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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
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The circulating supply of stablecoin USD coin (USDC) on Justin Sun's Tron blockchain has surpassed 108 million in less than a month. Some say this indicates that crypto traders are increasingly turning to blockchains that provide cheaper transaction fees with faster speed than what's found on Ethereum. "The Hash" hosts explore the continuing growth of stablecoins and whether USDC is set to defeat tether (USDT) as the dominant stablecoin.
IBC Group Moves Out of China, Pavilions Hotels to Accept Crypto
IBC Group to end Bitcoin and Ethereum mining in China. The Pavilions Hotels and Resorts to accept crypto. Blockchain leads to rise of crypto natives. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
EY Releases Zero-Knowledge Layer to Tackle Increasing Ethereum Costs
The tool was built to address network congestion and rising transaction costs brought about by the growth of decentralized finance (DeFi).
Reinvent Money to Reward Virtue
Bitcoin wrested control of money from the state. Ethereum and other technologies will return it to the heterogeneous communities that dot the globe, write Matthew Prewitt and Steven McKie.
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The growth could be the result of traders looking for faster and cheaper transactions compared with Ethereum.
Is Now the Time to Buy Bitcoin?
QCP Capital Co-Founder and CIO Darius Sit discusses mixed signals for bitcoin and whether this is a smart time to invest now. “Bitcoin is “the king coin,” Sit said. While Ethereum can potentially trade higher than bitcoin, he said he believes that bitcoin will hold value better in the long run.
Market Wrap: Bitcoin Outperforms Top Cryptocurrencies in June
The outperformance came despite a negative month for the leading cryptocurrency by market cap.
Stablecoins to Watch: USDC Could Expand to 10 More Blockchains
USD coin (USDC), a stablecoin currently on four blockchain networks with a market cap of $25 billion, could soon be on as many as 10 more networks, including Tezos. USDC is an Ethereum-based stablecoin managed by the CENTRE consortium, started by fintech firm Circle and crypto exchange Coinbase.
Get Virtual Clothes in This Shopping District in Decentraland Metaverse
Digital real estate NFT investment fund Republic Realm's Janine Yorio on launching Metajuku, a shopping district in Decentraland. It's an Ethereum-based virtual world, or metaverse, owned by its users and governed through a decentralized autonomous organization (DAO). "Metajuku is a natural evolution of the retail environment that went from 2D websites to 3D immersive retail stores that people can shop in," Yorio said.