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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
Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves
Ether is attempting to break above the 50-day moving average for the first time since March.
Alchemy Adds Polygon Support for Faster Development on Ethereum's Leading Layer 2
This latest partnership is one of several in Alchemy’s ongoing quest to offer devs access to multiple networks.
Ash Egan Launches VC Fund With $55M in ‘Inception Capital’
Acrylic has raised $55 million from an array of funds and investors to bet on early-stage crypto projects.
Ether Could Overtake Bitcoin as Store of Value, Goldman Sachs Says
While bullish on ether, Goldman denied cryptos' superiority to gold when it came to taking the top spot among safe-haven assets.
Luxury Hotel Group Pavilions to Accept Cryptocurrencies
The company will allow guests to book rooms using bitcoin, ethereum and 40 other digital currencies.
Ethereum's London Hard Fork Expected to Launch on Aug. 4
The protocol update includes five Ethereum Improvement Proposals (EIPs), most notably EIP 1559 and EIP 3554.
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The circulating supply of stablecoin USD coin (USDC) on Justin Sun's Tron blockchain has surpassed 108 million in less than a month. Some say this indicates that crypto traders are increasingly turning to blockchains that provide cheaper transaction fees with faster speed than what's found on Ethereum. "The Hash" hosts explore the continuing growth of stablecoins and whether USDC is set to defeat tether (USDT) as the dominant stablecoin.
IBC Group Moves Out of China, Pavilions Hotels to Accept Crypto
IBC Group to end Bitcoin and Ethereum mining in China. The Pavilions Hotels and Resorts to accept crypto. Blockchain leads to rise of crypto natives. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
EY Releases Zero-Knowledge Layer to Tackle Increasing Ethereum Costs
The tool was built to address network congestion and rising transaction costs brought about by the growth of decentralized finance (DeFi).
Reinvent Money to Reward Virtue
Bitcoin wrested control of money from the state. Ethereum and other technologies will return it to the heterogeneous communities that dot the globe, write Matthew Prewitt and Steven McKie.
