Ethereum Watch

Across their social media channels, Ethereum-based decentralized exchange (DEX) Balancer reported an attack against its front end. The platform confirmed that a Domain Name System (DNS) attack targeted the DEX, preventing users from accessing the DEX. Advertisements Ethereum DeFi Under Siege According to an official post, a team is investigating the DNS attack against Balancer. […]

Advertisements One year after the Ethereum Merge, Grayscale has finally made the decision to abandon all the rights to proof-of-work Ethereum tokens. Major cryptocurrency investment firm Grayscale has finally mad the decision to abandon all the rights to the post-Merge proof-of-work (PoW) Ethereum tokens (ETHPoW). Announcing the news on Sept. 18, Grayscale said that the […]

14,000 ETH were sent to different exchanges by whales in the last 24 hours. ETH’s price remained in an uptrend despite the whale moves. Over the past 24 hours, Ethereum [ETH] whales have made significant movements that affected the flow of assets into exchanges. Which direction are these whales headed? Advertisements How much are 1,10,100 […]

Solana (SOL) has captured the attention of former Goldman Sachs executive Raoul Pal, who recently declared it one of his standout altcoin choices and a potential contender to Ethereum’s dominance. Advertisements In a new interview, Pal highlighted Solana’s unique strengths, emphasizing its unrivaled speed and performance, qualities that have even prompted payments giant Visa to […]

Advertisements By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said. Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 blockchain, Astar, announced similar plans moving from the Polkadot ecosystem to […]

ETH’s taker buy-sell ratio has risen steadily since 10 September With strong resistance at $2000, ETH investments have continued to return very low profits Ethereum’s [ETH] taker buy-sell ratio assessed on a 30-day simple moving average (SMA) has climbed to its highest level since 23 June. This, according to data from CryptoQuant. Advertisements Advertisements Source: […]

In a rare lapse in technological expertise, the recently unveiled Ethereum testnet, Holesky, failed to launch after developers discovered flaws in the testnet’s design.  Advertisements Ethereum Holesky Testnet Riddled With Misconfigurations The crypto community and Ethereum enthusiasts are presently waiting for the return of Ethereum’s Holesky testnet which was scheduled to launch on Friday, September […]

Advertisements Scroll co-founder Ye Zhang is aiming for a community-driven decentralized immutable scaling solution for Ethereum. After two years of development, a group of Ethereum idealists are close to launching their zero-knowledge EVM (Ethereum Virtual Machine) — Scroll — developed with Ethereum’s values in mind.  While there are already several zero-knowledge EVMs in existence today, […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Recently, the number of active Ethereum [ETH] users surged to over 1 million. We also saw ETH’s price rising above the $16K-price level recently. Something weird is going on with daily active Ethereum […]

Ethereum’s annual carbon footprint declined significantly since The Merge. Ethereum became deflationary, but there was yet to be a big impact on ETH’s value. Ethereum [ETH] maximalists and much of the crypto industry celebrated the one-year anniversary of The Merge, which marked a historic shift from the proof-of-work (PoW) consensus mechanism to the proof-of-stake (PoS). […]