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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
Valid Points: Ethereum 2.0 Trends Toward Decentralization
Also: Tomorrow, the first backward-incompatible upgrade for the Beacon Chain will activate on the Pyrmont test network.
UK Police Recover $22M in Stolen Crypto From Scammers
Police are looking to return the stolen assets to their owners, who are located around the world.
TikTok Picks Blockchain-Based Streaming Service Audius to Power New ‘Sounds’ Library
Audius, a music streaming platform based on the Ethereum and Solana blockchains, is partnering with TikTok on the video-sharing app’s new “Sounds” library. "The Hash" squad discusses how the partnership, the first of its kind for TikTok, could help artists on Audius increase their exposure to users and discover crypto more broadly. Will the worlds of decentralized services and Big Tech continue to collide?
Poly Network Hack Not Over as Attacker Prolongs Return of Funds
The attacker now says they are considering accepting the $500,000 bounty offered by Poly Network as a reward for returning the funds, and using it to pay anyone else who can hack the DeFi site.
Solana, Terra Hit All-Time Highs as Markets Disregard Last Week’s DeFi Hacks
"Crypto natives have proven to be very resilient," one analyst said.
Figment Raises $50M to Build Up Proof-of-Stake Infrastructure
The funding round included participation from Anchorage Digital, Galaxy Digital, and 10T Ventures.
Market Wrap: Ethereum Keeps Burning and Price Is Hot
The largest cryptocurrency by market value was trading close to its highest level in more than two months
Cardano Jumps on Signals Smart Contracts Coming Next Month
The plan to add smart contracts next month could defy skeptics who have bet that the functionality wouldn't come anytime soon.
Ether Upside Strengthens Relative to Bitcoin
The ETH/BTC ratio is holding support above 0.05 and could face initial resistance near 0.08.
Investment Firm Kryptoin Files for Ether ETF
As the SEC weighs approving its first bitcoin ETF, Kryptoin and others are getting in line for an ETH ETF.
