Ethereum Watch

NFTs often become punchlines, with countless “right-click and save” memes being born as a result of the same. On the flip side, however, traditional artists are speaking out about the pain of seeing their work stolen and minted as NFTs without their permission. Advertisements Thou “Art” a thief On 18 December, Liam Sharp, a British […]

Do you remember the day you took the training wheels off your bicycle? Maybe you liked them well enough, but knew it was time to move on. Advertisements Now, an Ethereum rollup – or a Layer 2 solution for scaling transactions – is ready to take the same step. Glass half full Optimism, an Ethereum […]

Key Takeaways Circle has announced that it will be launching native support for its dollar-pegged USDC stablecoin on Avalanche. Following the integration, users will be able to mint and redeem USDC directly on Avalanche. USDC is already the most widely used stablecoin on Avalanche. Share this article URL Copied Advertisements Circle is launching a native […]

The DeFi’s market movement has been quite dismal over the past few weeks. Right from MKR, AAVE, and COMP to UNI, SUSHI, and YFI, almost all the top tokens from this space have been incurring losses. Advertisements Amidst the larger downtrend or ‘winter’ phase going on, the aggregate value locked in DeFi slipped to $85 […]

Key Takeaways Joseph Delong has left Sushi following internal conflict with other developers. The news comes amid a wave of controversies and several months after co-founder 0xMaki stepped down from a leadership role to an advisory role. Sushi has historically been controversial but is still regarded as one of the most notable DeFi projects. Share […]

Key Takeaways Enso Finance, a new DeFi index and social trading platform, has announced its mainnet launch due on Dec. 9. The launch will involve bootstrapping liquidity through a simultaneous vampire attack on six competing protocols. Users migrating liquidity to the platform will be rewarded with NFTs and Enso’s native tokens. Share this article URL […]

2021 saw a significant proportion of developers shifting from Ethereum to rival blockchains. Primarily, because the Ethereum network continued to fight high gas fees and congestion. Well, one network that hugely benefitted from this situation was Solana. Its meteoric rise over 2021 positioned it as one of the main Ethereum-killers. Advertisements Solana’s native token Sol […]

Key Takeaways BadgerDAO has suffered a major frontend attack. The hacker reportedly compromised Badger’s user interface by inserting a malicious script that prompted users to give the hacker permission to spend their funds. Smart contract auditing firm Peckshield has estimated the value of the stolen funds to around $120 million. Share this article URL Copied […]

Key Takeaways Tokemak is an emerging protocol that aims to offer deep and sustainable liquidity to DeFi projects. Using Tokemak, DeFi projects can reduce the costs for securing and sourcing liquidity by three to four times. For liquidity providers, Tokemak provides higher yields and impermanent loss protection through single-sided staking pools. Share this article URL […]

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