Ethereum Watch

Advertisements According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club collection as collateral to drain the assets. XCarnival, a liquidity provider for the Ethereum ecosystem, recovered 1,467 Ether (ETH) just a day after suffering an exploit that drained 3,087 ETH, worth roughly $3.8 million, from […]

Ethereum is slowly moving higher above the $1,200 zone against the US Dollar. ETH could continue to rise unless there is a clear move below the $1,150 support. Advertisements Ethereum is facing resistance near the $1,250 and $1,280 levels. The price is now trading above $1,200 and the 100 hourly simple moving average. There was […]

Ethereum [ETH] has had a difficult journey in 2022. The altcoin saw a peak drawdown of -79.5% from its ATH, placing its most sell-off within the upper bound of previous bear market floors. In fact, analysts have highlighted the growing “wall of worry” surrounding ETH’s atmosphere… Advertisements …so what’s in store now? A sense of […]

Advertisements Interestingly, Ethereum has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze. Ethereum’s native token Ether (ETH) has declined by more than 35% against Bitcoin (BTC) since December 2021 with a potential to decline further in the coming months. ETH/BTC weekly price chart. Source: TradingView ETH/BTC dynamics The ETH/BTC […]

Advertisements Summary: Harmony Protocol has offered a $1 million bounty for the return of the stolen funds from the hack of its Horizon bridge and for information on how it happened. Harmony Protocols’ founder has so far identified compromised private keys as the most likely root cause of the exploit. The team at Harmony Protocol […]

The year 2022 has not been very profitable for Ethereum holders. The token is 36.62% up from its cycle low at $897.06. However, it has seen its price value erode over the last eight months. Advertisements I’m losin’ it The second-largest cryptocurrency witnessed a 7% uptick as it traded above the $1.2k mark, at press […]

Advertisements Summary: Yuga Labs has announced that it has filed a lawsuit against parties slandering the Bored Ape Yacht Club NFT project. The Bored Ape Yacht Club NFT project has been the victim of conspiracies that it has ‘racist’ undertones. The Co-founder of BAYC, Gordon Goner, had earlier this week attempted to debunk such claims. […]

Solana (SOL) is the best performing asset in the crypto top 10 by market cap. The market seems to be positively reacting to Solana Labs’ smartphone announcement as the cryptocurrency is surging faster than other assets in this tanking. Advertisements Related Reading | Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead? At the time […]

It’s said that the ability to upgrade is important. All hail Ethereum as the network awaits the ‘Gray Glacier’ upgrade. In the coming days, the upgrade will be introduced to the mainnet. It is built to further delay the Ice Age (Difficulty Bomb) by roughly 100 days. Advertisements The Ethereum network will be undergoing the […]

Advertisements The top 100 DeFi tokens showed signs of recovery after last week’s mayhem, and many of the these tokens registered double-digit gains. This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash. Uniswap saw a trend reversal and overtook Ethereum regarding network fees paid. However, not all […]