Ethereum Watch

Key Takeaways Aave is partnering with CrescoFin to launch a decentralized money market. CrescoFin aims to bring the benefits of insured savings onto the blockchain. The development is a possible first step towards institutions turning to DeFi to manage their money. Share this article Aave, one of the most established DeFi protocols, is launching a […]

Advertisements Five price feeds will be directly published on Matic mainnet. Matic Network, a smart-contract platform acting as both a layer one and layer two for Ethereum, announced on Thursday the full launch of five Chainlink price feeds that are set to power its ecosystem. Though there are many promised or existing Chainlink integrations outside […]

Advertisements Quick take: The rate of Ethereum deposits to the ETH 2.0 contract points to a January 15th launch 104,128 ETH has been sent to the deposit contract which is 19.86% of the required total amount However, events are not always linear and ETH whales could be waiting till the last minute to deposit their […]

Ethereum rallied close to $495, but it failed to test $500 against the US Dollar. ETH price is currently correcting gains (similar to bitcoin) and showing bearish signs below $485. Advertisements Ethereum is correcting lower and trading below the key $485 pivot level. The price is holding the main $470 support level and the 100 […]

Advertisements Quick take: According to Coinmetrics, the combined market cap of popular DeFi tokens has increased with Bitcoin’s recent surge The total value locked in DeFi is still above $13 Billion The total value locked in UniSwap has exhibited a sharp decline since it ended its token rewards program The DeFi realm of the crypto-verse […]

Advertisements Despite the uncertainty around the launch of Ethereum 2.0, Bitcoin Suisse expects to make its ETH staking service available before the holidays. Crypto service provider Bitcoin Suisse expects to offer its Ethereum (ETH) staking services before Christmas, underscoring the firm’s expectations of an imminent launch of Ethereum 2.0.  In a statement released Wednesday via […]

Advertisements The Ethereum 2.0 deposit contract is open. How are things progressing, and what comes next? On Nov. 4, Ethereum (ETH) core developers hit a significant milestone. In a “quick update” on the Ethereum Foundation blog, developer Danny Ryan confirmed the release of the v1.0 specs for the hotly anticipated Ethereum 2.0 upgrade, which includes […]

Advertisements Numerous on-chain indicators suggest Ethereum price is on the verge of another 2017-style bull run. Ether (ETH) price is currently ranging between $440 and $470, which is similar to the price action seen in December 2017. Back then, the scenario ended up being incredibly bullish, and the altcoin quickly rocketed toward $1,400.  Fast forward […]

Key Takeaways Following this weekend’s Value DeFi exploit, a number of users have contacted the attacker on the blockchain urging them to return the funds. The Value DeFi team attempted to negotiate with the attacker, suggesting that they keep $1 million as a bounty. They also confirmed their plans to compensate the Value DeFi community. […]

DeFi Despite positive technological developments, the decentralized finance (DeFi) space is still rife with hacks and exploits. This much was made clear just recently, when $7 million was siphoned out of a cryptocurrency vault based on Ethereum. While many users have been adversely affected by this exploit, the unknown attack did make a move to […]