Ethereum Watch

Advertisements Miami City Mayor has announced a new NFT venture in collaboration with Time magazine, MasterCard, and Salesforce The city will be launching 5000 ethereum NFTs designed and created by 56 local artists The venture is set to bolster local businesses and help them earn more revenue.  Miami City mayor Francis X Suarez recently unveiled […]

Advertisements Summary: A digital wallet belonging to Axie Infinity CEO allegedly moved $3 million worth of AXS to Binance before the announcement of the $600 million exploit on the Ronin Bridge. Crypto Youtuber, Asobs, was the first to spot the significant AXS transaction from the wallet. Sky Mavis’ spokesperson has explained that the AXS was […]

Advertisements Ethereum’s futures trading volume has exceeded bitcoin’s. Currently, the ETH volume is at $11 billion and the BTC volume is at $10 billion. Ethereum may be due for many more milestones as the Proof-of-Stake transition edges closer. Ethereum’s futures trading volume has crossed that of bitcoin’s for the first time in about a year, […]

Advertisements Summary: Ethereum’s Vitalik Buterin has suggested that the Ethereum Classic community will definitely welcome proof-of-work fans after the Merge. He points out that Ethereum Classic is ‘totally fine chain.’ ETC’s price has benefited from the speculation that the Ethereum Classic network will absorb some of Ethereum’s ecosystem in terms of miners and dapps post-Merge. […]

Advertisements Summary: Polygon has unveiled zkEVM, a layer 2 scaling solution that users zero-knowledge proofs to scale and reduce transaction costs on Ethereum. Polygon’s co-founder, Mihailo Bjelic, has described zkEVM as the ‘holy grail of Web3 infrastructure.’ Polygon zkEVM is estimated to reduce Ethereum fees by 90% compared to current costs on Ethereum’s layer 1. […]

Advertisements Summary: Disney has invited Polygon (MATIC) to participate in its 2022 Accelerator Program, focusing on NFTs, AI, and Augmented Reality. Polygon (MATIC) is the only blockchain project selected in a list of six. The world-renowned Walt Disney company has invited the Polygon Network (MATIC) to its 2022 Accelerator Program. This year’s Disney Accelerator class […]

Advertisements Summary: Grayscale has added Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC) to its list of assets under consideration. The crypto-focused Wall Street Investment Firm known as Grayscale has expanded its list of assets under consideration to include Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC). The Grayscale team announced the new […]

Advertisements Summary: BlockFi CEO has requested crypto journalists and market commentators, not to mention the company alongside Voyager Digital and Celsius Network. He states that BlockFi has remained financially functional while Voyager and Celsius have not. BlockFi’s CEO, Zac Prince, has requested crypto journalists and market commentators, not to mention the company alongside Voyager Digital […]

Advertisements Summary: Voyager Digital has updated on the status of its customer’s USD and crypto. The crypto lending platform emphasizes that customers’ USD deposits are safe. Voyager states it has approximately $1.3 billion worth of crypto assets and $650 million in claims against Three Arrows Capital. The team has proposed a reorganization plan where its […]

Advertisements Summary: Crypto and NFT projects that once called Terra home have started to migrate to the Polygon Network (MATIC). According to Polygon Studios CEO, 48 projects have started the migration, including the OnePlanet NFT marketplace and Derby Stars metaverse game. In late May, Polygon Studios CEO announced an uncapped migration fund for projects willing […]