Ethereum Watch

Share this article URL Copied Advertisements EraLend, a lending protocol on Ethereum’s scaling blockchain, zkSync, faced a substantial exploit that resulted in a loss of $3.4 million, according to an analysis by CertiK, a leading firm in blockchain security. The incident was described as a read-only reentrancy attack, a complex strategy allowing the perpetrator to […]

Advertisements For the first time in the last four weeks, investment products suffered outflows.  Investors shied away from Bitcoin, with altcoins pulling all the inflows. For the first time in the last month, digital asset investment products experienced outflows that totaled $6.5 million, ending four weeks of cumulative $742 million inflows, CoinShares found in a […]

Advertisements Daily active addresses trading UNI drop to a one-month low. New demand for the alt token drives up its price by double digits in the past 30 days.  On-chain network activity for Uniswap’s governance token UNI has dropped to its lowest level in the last month, data from Santiment showed.  Is your portfolio green? […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum [ETH] co-founder Vitalik Buterin teased a new network upgrade that could “reduce costs by 100 times.” According to Buterin, it could also mean lower transaction fees. Buterin spoke about the development at the […]

Advertisements Address outflows from whales contributed heavily to ETH’s latest sell pressure. Some whales are re-accumulating, but it may not be enough to turn the ship around. Ethereum [ETH] has been on an overall bearish trajectory for the last seven days – an outcome that saw it shed last month’s gains. But what has been […]

Advertisements Ethereum’s annual carbon footprint was significantly cut since The Merge. Bitcoin’s estimated annual emissions contributed just 0.15% to the global tally.  Ethereum’s [ETH] annual electricity consumption fell by more than 99.9% after switching from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, according to a report by Ethereum.org. Is your portfolio green? Check out […]

This week, after the end of a major industry conference, everyone in the crypto sphere is talking about account abstraction, smart contract wallets, and the new Ethereum upgrade, ERC-4337. What are they, and why is everyone so excited? Advertisements One of crypto’s longstanding foibles is its lack of user-friendliness. Even for seasoned tech veterans, setting […]

Share this article URL Copied Advertisements DeFi protocol Conic Finance reported a loss of 1700 ETH, valued at over $3.2 million. Blockchain security firm BlockSec has traced this incident to an unidentified hacker exploiting a reentrancy vulnerability early this morning. Conic promptly alerted its user base via Twitter, confirming the exploit involving the ETH Omnipool, […]

Advertisements Ethereum grew in terms of market cap dominance despite volatility in the sector. Interest in staking rose, and traders turned bullish. Throughout Q2 in 2023, Ethereum[ETH] encountered significant fluctuations and high volatility. Despite these challenges, the Ethereum network demonstrated resilience and continued to attract an influx of new users to its protocol. Notably, the […]

Advertisements Ethereum has gained 60% of its value year-to-date (YTD). Another CryptoVantage survey revealed that 46% of its respondents think Ethereum will surpass Bitcoin. Ethereum’s [ETH] outlook for the next 12 months and the long term is positive, as per a recent report published by Fidelity Digital Assets. The firm is bullish on the premier […]