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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
Terra’s LUNA Sacrifice; Australian Crypto ETFs Launch
Terra sacrifices LUNA to save UST peg. Crypto market tumbles in response to inflation data and Terra fiasco. Australia’s first Bitcoin and Ethereum spot ETFs go live. South Korea hopes to institutionalize crypto by 2024. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Australian Crypto ETF Listings Kick Off With Low Volumes Amid Crypto Correction
Investors opted for a cautious approach during intense volatility on the opening day of three crypto funds.
After DeFi, DeSoc: Finding Web 3’s Soul
By using Web 3’s building blocks to represent social identity, the ecosystem can overcome its current limitations and bring about a decentralized society.
Merge Testing on Ethereum: What Is It and Why Does It Matter?
Ethereum’s developers are using new testing infrastructure to assess network mechanics and client readiness ahead of the Merge.
TradeStation Exec on Bitcoin Dip Amid Hawkish Fed Policy
TradeStation Group VP of Market Intelligence David Russell discusses the decline in risk appetite from investors as the Federal Reserve continues to deploy hawkish monetary policy, possibly stimulating bitcoin’s recent price drop.
Boba Network to Offer Lower Gas Fees on Ethereum via BOBA Token
The network has implemented single-token gas payments on its blockchain, allowing users to pay 25% less in gas fees if they use BOBA instead of ether.
YouTube Bans and Reinstates Bankless Crypto Channel: Why it Matters
Bankless, a YouTube channel with 150,000 subscribers for its Ethereum-focused content, said it had been banned without warning or explanation, leading YouTube to restore service several hours later. “The Hash” group discusses potential use cases for decentralized social media platforms and the role of channels like Bankless in Web 3 education.
Staking Tool Lido DAO's Token Climbs Ahead of Binance Listing
LDO jumped 27% in 24 hours, with most of the gain coming in the Asian morning.
Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow
The social media powerhouse won’t charge users for showcasing their crypto art.
While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data
Staked ETH tokens are still showing signs of investor confidence.
