Bitcoin ETFs Surge to File Highs with Billions in Inflows, Spotlighting Mainstream Crypto Adoption Amid Governance Queries

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ETHEREUM’S BIG TENT: Ethereum conferences aren’t only for Ethereans anymore, CoinDesk’s Sam Kessler studies. Final week’s ETHDenver convention in Colorado, one of many yr’s largest gatherings for builders and customers of the Ethereum blockchain, drew in a cross-section of the blockchain trade. The broad swath of attendees could be a testomony to Ethereum’s affect on different blockchain ecosystems, attracting onlookers from different crypto tribes. However it additionally could be an indication of rival programs trying to encroach on Ethereum’s success in making blockchains extra programmable, with its vibrant ecosystem of software program builders trying to create new purposes. Bitcoin, within the midst of a developer renaissance with the appearance of its personal NFTs and decentralized finance (DeFi) companies, had a formidable turnout of builders on the convention. So did Polkadot, the “hub-and-spoke” blockchain created by Gavin Wooden, an Ethereum co-founder who used to market his new venture as an enchancment over the Ethereum mannequin. Even Solana, the speed-focused community that is lengthy positioned itself as an “ETH Killer,” had a well-attended sales space at Denver’s Nationwide Western Advanced, the convention’s venue. John Paller, the convention’s founder and govt steward, instructed CoinDesk in an interview that there have been “most likely seven or eight layer 1s which are right here, and we have now most likely 12 layer 2s.” In keeping with convention officers, there have been 20,000 “pageant attendees.”

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