Ethereum Watch

Ethereum Classic suffered a 51% attack in the early hours of August 1st. Advertisements A blog post from the ETC Cooperative said attackers flooded the network with offline mined blocks. As a result, the network was unable to process the volume of transactions, leading to a reorganization of the chain and split between nodes. “Miner […]

This weekend’s epic crypto market momentum has been a remnant of the volatile action witnessed in late 2017. Ethereum has been in the driver’s seat, but instead of the ICO-saturated market of yesteryear, DeFi platforms are now dominating the sector in 2020. Advertisements Cryptocurrency markets have reached their highest levels this year in terms of […]

Advertisements In brief: After breaking $12k and $400, Bitcoin and Ethereum fell hard to $10,500 and $325. Crypto traders were caught off guard with over $1 Billion in liquidations. The volatility might just prove that we are in a crypto-wide bull market. The month of August opened on a high note in the crypto markets. […]

Advertisements A look into DeFi versus ICOs as another year passes for Ethereum. The Ethereum network has just turned five years old. Although the project was first announced at the North American Bitcoin Conference in January 2014, its genesis block was only mined on July 30, 2015. Since then, Ether (ETH) has become the dominating […]

Advertisements Ethereum price hit a 2-year high today and 3 factors suggest the altcoin could rally even higher. In the last two weeks, Ether (ETH) price increased by 75% as the price rallied from $222 to $400. Many investors believe Ether’s momentum is buoying the entire market, and possibly even pushing Bitcoin (BTC) upwards. Advertisements […]

Advertisements In brief: Earlier today, Etheruem Classic experienced a chain split that hinted of a possible 51% attack.  Crypto exchanges were advised to pause deposits and withdrawals.  Investigations are still ongoing with an initial diagnosis hinting that the chain split was not malicious in nature.  Unmined transactions will be re-submitted.  Earlier today, EtherChain, the team […]

Advertisements Ethereum classic was attacked? ETC network briefly goes down for maintenance, diagnosis report explains what happened. On August 1, several figures associated with Ethereum Classic (ETC) took to Twitter to inform the community of issues with the ETC blockchain. Among the first was Ethereum Foundation member Hudson Jameson who stated that: “Exchanges need to […]

Advertisements Quick summary: The short term correlation between Ethereum and Bitcoin is gradually dropping. The drop could signal the end of a 3-year high correlation between BTC and ETH. The last time Ethereum’s correlation with Bitcoin dropped significantly, was in 2017 and before the crypto-wide bull cycle. The short term correlation between Ethereum (ETH) and […]

Another week, another round of Crypto Tidbits. Advertisements It’s been an explosive week for the Bitcoin and crypto market, to say the very least. Bitcoin surged from under $10,000 to as high as $11,500 this week. Over the past seven days, the asset has gained approximately 20% — the best weekly performance in many months. Advertisements […]

Key Takeaways Transaction and gas costs on Ethereum have surged in 2020 While the increase in Gas costs coincided with the DeFi craze, data shows that the sector is not the primary reason behind Ethereum’s clogged network The Ethereum-based Ponzi scheme Forsage drives transaction fees up because of its expensive registration procedure Share this article […]