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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
Polychain Capital, Three Arrows Lead $230M Investment in Avalanche Ecosystem
Fresh on the heels of a $180 million incentive program, the Avalanche Foundation announced Thursday a $230 million raise led by Three Arrows Capital and Polychain Capital to jumpstart liquidity in the network’s burgeoning decentralized finance (DeFi) ecosystem. "The Hash" squad discusses Avalanche as an emerging player entering the DeFi game, implications for VCs getting involved with the network, and the competition with Ethereum.

Parkpine Capital Managing Director Says ETH Price Could Go to $7500 Next Year
Ahmed Shabana, Managing Director at Parkpine Capital, discusses his analysis, adoption, and price forecast for ether, explaining whether he sees ETH as a store of value or deflationary asset. "95% of our strategy is in Ethereum," Shabana said, suggesting the bullish outlook for the second-largest cryptocurrency by market cap. Plus, other investments he's continuing to watch.

Australia’s zkTube Labs Raises $15M for Its Ethereum Layer 2 Protocol
Funding will be used for the operation of zkTube’s mainnet, which launched on Sept. 10.

Ethereum Founder Vitalik Buterin Named to Time Magazine’s ‘Most Influential’ List
Vitalik’s writeup was penned by Reddit co-founder Alexis Ohanian.

Bitcoin and DeFi Coins Rally, Ethereum Alternatives Drop as Solana’s Outage Triggers Sector Rotation
Solana’s and Arbitrum’s outages were bad optics for Ethereum alternatives in general.

More Than $1B in ETH Has Been Burned Since Ethereum’s London Hard Fork
In just six weeks, over 297,000 ETH has been permanently removed from circulation.

Valid Points: The Success of Ethereum’s Alternative Ecosystems
Also: Decentralization in DeFi is becoming more accessible

Synthetix’s SNX Token Jumps as DeFi Project Lyra Sets New Rewards Program
“This shows a growing community of participants for the Synthetix ecosystem,” said one analyst.

Layer 2 Network Arbitrum Experiences Hourlong Network Outage
The Ethereum scaling solution overcame an hourlong outage on its beta mainnet this morning as TVL continues to soar.
