Ethereum Watch

Key Takeaways Degenerative Finance has launched an experimental design space that explores different derivative products and synthetic assets. The project’s first project is uGas, synthetic gas futures for Ethereum. Depending on a user’s profile, uGas can be a helpful tool to hedge and speculate on the rise or fall of gas prices on the number […]

Key Takeaways Raoul Pal and Mark Cuban took to Twitter to discuss pain points and advantages of cryptocurrencies. Pal painted an extremely bullish picture, predicting a $20,000 price target for Ethereum. Cuban’s nuanced discussion of Aave revealed a depth of DeFi knowledge that surprised many crypto natives. Share this article Mark Cuban and Raoul Pal […]

Key Takeaways Gambling on XRP in the midst of the Ripple lawsuit could be the ultimate contrarian bet. Top tokens, Bitcoin and Ethereum soared to new highs amidst “institutional FOMO.” Try these ten DeFi protocols rumored to be launching an airdrop very soon. Share this article The first edition of Crypto Briefing’s wNews column will […]

Key Takeaways Archer DAO is taking on one of the controversial Miner Extractable Value (MEV) phenomenon within Ethereum. MEV and the network’s “Dark Forest” of apex trading bots pose existential threats to the security of Ethereum. Unveiling MEV and distributing its bounties fairly and transparently may help mitigate these threats. Share this article Archer DAO […]

Key Takeaways The crypto industry triumphed despite devastation around the world this year, with Bitcoin and Ether leading the charge. Crypto believers will remember 2020 as the year that institutional investors finally warmed to Bitcoin, and DeFi started to blossom. Signs of mainstream adoption are on the horizon, though there will be regulatory challenges ahead. […]

Key Takeaways The total number of DeFi users is currently at 1,001,461, according to data from Dune Analytics. The site analyzed usage of Ethereum-based DeFi protocols such as Uniswap, Compound, Aave, and MakerDao. The site registers the number of unique Ethereum addresses to estimate the number of users. Share this article There are now over […]

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. […]

Key Takeaways Akropolis lost $2 million in breach despite independent audit. The funds were stolen from liquidity pools connected to the project. User funds and staking pools were not affected. Share this article According to reports within the crypto community, Akropolis, an Ethereum-based DeFi lending platform, was attacked this week.  Advertisements The attacker managed to […]

Key Takeaways Value DeFi, a protocol for staking cryptoassets in exchange for yield, was exploited for $7.4 million on Saturday morning. An attacker pulled off the elaborate move by carrying out a flash loan for 80,000 ETH. Attacker also paid $2 million back to the protocol during the multi-step process. Share this article Value DeFi […]

Key Takeaways The DeFi surge in 2020 led to more than a dozen hacks over several months. More than $50 million was lost due to bugs, exploits, and hacks. Although some losses were recovered, DeFi users need to stay vigilant when interacting with applications. Share this article DeFi is nothing short of a revolution. Automated […]