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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 Gas Fees Drive Gnosis-Powered Prediction Market to xDai's Layer 2
"Ethereum is on the way to becoming a whale chain," said Gnosis co-founder Stefan George. That's why his team's tech is moving to xDai.
First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K
This week's Fed meeting ushered in a new regime for U.S. monetary policy, offering a reminder of just how frequently top officials change the rules.
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Matthew Leising's new book "Out of the Ether" tells the history of Ethereum and the story behind the hack that almost brought the network to its knees.
How Normies Are Getting Crypto-Rich With DeFi
DeFi may be a whale's game, but plenty of small players are making life-changing amounts of money with these risky crypto experiments.
Ethereum’s Pending Transactions Jump 30% After Uniswap’s Token Claim Begins
The number of pending transactions has reached over 210,000 after the claim for Uniswap's UNI token starts.
First Mover: Binance's CZ Doesn't Even Dispute That DeFi Might Be Inevitable
Big crypto exchanges like Binance, Huobi and OKEx are rushing out DeFi platforms to cash in on the fast-growing industry and stanch user defections.
First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows
The Ethereum blockchain's soaring gas prices don't seem to have deterred customers as DeFi usage grows and tests what the market can bear.
First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags
SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.
Bitcoin News Roundup for Sept. 9, 2020
With bitcoin hovering just above $10,000 and a tokenized form of Ethereum transaction fees in the crosshairs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
What Is Yield Farming? DeFi’s Hot Trend Explained
The world of decentralized finance (DeFi) has taken off, giving birth to Ethereum-based applications like yield farming and liquidity mining. CoinDesk Senior Research Analyst Galen Moore guides us through what all these concepts mean and how people are making money in DeFi.
