Ethereum Watch

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 […]

Key Takeaways The stablecoin yield optimizer Convex Finance has become the second-biggest protocol by total value locked. Convex has roughly $21.3 billion locked value, trailing only Curve Finance. The protocol has taken a central role in a battle for DeFI liquidity that’s been dubbed the “Curve wars.” Share this article URL Copied Advertisements Convex Finance […]

Key Takeaways Despite ever-stronger fundamentals, DeFi blue chips underperformed Ethereum by over 110%. The DeFi Pulse Index, a benchmark tracking the performance of 18 DeFi blue chips, has retraced over 55% from the all-time high price it made this year. Curve was the only blue chip protocol to outperform Ethereum in 2021, up over 900% […]