Ethereum Watch

L2 protocols on the Ethereum blockchain reached a monthly all-time high with Optimism and Arbitrum leading the front The Ethereum network was still struggling with sustaining a improved momentum   Ethereum [ETH] layer-two (L2) protocols hit another landmark in proving its 2022 increased adoption as the gas consumption hit a monthly all-time high. This milestone […]

1inch, a leading cryptocurrency exchange aggregator, released the Rabbithole tool on 25 November, aimed at protecting users against sandwich attacks. Rabbithole allows users to send transactions to Ethereum [ETH] nodes directly, bypassing the mempool. Advertisements Users must change the Remote Procedure Call (RPC) endpoint in their crypto wallet to use it. Post this, each swap […]

stETH clinched an all-time high in its APR since the Merge Recent market downturn caused by FTX’s collapse has made it hard for its price to see much positivity stETH, the tokenized form of staked Ether native to Lido Finance, saw a jump in its annual percentage rate (APR) to an all-time high of 10.7% […]

Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week, GMX registered a new all-time daily high trading volume of $1.17 billion. Other decentralized trading platforms, such as the Polygon-based Gains Network, have also increased in popularity. Share this article URL Copied Advertisements GMX trading […]

The rate of smart contract and dApp development on Ethereum dropped in the last few months. This is unsurprising because of the bearish market condition that prevailed during the same period. Advertisements Here’s AMBCrypto’s price prediction for Ethereum (ETH) Developers are aware that their dApps are less likely to get traction during a bear market. […]

If you have invested in Ethereum (ETH), you probably want to know how well or badly (relatively) it is currently performing. Perhaps, what you want to know more is what the future has in store for Ethereum. Maybe, the best answers are in its ability to retain value in the form of liquidity. Advertisements Here’s […]

Advertisements BitMEX co-founder Arthur Hayes has high hopes for Ethereum, saying that competitors like Solana would not beat it. Hayes is bullish on Ethereum because of the amount of development going on in its ecosystem, which he says is more important than transactions per second or lower gas fees. Ethereum does beat other networks on […]

Key Takeaways Liquidity is flooding into Algorand’s DeFi ecosystem. The total value locked on Algorand hit $270 million for the first time today. Hivemind Capital deployed $25 million worth of capital in Algorand DeFi, giving the ecosystem a liquidity injection. Several other catalysts have helped Algorand boom ahead of other projects, but the rise may […]

Key Takeaways A whale manipulated the price of Mango Markets’ MNGO token to drain over $100 million from the platform. The attacker has put forward a DAO proposal that would see the project commit its treasury to paying off the bad debt. Mango CEO Daffy Durairaj has said that making users whole is his top […]

Advertisements Summary: A public call for tender was launched by the EU Commission last week. The call is for a study geared toward developing automated monitoring systems and channels for decentralized finance. DeFi operations in the Ethereum ecosystem are the main target for the commission’s so-called “embedded supervision”. The U.S. Securities and Exchange Commission also […]