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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
Top Crypto Startup Drove Other Projects' Airdrops to Its Employees
Eigen Labs circulated a list of team members' wallet addresses to EigenLayer ecosystem projects that were preparing to issue tokens. Some teams asked for it. At least one didn't.
Protocol Village: ARPA's Randcast Launches on Taiko, Coinbase Promotes 'cbBTC'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 8-14.
As Restaking Takes Shape on Solana, Ethereum's Renzo Jumps in With 'ezSOL'
Liquid restaking protocol Renzo, known for its work on Ethereum-based projects like EigenLayer and Symbiotic, disclosed Wednesday that it's preparing a new liquid staking token focused on the Solana-focused restaking platform now under development by developer Jito Labs.
Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'
The EOF proposal is a series of planned changes aiming to update the ubiquitous Ethereum Virtual Machine (EVM) – the programming environment that executes smart contracts on the blockchain, and an evolving industry standard in its own right.
Protocol Village: Metis Decentralized Sequencer Onboards Hashkey, EVM Explorer Blockscout Raises $3M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.
Protocol Village: Radix Launches 'RadQuest,' Eclipse Mainnet Opens to Builders
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.
Ether Slides as Grayscale's ETHE Outflows Ramp Up
Ether was down over 7.5% in the first hours of East Asia's business day, this comes as the market continues to be concerned about outflows from Grayscale's converted Ethereum Trust ETF. Market data from SoSoValue shows that ETHE had a cumulative net outflow of over $810 million in the first two days of trading while most of the other ETH ETFs continued in the green for flows. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
EigenLayer Outflows of $2.3B Signal Restaking Sector Slide
The yield offered by restaking is dwarfed by the likes of yield-generating platform Ethena.
Morpheus, Decentralized AI Project From Lumerin, Goes Live on Arbitrum Test Network
The premise of the technology is to avoid pitfalls of centralized AI models, which might be prone to censorship or monopoly control, according to the developer.
Ether Down Over 7.5% as ETHE Outflows Ramp Up
Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale's converted Ethereum Trust ETF posted a net outflow of over $327 million.
