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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
MetaMask Surpasses 10 Million MAUs, Becomes World’s Leading Non-Custodial Crypto Wallet
Lex Sokolin, Global Fintech co-head of leading Ethereum software company ConsenSys, discusses what’s behind the huge growth of user activity in MetaMask, which now has more than 10 million monthly active users (MAUs) and positions itself as the leading non-custodial wallet by users globally. Plus, his take on the outlook for NFTs, Ethereum, and Solana.
What Does the Booming NFT Markets Reveal About Blockchain and DeFi?
John Wu of Ava Labs, which launched the proof-of-stake Avalanche blockchain, discusses his assessment of the booming non-fungible token (NFT) markets. “People sense and see, finally, real use cases… and that’s why there’s a run in the alts,” Wu said, pointing to the benefits of utility on the blockchain, including Ethereum and Avalanche.
Ethereum’s Most Popular Software Client Issues Hotfix to High Severity Bug
Ethereum’s most popular software client, Geth, has issued a hotfix to a high-severity security issue in its code, encouraging users to upgrade immediately to the latest version. CoinDesk's Christine Kim breaks down the release and the implications for the Ethereum blockchain. Plus, insights into the developments and impact of the highly anticipated London hard fork upgrade nearly three weeks after its launch.
'The Defiant' Founder Camilla Russo on the Future of DeFi, Ethereum
Camila Russo, CEO of decentralized finance-focused media platform The Defiant and "The Infinite Machine" author, discusses why she believes SEC Chair Gary Gensler saying DeFi projects could be subject to regulation could only push DeFi "to be truly decentralized." Plus, her take on ether's net effect on DeFi, the Ethereum network's competitive advantage over emerging smart contract platforms and the evolution of the Ethereum community's culture.
Dogecoin Foundation Returns With Ethereum’s Vitalik Buterin as Adviser
The Dogecoin Foundation, a nonprofit organization that aims to support the development of DOGE, has been re-established with Ethereum co-founder Vitalik Buterin as its “blockchain and crypto adviser.” The foundation is now hoping to secure a three-year budget to hire a small staff to work on dogecoin full-time.
TikTok Picks Blockchain-Based Streaming Service Audius to Power New ‘Sounds’ Library
Audius, a music streaming platform based on the Ethereum and Solana blockchains, is partnering with TikTok on the video-sharing app’s new “Sounds” library. "The Hash" squad discusses how the partnership, the first of its kind for TikTok, could help artists on Audius increase their exposure to users and discover crypto more broadly. Will the worlds of decentralized services and Big Tech continue to collide?
Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies
Bitcoin and ether are soaring, but some crypto traders speculate the next hot market bet: digital assets associated with visions of a decentralized Internet or Web 3.0 tokens. Vanessa Grellet, Head of Portfolio Growth at investment firm CoinFund, explains what Web 3.0 tokens are and why she believes “this is looking like the future.”
NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage
Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.
