Ethereum Watch

Another week, another round of Crypto Tidbits.The past seven days have been volatile days for Bitcoin and other cryptocurrencies. The cryptocurrency on June 1st rallied past $10,000 for the first time in many weeks, reaching as high as $10,400.It was an explosive move that had many expecting more upside. One Wall Street analyst went as […]

Bitcoin‘s scalability debate has been ongoing for years now with talks of SegWit, Lightning Network, Taproot/Schnorr signatures. Ethereum, on the other hand, has also been working on its scalability issue. ETH 2.0 upgrade is touted as a “two-in-one solution” for Ethereum’s scalability and privacy issues. Once Ethereum successfully completes ETH 2.0 upgrade, Bitcoin will face […]

In what is the latest project the crypto-community has taken a fancy to, the much-anticipated Polkadot project has gone live. The brainchild of Gavin Wood, co-founder of Ethereum and one of the authors of Solidity, went live today after the project announced that it had launched “CC1,” Polkadot’s first chain candidate that might as well […]

Ethereum, unlike Bitcoin, does not have a fixed supply. While some see this as a disadvantage for the coin, many others believe that Ethereum’s minimum necessary issuance (MNI) provides greater network security. Advertisements ETH’s concept of minimum viable issuance as the monetary policy raises a few questions. How can one determine what is minimally viable? […]

Ethereum has seen a substantial improvement in its price as it followed a strong uptrend. Notably, Ethereum 2.0, which aims to transition from a Proof-of-Work consensus protocol to a Proof-of-Stake, has attracted significant traction. As market participants continued to grow in the ETH ecosystem, it was found that the number of active validators for the […]

Cardano has been rated by many as a highly ambitious project, one that has made significant progress over the past couple of years. In fact, 2020 has been crucial to the many developments the Cardano blockchain has made. Cardano describes itself as a third-generation blockchain platform and boasts a flurry of upgrades and roll-outs, among […]

dForce’s lending protocol, LendfMe, was drained for $25 million in a known smart contract exploit. Key Takeaways Uniswap’s imBTC pool succumbed to a special exploit, draining the pool of $260,000 of liquidity. One day later, this exploit was recreated on LendfMe. The exploit was a known attack vector that takes advantage of a known smart […]

For the Ethereum ecosystem, decentralized finance (DeFi) has become one of its most promising ventures. In a world where finance and tech seem to overlap more often than not, coupling finance with the immense benefits of a decentralized blockchain can revolutionize the ecosystem drastically. Advertisements On the latest episode of the Epicenter podcast, Joseph Lubin, […]

The fag end of 2019 saw a rise in the decentralized finance [DeFi] market. Bitcoin (BTC) was the first implementation of decentralized finance, with the second wave of DeFi including the Ethereum blockchain, a development that added another layer of programmability to its blockchain. Investors could now borrow, lend, trade, exchange, hedge, and store cryptographic […]

Decentralization is by far one of the most radical ideas ever to be introduced into the world of finance. In light of serious flaws, where money and power are centered around a handful of institutions, such an approach can be extremely redemptive. While the inception of Bitcoin made ideas surrounding decentralization fairly mainstream, the second-largest […]