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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
Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip
Griffith previously pleaded guilty to one count of conspiracy to violate international sanctions for giving a talk at a crypto conference in Pyongyang in 2019.
Virgil Griffith Faces Sentencing in New York Court Today
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the trial of former Ethereum developer Virgil Griffith; who will face sentencing today in New York for violating international sanctions against North Korea.
Crypto Funds See Largest Weekly Outflows Since January
Some $134 million flowed out of digital asset funds in the week through April 8 as investors took profits and fled bitcoin-focused funds.
Ethereum's First Mainnet Shadow Fork Goes Live as Move to PoS Continues
The shadow fork will stress test developers' assumptions on existing testnets and the mainnet.
Ethereum Rollup Arbitrum to Release Major Update
The update will halve fees, increase transaction speed, and make it easier for Ethereum Virtual Machine-compatible apps to build on Arbitrum.
Ethereum Gas Usage Rose in March as Ether Ran to $3.5K
ERC-20 token generation last month was 125% above February's levels, even as developers continue to build new projects on other blockchains.
Commonwealth Bank's Crypto Services Face Regulatory Delays: Report
The Australian bank was testing a program that allowed customers to hold and use crypto on its app.
Ronin Attack Shows Cross-Chain Crypto Is a ‘Bridge’ Too Far
Last week’s $625 million exploit of the Axie Infinity sidechain underscores the risks of sacrificing decentralization for scale, Ethereum boosters say.