Ethereum Watch

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 […]

Share this article Flurry Finance has closed a $3 million funding round. Advertisements Flurry Finance Outlines Plans for DeFi Protocol Flurry Finance, the team behind FLURRY, a DeFi protocol offering yield aggregation, recently closed its latest investment round worth $3 million. Investors include AU21 Capital, GenBlock Capital, Shima Capital, CoinUnited.io, One Block, Soul Capital, and […]

Share this article Asset management giant Grayscale is doubling down on DeFi.  Advertisements Grayscale Unveils DeFi Fund  Grayscale Investments is launching a new diversified fund focusing on DeFi.  The firm’s CEO Michael Sonnenshein announced the update on CNBC’s Squawk Box Monday. He explained that the growing demand for DeFi assets had inspired Grayscale’s decision to […]

Key Takeaways Jack Dorsey has announced that Square will set up a company to build an open platform for decentralized finance services, focusing on Bitcoin. Many have pointed out that Dorsey’s idea bears some similarities to the leading smart contract blockchain, Ethereum. Dorsey is known for his ardent interest in Bitcoin, but he’s not as […]

Advertisements ShibaSwap is currently ranked 9th on all blockchains in terms of total value locked at $2.2 Billion ShibaSwap has eclipsed known protocols such as Venus and Synthetix ShibaSwap is also ranked 10th in 24-hour users at 9,281 SHIB/USDT is still trading below the 50, 100 and 200 moving averages on the 6-hour chart The […]

Share this article DeFi adoption is showing no sign of slowing down, as the total number of unique addresses hits 3 million. Advertisements DeFi Continues to See Exponential Growth   According to data from Dune Analytics, the total number of unique addresses interacting with DeFi has passed 3 million. As of Jul. 13, the analytics […]

Advertisements DeFi users have stuck with Polygon despite lower gas fees on Ethereum DeFi on polygon continues to experience record growth due to its affordability Total DeFi users on MATIC have exceeded 420k On June 15th, the total value locked on Polygon hit an all-time high of $11.85 Billion DeFi users that have interacted with Polygon […]

Ethereum could reach $20,000 by 2025 according to a Finder’s panel. Advertisements Ethereum has since been gaining momentum, starting out at $1,000 at the beginning of the year and reaching an all time high of $4,196.63, according to Coin Metrics. Before losing steam and dropping down to its current price at $2,400. Clocking an average […]

Key Takeaways Three of DeFi’s leading projects are in dispute after Curve Finance proposed removing CRV rewards from Alchemix’s pool in the protocol. The proposal argues that Alchemix already generates yield from Curve Finance via Yearn Finance’s vaults. Alchemix recently launched its latest alETH product with Saddle, a Curve Finance fork. Share this article Some […]