Ethereum Watch

According to data from DefiLlama, the total value locked (TVL) for all decentralized finance (DeFi) protocols housed within different chains stood at $59.18 billion. Impacted by the general decline in the cryptocurrency market, the TVL within the DeFi ecosystem has declined by 65%.   Advertisements Built on the Ethereum network, MakerDAO, with a TVL of $7.94 […]

Ethereum is edging closer to the Merge right now, with the launch scheduled for 15 September. The Merge has already given a sharp boost to Ethereum [ETH] trading over the past month. According to data from Coin Glass, the number of Ether contracts that have not been settled has doubled to just over $8.43 billion. […]

The Merge is round-the-corner, and the Ethereum [ETH] developers may be on cloud 9. However, there are a few concerns that have been finding their way around the crypto market lately. However, the ETH community are growing skeptical of the much-awaited Merge. Advertisements It’s not all sunshine out here The issues regarding the Merge have […]

Ethereum [ETH] co-founder Vitalik Buterin has taken another dig at Bitcoin [BTC]. In a recent interview with Noah Smith, the Russian-Canadian crypto creator made a statement. This was not the first time that Vitalik claimed superiority over the number one cryptocurrency in market value.  Advertisements In 2021, he told CNN that Bitcoin could get left […]

Many Ethereum [ETH] investors may expect the Merge day to bring good tidings. However, this anticipation may need to be followed with a rethink of the situation. Advertisements This is because the community may need to withhold transacting on D-day. While this assertion should not cause panic, investors should understand that risks are involved. According […]

The buzz around the Ethereum Name Service (ENS) has witnessed ups and downs within the crypto community in 2022. April-May saw a surge in the demand for 3- and 4-digit ENS domain names. But can August reciprocate the same narrative? Advertisements Cementing my name The popularity and buzz around ENS domains witnessed all kinds of […]

Advertisements Vitalik Buterin has announced a new book called “Proof-of-Stake,” which is a collection of his writings on the making of Ethereum. The book will be available in both physical and digital editions, and individuals can receive signed digital copies and NFTs on Gitcoin. Ethereum is due to make its transition to Proof-of-Stake next month, […]

Ethereum Layer 2 solutions have witnessed a massive gain in traction and utility in 2021-22. TVL across L2 platforms went up by 130% (in ETH terms) since the beginning of this year. But two main platforms stood at the very front of this L2 leg race- Arbitrum and Optimism. Advertisements However, there might be a […]

Ethereum [ETH] witnessed a major decline below the $1,600 zone against the U.S. dollar. ETH even declined below $1,500 at press time on CoinMarketCap. Now any recovery of more than $1.5k could face hurdles but again, surpassing the line remains a possibility. Advertisements Rising amidst a storm The largest altcoin, at the time of writing, […]

Advertisements Arbitrum will deploy its Nitro upgrade on August 31  While the upgrade is live, the network will be facing a downtime of nearly 2-3 hours On August 30, Ethereum Layer 2 solution Arbitrum tweeted that the network is all set to undergo a major upgrade on Wednesday, August 31.  Dubbed Nitro, the said upgrade […]