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


Technologies

Arbitrum Temporarily Stopped Processing Due to Software Bug

The Ethereum layer 2 network went out of service for several hours due to a bug in the sequencer and a resulting transaction backlog that stressed the network. A fix was deployed and the network is now processing again.

(Danny Nelson/CoinDesk)

Vidéos

The Case for Self-Custody in Wake of FTX Collapse

FTX and other exchange bankruptcies have highlighted the potential risks to users of trusting centralized entities with the keys to their crypto. As part of CoinDesk's Consensus @ Consensus Report, CoinDesk Ethereum Protocol Reporter Margaux Nijkerk joins "First Mover" to discuss the outlook for crypto self-custody in the aftermath of the recent crypto crash.

CoinDesk placeholder image

Technologies

Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain

Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times.

(David Mark/Pixabay)

Technologies

Optimism 'Bedrock' Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to 'Superchain'

The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."

OP Labs CEO Karl Floersch. (Optimism)

Marchés

Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

The embattled crypto lender has deposited $745 million of ETH to staking contracts in the last two days, significantly stressing the already-long waiting time to deploy new validators to the Ethereum network.

Celsius deposits ETH into staking contracts (Arkham Intelligence)

Consensus Magazine

CoinDesk Turns 10: 2015 – Vitalik Buterin and the Birth of Ethereum

The most used blockchain is supposed to be immutable. So why has it changed so much from its founding? This feature is part of our CoinDesk Turns 10 series.

Founder of Ethereum Vitalik Buterin during TechCrunch Disrupt London 2015 (John Phillips/Creative Commons/CC2.0, modified by CoinDesk)

Technologies

5 Years After the $500K Ethereum Wager Between Joe Lubin and Jimmy Song, Who Won?

The wager made at Consensus 2018 between the two blockchain eminences hinged on how far Ethereum adoption would get by now. Crypto analysts say the network appears to have met a key threshold, or at least gotten very close.

From the left, Joe Lubin, Jimmy Song, and Brady Dale. (CoinDesk)

Vidéos

Ether Balance on Exchanges Nears All-Time Low: Glassnode

The number of ether (ETH) on exchanges has hit a low not seen since July 2016 as staking saps up available ether. Data from Glassnode shows that as of Thursday, 14.85% of all ether was held in wallets owned by centralized exchanges. "The Hash" panel discusses their outlook for the Ethereum network, also citing the continued impact of the historic Shapella upgrade.

Recent Videos

Marchés

Ether Balance on Exchanges Nears All-Time Low

The drop comes as the number of staked ether has surged.

Ethereum (ethereum.org)

Technologies

Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality

After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industry) got a searing reminder on the importance of managing expectations.

Screen grab from video purporting to show a user smashing a hardware wallet with a hammer and then setting it ablaze with a blowtorch. (@oklahodl1/Twitter)