Ethereum Watch

Ethereum fees are skyrocketing and developers, exchanges, and investors are scrambling to find ways to prevent the growing problem. Advertisements Nothing gets under your skin like an Ethereum transaction that doesn’t go through. You can even lose your transaction fee even if no transaction takes place. The loss is nothing to sneeze at since the […]

Advertisements In summary: Ethereum has long been known for high gas fees during times of network congestion.  The DeFi boom and related stablecoin activity are two reasons for Ethereum’s current congestion that results in high ETH fees. Developers are working on scaling solutions to solve this issue as well as other EIPs to cap Ethereum […]

Advertisements Quick take: Ethereum’s price action has continued to be dull and resembles that of Bitcoin.  Ethereum’s fate could be tied to that of Bitcoin. A possible postponement of ETH2.0 might have caused Ethereum to experience a local top at $250.  DeFi could offer a reason to remain bullish on Ethereum as more ETH is […]

Advertisements In brief: Ethereum investors could be in for another tumultuous ride as ETH2.0 faces possible delays. One estimate pushes the launch to January 2021. The Ethreum Community wants ETH2.0 launched in 2020. ETH/USDT risks losing the crucial $200 support zone due to FUD related to the delay.  From the beginning of the year, Ethereum […]

Advertisements In brief: The Filecoin (FIL) mainnet is still on track for a Q3 launch.  CoinList to be the primary distributor of Filecoin tokens. To kick start development on the platform, a virtual hackathon has been launched by ETHGlobal and Protocol labs.  The event is meant to provide an environment for developers to build DApps […]

Advertisements Ethereum team lead, Péter Szilágyi believes the latest increase in miner fees is a threat to the long-term health of the network. Miner fees for the second-largest blockchain by market cap are on the rise in the run-up to Ethereum 2.0. The long-awaited upgrade will see a fundamental shift from Proof-of-Work to the Proof-of-Stake […]

Advertisements In brief: The owner of the Ethereum address that paid approximately $5 Million in ETH fees has finally been identified.  According to the team at PeckShied, it belongs to a small P2P exchange in Korea called Good Cycle.  The Good Cycle crypto exchange appears to be a Ponzi Scheme. The mystery owner of the […]

Advertisements Quick take: Three Ethereum transactions with high ETH fees were mined last week.  StarkPool and Ethermine mined two of the transactions and had requested the sender to contact them for possible discussions.  Almost a week later, the sender has not reached out and both mining pools have opted to distribute the fees to miners.  […]

Advertisements Ethereum, and it’s prodigal co-founder Vitalik Buterin continue hitting the headlines. That’s no surprise with the much-heralded upcoming launch of Ethereum 2.0 (ETH 2.0). ETH 2.0 represents a new blockchain concept innovating in the cryptocurrency space. Ethereum 2.0 – a New Way Forward? The fundamental change for ETH 2.0 involves a move away from […]

Advertisements Ethereum is on the move in terms of development and price with the recent successful deployment of a number of layer-2 (L2) scaling solutions. Scaling has long been an issue that has plagued the Ethereum ecosystem; however, that has not stopped developers rolling out new solutions and platforms for it. Ethereum co-founder, Vitalik Buterin […]