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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
Introducing the CoinDesk 20: The Assets That Matter Most in Crypto
Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.
Nearly $60M in Bitcoin Moved to Ethereum in June
Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin.
Delta Exchange Predicts $40 Price for COMP Ahead of Governance Token Deluge
One startup has done the math and thinks the true value for Compound's COMP token right now should be more like $40.
Gelato Gives Developers a New ‘Money Lego’ Tool for DeFi Applications
Decentralized exchange Gnosis will be the first major platform to integrate Gelato's audited v1 transaction automator for token swaps on Ethereum's mainnet.
Ethereum Activity Metric Hits Highest Level in 2 Years
The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance.
Visa Seeks Ethereum Developer for New 'Distributed Application'
The world's largest payment network is looking for an Ethereum developer to help work on a new blockchain-based application.
Irish Charity Receives $1.1M Grant to Build Blockchain Platform for Aid Distribution
The grant will also allow Oxfam to scale the project across the Pacific region and explore its potential in sub-Saharan Africa and the Caribbean.
DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom
Nexus Mutual is seeing a surge in demand. "Our product has honestly seen massive interest since yield farming kicked off," said founder Hugh Karp.
Why Bitcoin Bulls Are Betting on Explosive Growth in India
Demand for bitcoin is up in India, thanks in part to the economic crisis. But Indian tech startups are more focused on Ethereum.
Market Wrap: As Traditional Markets Rally, Bitcoin Gets Boring
Equities show strength as bitcoin stays rangebound above $9,000.
