Ethereum Watch

Key Takeaways Fantom’s DeFi ecosystem has soared to new all-time highs in total value locked, trailing only Ethereum and Terra. The boom has been fueled in part by Andre Cronje and Daniele Sestagalli’s forthcoming Solidly project. Several DAOs have formed in the lead-up to Cronje and Sestagalli’s project launch. Share this article URL Copied Advertisements […]

Key Takeaways Fantom is an Ethereum-compatible Layer 1 chain with over $8 billion locked in its DeFi protocols. It hosts a thriving DeFi ecosystem, including several decentralized exchanges and yield farming protocols. DeFi on Fantom looks set to continue growing, with several highly-anticipated launches on the horizon. Share this article URL Copied Advertisements Fantom is […]

Ethereum’s scalability solution Polygon will implement this network update in its fee model via EIP-1559. According to an official post, this upgrade will introduce a burning mechanism for MATIC and will improve its fee visibility. Advertisements Related Reading | Polygon Expands Its Footprint As Evolving NFT And Gaming Ecosystems Seek Ethereum Alternatives Ethereum introduced EIP-1559 […]

Key Takeaways Tax season is approaching. Crypto investors may be liable for income tax and capital gains tax based on their activity. Capital gains tax and income taxes are applied differently based on the nature of crypto transactions. Share this article URL Copied Advertisements Crypto Briefing brings you a comprehensive guide on calculating cryptocurrency tax […]

Ethereum is one of the prominent blockchains in the crypto industry that established smart contract technology. This helped consolidate decentralized finance and checkmate third-party interference in cryptocurrency transactions. But in the past, its main challenge and setback were linked to scalability and speed in executing transactions. Advertisements As the months and years roll by, Ethereum […]

Key Takeaways DeFi Alliance has changed its organizational structure to become a decentralized autonomous organization. The DAO has raised $50 million from 300 contributors who will support Web3 startups. AllianceDAO will be publishing a whitepaper in the coming months with additional details. Share this article URL Copied Advertisements DeFi Alliance has formed a decentralized autonomous […]

The Solana network’s shot in the spotlight might just be far from over as yet, especially now that the Bank of America has expressed future optimism for the top smart contract platform, even analogizing it as the “Visa of the digital asset ecosystem” after it managed to facilitate a large number of transactions over the […]

So much of crypto is focused on traders and investors that there’s sometimes a tendency to forget about those who make the many transactions possible – the developers. To that end, Maria Shen of Electric Capital released a report on developer activity in the past year, and the numbers are formidable. Advertisements Coming on the Unchained […]

Key Takeaways Exotic Markets has raised $5 million to bring more structured products to Solana’s decentralized finance ecosystem. The private token sale included notable investors like Multicoin and Sam Bankman-Fried’s Alameda Research. Structured products can help investors finely tune their risk and yield for a wide-range of different investment theses. Share this article URL Copied […]

Soaring gas fees on the Ethereum network was a major highlight throughout crypto’s journey last year. This was undeniably a turn-off for many. Yet, it also underlined a growth in userbase, while also giving space to the ecosystem to expand, through the rise of several promising new layer-1 blockchain networks like Solana and Avalanche. Advertisements […]