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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
Vitalik Buterin Involved in New Documentary About Ethereum
“Ethereum: The Infinite Garden” is in the works as the first feature-length documentary about Ethereum. The film is raising 750 ETH to fund it and will feature the network's co-creator Vitalik Buterin. "The Hash" team discusses the film as an opportunity for Ethereum's story to gain wider public recognition. "You're going to see more of these Vitalik-in-public moments as Ethereum looks to kind of step into its mainstream moment," host Zack Seward said.
Could Ethereum Developer Virgil Griffith Return to Jail?
U.S. prosecutors suggest former Ethereum developer Virgil Griffith, who officials charged in 2019 with violating U.S. sanctions law in North Korea, return to jail for disobeying his bail conditions.
Is Solana Better Than Ethereum?
Australia-based blockchain company Power Ledger is migrating to Solana from Ethereum in search of higher speed and scalability. "The Hash" hosts discuss Solana as a rising protocol looking to take on Ethereum's dominance in the DeFi space. "Ethereum's very likely to be the winner here," host Adam B. Levine said, despite Solana's advantage over transaction speed.
Virgil Griffith Should Return to Jail Pending Trial, Prosecutors Tell Judge
Virgil Griffith, the Ethereum developer charged with violating U.S. sanctions law in North Korea, has violated his bail conditions and should be returned to jail, U.S. prosecutors said Friday in a letter filed to the court. CoinDesk's Nikhilesh De discusses why this is a case to continue to watch. Plus, the latest updates on global enforcement actions against Binance.
Key Findings From CoinDesk’s Q2 Research
CoinDesk Research Associate George Kaloudis says, “we’re in a bear market,” pointing to a chart depicting bitcoin’s bear and bull cycles over the past six years. He also compares the Q2 performance of the “CoinDesk 20” top assets, noting the divergence between ethereum’s gains and bitcoin’s losses. “That almost never happens,” he said.
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The circulating supply of stablecoin USD coin (USDC) on Justin Sun's Tron blockchain has surpassed 108 million in less than a month. Some say this indicates that crypto traders are increasingly turning to blockchains that provide cheaper transaction fees with faster speed than what's found on Ethereum. "The Hash" hosts explore the continuing growth of stablecoins and whether USDC is set to defeat tether (USDT) as the dominant stablecoin.
IBC Group Moves Out of China, Pavilions Hotels to Accept Crypto
IBC Group to end Bitcoin and Ethereum mining in China. The Pavilions Hotels and Resorts to accept crypto. Blockchain leads to rise of crypto natives. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Is Now the Time to Buy Bitcoin?
QCP Capital Co-Founder and CIO Darius Sit discusses mixed signals for bitcoin and whether this is a smart time to invest now. “Bitcoin is “the king coin,” Sit said. While Ethereum can potentially trade higher than bitcoin, he said he believes that bitcoin will hold value better in the long run.