Ethereum Watch

Ethereum’s volume on centralized exchanges has dropped to its lowest level in five years, according to Glassnode data. Advertisements According to the data, there are only 17.882 million ETH on centralized exchanges, around 14% of the network’s total supply. DeFi Protocol Velvet Capital noted that this low was last seen during the early days of […]

Today marks 240 days since an event the Ethereum community has come to know as “the merge.” And its effects on the total ETH supply are clear. Advertisements Arguably the most significant upgrade in its history, the merge saw the Ethereum network transition from a Proof of Work (PoW) consensus mechanism to one based on […]

DEI stablecoin suffered a multichain exploit on Arbitrum, Ethereum, and BNB Smart Chain (BSC) that resulted in a loss of about $6.5 million. But some of the stolen funds have now been returned. Advertisements DEI stablecoin issuer Deus Finance confirmed that one of its exploiters returned $1.07 million DAI to its multi-signature wallet. On May […]

The total amount of ETH deposited on the Ethereum Beacon Chain since the Shanghai upgrade has now exceeded the withdrawals made during the period. Advertisements Since the Shappella upgrade was completed on April 12, 2.32 million ETH has been deposited on the Beacon Chain, while 2.28 million ETH has been withdrawn. ETH Staking Sees Growth […]

Ethereum Foundation is already preparing for the next network upgrade, named Dencun. Despite the rollout of Shapella happening a mere three weeks ago. Advertisements Ethereum’s development ecosystem stands to receive a major upgrade with the impending release of Dencun. This next network upgrade will introduce a number of far-reaching changes. If all goes as hoped, […]

Ethereum stakers have withdrawn 1,976,138.58 ETH ($3.6 billion) in staked ETH since developers enabled withdrawals in the Shapella upgrade in April. Advertisements ETH rewards make up 80% of the withdrawals, with roughly 3% of stakers exiting the through principal deposit outflows. Lido Finance Staked About 6 Million ETH There has been a notable increase in […]

Centralized exchanges — Kraken, Binance, and Coinbase — are responsible for roughly 90% of the full-staked Ethereum withdrawals on the Beacon Chain, according to data compiled by 21 Shares Research. Advertisements A Research Analyst at 21Co, Tom Wan, noted that these exchanges were responsible for withdrawing over 877,000 ETH — amounting to 87.5% of all ETH […]

The US Federal Reserve has predicted a recession, and the IMF predicts a sluggish global economy. Is now the time to buy Bitcoin and Ethereum? Let’s consider their performance so far this year and analysts’ forecasts. Advertisements Federal Reserve meeting minutes suggest that the US banking crisis will likely push the economy into a recession […]

Lido’s Staked Ethereum (stETH) market cap reached an all-time high of over $12 billion. Advertisements According to BeinCrypto data, Lido stETH is now the eighth largest digital asset by market cap — ahead of top cryptocurrencies like Dogecoin, Solana, and Polygon. Lido Staked Ethereum (Source: BeInCrypto) The Cryptocurrency’s market cap first topped 12 billion on […]

Bankrupt crypto lender Celsius has withdrawn 6,521 staked Ethereum — worth over $13 million — since the network-enabled withdrawals through the Shapella upgrade. Advertisements On-chain investigator Lookonchain reported on April 14 that 239,882 ETH — worth $504.5 million — had been withdrawn. The top three addresses withdrawing their assets were the bankrupt lender, liquid staking […]