Devcon Southeast Asia Unites Ethereum Community in Thailand

Cryptocurrency Market Updates

Here are the latest developments in the cryptocurrency market:

Cryptocurrency Price Movement

Bitcoin (BTC): Currently priced at $90,000.02, showing a 1.9% increase in the last 24 hours.
Ethereum (ETH): Valued at $3,179.92, experiencing a 2.6% decrease in the past 24 hours.
Solana (SOL): Priced at $213.16, with a slight 0.1% decline from the previous day.

Trending Cryptocurrencies Update

PEPE: Surging by 280% to reach $0.00001 in the last 24 hours.
Peanut the Squirrel: Showing a remarkable 282% increase to hit $1.68 within a day.
Celestia: Witnessing an 11.5% drop to settle at $4.96 compared to the previous day.

For detailed daily price updates, refer to our Facebook page.

Highlights from Ethereum’s Devcon Event

The Devcon Southeast Asia event kicked off on November 12, featuring keynote speeches from prominent figures in the Ethereum community, including Skylar Weaver, Josh Stark, Aya Miyaguchi, and co-founder Vitalik Buterin.

During the speeches, Weaver underscored Ethereum’s commitment to users and developers while acknowledging the ecosystem’s current maturity:

Ethereum serves as a platform where ideas are transformed into reality, housing some of the most developed use cases.

Miyaguchi elaborated on Ethereum’s philosophy, highlighting the blockchain’s recent achievements:

8,000 active contributors monthly
100 community hubs spanning 6 continents
Energy consumption reduced by 99% post PoW to PoS transition
Average transaction cost of $0.80 (compared to $3.00 in 2017)
1 million transactions per day (vs. 200K in 2017)
Advancements in privacy with programmable cryptography
Enhanced wallet user experience through account abstraction

In his address, Buterin reflected on Ethereum’s journey and outlined future plans:

Continued focus on decentralization, censorship resistance, and quantum resistance
Ongoing efficiency and scalability enhancements
Developments in DAS to support 100k+ TPS on L2

Buterin highlighted Ethereum’s increased scalability, enabling a range of financial and non-financial applications. He encouraged developers to explore this vast potential by building diverse projects.

Stay tuned for more articles covering Devcon on BitPinas. For additional event snapshots, visit our Facebook page.

Developments in the Philippine Crypto Space

Coins.ph’s Coins Converter platform now supports trading for tokens $PNUT and $ACT.
YGG introduced its Guild Protocol Concept Paper, outlining future plans.
YGG Play Summit revealed the top 16 finalists for its Cosplay Championships, offering a prize pool of ₱130,000.

Recent Crypto News Highlights

Explore the latest updates and announcements from the crypto and blockchain realms:

Sam Altman’s World project, previously known as Worldcoin, initiated its human verification initiative in Brazil.
Bitcoin enters the “Euphoria Zone,” with projections indicating a potential surge to $90,000 – $125,000 by year-end.
Analysts at Copper.co anticipate Bitcoin reaching its market cycle peak in roughly 200 days.

Web3, AI, and Gaming Advancements

Discover the latest advancements in web3, AI, and gaming innovation:

Starknet is set to introduce staking on November 26, requiring 20,000 STRK tokens for validators with a 21-day unstaking lockup.
Huma Finance expands to Solana to enhance its “PayFi” solution, offering instant liquidity for trade finance and remittances.
Doodles NFTs experience a value surge following a teaser collaboration with McDonald’s, with a floor price reaching 2.6 ETH.

Event Engagements and Future Happenings

Stay informed about upcoming events, webinars, and meetups in the crypto space across the Philippines!

Contact Us

We value your feedback! Share your thoughts or queries with us. This article is originally posted on BitPinas: Devcon SEA Unites Ethereum Community | Key Insights | November 14, 2024