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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
Curve Finance Integrates With Near’s Aurora Network
Near’s DeFi hub, Proximity Labs, will allocate up to $7.5 million in grants to Curve.
Otherside and Apes NFTs Dominate Today’s Trades, Nansen Data Suggests
Yuga Labs’ NFT collections take first, second and third place with the most trading activity in the past 24 hours. Rocket Pool’s rETH has lost ground since Tuesday.
What Are EIP and ERC and How Are They Connected?
Ethereum Improvement Proposals (EIPs) are the central method around which updates and decisions are made on the Ethereum blockchain and are open to all.
The Yuga Labs Catastrophe Could Have Been Prevented
Conspiracy theorists say Yuga Labs clogged up Ethereum to justify the launch of its own chain, but maybe the Bored Ape creators just screwed up.
‘Smart Money’ Is Staking ETH on Rocket Pool and Selling ENS, Nansen Data Suggests
For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform.
An Ape Ain’t Free: In Defense of Ethereum’s Fees
Pick your poison: low fees on a chain that could collapse when transaction demand outstrips blockspace (Solana), or unpredictable, sometimes very high fees on a stable chain (Ethereum).
Solana Goes Dark For 7 Hours as Bots Swarm 'Candy Machine' NFT Minting Tool
The Solana network went dark Saturday night after bots swarmed the NFT mining tool Candy Machine, resulting in an unprecedented amount of traffic on the proof-of-stake chain. “The Hash" group discusses the native SOL token’s price reaction to the incident, as well as issues with scaling blockchains and Solana’s ambition as an “Ethereum-killer.”
BAYC Metaverse Land Sale Fetches $285M But Investors Paid $176M in Gas Fees Alone
Yuga Labs debuted its long-awaited Bored Ape Yacht Club metaverse project “Otherside,” generating roughly $285 million in digital land sales, but the Ethereum-based project created some of the highest gas fees in the network’s history – costing investors over $176 million.
Warren Buffett and Charlie Munger Blast Bitcoin, but They Are Wrong
During Berkshire Hathaway’s annual shareholder meeting, investment tycoons Warren Buffett and Charlie Munger shared some controversial opinions on bitcoin, with Munger describing the digital asset as “stupid” and “evil.” “The Hash” group discusses Buffett’s long-standing history of opposition towards BTC and why Ethereum might have more appeal to him.
