Ethereum Watch

Key Takeaways Euler Finance is a second-generation DeFi lending protocol custom built to allow permissionless lending and borrowing of long-tail crypto assets. Euler has innovated and built a number of novel DeFi features, including asset tiers, reactive interest rates, risk-adjusted borrow factors, Dutch-auction liquidations, protected collateral, and batch transactions. On Euler, anyone can create a […]

If you haven’t been paying attention to what’s been happening over at Serenity Capital, you might just be surprised by all the development and bullish news coming out of the project. Advertisements At launch, Serenity was inspired by Tomb Finance but has really become much more than simply another Tomb fork. The team over at […]

Share this article URL Copied Advertisements Her Majesty’s Revenue and Customs is seeking views from investors, professionals, and firms engaged in the DeFi space.  U.K. Mulls New Tax Rules for DeFi  The U.K. government wants help deciding how DeFi activities should be taxed. In a call for evidence published on Jul. 5, Her Majesty’s Revenue […]

Uniswap [UNI] is back in the news after the token resurged amid the ongoing market recovery. The largest DeFi exchange has signs of northern movement since the start of the week. It seems like UNI’s focus is to end June on a high note after looking at the price trajectory in the last few days. […]

Ethereum, the second-largest cryptocurrency by market capitalization, is currently in freefall. Over $124 billion in capital vanished from the Ethereum (ETH) decentralized finance (DeFi) in six weeks. Advertisements Seven months ago, ETH reached its highest value ever at $4,891.70 on November 16, 2021. But it is now trading at around $1,100, which is less than […]

Key Takeaways Compound and Aave have surged by over 70% since Jun. 18. Synthetix also went parabolic at the start of the week as its trading volumes have exploded. COMP can hit $63 and AAVE $94 if the buy orders continue piling up.  Share this article URL Copied Advertisements Compound and Aave have nearly doubled […]

Advertisements Key takeaways: Uniswap labs have welcomed the former President of the New York Stock Exchange, Stacey Cunningham, as an advisor. Ms. Cunningham served as the NYSE’s first female President between 2018 and 2022. Her appointment as advisor comes at a time when DeFi protocols are under increased scrutiny from regulators. Uniswap is also reportedly […]

Advertisements Summary: The New York Department of Justice has announced that it will be charging a former OpenSea employee for alleged insider trading of NFTs. The former employee was arrested and will be presented in the United States District Court for the Southern District of New York. The charges cite that the Opensea employee used […]

Key Takeaways The DeFi savings protocol PoolTogether has raised over $830,000 in five days through its Pooly NFT mint sale. Last October, a former Elizabeth Warren staffer sued PoolTogether Inc. for running an “unauthorized lottery scheme” in the state of New York. All funds raised through the sale will go toward supporting the company’s defense […]

Ethereum is one of the most widely-adopted cryptocurrency projects worldwide. Yet, it’s hated worldwide for its sky-high gas (transaction) fees. Users globally constantly complain about the coin’s terribly-high transaction prices on various social media platforms. Advertisements Shockingly, Santiment, an on-chain and metrics platform, published on Twitter a report showing Ethereum’s transaction prices plummeting to their […]