holders of a decentralized non-custodial blockchain protocol for allegedly breaking the law. The case could […]

Ravencoin (RVN) and Ethereum Classic (ETC) were operated as a safe haven for miners seeking shelter from “The Merge” fallout. The event that completed Ethereum’s transition to Proof-of-Stake (PoS), “The Merge” locked out miners from the ecosystem. Advertisements Leading into the event, Ravencoin, Ethereum Classic, and other Proof-of-Work (PoW) cryptocurrencies were recording double-digit gains. The […]

Advertisements Summary: On-chain analytics startup Nansen reported massive inflows into staked Ether tokens following the Merge. Ethereum’s proof-of-stake upgrade successfully shipped on September 15, EWN reported. “Smart money” investors have deployed over $33 million into locked-up Ether coins in the past week alone. Ethereum’s upgrade dubbed the merge seemingly bolstered investors’ faith in protocols like […]