Ethereum Hard Fork Coin ETHW Down More Than 95% Since The Merg
Nearly a year after Chandler Guo — the instigator of the Ethereum blockchain’s last hard fork — predicted its rise, the native coin of the breakaway Ethereum proof-of-work blockchain has plummeted by more than 95%. Ethereumpow (ETHW) now trades at a price less than 1% of the U.S. dollar value of ether. The team behind the Ethereum proof-of-work network acknowledged in March that the protocol’s prospects may not be as bright as they were in September 2022.
Zksync Airdrop Confirm?
Token commitments to insiders: Multiple people from ZkSync (Alex Gluchowski, Steve Newcomb, Marco Cora) confirmed that there will be a token. They mentioned that ⅓ of the tokens are reserved for insiders. [2] This sounds like they have already made a commitment to allocate tokens to key stakeholders. Why would they not launch a token? A token is the best way to monetize your project and get the support of relevant people
A Token for the Zk Porter: So, I’m collecting every bit of information about the airdrop that I could find & by coincidence I stumbled upon something interesting: The ZkPorter. The ZkPorter is the off-chain Data availability layer for ZkSync. As you know ZkSync validates transactions off-chain in order to scale better. That's what the ZkPorter is for. Anyway, after learning about the ZkPorter, I watched the Bankless interview with Alex Gluchowski from ZkSync and he said something along the lines of [1]: “We need a token because that's how the ZkPorter will be validated”
Ethereum’s active addresses second-highest in history: Analysts
Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery.
Through an examination of Ether’s
ETH
null,629 on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893 on Sept. 13.
This recent upsurge represents the second-highest number of daily active addresses ever recorded in Ethereum’s history. The highest count was registered on Dec. 9, 2022, aligning with Ether’s reevaluation following its losses from the post-2021 bear market.
As a result, analysts at Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Additionally, this uptick in on-chain activity indicates a growing demand for the underlying asset.
EU announces initiative to fast-track supercomputer access for AI startups
European Union President Ursula von der Leyen also called for a global AI governance body during the 2023 State of the Union address.
European Union President Ursula von der Leyen announced a new initiative to give artificial intelligence (AI) startups expedited access to European supercomputers.
The announcement came during the president’s 2023 EU State of the Union address on Sept. 13.
Second-largest Thai bank creates $100-million AI fund
The fund, named KXVC, will target AI, Web3 and deep tech startups with a focus on the Asia-Pacific region.
Kasikornbank, or KBank, one of Thailand’s largest private banks, launched a flagship fund to invest in artificial intelligence (AI). The fund, named KXVC, will target AI, Web3 and deep tech startups with a focus on the Asia-Pacific (APAC) region.
According to a press release published on Sept. 13, the fund will possess a $100-million investment budget with Krating Poonpol, chairman of KBank Business Technology Group, in charge of the enterprise. In Poonpol’s words:
Bitcoin, Ethereum Technical Analysis: BTC, ETH Find Price Support Ahead of US Consumer Confidence Report
Bitcoin rebounded from a one-month low Tuesday, as markets prepare for the upcoming U.S. consumer confidence report. The confidence index is expected to increase to a reading of 111.5 in July, up from 109.7 the month prior. Ethereum also bounced higher, after colliding with a key price floor.
news.bitcoin.com/bitcoin-ethereum-technical-analysis-btc-eth-find-price-support-ahead-of-us-consumer-confidence-report/