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


Markets

As DeFi Deflates, Ethereum Users Get Reprieve From Soaring Fees, Congestion

The popularity of decentralized cryptocurrency exchanges had backed up the Ethereum blockchain, raising questions about its ability to scale.

Reduced traffic from decentrentralized exchanges has relieved congestion on the Ethereum blockchain.

Markets

First Mover: Bitcoin Steady as Trump Tweets and Neo Takes on Ethereum

Trump's back-and-forth tweets over U.S. stimulus whipsaw bitcoin prices along with traditional markets, and Neo ratchets up competition with Ethereum.

Competition is intense to break the Ethereum blockchain's stronghold on financial applications and DeFi development.

Markets

Amid US-China Tech War, Can Neo’s DeFi Stack Rival Ethereum’s?

Neo revealed its ambition to beat the second-largest blockchain by market cap during a time when Chinese firms such as TikTok and Huawei successfully established their dominance in an international market.

China-USA

Finance

CryptoPunk Bounties: Ark.Gallery Rolls Out Blind Bids on 8-Bit NFT Collectibles

Ark.Gallery is adding liquidity to the market for CryptoPunks by letting people place blind bids on the NFTs.

CryptoPunks

Tech

MetaMask Gets Into the Decentralized Exchange Aggregation Business With Token Swaps

MetaMask announced a new feature Tuesday: token swaps directly within the popular Ethereum browser extension and mobile application.

MetaMask mockup

Markets

TODAY: Bitcoin's $1 Billion Crop: Why Hodlers Are Harvesting Yield on Ethereum

Why all the hype behind yield farming and food-inspired tokens? Should investors take them seriously or are they a fading trend?

DeFi, Yield Farming, Yearn Finance, YFI

Markets

First Mover: Bitcoiners May Not Care if Dollar Keeps Its Reserve Status

What if the dollar keeps its reserve status? PLUS: FCA ban, McAfee arrest, commercial real-estate wipeout.

Just as this chariot carried Julius Caesar's trophy of war, the dollar could retain its reserve-currency status.

Markets

Guggenheim-Collected Artist to Release Digital Artwork on Blockchain Marketplace

A prominent Taiwanese-American multimedia artist considered a pioneer of internet-based art is releasing her work on blockchain-based platform MakersPlace.

Taiwanese digital artist Shu Lea Cheang

Markets

First Mover: Day in the Life of a Yield Farmer Means Part-Time Gig, Full-Time Risk

Yield farming steals crypto traders' obsession as bitcoin's volatility falls to 180-day low; Coinbase employees take severance.

MOSHED-2020-10-5-7-27-42

Markets

Meet the Yield Farmers Plowing Cryptocurrency's Riskiest Trend

Yield farming could result in promising developments in the DeFi ecosystem. Nonetheless, each yield farmer told CoinDesk the same thing: This stuff is really, really risky.

farming