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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
Polygon Raises $450M to Build Web 3 Applications, Invest in Zero-knowledge Tech
Polygon, a secondary scaling solution for the Ethereum blockchain, raised $450 million in a funding round to support its plans for building Web 3 applications and investing in zero-knowledge technology. Its native MATIC token surged over 15% after the announcement. "The Hash" panel discusses the industry implications for the project's first major raise since it was founded in 2017.
Crypto Fund Inflows Follow Pickup in Market Sentiment
Inflows into digital-asset funds last week were 4.5 times what they were the week before.
$4.4M Stolen in Hack of Blockchain Infrastructure Firm Meter
According to PeckShield, the hack on Saturday saw more than 1391 ETH and 2.74 BTC stolen.
Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says
Ether could reach $12,000, the report said.
Ethereum Name Service Removes Core Team Member Brantly Millegan Over 2016 Tweet
A tweet from Nick Johnson, founder and lead developer of ENS, confirmed Millegan has been removed from both the DAO and as director of operations of True Names Ltd.
A Bridge Too Far: Does the Wormhole Hack Mean the Multi-Blockchain Dream Is Dead?
Bridges and other connections between blockchains present inherent security challenges. Whether those can be solved will determine the future of the entire ecosystem.
Crypto Options Trading Volume Surged in January as Prices Fell
The drop in prices kicked off certain trading strategies.
Jump Trading Backstops Wormhole’s $320M Exploit Loss
Wormhole’s parent company has stepped in to prevent chaos across the Solana DeFi landscape.
Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over $326M
The popular bridge for connecting Ethereum, Solana and more is now attempting to negotiate on-chain with the hacker.
