Ethereum Watch

Share this article Evrynet has closed a $7 million funding round. Advertisements Evrynet Plans to Bring DeFi to Institutional Investors Evrynet is proud to announce a successful round of funding to the tune of $7 million. The round was comprised of numerous high-profile investors and backers. With the funds, Evrynet can bring decentralized finance to […]

Share this article OpenOcean has integrated Avalanche. Advertisements OpenOcean Expands to Avalanche OpenOcean, the world’s leading DeFi and CeFi full aggregator, is excited to announce that it is now live on Avalanche, a highly scalable and open-source platform for launching DeFi applications and multi-functional blockchains. The Avalanche integration enables OpenOcean users to take advantage of […]

Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Advertisements Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ […]

Share this article OpenSwap has closed a $1.5 million funding round. Advertisements OpenSwap Announces Seven-Figure Raise OpenSwap, the interchain DeFi Hub and liquidity booster for traders, has raised $1.5 million in its latest funding round. Led by prominent VC firms NGC Ventures and Coin98 Ventures, the round attracted investment from BR Capital, Legos Capital, Double […]

Key Takeaways Polkadot-based DeFi Hub Acala has integrated tools like MetaMask, Truffle and Waffle. The integration gives developers the ability to create the same user experience as on Ethereum. Using MetaMask, Ethereum users will be able to easily switch to the “Acala Market” to access Polkadot. Share this article EVM+ by Acala provides an entry […]

Share this article DeFi blue chips, Polkadot tokens, and dog coins have all reacted to the recent Bitcoin dip, falling as much as 11% over the last 24 hours. Advertisements Bitcoin Causes DeFi Pullback When it rains for Bitcoin, it pours for everything else. The world’s largest cryptocurrency fell in price for the fourth day […]

Key Takeaways Nansen’s analysts have observed continued inflows into DeFi pools backed by robust development even after the market crashed in May. 1.2 million smart contracts were deployed on Ethereum in June following the recent crash, the highest in Ethereum’s history. Despite the threat of competitors and MEV, Nansen say that Ethereum is well poised […]

Share this article Decentralized derivatives platform Perpetual Protocol has launched a new ecosystem fund based on token swaps. Advertisements Perpetual Unveils Ecosystem Fund  Perpetual Protocol, a virtual automated market maker for trading on-chain derivatives, has agreed to a partnership with three protocols to boost its ecosystem.  The team took to Twitter Monday to announce that […]

Key Takeaways Goldman Sachs has filed for an ETF focusing on DeFi and blockchain. The fund would invest at least 80% of its assets in securities, depositary receipts, and stocks of companies that advance blockchain technology and the digitization of finance. While the SEC is currently reviewing over a dozen crypto-related ETF applications, it’s yet […]

Key Takeaways Vitalik Buterin said that Ethereum “has to expand” beyond DeFi at EthCC. He discussed Ethereum’s potential as a base layer for decentralized social media, pointing out that Ethereum addresses could help users claim ownership of their identity. He also warned about that complex yield farming and token-related activities could lead to financial instability […]