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Ether
Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.
Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle.
First Mover Asia: FTX Debacle Might Change Hong Kong’s Approach to Retail Crypto Regulation; Bitcoin Shows Its Mettle
The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions.
Market Wrap: Bitcoin Rises on Encouraging Inflation News
The largest cryptocurrency hovered near $16.8K. Ether and other altcoins also surge.
FTX Accounts Drainer Transfers Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder
The unknown actor behind last week’s $600 million exploit of crypto exchange FTX transferred more than 21,555 ether (ETH), or over $27 million, in stolen funds to a single address during European morning hours on Tuesday. "The Hash" panel discusses the latest in the FTX collapse.
First Mover Americas: FTX's Hacked Funds Are on the Move
The latest price moves in crypto markets in context for Nov. 15, 2022.
FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder
The funds were converted to DAI stablecoins and bridged to the Ethereum network.
First Mover Asia: Bitcoin, Ether Rise Late Despite FTX Fatigue
ALSO: Sam Reynolds considers the advantages of licensed custodians as the crypto industry wrestles with the fallout from crypto exchange FTX's implosion.
Sam Bankman-Fried’s Unceremonious Exit Leaves ‘Alameda Gap’ in Crypto Markets
The fall of a big player in the crypto trading sector has created a domino effect: lack of liquidity, according to a new report from Kaiko.
Market Wrap: Bitcoin Holds Steady Through FTX Gloom
Most other major cryptos were trading in the green, albeit barely so.
First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?
ALSO: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech notes may prove crucial.
