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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
Starknet Plans ‘Quantum Leap’ Upgrade Next Week After Testnet Version Deployed
The upgrade will increase the number of transactions per second the blockchain can handle as well as reduce the time-to-inclusion.
Axiom’s Zero-Knowledge Proofs Might One Day Help Detect Deepfakes
The startup is working to build ZK technology that can be used en masse for AI applications. The protocol, which just launched its main network, can retrieve historical Ethereum data and make intensive off-chain computations, and transport the data with zero-knowledge proofs.
A $10M Options Bet on Ether Shows Positioning for a Bullish Second Half
Ether (ETH) jumped 61% in the first six months of the year and traders are now betting the rally in the token of Ethereum could extend in the second half. According to Amberdata, an investor purchased roughly 63,250 bull call spreads tied to ether and the strategy cost an initial $10 million. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."
Compound Founder on Plans to Create Bond Fund With Ethereum for Record-Keeping
Robert Leshner, founder of decentralized lender Compound, submitted filings to U.S. securities regulators for "Superstate," a new company that will create a short-term government bond fund using the Ethereum blockchain as a secondary record-keeping tool. Superstate CEO Robert Leshner shares insights into his new venture and the path ahead to securing regulatory approval.
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
Polygon, a staking solution for Ethereum, says its new architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, with an emphasis on zero-knowledge technology that has become one of this year’s hottest blockchain trends.
Ethereum’s Layer 2 Teams Want You to Clone Their Code
By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.
Syscoin Developer Launches Ethereum-Compatible Layer 2 Network Secured by Bitcoin Miners
Sys Labs, the company behind the project, claims the new network "Rollux" will provide for speedy and affordable transactions while relying on the Syscoin blockchain's "merged mining" security method.
CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of Its Tokens
Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.
Zug: Where Ethereum Was Born and Crypto Goes to Grow Up
What is not to like about the tiny Swiss city where Vitalik Buterin and his cofounders launched Ethereum? The No. 1 spot on CoinDesk’s Crypto Hubs 2023 ranking has it all: regulatory clarity, crypto-friendly banks and a lively crypto job market and events calendar.
Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry
BTC has gained at least 20% in July in each of the past three years. Depending on its price heading into the expiry, bitcoin could rally additionally or retreat.
