Ethereum Watch

Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm. The report re-affirms the accuracy of Tether’s Consolidated Reserves Report (CRR), which details the assets held by the group as of March 31, 2023. […]

Ethereum’s (ETH) staking ecosystem has made headlines in the blockchain space since the recent Shanghai upgrade. As the crypto market continues to grow, Ethereum has emerged as a market leader in staking, offering some of the best yields and attracting more investors. But what exactly makes Ethereum’s staking so attractive? Advertisements Ethereum Staking Goes Big […]

Advertisements Summary: OG MetaMask addresses have lost over 5000 ETH in assets, NFTs, and tokens since December 2022, MetaMask developer Tay Vano said on Twitter. The hackers drained wallets across 11 chains, swapping other cryptos for Bitcoin and Ether before moving the funds to a centralized swapper. Tay Vano said the exploiter most likely laid […]

Advertisements Summary: Ethereum validators will finally be able to access 1.1 million ETH in rewards just days after developers unlock staked Ether with the Shapella upgrade. Validators will be able to make partial withdrawals from around $2 billion in rewards, with the option of full withdrawals depending on the validator entity. Staked ETH depositors and […]

Advertisements Summary: Ethereum’s native asset ETH traded around $1900 on Tuesday hours ahead of the Shapella update that developers promise will unlock staked Ether. The update scheduled for April 12 at 11 pm UTC is Ethereum’s most important technological upgrade since the Merge. Bitcoin rose above $30,000 for the first time since June 2022, pushing […]

Advertisements Summary: The Shanghai-Capella upgrade scheduled for April 12 should unlock over $30 billion in staked ETH on Ethereum’s beacon chain. Clients are advised to upgrade their nodes ahead of Shapella’s arrival, core developer Tim Beiko said. It’s unclear if selling pressure might increase after the unlock enables withdrawals for over 16 million stETH. Ethereum’s […]

The upcoming Shapella upgrade for Ethereum (ETH) is set to introduce several new features to the network, including the ability for users to withdraw their staked ether. While this is a new milestone for Ethereum users, there is some concern about whether it can lead to a sell-off and potentially result in a decline in […]

Advertisements Summary: On Friday, Matter Labs launched zkSync Era for users, beating other zero-knowledge developers like Polygon to the punch. The project already opened its so-called “first ZK Ethereum Virtual Machine-compatible” product to developers a month ago. Matter Labs CEO Alex Gluchowski cautioned users to “take it carefully” and not “just ape into it” as […]

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 […]

Advertisements Summary: Ethereum developers agreed to test the Shanghai or Shapella update on Goerli on March 14. Goerli marks the largest and final public testnet to mimic withdrawals for staked Ether before the upgrade goes live on ETH’s mainnet. Developers hinted that the upgrade’s mainnet launch could happen slightly later than expected, in the second […]