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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
Ethereum Merge Takes Place on Kiln Testnet
Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network.
Ethereum Builder ConsenSys Raises $450M as MetaMask Tops 30M Users
Ethereum application and infrastructure builder ConsenSys has raised $450 million at a $7 billion valuation. A new batch of investors joined the Series D round including rappers 21 Savage and Young Thug. "The Hash" crew dissects this funding round amid the controversy and lawsuits surrounding the firm, and what this raise means for its flagship products MetaMask and Infura.
$450M Raise Values Ethereum Builder ConsenSys at $7B as MetaMask Tops 30M Users
The hefty Series D more than doubles the firm’s previous valuation from November 2021.
Solana NFT Marketplace Magic Eden Raises $27M in Series A
Magic Eden, an NFT marketplace on the Solana blockchain, has raised $27 million in a Series A funding round led by Paradigm along with Sequoia and Solana Ventures. “The Hash” hosts discuss the growth of the Solana ecosystem as a competitor to Ethereum and the increasing trading volume of NFTs.
Evmos Looks to Get Back on Track After Failed Launch
A bug-ridden launch for the EVM-compatible chain allowing for transactions between Ethereum and Cosmos has led to community backlash, but the Evmos team is hoping to bounce back.
We Can Vote Away Your Money for Free: The Implications of Juno Prop 16
The proposal appears to be the first major instance of a blockchain community potentially voting tokens out of the hands of a fellow holder.
Vitalik Buterin Asks Court for Leniency in Upcoming Sentencing of Virgil Griffith
The Ethereum co-founder’s letter paints a moving picture of his relationship with Griffith, his long-time friend and former collaborator, whom Buterin credits with shaping both his own world view and the culture of the Ethereum Foundation.
Why Decentralized Exchanges Are Important in the Crypto Economy
Decentralized exchanges, or DEXs, offer some significant benefits and innovations for trading cryptocurrencies compared to centralized exchanges. This is the second part of a continuing series on understanding DeFi.
The Promise of 'Stateless Ethereum'
The introduction of stateless clients should make running an Ethereum node easier than ever, leading to true decentralization and resilience of the network.
