Ethereum Watch

Advertisements Virgil Griffith, a former Ethereum Foundation developer who was indicted and arrested in January 2020 for attending a cryptocurrency conference in North Korea has filed his defense in court. The case, which is being prosecuted in the U.S. District Court of the Southern District of New York accuses Griffith of teaching North Korean officials […]

Massive spikes in stablecoin and decentralized finance (DeFi) transactions have seen Ethereum (ETH) overtake Bitcoin (BTC) in total value transaction volume. Advertisements The Ethereum network has also suffered multiple network congestions owing to this uptick. Fees spike on such occasions, resulting in miners earning more from transaction costs than the actual block rewards. Ethereum May […]

The Ethereum (ETH) price has been consolidating inside both a long and short-term range since the beginning of September. Until the price moves outside of this, the direction of the trend remains unclear. Advertisements Long-Term Levels The Ethereum price is currently trading between two important support and resistance levels, found at $370 and $455, respectively. […]

If implemented, a much-discussed Ethereum Improvement Proposal (EIP) would have resulted in the burning of almost a million Ether (ETH) in 2020, according to data published by Spencer Noon of crypto investment fund DTC Capital, on Oct. 16. It would have also alleviated those massive spikes in gas prices. Advertisements The Ethereum Improvement Proposal that […]

Blockchain startup ConsenSys has unveiled a new organization dubbed Mesh, which is part of the company’s broader plan to separate its investment and portfolio management business from its software arm. Advertisements Mesh is the brand under which ConsenSys will oversee its blockchain startups, of which there are more than 100, including the likes of BlockFi, […]

Driven by decentralized finance (DeFi) activity, the pace of transactions on Ethereum (ETH) has reached new levels, in recent months. Advertisements This has thrust the network’s scalability issues back onto center stage. As such, the crypto industry is eagerly awaiting the launch of Ethereum 2.0 (Eth2) after the Medalla testnet, which has ostensibly been making […]

The hottest thing to emerge for Ethereum holders this week has been Yearn Finance’s yETH high-yield farming pool. It has survived its first tribulation as ETH prices dumped 14% on the day. Advertisements This week, Yearn Finance’s DeFi platform, which recently launched insurance incentives, unveiled two new high yielding vaults for Ethereum holders. One is […]

With the flurry of activity in the decentralized finance (DeFi) space, the number of Ethereum (ETH) contract calls continues to increase. Advertisements As numerous DeFi projects emerge weekly, dry-runs and tests on smart contracts are increasing as developers work out bugs. The Ethereum blockchain itself is also experiencing significant congestion leading to a massive hike […]

One of Ethereum’s most sought after upgrades is being discussed again as momentum for approval and implementation mounts. It could effectively change the fee market mechanism by burning a little ETH for every transaction made. Advertisements As Ethereum demand has grown over the past few months, propelled by the boom in DeFi applications and protocols, […]

A new Ethereum Improvement Proposal (EIP) which aims to decrease the network’s mining reward is currently being debated. EIP-2878 looks to drop the block reward to just 0.5 ETH. Advertisements Those behind the new EIP claim it will bring annual inflation down and preserve the purchasing power of ether. However, those opposed say the change […]