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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


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Shaq to Release NFT Collection

Four-time NBA champion and serial entrepreneur Shaquille "Shaq" O'Neal is releasing his own NFT collection titled "Shaquille O'Neal: The Eras of Dominance Collection," which will run on the Ethernity chain, an Ethereum layer 2, and will be available for purchase on Oct. 15. O'Neal purchased his first two NFTs last week. "The Hash" squad discusses the latest sports star dabbling into NFTs in an ongoing trend making waves in the crypto industry.

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Chinese Ethereum Mining Pool BeePool to Shut Down Following Crypto Ban

"The Hash" team discusses the latest blow to the mining community, suggesting the outlook for global mining operations. China-based BeePool, the world's fourth-largest Ethereum mining pool by processing power, or hashrate, which halted registrations for new users and new subsidiary accounts for existing users, will suspend all services to miners beginning Oct. 15 at 15:59 UTC (11:59 a.m. ET). This follows SparkPool, another top Chinese Ethereum mining pool, suspending operations.

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IDX CIO on Selling Fully Out of Bitcoin Exposure

Quantitative asset manager IDX Digital Assets has sold all of its bitcoin holdings. IDX Chief Investment Officer Ben McMillan discusses why, citing news from China, global regulatory actions, and BTC’s speculative nature.

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Ethan Lou Takes Us Inside the North Korean Trip That Got Ethereum’s Virgil Griffith Arrested

Ethereum developer Virgil Griffith pled guilty Monday to charges related to his trip to North Korea for a blockchain conference.

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'Stripe for NFTs?' Immutable X Token Sale Raises Over $12.5M in Under an Hour

Ethereum scaling product Immutable X's token sale on CoinList sold out in less than an hour, raising over $12.5 million. The protocol is poised to integrate with several NFT marketplaces, including Mintable and OpenSea, saying it aims for the IMX token to be Ethereum's "Stripe for NFTs," offering gas-free NFT minting and trading. "The Hash" squad discusses the specifics, reactions, and implications of the token sale in the larger NFT ecosystem.

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Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge in North Korea Sanctions Case

Virgil Griffith, the Ethereum developer charged with violating U.S. sanctions law by giving a crypto and blockchain presentation at a North Korean conference in 2019, has pleaded guilty to one charge of conspiracy and could serve up to 78 months in prison.

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Chinese Ethereum Mining Pool SparkPool to Halt All Services Due to Crackdown

The world’s second-largest Ethereum mining pool, SparkPool, which initially stopped providing services to new Chinese users, has now expanded its suspension to all users by Sept. 30 following China's tightened crackdown on cryptocurrencies. "The Hash" panel discusses the outlook for mining operations in China and the wider repercussions of the country's most comprehensive crypto ban to date.

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Ethereum Developer Virgil Griffith Goes on Trial for Allegedly Advising North Korea

Virgil Griffith, a developer of the Ethereum network arrested at the end of 2019 on allegations he helped educate North Koreans about cryptocurrencies, will begin his trial Monday. Plus, the potential outcomes of the bipartisan infrastructure bill as the U.S. House of Representatives are to vote Monday.

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Time’s NFT Launch Sends Gas Fees Spiraling

Time magazine launched a new NFT collection dubbed "TIMEPieces" Thursday, offering "unlimited access" to its website through 2023. All 4,676 tokens, each priced at 0.1 ETH tied to digital artworks, were sold in minutes. But the sale also clogged the Ethereum blockchain, with buyers spending almost four times as much on transaction fees as they did on the NFTs themselves. "The Hash" hosts react, discussing the implications for a historic American institution getting involved in the NFT space.

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Dfinity Foundation’s Internet Computer Blockchain Brings Smart-Contract Capabilities to Bitcoin Network

Blockchain company Dfinity’s Internet Computer Protocol (ICP) is integrating with bitcoin to enable smart contracts on BTC. Following a community vote to upgrade the network, it will allow developers to let their creativity run wild in developing all manner of Web 3.0 services, already seen on Ethereum from DeFi to NFTs.

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