Ethereum Watch

Update April 2, 17:58 UTC: The Arbitrum Foundation released a statement to address the crypto community. It said that from the on-chain transfer of 50 million ARB tokens, 40 million ARB were allocated as a “loan to a sophisticated actor in the financial markets space.” Meanwhile, the remaining 10 million ARB tokens were converted to […]

Advertisements Summary: Ethereum Layer 2 protocol Arbitrum will airdrop native tokens under the ticker ARB to community members on Mar. 28. ARB will serve as the governance token for the protocol’s new self-executing DAO and its network – Arbitrum One and Nova. The protocol also announced a layer 3 stack for developers dubbed Orbit to […]

The Ethereum-Polygon ERC-20 bridge is the most active, data on January 23 reveals. Advertisements Polygon-Ethereum Bridge Dominant As of January 23, there were $2.18 billion of assets locked in the Ethereum-Polygon ERC-20 Bridge, almost twice the value of assets locked between the Ethereum and Arbitrum bridge which, at the time of writing, stood at $1.36 billion. […]

Ethereum, the largest altcoin underwent the much-anticipated Merge that saw it transition into a Proof-of-Stake (PoS) consensus. Well, the mechanism has changed, but ETH continues to give mixed signals to traders. Advertisements Two sides of the same coin Despite being one of the most prominent blockchains, Ethereum’s biggest drawback was its extraordinarily high transaction costs. […]

Ethereum Layer 2 solutions have witnessed a massive gain in traction and utility in 2021-22. TVL across L2 platforms went up by 130% (in ETH terms) since the beginning of this year. But two main platforms stood at the very front of this L2 leg race- Arbitrum and Optimism. Advertisements However, there might be a […]

Key Takeaways GMX is a decentralized exchange built on Avalanche and Arbitrum. It lets DeFi users trade with up to 30x leverage in a permissionless manner. GMX offers a smooth user experience that’s perfectly suited to retail DeFi traders. Share this article URL Copied Advertisements GMX users can “long” or “short” up to 30 times […]

Ethereum’s rollups were pitched as airlines and super highways to make transactions faster within the ecosystem and solve congestion problems. However, reality hasn’t quite panned out the way many rollup enthusiasts predicted it would. Advertisements I want to speak to your manager! A Huobi Research report by Barry Jiang looked at some problems with rollups […]

The world’s largest altcoin, Ethereum, despite its sheer dominance, has faced a lot of criticism given its limited transactions per second (TPS). This has often contributed to a massive surge in gas prices thanks to network congestion. Advertisements And, this is exactly where Layer 2 (L2) solutions enter the picture. Standing out On-chain activity for […]

Do you remember the day you took the training wheels off your bicycle? Maybe you liked them well enough, but knew it was time to move on. Advertisements Now, an Ethereum rollup – or a Layer 2 solution for scaling transactions – is ready to take the same step. Glass half full Optimism, an Ethereum […]