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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
Paxful Removes Ether From Platform
Ray Youssef, CEO and co-founder of peer-to-peer crypto marketplace Paxful, announced ether's (ETH) removal from the platform, citing Ethereum network's switch to proof-of-stake validation from proof-of-work. "The Hash" hosts discuss the case for Bitcoin in the latest clash between altcoins.
Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform
ETH has basically become a digital form of fiat thanks to its switch to a proof-of-stake validating mechanism, argued Youssef.
Is Ethereum’s Censorship Problem Taking a Turn?
New relayers and community efforts have contributed to a decline in censorship on the blockchain
Visa Proposes Automatic Payments Using Ethereum Layer 2 System StarkNet
Visa said self-custodial wallets could use a unique “account abstraction” method to set up automatic recurring payments on StarkNet as existing smart contracts do not currently support such steps.
Elon Musk's Twitter Poll Asks if He Should Resign as CEO
Elon Musk asked users on Twitter if he should step down as the head of the social media platform, with 57.5% voting in favor of the move. This comes as Ethereum co-founder Vitalik Buterin wrote in a recent tweet that Musk's recent decisions could send the company on a "path to authoritarianism." "The Hash" panel discusses Twitter's latest censorship concerns.
23 Blockchain Predictions for 2023
DARMA Capital co-founder and President Andrew Keys shares 23 blockchain predictions for 2023, including the Federal Reserve turning dovish, crypto contagion continuing to spread, and further developments on the Ethereum network.
Web3 Infrastructure Firm Blocknative Raises $15M for Ethereum Block Building Market
The funding round was led by Blockchain Capital, Foundry Group and several other venture capital firms.
Coinbase Introduces Recovery Tool for Lost ERC-20 Tokens: Report
Users will be able to recover more than 4,000 as-yet unsupported Ethereum-based tokens starting in a few weeks, according to TechCrunch.
Web3 Domain Provider Unstoppable Domains to Integrate With Etherscan and Polygonscan
The integration will make it easier to trace domain addresses on the two blockchain explorers.
Ethereum Will Continue to Be Dominant in 2023: Paul Brody
Ernst & Young Principal and Global Innovation Leader Paul Brody is bullish on the outlook of Ethereum going into 2023. He predicts a shift towards industrial, instead of purely financial applications. Plus, he discusses the outlook for Nightfall, a joint collaboration between Polygon and EY.