Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts. Ethereum’s own purported goal is to become a global platform for decentralized applications.

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Avalanche Hits 1 Million Monthly Active Users

Avalanche achieves 1M monthly active users while Ether balance on exchanges hits record low. Tether expands into Bitcoin mining, and Bitcoin trades at a substantial discount on Binance. Plus, crypto markets brace for an imminent downturn.


Bank of Russia to Mine Crypto Assets

Bank of Russia to set up entities for crypto mining. The European Parliament adopts crypto-focused legislation. Bitcoin hovers near $29.3K. Plus, Ethereum Shanghai Upgrade leads to huge influx of ETH at exchanges.

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