Ethereum Watch

Advertisements Quick take: ETH fees on the Ethereum network have continued to skyrocket. Yield Farming on DeFi platforms is one reason ETH fees are high. Some users of Ethereum believe such high fees are unsustainable. Ethereum (ETH) has however sidestepped the fud and broken the $400 price ceiling. The DeFi boom has had a positive […]

Advertisements Skyrocketing Ethereum fees and the exorbitant costs of interacting with DeFi smart contracts, threaten the growth of the sector. The surging popularity of decentralized finance (DeFi) protocols on Ethereum (ETH) has contributed to skyrocketing fees, with the network processing an all-time high of $6.87 million in total fees yesterday.  Speaking to Cointelegraph, Synthetix (SNX) […]

Key Takeaways Curve Finance began as a crypto swapping platform, offering traders low slippage trades across major stablecoins Hype around the imminent release of the protocol’s native token has pushed the project into the spotlight The team behind Curve are far from newcomers: It’s founder continues to work on NuCypher, an encryption protocol for smart […]

Ethereum Classic Labs are exploring ways to protect the network and move forward following the 51% attack two weeks ago. Advertisements Initial discussion on what to do are taking place today. Attendees include IOHK CEO Charles Hoskinson, as well as other stakeholders. Source: twitter.com Previously, Hoskinson said Ethereum Classic needs to innovate, to which the […]

Key Takeaways YAM Finance offered yield farmers six-digit APY returns at its peak. Unaudited and risky, the experimental DeFi project appears to have finally ended. Share this article A critical bug in YAM Finance that caused the governance token led to the publication of an emergency warning, a request by the developers to “Save YAM.” […]

Advertisements Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow? New data from glassnode and Etherscan show Ethereum’s hashrate has risen to a 20-month high and this has led some optimistic traders to suggest Ether price will continue to rise to new highs in 2020. The explosive increase in Ethereum’s hashrate […]

Ethereum’s Yam Finance protocol has been the hottest crypto project of the past 24 hours. As reported by NewsBTC previously, the unaudited protocol managed to garner $400 million worth of value in under 24 hours, with investors throwing boatloads of capital at the project. Advertisements The token of the protocol, YAM, is behind this exponential […]

Advertisements The time has come for policymakers and regulators to provide a workable pathway that allows blockchain tech to develop and grow. In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials […]

Key Takeaways Ethereum transactions fees breached 200 gwei today per unit of gas today. DeFi protocols will lose a lot potential usage if non-power users cannot afford to use Ethereum. Between ETH 2.0 and layer two, the latter offers less negative trade-offs for the Ethereum ecosystem. Share this article Transactions fees on Ethereum crossed 200 […]

Key Takeaways YAM is an algorithmic stablecoin with variable supply, similar to Ampleforth YAM is experimental and it’s smart-contracts are unaudited, but that didn’t stop liquidity miners from locking more than $100 million with the project Share this article The DeFi craze continues despite a slight dip across the cryptocurrency market. The YAM algorithmic stablecoin […]