Ethereum Sees Record $11.2 Billion Institutional Inflows in July

As Ethereum outpaces Bitcoin, the PENGU team faces backlash after dumping $66 million in tokens amid a surge of scams.

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Terms & Concepts
  • Ethereum: A decentralized platform that enables smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference.
  • Bitcoin: The first and most widely recognized cryptocurrency, created in 2009, which operates on a decentralized peer-to-peer network.
  • Institutional Inflows: Investments made by institutional investors, such as banks and hedge funds, into assets like cryptocurrencies, reflecting growing interest and confidence.