Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
TL;DR Ronin Bridge Hacked: The Ethereum sidechain Ronin Bridge, crucial for transferring assets in the popular play-to-earn NFT game Axie Infinity, suffered a breach. Malicious actors stole 3,996
TL;DR The creation of new Ethereum addresses has dropped to its lowest level of the year, reflecting a cooling demand for the digital asset. ETH network
TL;DR Nomad Bridge Exploiter’s Buying Spree: Amid the crypto market downturn, hackers have seized the opportunity to acquire more digital assets. The Nomad Bridge Exploiter managed to
TL;DR Market Outflows Amid Concerns: Last week, digital assets investment products saw a significant outflow of $528 million—the first weekly decline in four weeks. Investors reacted
TL;DR Balancing Needs: Vitalik Buterin emphasized the importance of making Ethereum accessible to both newcomers and experienced users while maintaining its core values. Challenge of Accessibility: Developers face
TL;DR Rebranding to Sonic Labs: Fantom, a DAG protocol, has transformed into Sonic Labs. The project’s official page now bears the name “Sonic Labs,” signaling a
TL;DR Bitcoin ETFs experienced an outflow of $18.3 million on July 30. BlackRock’s Ethereum ETF, ETHA, saw an inflow of $118.0 million, outperforming its Bitcoin counterpart.
TL;DR Unifying Liquidity Across Ecosystems: Movement Labs partners with Polygon Labs to enhance liquidity solutions on Layer 2 blockchains. The collaboration bridges MoveVM-based networks and Ethereum
TL;DR Solana metrics appear inflated, with many non-organic transactions. Solana faces high activity from fraudulent projects and volume manipulation via bots. There is a significant discrepancy
TL;DR Bitcoin hit $70K after Trump’s speech, but fell to below $67K due to the US government’s transfer of 30,000 BTC. Ethereum has performed relatively well
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy
