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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
Binance Dives Into NFTs; South Korea’s FSC Checks Staff for Crypto Trading
The world’s biggest cryptocurrency exchange Binance announced the upcoming launch of its own NFT marketplace this June. The platform will support Binance Smart Chain and Ethereum, hoping to expand its ecosystem to other blockchains such as Tron, Flow and Wax. Over in South Korea, the Financial Services Commission warned its employees to disclose personal crypto investments.
Binance to Launch NFT Marketplace in June
The marketplace will run on the Binance Smart Chain “mainly,” with the Ethereum network also supported.
Time Is Running Out to Win the Blockchain Race
Tech and financial services companies might think they have plenty of time to develop a "blockchain strategy." If history is a guide, they don't, says EY's blockchain leader.
Will Institutional Investors Buy the Dip?
Bitcoin sell-offs have led to a drop in price, but is this a brief pullback or the start of a larger price correction? According to Kyle Samani of Multicoin Capital, investors shouldn't be too worried. "The amount of institutional interest continues to increase in crypto," Samani said. "I expect every dip to be bought quite aggressively." Plus, his thoughts on leverage in the crypto markets and alternatives to the Ethereum blockchain for DeFi developers.
Bitcoin Price Decline Deepens, Heads for Worst Week Since February
Technical charts suggest a weakening trend, with altcoins rallying, as bitcoin slides toward $50,000.
Ethereum Gas Limit Hits 15M as ETH Price Soars
The Ethereum gas limit sets a ceiling for how many operations can be included in each block.
Can Alternative Base Layer Blockchains Draw Developers Away from Ethereum?
Issues with the Ethereum blockchain have prompted some developers to seek alternatives. One NFT issuer, Doublejump.Tokyo, is moving to the Flow blockchain built by Dapper Labs. Is this a sign of a transition away from Ethereum dependence to a multichain world? “The Hash” panel debates.
PancakeSwap Widens Binance Smart Chain's Lead Over Ethereum on Transactions
The Ethereum blockchain is busier than ever, but its high fees help Binance Smart Chain maintain the lead.
State Lawmaker Explains Wyoming's Newly Passed DAO LLC Law
Wyoming DAO LLCs have to be domiciled in the state, which could be a point of confusion for denizens of the decentralized web.
Is Bitcoin Boredom Driving the Altcoin Rally?
Ether reached an all-time high Thursday, but bitcoin's upside momentum continued to slow. What's behind the rise of ether and the altcoin rally? Steven McClurg of Valkyrie Investments explains why he thinks there's a shift in investor behavior. McClurg also discusses the status of Valkyrie's ETF application and his thoughts on the impact of bitcoin ETFs on the markets.