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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
Polychain Leads $21M Round for Retail-Oriented DEX
Shipyard’s Clipper DEX aims to attract retail traders with low trading fees.
Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report
Analysts described the muted activity in spot, derivative and on-chain metrics as "calm before the storm."
Could Ethereum Developer Virgil Griffith Return to Jail?
U.S. prosecutors suggest former Ethereum developer Virgil Griffith, who officials charged in 2019 with violating U.S. sanctions law in North Korea, return to jail for disobeying his bail conditions.
Is Solana Better Than Ethereum?
Australia-based blockchain company Power Ledger is migrating to Solana from Ethereum in search of higher speed and scalability. "The Hash" hosts discuss Solana as a rising protocol looking to take on Ethereum's dominance in the DeFi space. "Ethereum's very likely to be the winner here," host Adam B. Levine said, despite Solana's advantage over transaction speed.
Virgil Griffith Should Return to Jail Pending Trial, Prosecutors Tell Judge
Virgil Griffith, the Ethereum developer charged with violating U.S. sanctions law in North Korea, has violated his bail conditions and should be returned to jail, U.S. prosecutors said Friday in a letter filed to the court. CoinDesk's Nikhilesh De discusses why this is a case to continue to watch. Plus, the latest updates on global enforcement actions against Binance.
Power Ledger to Move to Solana From Ethereum
The firm cited higher speed and scalability as motivations for the shift.
Single Buyer Apes Into Mooch's ETH Fund for $5.7M, Docs Show
Anthony Scaramucci’s SkyBridge Capital has launched its second crypto-specific private fund. One buyer has committed funds so far.
Key Findings From CoinDesk’s Q2 Research
CoinDesk Research Associate George Kaloudis says, “we’re in a bear market,” pointing to a chart depicting bitcoin’s bear and bull cycles over the past six years. He also compares the Q2 performance of the “CoinDesk 20” top assets, noting the divergence between ethereum’s gains and bitcoin’s losses. “That almost never happens,” he said.
Bear Markets Don’t Scare Protocol Developers: CoinDesk 2021 Q2 Review
CoinDesk Research presents its 2021 Q2 Quarterly Review of the cryptocurrency market, exploring trends, developments and new narratives for investors.
