Ethereum Watch

Advertisements Quick take: DappRadar has released its Q3 DApp Industry Report Ethereum’s transaction volume grew by $109 Billion in Q3 when compared to Q2 Ethereum continues to dominate as the blockchain with the most DApp activity The team at DappRadar has released the Q3 Dapp Industry report which analyses the performance of 13 blockchains in […]

Advertisements In summary: The Filecoin Mainnet will launch at epoch 148,888 estimated to occur on October 15th ConsenSys Codefi has added support for Filecoin to accelerate the adoption of the Network This will be by enabling users with hosting needs to find the best storage prices from reputable miners Additionally, the DeFi bridge by Codefi […]

Advertisements Quick take: The average number of daily active Ethereum addresses has risen from 338,375 to 389,947 in the past 12 days During this time period, Ethereum’s network has grown by 13.2% The increased network activity is one reason Ethereum has its eyes set at $400 The month of October kicked off on a good […]

Advertisements Quick summary: The popularity of DeFi and Decentralized Exchanges since June 2020, has led to Ethereum experiencing high ETH fees Miners are reaping big from these Ethereum transactions thus attracting new miners to the network The value of Ethereum will continue to benefit positively from the demand to pay transactions with ETH The team […]

Advertisements Quick take: Multiple Ethereum based projects affected by the KuCoin have intervened Some have frozen their ERC20 tokens with others initiating hardforks  The KuCoin hack amount has increased to $203 Million and could continue climbing Almost immediately after the KuCoin hack, the team at Tether announced that it had frozen a total of $33 […]

Advertisements Quick take: According to Weiss Ratings, buying and holding Bitcoin is a better option than holding ETH 2017 was the first time ETH hit $300 when Bitcoin was at $1,000 ETH is still in the $300 levels with BTC now 11x higher Ethereum is a good trading instrument but Bitcoin is a better option […]

Advertisements Quick take: KuCoin’s risk management system detected unusual crypto withdrawal activity beginning today, 2:51 am (UTC +8) The exchange soon confirmed it was a hack KuCoin CEO, Johnny Lyu, confirmed KuCoin has an insurance fund to cover all losses $150 Million in Bitcoin, Ethereum and other ERC20 tokens was taken KuCoin is in constant […]

Advertisements In brief: The team at Weiss Ratings has cautioned investors against using Tether (USDT) They cite that USDT is not 100% backed by fiat and Tether is running like a fractional reserve bank They recommend USDC which is subject to constant audits and 100% backed DAI is also an alternative given its transparency via […]

Advertisements Quick take: Ethereum’s adjusted transfer of value (7-day average) has exceeded that of Bitcoin ETH accomplished this feat on the 6th of September and has continued to increase its lead The Ethereum network continues to process over 1 Million transactions per day setting an all-time high of 1.4 Million on September 17th when UniSwap […]

Advertisements In brief: Ethereum balances on exchanges have seen a drastic drop since the popularity of DeFi in August Ethereum investors continue to lock their ETH in smart contracts in DeFi protocols ETH volume on Decentralized exchanges is also growing drastically Ethereum price could once again attempt to revisit $400 In an earlier analysis, it […]