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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
Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier
Average Ethereum transaction fees reached $10.33 on Tuesday.
First Mover: Rookie YFI Token Jumped 8-Fold in August as DeFi Dominated
Yearn.finance's YFI token, which looked like another inside DeFi joke when it launched in July, dominated the August return rankings.
Ether Price Hits 2-Year High
The two-year high was reached alongside a drop in the number of coins held in exchange addresses.
Buggy Code Release Knocks 13% of Ethereum Nodes Offline
Over 1,000 Ethereum nodes will have to resync or find a new client provider after a critical bug in OpenEthereum’s codebase was revealed.
Developers Eye Mid-September for Ethereum, Polkadot Bridge Proof-of-Concept
The Snowfork proof-of-concept acts as a two-way bridge between the Ethereum and Polkadot ecosystems, according to the group.
Why DeFi Pulse's Key Metric Is So Simple It's Confusing
DeFi Pulse invented "Total Value Locked." Yet, TVL's mechanics have been somewhat confusing to those in the space. Here's how the leading DeFi metric works.
BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb
Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.
Ethereum Tokens Worth $1B Vulnerable to 'Fake Deposit Attack'
A software bug that deposits fake balances into cryptocurrency exchange wallets has been detected in 7,772 ERC-20 tokens worth over $1 billion.
0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Will Spur DEX Trading
Markets excited by the prospect of declining ETH fees may have caused a surge in 0x, an Ethereum-based DEX that will benefit from decongestion.
First Mover: Wacky Bitcoin-to-DeFi Crypto Markets Might Be New Home of Capitalism
Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they also might be keeping the fires of capitalism lit.
