Ethereum Watch

Advertisements The cryptocurrency industry makes a pretty big deal out a decentralization. For many, the biggest innovation the blockchain tech-backed networks like Bitcoin and Ethereum makes possible is the complete removal of any central power in various systems. With its lack of company, foundation, and even founder, Bitcoin is clearly the king when it comes […]

Advertisements Several reports have been released in recent months suggesting that financial institutions are moving towards a cashless society — one built on top of decentralized technologies and central bank digital currencies. In addition to the fact that several countries are releasing their own Central Bank Digital Currencies (CBDCs), banks are also considering simply implementing […]

Advertisements There has always been a lot of tribalism in the cryptocurrency industry, especially when it comes to consensus methods. Power-hungry proof-of-work protocols are slowly being replaced by proof-of-stake (Pos) by many major digital currency platforms — but this too is not without its own set of potential drawbacks. Recent studies have delved into the […]

Advertisements A recent smart contract exploit resulted in the loss of 1,193 ETH. The incident has prompted questioning of the security of the rapidly evolving DeFi sector. Over the weekend, the exploitation of a smart contract vulnerability forced developers at Ethereum-based app Fulcrum to partially disable its smart contract. A recent postmortem of the security […]

Advertisements With initial coin offerings, the success story is definitely the exception rather than the rule. However, what’s even rarer, it seems, is a commendable liquidation, which is exactly what the Contents Protocol is attempting. According to a post on the project’s official website, the team behind the Korean startup failed to make a go […]

Advertisements The controversial founder of Litecoin, Charlie Lee, has criticized decentralized finance (DeFi) for being just “decentralization theater.” The comment was met with some hostility. Is decentralized finance just theater? According to Charlie Lee, it is, and the idea is no better than what we have now. A recent controversy surrounding Fulcrum, a decentralized lending […]

Advertisements The minor two-day cryptocurrency market correction has seemingly concluded as prices across the board are marching upwards once again. Ethereum, which has been on fire this year, is leading the pack smashing through resistance and hitting a seven-month high. Cryptocurrency markets have expanded by almost $20 billion over the past 24 hours as total […]

Advertisements New data on Ethereum shows that the network had experienced a massive decline in revenue generation for miners. This slump can be partially attributed to the depreciation of the ETH price, which has come down a long way from the all-time of $1,500 in 2018 to roughly $150 in 2019. Ethereum mining revenue diminished […]

Advertisements The amount of money locked in decentralized finance (DeFi) contracts has just blasted through $900M — nearly reaching $920M at the time of publishing. DeFi is increasingly looking like it will be the main driver of Ethereum’s growth as its funds continue to increase. Just days ago, BeInCrypto reported that there was $852M worth […]

Advertisements Ethereum is more than just a cryptocurrency-asset; it is an entire digital economy and ecosystem. Recent research has found that stablecoin value transfer has now flipped ETH on its network. According to the crypto-research firm Messari, ERC-20 stablecoins on the Ethereum network have now overtaken ETH itself in terms of the adjusted transfer value. […]