Ethereum Watch

Advertisements Another decentralized finance (DeFi) platform temporarily hit the pause button due to an attack. $25M was drained from the smart contract. Hacks and exploits in the world of decentralized finance (DeFi) seem to be increasingly more common. The latest victim is Lendf.Me — and the dApp has now been put on ‘pause.’ On April […]

Advertisements Ethereum prices at the moment are not inspiring much confidence. However, the long-awaited network upgrades slated for this year and beyond could be a major boost for the crypto asset and its adoption. Ethereum 2.0 not only heralds in a highly anticipated change in consensus mechanism; a raft of scalability solutions that could unlock […]

Advertisements An organization providing a non-custodial Bitcoin loan platform has joined up with some of the blockchain industry’s biggest names to raise funds to build a native decentralized finance (DeFi) solution for Bitcoin. Atomic Loans has raised $2.45 million in a seed round led by venture startup firm Initialized Capital. The funding round included Ethereum […]

Advertisements So far, at least six individuals have been confirmed to have contracted the novel coronavirus while at the Ethereum Community Conference in Paris earlier this month. A number of attendees of the recent Ethereum conference in Paris said that they have tested positive for the novel coronavirus. It’s currently unclear how many could be […]

Advertisements The cryptocurrency industry makes a pretty big deal out a decentralization. For many, the biggest innovation the blockchain tech-backed networks like Bitcoin and Ethereum makes possible is the complete removal of any central power in various systems. With its lack of company, foundation, and even founder, Bitcoin is clearly the king when it comes […]

Advertisements Several reports have been released in recent months suggesting that financial institutions are moving towards a cashless society — one built on top of decentralized technologies and central bank digital currencies. In addition to the fact that several countries are releasing their own Central Bank Digital Currencies (CBDCs), banks are also considering simply implementing […]

Advertisements There has always been a lot of tribalism in the cryptocurrency industry, especially when it comes to consensus methods. Power-hungry proof-of-work protocols are slowly being replaced by proof-of-stake (Pos) by many major digital currency platforms — but this too is not without its own set of potential drawbacks. Recent studies have delved into the […]

Advertisements A recent smart contract exploit resulted in the loss of 1,193 ETH. The incident has prompted questioning of the security of the rapidly evolving DeFi sector. Over the weekend, the exploitation of a smart contract vulnerability forced developers at Ethereum-based app Fulcrum to partially disable its smart contract. A recent postmortem of the security […]

Advertisements The minor two-day cryptocurrency market correction has seemingly concluded as prices across the board are marching upwards once again. Ethereum, which has been on fire this year, is leading the pack smashing through resistance and hitting a seven-month high. Cryptocurrency markets have expanded by almost $20 billion over the past 24 hours as total […]

Advertisements New data on Ethereum shows that the network had experienced a massive decline in revenue generation for miners. This slump can be partially attributed to the depreciation of the ETH price, which has come down a long way from the all-time of $1,500 in 2018 to roughly $150 in 2019. Ethereum mining revenue diminished […]