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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
Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data.
MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ to Ethereum Mainnet
The rollup chain from ConsenSys, known as a zkEVM, joins a growing field of projects aiming to expand access to Ethereum using zero-knowledge cryptography.
Polygon Labs Promotes Boiron to CEO; President Wyatt to Depart
The management changes come as Polygon, which runs two of the most closely watched networks for scaling Ethereum transactions, is in the midst of a rebrand to the next chapter of its corporate development, known as "Polygon 2.0."
Avail, Spun Out of Polygon, Launches Data Attestation Bridge to Ethereum
The new tech, on testnet, represents a step forward in Avail's plan to help secondary networks in the Ethereum ecosystem to speed up their processing – by giving them an alternate way to store the data, and verify its existence and availability, besides storing it on the main blockchain.
Starknet Plans ‘Quantum Leap’ Upgrade Next Week After Testnet Version Deployed
The upgrade will increase the number of transactions per second the blockchain can handle as well as reduce the time-to-inclusion.
Axiom’s Zero-Knowledge Proofs Might One Day Help Detect Deepfakes
The startup is working to build ZK technology that can be used en masse for AI applications. The protocol, which just launched its main network, can retrieve historical Ethereum data and make intensive off-chain computations, and transport the data with zero-knowledge proofs.
A $10M Options Bet on Ether Shows Positioning for a Bullish Second Half
Ether (ETH) jumped 61% in the first six months of the year and traders are now betting the rally in the token of Ethereum could extend in the second half. According to Amberdata, an investor purchased roughly 63,250 bull call spreads tied to ether and the strategy cost an initial $10 million. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."
Compound Founder on Plans to Create Bond Fund With Ethereum for Record-Keeping
Robert Leshner, founder of decentralized lender Compound, submitted filings to U.S. securities regulators for "Superstate," a new company that will create a short-term government bond fund using the Ethereum blockchain as a secondary record-keeping tool. Superstate CEO Robert Leshner shares insights into his new venture and the path ahead to securing regulatory approval.
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
Polygon, a staking solution for Ethereum, says its new architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, with an emphasis on zero-knowledge technology that has become one of this year’s hottest blockchain trends.
Ethereum’s Layer 2 Teams Want You to Clone Their Code
By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.
