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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
'The Defiant' Founder Camilla Russo on the Future of DeFi, Ethereum
Camila Russo, CEO of decentralized finance-focused media platform The Defiant and "The Infinite Machine" author, discusses why she believes SEC Chair Gary Gensler saying DeFi projects could be subject to regulation could only push DeFi "to be truly decentralized." Plus, her take on ether's net effect on DeFi, the Ethereum network's competitive advantage over emerging smart contract platforms and the evolution of the Ethereum community's culture.
Market Wrap: Bitcoin Expected to Hold Support Above $45K
Analysts expect bitcoin to remain above its 200-day moving average.
Ethereum 2.0 Staking Contract Now Holds the Most Ether: $21.3B
“It just shows that staking on Eth 2.0 is incredibly popular,” said Ben Edgington, lead product owner at ConsenSys.
Poly Network Sends Bounty as Attacker Holds $141M Hostage
Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.
Poly Network Attacker Threatens to Delay Return of Funds
"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.
Dogecoin Foundation Returns With Ethereum’s Vitalik Buterin as Adviser
The Dogecoin Foundation, a nonprofit organization that aims to support the development of DOGE, has been re-established with Ethereum co-founder Vitalik Buterin as its “blockchain and crypto adviser.” The foundation is now hoping to secure a three-year budget to hire a small staff to work on dogecoin full-time.
Valid Points: Ethereum 2.0 Trends Toward Decentralization
Also: Tomorrow, the first backward-incompatible upgrade for the Beacon Chain will activate on the Pyrmont test network.
UK Police Recover $22M in Stolen Crypto From Scammers
Police are looking to return the stolen assets to their owners, who are located around the world.
TikTok Picks Blockchain-Based Streaming Service Audius to Power New ‘Sounds’ Library
Audius, a music streaming platform based on the Ethereum and Solana blockchains, is partnering with TikTok on the video-sharing app’s new “Sounds” library. "The Hash" squad discusses how the partnership, the first of its kind for TikTok, could help artists on Audius increase their exposure to users and discover crypto more broadly. Will the worlds of decentralized services and Big Tech continue to collide?
Poly Network Hack Not Over as Attacker Prolongs Return of Funds
The attacker now says they are considering accepting the $500,000 bounty offered by Poly Network as a reward for returning the funds, and using it to pay anyone else who can hack the DeFi site.
