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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 ENS Identity System Set to Launch Own Layer-2 Blockchain
"Namechain" will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025.
Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going
Cardano's ADA, Polygon's POL advanced 15% as the broad-market CoinDesk 20 Index outperformed BTC.
Ethereum Foundation's Treasury Shrunk 39% Over 2 1/2 Years to $970M
The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.
In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.
Bitcoin Developers Working With StarkWare, Blockstream Claim Breakthrough on New Features
The prestigious team of developers say that the new method for adding "covenants," while still in need of refinement, could bring greater programmability to the Bitcoin blockchain without requiring a notoriously difficult-to-pass upgrade known as a soft fork.
VC Darling Eclipse Finally Debuts Its Solana-Ethereum Blockchain Hybrid
Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.
Protocol Village: MultiversX Reports That Tech Enthusiast Set Up Testnet Node on Smartphone
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 31-Nov. 6.
‘It’s So Early’: How Solana Is Competing With Ethereum for Institutional Interest
Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.
Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless
Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.
Protocol Village: Starknet Claims to Shatter Transaction Speed Record Among Ethereum Layer-2 Networks
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 24-30.