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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
‘Experimental’ Early-Morning Attack Temporarily Diverts 0.8% of Ethereum Nodes
An attacker fraudulently added hundreds of blocks to the Ethereum chain with invalid proof-of-work, but only a small percentage of nodes were affected.
Solana Labs CEO Anatoly Yakovenko on SOL Dominance in Altcoin Markets
As the Solana blockchain continues to make waves in the crypto markets, Solana Labs CEO Anatoly Yakovenko discusses the drivers behind Solana’s emerging dominance in the blockchain space, digging into the potential weaknesses of Ethereum. Plus, insights into Solana’s use cases including NFTs and the outlook for its native token SOL.
Solana Funds Outshined Bitcoin Last Week Amid Down Market
Crypto funds focused on Solana’s SOL token garnered almost $50 million of inflows last week, while bitcoin funds brought in a “paltry” $200,000.
Arbitrum Vaults Onto Layer 2 Leaderboard as DeFi Assets Cross $2B
The project aims to increase the speed and reduce the cost of transactions on Ethereum.
Ethereum Hashrate Reaches All-Time High
Computing power on the network has rebounded from China’s mining crackdown as demand picks up.
Market Wrap: Cryptocurrencies Stabilize as Regulatory Concerns Rise
Bitcoin and other cryptocurrencies are rangebound as analysts monitor regulatory developments.
NFT Trading Volume Plummets but Analysts Say NFT Craze Is Far From Over
Daily trading volume on the top NFT marketplace has dropped by more than 80% over the past month.
Sotheby’s Auction of 101 Bored Ape NFTs Fetches $24M, Smashing Estimates
The eight-figure price implies an average sale of $241,515 per NFT.
Do NFTs’ Crazy Valuations Make Them Art? A Leading Collector Says No
The cultural cachet that makes fine art such a good investment will take years to build up around NFTs.
Market Wrap: Bitcoin Bullish Sentiment Fades as Selling Abates
Analysts expect sentiment to become more normal for September as bitcoin’s price consolidates.
