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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
So What if the Ethereum Foundation Holds Fiat?
The Ethereum Foundation disclosed in an annual report that nearly 20% of its treasury is made up of non-crypto investments.
Crypto Funds Saw Minor Outflows Last Week
Some $7 million flowed out of digital asset funds in the week through April 22.
GPUs Get Cheaper as Ethereum’s Switch to Proof-of-Stake Gets Closer
The network's planned switch to PoS has been pushing prices for graphics cards down.
But Exchanges, What Low Volumes You Have!
Even though bitcoin’s price is range-bound and crypto exchange volumes are at yearly lows, there is no reason to worry … yet.
NBA Top Shot Whale Launches NFT Lending Platform 'Flowty' With $4.5M in Funding
Michael Levy, one of the first large investors in the NBA Top Shot NFT project, has raised $4.5 million in funding to launch a peer-to-peer NFT lending marketplace on the Flow blockchain called Flowty. “The Hash” group discusses the potential of the NFT lending space and the difference between Flow and other base layer chains like Ethereum and Solana.
‘Built to Fail’? Why TerraUSD’s Growth Is Giving Finance Experts Nightmares
The Terra/Luna blockchain is growing at a blinding pace. At its heart, according to some critics, is a ticking time bomb.
Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K
Bitcoin analysts are still long-term bullish even as the cryptocurrency gives up gains from the past two days.
MakerDAO Moves Toward Multi-Chain With StarkNet Bridge
Ethereum-based DeFi lending and stablecoin platform MakerDAO is bridging to an overall network called StarkNet as part of efforts to reduce transaction fees and gradually move toward a multi-chain future. “The Hash” group discusses the significant impact MakerDAO has had in the DeFi space and security concerns that might arise as projects like Maker undergo fast-paced development.
Is Ethereum Staking Pool Lido’s Growth an Omen of Centralization?
Lido might be on track to control over 50% of all staked ether on the Beacon Chain. Better it than Coinbase, proponents say.
Australia to List Crypto Spot ETFs; WazirX Founders Leave India
Bitcoin and Ethereum spot ETFs landing in Australia next week. India’s WazirX founders move to Dubai. Memecoin fans hope to head to the moon on “Dogecoin Day.” Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
