Ethereum Watch

Advertisements Another decentralized finance (DeFi) platform temporarily hit the pause button due to an attack. $25M was drained from the smart contract. Hacks and exploits in the world of decentralized finance (DeFi) seem to be increasingly more common. The latest victim is Lendf.Me — and the dApp has now been put on ‘pause.’ On April […]

Advertisements An organization providing a non-custodial Bitcoin loan platform has joined up with some of the blockchain industry’s biggest names to raise funds to build a native decentralized finance (DeFi) solution for Bitcoin. Atomic Loans has raised $2.45 million in a seed round led by venture startup firm Initialized Capital. The funding round included Ethereum […]

Advertisements For some reason, Bitfinex longs for Ethereum are dominating. Almost 90% of all margin traders are longing ETH on the exchange. The overwhelming amount of longs for ETH has some speculating that we could see a massive long squeeze shortly—or maybe these traders know something the rest of us don’t. There is confusion over […]

Advertisements In mid-February, the total value locked in decentralized finance (DeFi) was around $1.2 billion. That number is now around $500 million. Decentralized finance (DeFi) has been all the rage in the past few months. Dominated by Ethereum (ETH), it still remains popular. However, the recent crisis has demonstrated that the idea suffers a serious […]

Advertisements The world economy experienced a meltdown last week that saw almost all assets fall across the board. Let’s look at which ones were the most affected. Coronavirus fears have infected the entire global economy, whipping it into a hysteria unlike anything we’ve ever seen before. Depressed demand coupled with strict travel restrictions may induce […]

Advertisements A recent tweet is gaining buzz in the cryptocurrency community claiming that we are ‘in 1997’ when it comes to decentralized finance (DeFi). In other words, it’s still very early. If you’re a believer in the potential of decentralized finance (DeFi), then you probably view it as a long-term bet. The prevailing opinion on […]

Advertisements So far, at least six individuals have been confirmed to have contracted the novel coronavirus while at the Ethereum Community Conference in Paris earlier this month. A number of attendees of the recent Ethereum conference in Paris said that they have tested positive for the novel coronavirus. It’s currently unclear how many could be […]

Advertisements A transaction was recorded earlier today on the Ethereum blockchain with a fee of 656 ETH. The reason remains a mystery. With the market turmoil and fear sweeping the cryptocurrency market, some strange happenings have been recorded on the blockchain. Ethereum, for example, had a transaction earlier today which left many scratching their heads. […]

Advertisements The recent crash in the cryptocurrency market followed the first big dip of the year that began at the end of February and sent many investors into the red. However, there are cases of savvy Ethereum whales who have managed to make a profit dumping their coins at opportune moments. Traditional markets, oil, and cryptocurrencies […]

Advertisements Gas prices on Ethereum have spiked to their highest level in more than a year. Prices tanking across the entire industry have investors rushing for the exits and driving the cost to use the network up. After a rocky week or so, cryptocurrency prices made some of their most dramatic moves to date today. […]