Ethereum Watch

On the back of soaring NFT activity, Ethereum tests $1,700. On-chain metrics show the recent ETH price downswing could dip further in March 2023. Advertisements Ethereum (ETH) was lauded after EIP-1559 successfully passed, enabling a mechanism for network transaction gas fees paid to be burned. It marked the start of the disinflationary era for the […]

ConsenSys will launch a permissionless testnet for its zero-knowledge Ethereum Virtual Machine rollup on March 28, 2023, hot on the heels of Polygon Labs. Advertisements The testnet will be compatible with the self-custodial wallet MetaMask to move tokens on and off the network. Developers can prototype new applications using dApp development platforms Truffle, Hardhat, Foundry, […]

DeFi protocol Oasis Network said it helped Jump Crypto recover some of the stolen funds in the $300 million Wormhole exploit of February 2022, according to a Feb. 24 statement. Advertisements The platform disclosed that it acted based on an order from the High Court of England and Wales. Following the order, it helped to […]

Ethereum core developers want to build a new testnet called Holesky which will solve the issue of testnet token distribution for developers currently using the Goerli testnet. Advertisements In a Feb. 23 tweet, Ethereum’s core developer, Tim Beiko, said the developers were planning a new testnet Holli for later this year. The testnet could be […]

The Shapella hard fork will activate on the Sepolia testnet at 4 p.m. UTC on Feb. 28, 2023, to test validator staking withdrawals as tests continue on the previous Zheijang testnet. Advertisements According to the Ethereum Foundation, the Shapella hard fork, a combination of Shanghai and Capella execution and consensus layer forks, will go live […]

The Ethereum (ETH) price is trading slightly above a crucial resistance level at $1,664. Reclaiming it would be a positive signal for the future price. Advertisements ETH is the native token of the Ethereum blockchain, created by Vitalik Buterin. After the release of Ethereum 2.0, it moved to a proof-of-stake (PoS) consensus mechanism. Ethereum developers launched […]

According to Ethereum developer Barnabas Busa, the Ethereum Zheijang public withdrawal testnet will go live on Feb. 1, 2023, at 15:00 UTC as a precursor to the upcoming Shanghai upgrade planned for March 2023. Advertisements According to Busa, the testnet will set the stage for the Shanghai and Capella forks that will allow validators to […]

Bitcoin and Ethereum’s adoption over the past year grew despite the bear market condition and the collapse of several crypto firms, according to a Coingecko report. Advertisements Despite Bitcoin and Ethereum’s value dropping by over 60% in 2022, crypto investors still made significant investments in the flagship digital currencies. According to the report, the number […]

2023 is starting as a great year for cryptocurrencies, with Bitcoin trading above $20,000 for the first time since FTX collapsed in November 2022. Advertisements The flagship digital asset is up 25.9% over the past 14 days and saw a rapid increase of 11% in the last 24 hours to cross the $20,000 mark. The […]

The Ethereum network is set for a major upgrade in March. Dubbed Shanghai, the upgrade will finally release ETH staked on the Beacon Chain, but it isn’t as simple as that. Advertisements When the Ethereum network gets upgraded in March, ETH staked in late 2020 will finally be released. However, it will not happen simultaneously […]