Ethereum Watch

When analysts try and gauge the success of Ethereum’s decentralized finance projects, they often look to the “total value locked” metric. Advertisements Just today, the metric, up around 1,000% since the start of 2020, surpassed $6 billion for the first time ever. Many Ethereum bulls hailed the achievement of this milestone as a testament to […]

Another week, another round of Crypto Tidbits. Advertisements It’s been another volatile week for the Bitcoin market. In the past seven days, the leading cryptocurrency has traded at both $11,100 and $12,000, whipsawing between the levels as the price enters a consolidation. Ethereum, on the other hand, has been surging higher; ETH now trades for $440 […]

Ethereum has a transaction fee problem, similar to the one it and Bitcoin faced in 2017 and early 2018. Advertisements On August 12th, the cost of Ethereum “gas,” how transaction fees are calculated, hit 277 Gwei. By this writer’s estimates, that means that sending ETH was $2.25, sending ERC-20 was around $5, and trading on […]

Ethereum Classic Labs are exploring ways to protect the network and move forward following the 51% attack two weeks ago. Advertisements Initial discussion on what to do are taking place today. Attendees include IOHK CEO Charles Hoskinson, as well as other stakeholders. Advertisements Source: twitter.com Previously, Hoskinson said Ethereum Classic needs to innovate, to which […]

Ethereum’s Yam Finance protocol has been the hottest crypto project of the past 24 hours. As reported by NewsBTC previously, the unaudited protocol managed to garner $400 million worth of value in under 24 hours, with investors throwing boatloads of capital at the project. Advertisements The token of the protocol, YAM, is behind this exponential […]

Ethereum Classic was 51% attacked for the second time in less than two years. The most recent hack, which happened over a two-day period starting July 31st, netted hackers an estimated $5.6 million. Advertisements Since then, many have reached out to the Ethereum Classic team, including IOHK CEO Charles Hoskinson. Hoskinson left Ethereum in 2014 […]

Ethereum Classic suffered a 51% attack last weekend, the second such attack in less than two years. Initial investigations at the time showed no evidence of double-spending. Advertisements Advertisements Ethereum Classic (ETC) price drops after reports of a 51% attack. (Source: TradingView.com) However, almost a week on, further investigations have revealed that the attacker managed […]

Things are going from good to better for Ethereum, the second-ranked cryptocurrency by market cap. Advertisements Bitfinex CTO, Paolo Ardoino today tweeted that both spot, and perpetual, volumes for Ethereum have been consistently higher than Bitcoin during the past couple of days. $ETH volumes consistently above $BTC in the past days. Same for perps@bitfinex pic.twitter.com/lCb3PJm9TC […]

Ethereum Classic suffered a 51% attack in the early hours of August 1st. Advertisements A blog post from the ETC Cooperative said attackers flooded the network with offline mined blocks. As a result, the network was unable to process the volume of transactions, leading to a reorganization of the chain and split between nodes. “Miner […]

Another week, another round of Crypto Tidbits. Advertisements It’s been an explosive week for the Bitcoin and crypto market, to say the very least. Bitcoin surged from under $10,000 to as high as $11,500 this week. Over the past seven days, the asset has gained approximately 20% — the best weekly performance in many months. Advertisements […]