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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
Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv
Digital asset platform Anchorage Digital is expanding its lending service with ethereum-backed loans through BankProv, a traditional Massachusetts-based bank formally known as Provident Bank. This is the first time the crypto custody bank has extended ETH-backed loans through a traditional FDIC-insured bank. Diogo Mónica of Anchorage Digital explains how this works.
Ethereum and XRP Looking More Attractive as Investors Rush to Exit Bitcoin Funds
Investors redeemed a net $141 million during the seven days through June 4, the highest weekly total on record, according to CoinShares.
The First SEC-Registered Crypto Robo-Advisor Makara Launches Mobile App
Makara CEO and co-founder Jesse Proudman joins "First Mover" to discuss the new mobile app with a waitlist of over 20,000 people. The new app offers six thematic baskets of assets specifically weighted to bitcoin, ethereum and decentralized finance (DeFi) tokens.
Anti-Virus Service Provider Norton Rolls Out Ether Mining Feature
Miners are subject to a 15% fee of the total crypto sent to their wallets for use of Norton's service.
Anchorage to Offer Ethereum-Backed Loans Through BankProv
This is the first time Anchorage has extended ETH-backed loans through a traditional, FDIC-insured bank.
Market Wrap: Bitcoin in Repair Mode as Traders Head to Miami; Dogecoin Gains
Bitcoin is stabilizing after a wild May as traders gather in Miami. DOGE sees further gains.
Valid Points: Why Staking on Eth 2.0 Is Becoming Lucrative for Exchanges
The staking industry is growing. Plus, here's what’s being built for the Web 3 future.
Ex-Head of China's Digital Yuan Effort Says CBDCs Could Operate on Ethereum
Central bank digital currencies will one day be more "smart," and not merely digital versions of cash, Yao Qian said.
Uniswap Poll Signals Strong Support for Putting v3 on Ethereum Scaler Arbitrum
The Snapshot poll votes are in.
WisdomTree Files Ethereum ETF Application as Bitcoin Bids Await SEC Decision
The asset manager becomes the second firm to submit an ETH ETF application with the U.S. regulator.
