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Ethereum
Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
BTCS CEO: Ethereum Could be Crypto’s ‘Silver Lining’
Ether (ETH) is up over 40% in the past month, outperforming bitcoin (BTC) and other major cryptos. BTCS Inc. Chief Executive Officer Charles Allen discusses the potential factors behind the ETH rally and its impact on the overall markets. “I think Ethereum could definitely be a silver lining here,” Allen said.
Ethereum Classic Is Not Ethereum so a Merge-Fueled Rally Won't Last: Messari
It's unlikely Ethereum Classic has any long-term viability, despite interest by miners, according to analyst Tom Dunleavy.
Who Will Mine Ethereum After It's Gone?
Rumors of a continued proof-of-work version of Ethereum should be viewed with extreme caution. But by god, it’s fascinating.
Nomad’s US$200 Mln Hack; Saylor Steps Down
Over 300 perpetrators suspected in Nomad cross-chain bridge hack. BItcoin and Ethereum fall after stock market jitters over Pelosi visit. MicroStrategy CEO Michael Saylor moves to chairman role to focus on Bitcoin. Crypto tax service launches in India.
New Senate Proposal Could Give CFTC Crypto Oversight
The U.S. Senate Committee On Agriculture, Nutrition & Forestry is set to introduce a bill Wednesday allowing the Commodity Futures Trading Commission (CFTC) “exclusive jurisdiction” over digital commodities. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and what to expect.
Magic Eden COO on Ethereum Expansion, NFT Ecosystem Outlook
NFT marketplace Magic Eden is going multi-chain, integrating Ethereum-based NFTs into its previously Solana-only platform. Magic Eden’s COO and co-founder Zhuoxun Yin shares insights into the “exciting acceleration” in extending Magic Eden’s presence within the NFT and Web3 communities to “deliver the most full-featured multi-chain experience for creators and collectors.”
B2B Payments Startup Paystand Acquires Mexican Peer Yaydoo
While the companies will operate independently, there is hope for cross-selling opportunities.
Goerli Is Coming: Ethereum’s Last Rehearsal Before the Merge
The Prater upgrade, the first component of the upcoming Goerli testnet merge, is happening this week.
Bank of America Says Blockchains Have Intrinsic Value, Citing Transaction Fees
The bank's report, however, noted that the fees on the Bitcoin and Ethereum chains have fallen this year.
Hackers Return $9M to Nomad Bridge After $190M Exploit
The popular Ethereum to Moonbeam bridge is working with law enforcement and data analytics firms.
