Ethereum Watch

Advertisements Summary: Seth Green is the latest victim of a phishing attack that targeted his NFT collection. According to the team at SlowMist, he lost 4 NFTs: 1 Bored Ape Yacht Club NFT, 2 Mutant Ape Yacht Club NFTs, and 1 Doodle NFT. The exploiter sold all four NFTs for a total of 160 Ethereum […]

Advertisements Summary: Ledger is working on launching a browser extension on Safari called Ledger Connect. Ledger Connect will see users of Ledger Hardware wallets connected directly with Web3 applications. Initially, Ledger Connect will only be compatible with Ethereum and Solana. Ledger Connect will first be compatible with the Ledger Nano X and Mobile Safari at […]

Advertisements Summary: Yuga Labs and the Apecoin DAO board members are reportedly listening to offers on migrating ApeCoin off Ethereum. Avalanche and Flow are allegedly negotiating for Apecoin to migrate to their chains. Neither Yuga Labs nor the Apecoin DAO has confirmed the potential migration to Avalanche or Flow. The Bored Ape Yacht Club Otherdeed […]

Advertisements Quick summary: Tron’s Justin Sun has offered to set aside $10 million in USDD to assist the average UST investor affected by the depegging of the stablecoin Mr. Sun was responding to a similar idea by Ethereum’s Vitalik Buterin, calling for ‘coordinated sympathy and relief for the average UST smallholder’ Mr. Butern also cited […]

Advertisements Summary: Aurora has launched a token fund worth $90 million geared towards financing DeFi-based applications on the Near Protocol The fund also is geared toward attracting developers to Aurora and the Near Protocol Aurora is an Ethereum Virtual Machine created by the team at NEAR Protocol Aurora has launched a $90 million token fund […]

Advertisements Nubank unveiled support for cryptocurrency investment Users will be able to trade Bitcoin and Ethereum Paxos will power the service and offer blockchain-based facilities Brazil’s Senate recently voted in favor of crypto adoption The largest neobank in Brazil and one of the biggest fintech institutions in Latin America, NuBank announced crypto trading integration on […]

Advertisements Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the first institutional DeFi offering to be rated by such a credit agency Traditional institutions have begun to weigh the significance of DeFi services Regulatory clarity could increase Compound Finance’s ratings and see more DeFi […]

Advertisements Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the stablecoin of DAI was stolen from the protocol at the time of the exploit Tornado Cash continues to be the preferred mixer for these individuals and groups of hackers The perpetrators of the 2020 […]

Advertisements Summary: Ethereum could end 2022 at $5,783 and hit $11,764 by 2025 and $23,372 by 2030 The price predictions are by Finder.com’s panel of analysts Ethereum’s increment in price is hinged on a successful upgrade to Proof-of-stake and fighting off other networks in the DeFi space The number two digital asset of Ethereum (ETH) […]

Advertisements Quick take: The Otherside Metaverse NFT mint spearheaded by Yuga Labs is thus far the largest in blockchain history 55,000 Otherdeeds NFTs were sold for a flat rate of 305 Apeocin, raising $320 million using an APE value of around $19 The mint congested the Ethereum network raising network fees to as high as […]