Ethereum Watch

Advertisements The market crash witnessed on March 12 nearly brought the Ethereum-powered DeFi sector to a halt as the ether price took a serious nosedive. The situation was severe to the extent that MakerDAO, the largest DeFi player on the network, contemplated an emergency shutdown. Ethereum has emerged to be a significant player in the […]

Advertisements The world economy experienced a meltdown last week that saw almost all assets fall across the board. Let’s look at which ones were the most affected. Coronavirus fears have infected the entire global economy, whipping it into a hysteria unlike anything we’ve ever seen before. Depressed demand coupled with strict travel restrictions may induce […]

Advertisements A recent tweet is gaining buzz in the cryptocurrency community claiming that we are ‘in 1997’ when it comes to decentralized finance (DeFi). In other words, it’s still very early. If you’re a believer in the potential of decentralized finance (DeFi), then you probably view it as a long-term bet. The prevailing opinion on […]

Advertisements So far, at least six individuals have been confirmed to have contracted the novel coronavirus while at the Ethereum Community Conference in Paris earlier this month. A number of attendees of the recent Ethereum conference in Paris said that they have tested positive for the novel coronavirus. It’s currently unclear how many could be […]

Advertisements A transaction was recorded earlier today on the Ethereum blockchain with a fee of 656 ETH. The reason remains a mystery. With the market turmoil and fear sweeping the cryptocurrency market, some strange happenings have been recorded on the blockchain. Ethereum, for example, had a transaction earlier today which left many scratching their heads. […]

Advertisements The recent crash in the cryptocurrency market followed the first big dip of the year that began at the end of February and sent many investors into the red. However, there are cases of savvy Ethereum whales who have managed to make a profit dumping their coins at opportune moments. Traditional markets, oil, and cryptocurrencies […]

Advertisements The cryptocurrency community isn’t buying a theory suggesting that a coronavirus-prompted recession will make Ethereum decentralized financial (DeFi) applications more popular. Investor Ryan Sean Adams made the case that efforts to mitigate the impact of an increasingly likely recession would create further confidence in Ethereum, driving DAI rates up and attracting “millions” of users. […]

Advertisements Gas prices on Ethereum have spiked to their highest level in more than a year. Prices tanking across the entire industry have investors rushing for the exits and driving the cost to use the network up. After a rocky week or so, cryptocurrency prices made some of their most dramatic moves to date today. […]

Advertisements After camping around the support area at $7,800 for the past few days, Bitcoin has resumed its retreat and is currently trading at $7,600 at the time of publishing. As if the current woes of the market weren’t bad enough, Binance users in Turkey are suspecting that the exchange may have been somehow compromised. […]

Advertisements Zhen Yu Yong, the co-founder of Torus Labs, has just confirmed that he has contracted the novel coronavirus. Yong recently attended both the ETHLondon and Ethereum Community Conference. A participant in two recent Ethereum conferences has come down with the coronavirus. It has raised concerns that others who were present at the convention may […]