What is Ethereum & how does it work?

Ethereum allows smart contracts to execute safe financial transactions. Smart contracts let decentralized applications run automatically on the blockchain when certain predetermined conditions are met. The Ethereum network can be used for the creation and trading of non-fungible tokens, or NFT s.

Can you borrow ETH?

Several exchanges and specialized lenders in the US let you borrow ETH once you deposit another cryptocurrency or US dollars as collateral. You can use your borrowed ETH for trading, staking, yield farming and a range of other decentralized finance (DeFi) activities.

What are the benefits of Ethereum lending?

In addition to being able to get a fast loan, Ethereum lending provides the means for investors to earn interest from their ETH instead of having it sit idle. One of the benefits of taking out an Ethereum loan is how easy the process is.

What's wrong with the Ethereum & bitcoin memo?

The bitcoin, ethereum and crypto industry has broadly criticized the memo. "Bizarre that they put something so blatantly illegal in writing," Ari Paul, the chief investment officer of BlockTower Capital, posted to Twitter. "The SEC has no authority to determine what is and isn't a security under law.