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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
Market Wrap: Altcoins Rally as Bitcoin Buyers Return
FTM, XLM and SHIB were all up over 10% over the past 24 hours, compared with a 2% rise in BTC.
NEAR Hits All-Time High as Upstart Blockchains Win With 'FOAN Trade'
Some analysts view Near as an undervalued protocol set for fast growth this year.
Ethereum Reaches a Staking Milestone
The top four staking entities on the Ethereum 2.0 Beacon Chain now cumulatively account for 47.5% of total deposits, with Lido making a significant jump.
Kevin O’Leary Shares Crypto Investment Philosophy and Why Crypto Deals Are Not Seen on ‘Shark Tank’ Yet
Kevin O’Leary, co-host of “Shark Tank” and O’Shares ETFs Chairman, shares his investment strategy in the blockchain space, highlighting his diversification approach. Mr. Wonderful also explained why we do not see crypto pitches on “Shark Tank.”
EPNS Goes Live in Bid to Bring Notifications to Web 3
Ethereum Push Notification Service provides the basic alert functionality that powers much of the online experience.
Crypto Traders See $343M of Liquidations as Bitcoin Dips Below $40K
More than 109,000 traders were liquidated over the past 24 hours.
Digital Asset Funds Hit by Record Weekly Outflows of $207M
Bitcoin-focused investment funds saw $107 million in outflows over the seven-day period.
Polygon Stakes Claim to Fastest Zero-Knowledge Layer 2 With ‘Plonky2’ Launch
Th project’s co-founder cites new technology from one of its recently acquired scalability labs.
Dfinity Founder on Internet Computer Opening Ethereum Bridge
Terabethia, a new cross-blockchain bridge connecting the Ethereum network with Dfinity’s Internet Computer, will allow ERC-20 tokens to exist natively on Dfinity’s network. This comes as tokens of Internet Computer (ICP) fell 97% since their issuance in May. Dfinity founder and chief scientist Dominic Williams shares insights into the bridge and its significance in the world of DeFi.
Is 2022 the Year of Ethereum?
Global Innovation Leader at Ernst & Young Paul Brody discusses his CoinDesk article titled “2022 Is the Year of Ethereum,” offering insights into why Ethereum will become the dominant blockchain ecosystem. Brody explains how layer 2 solutions like Polygon resolve the issue of Ethereum’s gas fees and gives his perspective on competing projects like Solana and Cosmos.