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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
Consortium of Ethereum Builders Band Together To Launch MEV Blocker
A consortium of Ethereum builders join forces to launch MEV Blocker, a utility that promises to help people transact on Ethereum without succumbing to maximal extractable value (MEV) bots. "The Hash" panel discusses what this means for the Ethereum’s MEV ecosystem in the latest move giving power back to the regular user.
Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
Ethereum’s upcoming Shapella hard fork or Shanghai upgrade will let users withdraw their "staked ether." The impending unlocking of ETH deposited in the network to boost security in return for rewards will see some holders rush to exchanges to liquidate their tokens, which some observers say could be worth a couple of billion dollars. Meanwhile, CoinDesk’s Ethereum validator enters its final weeks, sitting on more than $30k of gains. "The Hash" panel discusses the potential market impact.
Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
Ether (ETH), the native token of Ethereum's blockchain, rose to an eight-month high on Tuesday, outshining market leader bitcoin (BTC), as U.S. stock futures traded higher while the dollar index dipped. Separately, Dogecoin (DOGE) surged on Elon Musk's Twitter logo change. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Ethereum Bot Targeted in Attack for $20M as Validator Strikes Back
One of the major Ethereum MEV bots has been targeted in an attack, apparently by one of the blockchain's validators, resulting in the loss of almost $20 million. The incident raises questions about whether validators can be trusted, one former Ethereum Foundation member said. "The Hash" panel discusses the latest developments.
Polygon Co-Founder Explains zkEVM
Polygon, an Ethereum scaling platform, released its zero-knowledge Ethereum Virtual Machine (zkEVM) beta to the public last week. Polygon co-founder Sandeep Nailwal explains what zkEVMs are and why it's the "holy grail of scaling of blockchains."
Polygon ZkEVM Mainnet Beta Goes Live; Ethereum’s Buterin Sends First Transaction
Ethereum scaling platform Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) beta to the public, and Ethereum blockchain's co-founder Vitalik Buterin was granted the privilege of initiating the first transaction. Polygon co-founder Sandeep Nailwal discusses the zkEVM technology and how the company is pushing for mainstream adoption of Web3 with recent partnerships.
Newly Formed ZeroSync Association Brings Zero-Knowledge Proofs to Bitcoin
A Swiss nonprofit called the ZeroSync Association aims to help scale Bitcoin by using zero-knowledge proofs (zk-proofs), a cryptographic technique that has exploded in popularity on rival chain Ethereum. ZeroSync co-founder Robin Linus discusses the launch and its significance to the Bitcoin community.
Andy Warhol Artworks to Be Offered as Tokenized Investments on Ethereum
Freeport, a soon-to-be-launched blockchain-based platform that allows people to invest in fine art, is offering an exclusive four-piece collection of prints from pop artist Andy Warhol. “The Hash” discusses the details and what this means for fine art tokenization.
Bitcoin Briefly Slips Below $27K as CFTC Sues Binance
Bitcoin (BTC) briefly dipped below $27,000 as crypto traders react to the CFTC suing Binance and its CEO Changpeng "CZ" Zhao. In the last 24 hours, Binance has seen a net outflow of $400 million on Ethereum, according to blockchain analytics firm Nansen. This compares to a net flow of $2 billion over the past seven days. Hxro founder Dan Gunsberg weighs in.
Zero Knowledge Proofs Explained
Matter Labs is opening its zkSync Era to general users after it launched to developers last month. CEO and co-founder Alex Gluchowski explains what zero-knowledge proofs are as competition between Ethereum scaling platforms heats up.