Ethereum Watch

Key Takeaways The DeFi savings protocol PoolTogether has raised over $830,000 in five days through its Pooly NFT mint sale. Last October, a former Elizabeth Warren staffer sued PoolTogether Inc. for running an “unauthorized lottery scheme” in the state of New York. All funds raised through the sale will go toward supporting the company’s defense […]

Ethereum is one of the most widely-adopted cryptocurrency projects worldwide. Yet, it’s hated worldwide for its sky-high gas (transaction) fees. Users globally constantly complain about the coin’s terribly-high transaction prices on various social media platforms. Advertisements Shockingly, Santiment, an on-chain and metrics platform, published on Twitter a report showing Ethereum’s transaction prices plummeting to their […]

Key Takeaways Crypto’s DeFi sector has been trading in a bear market for over a year, with many of its top projects falling over 80% from their all-time highs. MakerDAO, Aave, and Uniswap have been trading downwards over the period, despite retaining or improving fundamentals. The second-largest lending protocol, Compound, has lost 92.5% in value […]

Coin flows can tell us a lot about the movements of coins and tokens through the crypto market, as well as investors’ reactions to the market. However, does the latest data match what’s really going on at the exchanges? Advertisements Let me ETH a look at this Glassnode’s weekly coin flows update revealed that Bitcoin […]

The crypto market is showing signs of recovery, and it seems Cosmos has also been pulled in the same direction with an increase of 12% in the last 24 hours. Advertisements Cosmos (ATOM), the 27th biggest cryptocurrency, has a total market cap of $3.2 billion. ATOM, the token that fuels the Cosmos blockchain network, has […]

Advertisements Summary: Aurora has launched a token fund worth $90 million geared towards financing DeFi-based applications on the Near Protocol The fund also is geared toward attracting developers to Aurora and the Near Protocol Aurora is an Ethereum Virtual Machine created by the team at NEAR Protocol Aurora has launched a $90 million token fund […]

Key Takeaways Daily trading volume on DeFi exchange Curve Finance has hit a new all-time high of $6.8 billion. Fears over USDT losing its dollar peg and the sharp decline in Bitcoin and Ethereum prices has fueled trading on Curve. Centralized exchanges such as Kraken and Bitfinex have also seen more than 100% increases in […]

Advertisements Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the first institutional DeFi offering to be rated by such a credit agency Traditional institutions have begun to weigh the significance of DeFi services Regulatory clarity could increase Compound Finance’s ratings and see more DeFi […]

Advertisements Summary: The Ronin Network team has published a postmortem report on the exploit that happened on March 23rd The report explains that a Sky Mavis employees are under constant advanced spear-phishing attacks on various social networks One employee was compromised, leading to access to 4 of Sky Mavis’ validator nodes Moving forward, Sky Mavis […]

Share this article URL Copied Advertisements The DEUS team said that user funds were safe.  DEUS Finance Suffers Flash Loan Exploit  DEUS Finance DAO is the latest DeFi protocol to suffer a major attack.  The multi-chain DeFi project, which runs on Ethereum, Fantom, BNB Chain, and a number of other Layer 1 networks, was targeted […]