Ethereum

Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person


Finance

Starknet Token STRK Begins Trading at $5 After Mammoth Airdrop

Fully diluted value of STRK reached as high as $50 billion with an initial market cap of $3.64 billion.

Pyth issues token airdrop (ian dooley/Unsplash)

Markets

Ether Could Be the Next 'Institutional Darling,' Bernstein Says

The second-largest cryptocurrency is probably the only digital asset other than bitcoin likely to get spot ETF approval from the SEC, the report said.

SEC logo (Nikhilesh De/CoinDesk)

Tech

The Protocol: Bitcoin's OP_CAT, Fake Ethereum Tokens, Starknet's Airdrop

CoinDesk's Jamie Crawley takes a look at the suddenly-high-profile proposal to revive Bitcoin's historic "OP_CAT" function as a way of enabling more development on the oldest blockchain. PLUS: the unofficial "ERC-404" tokens driving up fees on Ethereum and highlights from our Protocol Village column over the past week.

(Alexander Sinn/Unsplash)

Tech

Protocol Village: Sommelier Expands to Ethereum Layer-2s Via Axelar, Starting With Arbitrum

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 8-14.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Finance

EigenLayer's Cap Lift Prompts $4B Inflow as ETH Restaking Heats Up

Capital locked on restaking protocols is now at $10 billion, in December it was just $350 million.

Eigenlayer TVL (DefiLlama)

Tech

Starknet Blockchain Plans Much-Awaited Airdrop of New STRK Tokens Next Week

The airdrop will happen on Feb. 20, and eligible users have until June 20 to claim their tokens

Eli Ben-Sasson, Co-founder and CEO of StarkWare (StarkWare)

Tech

Ethereum Developers Create 'DN-404' Tokens After ERC-404s Send Network Fees Surging

The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it's already driven up congestion on the Ethereum blockchain.

(Unsplash)

Markets

Ethereum Validator Entry Queue Signals Renewed Interest in Staking

The validator entry queue has jumped to 7,045, the highest since Oct. 6, according to data source ValidatorQueue.

Staking (Shutterstock)

Opinion

Ethereum Has Gatekeepers (for Good Reason)

A new, non-standard token standard called ERC-404 circumvented the usual governance process and is capitalizing on a term with an actual definition.

(Thomas Vogel/Unsplash)