Ethereum Watch

Ethererum‘s much-anticipated “Merge” seem to be closer than ever. DeFi investors are hoping that Ethereum’s ‘Merge’ will pull the crypto market out of its current bear market. Advertisements All roads lead to ‘YOU’ The second-largest cryptocurrency has significantly suffered in 2022. Data from DeFiLlama shows, that the total value of assets locked in the space […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum [ETH] left its investors quite disgruntled after its inability to break the chains of its daily 20 EMA (red) for two months now. The ripples of the recent Bitcoin rally aided ETH’s falling […]

The road to recovery is not always an easy path, and recovery amidst a volatile cryptocurrency market is not easy, especially when the cryptocurrency is Ethereum, the king of altcoins. Advertisements But as it turns out to be, a very good recovery might as well be on the charts for the altcoin given its current […]

Advertisements The Ropsten beacon chain launched today, setting the stage for a merge. Ethereum beacon chain set to emerge with the Ropsten testnet on June 8. Ethereum’s move towards proof-of-stake looks all in order as investors anticipate the big transition. The Ethereum beacon chain is set to merge with the Ropsten testnet, one of Ethereum’s […]

Key Takeaways Mirror Protocol suffered a $90 million exploit—seven months ago. The attacker was allowed to unlock collateral from the protocol again and again while paying very little in fees. The attack was only discovered in the last few days. Share this article URL Copied Advertisements Mirror Protocol suffered a $90 million exploit last October, […]

Key Takeaways The DeFi savings protocol PoolTogether has raised over $830,000 in five days through its Pooly NFT mint sale. Last October, a former Elizabeth Warren staffer sued PoolTogether Inc. for running an “unauthorized lottery scheme” in the state of New York. All funds raised through the sale will go toward supporting the company’s defense […]

Ethereum seems to be running low on gas as it edges towards capitulation. Recent weeks have been nothing but a stain on the vision endorsed by Buterin and his team. The altcoin king dropped to a 14-month low over the weekend as it continues to struggle. Advertisements “Far from home” The Ethereum community was perplexed […]

Advertisements Quick take: Over 12 million Ethereum tokens have been pledged towards ETH 2.0 so far. Deposits from more than 73,000 addresses were recorded by Monday. The staking rate hit 10.72% over the weekend. More than 1/10 of ETH’s circulating supply is now locked up for The Merge. The switch from Proof-of-Work to Proof-of-Stake might […]

Latest report stated that the Terra crash earlier in May was not caused by a single hostile party. Rather a total of seven wallets were flagged by Nansen researchers as they studied on-chain data from Terra to Ethereum. The report also concluded that the UST de-pegging was not carried out by hackers or attackers.  Advertisements […]

Ethereum’s Vitalik Buterin has offered two thought experiments on how to establish whether an algorithmic (algo) stablecoin is feasible in the long term. On 25 May, Buterin remarked that increased examination of crypto and DeFi in the aftermath of Terra’s meltdown is “really beneficial. However, he advised against dismissing any algo-stablecoins completely. Advertisements Buterin’s comments […]