Ethereum Watch

Advertisements The ETHW token’s value has dropped 60% a day after its launch on the mainnet. The token was earlier trading at $60.08. However, at press time, the token has documented a fall of 60% and is currently sitting at $11.75. The Ethereum PoW fork token, which launched 24 hours after the Ethereum merge deployment, […]

Advertisements The Ethereum core developer team has discussed the tentative dates for the Merge to take place. The dates are not definitive; however, the devs have agreed that the Bellatrix update would land on September 6, and the Paris update would target September 15. The Merge is planned to take place before the end of […]

Advertisements Summary: Grayscale has added Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC) to its list of assets under consideration. The crypto-focused Wall Street Investment Firm known as Grayscale has expanded its list of assets under consideration to include Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC). The Grayscale team announced the new […]

Advertisements Summary: Circle’s CEO has published a Twitter thread quelling fears and rumors that USDC is on the brink of collapse. He added that it is understandable why the crypto community would worry about USDC, given the recent collapse of several crypto projects. He reaffirms Circle is committed to being transparent with its reserves fully […]

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 […]

Advertisements Quick take: Tether (USDT) has launched on the Polygon (MATIC) network. Polygon’s DeFi ecosystem is set to benefit from Tether’s availability on the network. USDT issued on Tron continues to be higher than that issued on Ethereum. A total of $72.537 billion Tether is in circulation with the stablecoin remaining at the number three […]

Advertisements Quick take: Over 34 million addresses that hold ETH are in loss positions. The second-largest crypto is down over 10% in the last week. Other altcoins across the market are also down as the markets hit a lull. Ethereum’s transition to PoS could still happen in August despite the reorg attack on the Beacon […]

Advertisements Summary: USDC’s reserves are 77.1% ($39 billion) in US Treasuries and 22.9% in Cash ($11.6 billion) The reserves are worth $50.6 billion and match the amount of USDC in circulation Circle, the parent company of USDC, is committed to transparency and trust concerning the stablecoin The update on USDC’s reserves comes at a time […]

Advertisements Ethereum gas prices have soared as the ApeCoin token recorded staggering transaction and withdrawal volumes on popular decentralized exchange Uniswap. The governance token inspired by the highly-rated NFT collection Bored Apes Yacht Club has also experienced significant activity of crypto platforms like FTX. Due to massive surges in the trading activity of the ERC-20 […]

Advertisements Shiba Inu (SHIB) is now the third-largest consumer of gas on the Ethereum network This milestone is the result of ShibaSwap going live earlier today ShibaSwap is a decentralized exchange and DeFi protocol focusing on the Shiba Inu ecosystem Three tokens are at the core of ShibaSwap: SHIB, LEASH and BONE Shiba Inu (SHIB) […]