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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's Shanghai Hard Fork Nears
Investors are awaiting Ethereum's 'Shapella' upgrade, slated to go live next week. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Lido Stakers Can Expect Ether Withdrawals 'No Sooner Than Early May'
Lido needs to complete security audits of its V2 upgrade before it can allow withdrawals.
Inventor of Ethereum’s ERC-20 Token Standard Plans New Blockchain ‘LUKSO’ for Creative Types
Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,” and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.
Consortium of Ethereum Builders Band Together To Launch MEV Blocker
A consortium of Ethereum builders join forces to launch MEV Blocker, a utility that promises to help people transact on Ethereum without succumbing to maximal extractable value (MEV) bots. "The Hash" panel discusses what this means for the Ethereum’s MEV ecosystem in the latest move giving power back to the regular user.
Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
Ethereum’s upcoming Shapella hard fork or Shanghai upgrade will let users withdraw their "staked ether." The impending unlocking of ETH deposited in the network to boost security in return for rewards will see some holders rush to exchanges to liquidate their tokens, which some observers say could be worth a couple of billion dollars. Meanwhile, CoinDesk’s Ethereum validator enters its final weeks, sitting on more than $30k of gains. "The Hash" panel discusses the potential market impact.
MEV Blocker Wants to Help You Outrun the Front-Runners
Builders behind the new utility say it will help Ethereum users avoid the scourge of MEV and earn a profit, too.
CoinDesk’s Ethereum Validator Enters Final Weeks, Sitting on More Than $30K of Gains
To better chronicle the Ethereum blockchain's transition to a proof-of-stake network, CoinDesk started its own validator. We plunked down the 32 ETH (roughly $15K at the time) and laid the technical groundwork. With staking withdrawals due to start April 12, we take stock of the project.
Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
The 1 million instantly withdrawable ether has become a point of concern for the market.
Ether Breaking Out Ahead of Ethereum’s Shanghai Upgrade: Bernstein
The rally in the price of ether is similar to the move seen before the blockchain’s last upgrade, the Merge, the report said.
Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
Ether (ETH), the native token of Ethereum's blockchain, rose to an eight-month high on Tuesday, outshining market leader bitcoin (BTC), as U.S. stock futures traded higher while the dollar index dipped. Separately, Dogecoin (DOGE) surged on Elon Musk's Twitter logo change. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."