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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
NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage
Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.
Ether Held on Centralized Exchanges Hits 3-Year Low
Only 9.4% of ether is held in centralized exchanges, the least since 2018.
NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage
Since last year, Uniswap has usually commanded the top spot.
Digital-Asset Funds Reach $50B Despite Outflows
Despite experiencing outflows for the fifth straight week, assets under management in digital funds hit their highest level since mid-May.
Why Enterprises Should Build on Public Blockchains
Private networks, a lot like corporate private intranets, may never go away but they will never be as relevant as the public internet or open chains like Ethereum.
'Wormhole' Launches for Connecting DeFi on BSC, Terra and Ethereum to Solana
Wormhole opens a faster (and, developers claim, simpler) route for non-native assets to enter Solana’s bustling DeFi ecosystem.
Is ETH Fee Burning as a Result of the Ethereum Hard Fork Similar to Bitcoin Halving?
CoinDesk Managing Tech Editor Christie Harkin and "First Mover" Editor Brad Keoun debate a question related to the Ethereum hard fork: Is ETH burning similar to a bitcoin halving?
Ethereum Burns 36% of New Coin Issuance Over 2 Days
At first glance, EIP 1559 seems to be working effectively. A closer look at the numbers may suggest otherwise.
Bitcoin Rises Above $43K for First Time Since May
Bitcoin's price rose above $43,000 Friday for the first time since May, taking its year-to-date return to 48%. The Week in Review panel for "All About Bitcoin" discusses the week's top events that could have propelled bitcoin's rally, including Ethereum's London hard fork upgrade, growth in crypto ATM installations, and JPMorgan's in-house bitcoin fund launch.