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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
Lido Community Conducting Snapshot of V2 Upgrade Design Approval
Lido is gearing up for Ethereum’s upcoming Shanghai upgrade.
Crypto Wallet Provider Safe Launches Developer Stack Enabling Account Abstraction
The open-source stack will allow developers to build Web3 apps that enable account abstraction while maintaining a Web2 user experience.
Bernstein Sees 'Cautious' Ether Price Until Shanghai Upgrade
The firm noted that investors are worried about a "supply overhang."
Upcoming Upgrades That Will Shape the Ethereum Ecosystem
Here are some approaching dates and launches that Ethereum followers and observers should keep an eye on.
Disinvitation From Denver Crypto Conference Reveals Tensions Between Aptos, Sui Blockchains
Tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project.
Non-Custodial Liquid Staking Platform Ether.Fi Closes $5.3M Fundraise
The round was co-led by North Island Ventures, Chapter One and Node Capital and included participation from BitMex founder Arthur Hayes.
Second Ethereum Testnet Successfully Simulates Shanghai Hard Fork
The Sepolia testnet was able to successfully process staked ETH withdrawals. There is one more test on the Goerli testnet that is planned before Shanghai goes live.
Optimism DEX Velodrome Generates Record Weekly Fees Following Coinbase Announcement
Coinbase said last week it is launching Base, another layer two network built using Optimism technology.
Start of the End? Testnet Goerli Ether Spikes to $1.60 as Traders Jump on Opportunity Meant for Developers
LayerZero offered developers a way to get their hands on intrinsically worthless gETH tokens for testing purposes – but traders jumped on that opportunity, leading to an uncannily high-valued market.
