Ethereum Watch

Advertisements CEO Raoul Pal discussed the changing dynamic of Bitcoin’s correlation with Ethereum. Pal discussed these issues with Scott Melker on a podcast recently. Real Vision CEO Raoul Pal believes that unlike other altcoins, the price action of Ethereum [ETH] isn’t dictated as much by that of Bitcoin [BTC]. He also placed his bets on […]

The SVM’s enhanced performance has made it Eclipse’s preferred option over the EVM. Ethereum would provide the support for validation on the network.  “By boosting others, you will boost yourself. A little competition is a good thing, and severe competition is a blessing.” This quote by Jacob Kindleberger seems to be the path that Solana […]

Solana (SOL) has captured the attention of former Goldman Sachs executive Raoul Pal, who recently declared it one of his standout altcoin choices and a potential contender to Ethereum’s dominance. Advertisements In a new interview, Pal highlighted Solana’s unique strengths, emphasizing its unrivaled speed and performance, qualities that have even prompted payments giant Visa to […]

FTX can now sell up to $200 million worth of its assets weekly, according to a recent ruling. Solana, Bitcoin, and Ethereum were the largest digital assets held by the exchange. There has been speculation throughout the week regarding the impending FTX ruling, which could grant the defunct exchange the authority to liquidate its digital […]

As negative sentiment began to dwindle, crypto outflows dropped to their lowest in weeks.  With a year-to-date net inflow of $26 million, Solana might be “the most loved altcoin.”  Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares […]

Advertisements y00ts’ disclosure of its move to Ethereum has been met with intense debate. NFT sales across blockchains have decreased in the last 30 days. In a surprising turn of events, Polygon [MATIC]-based NFT collection y00ts has made a strategic decision to ignore the possibility of a move back to Solana [SOL]. Instead, it announced […]

Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows […]

Solana (SOL) has been completely engulfed in FUD since the FTX crash. This invariably resulted in the price of the token declining much faster than the rest of the market, and last week, SOL touched single-digit values for the first time in almost two years. However, there seems to be a turn in the tide […]

Key Takeaways Solend, another Solana DeFi protocol, has been exploited through a price oracle attack for $1.26 million. The attack follows last month’s Mango Markets exploit that saw $100 million stolen. Protocols letting users deposit illiquid tokens as collateral and low liquidity on Solana have made the attacks possible. Share this article URL Copied Advertisements […]

Key Takeaways A whale manipulated the price of Mango Markets’ MNGO token to drain over $100 million from the platform. The attacker has put forward a DAO proposal that would see the project commit its treasury to paying off the bad debt. Mango CEO Daffy Durairaj has said that making users whole is his top […]