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


Tech

The Graph Migrates its Settlement Layer to Arbitrum from Ethereum

The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.

(Barth Bailey/Unsplash)

Tech

Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift

Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem.

(José Martín Ramírez Carrasco/Unsplash)

Tech

‘Distributed Validator Technology’ Marks Last Key Milestone in Ethereum’s Current Era

The technology known as DVT involves splitting a validator's private key across several node operators. The goal is to increase the network's resilience – while also protect the individual validators – by reducing single points of failure.

Ethereum (ethereum.org)

Tech

P2P.org’s Ethereum Staking Application Is Now Available on Popular Wallet Provider Safe

The integration makes it easier for crypto users to participate in staking without operating the physical infrastructure.

(Getty Images)

Markets

Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong

It’s the first-such transaction by a Chinese financial institution in Hong Kong, according to the company.

(Ruslan Bardash/Unsplash)

Tech

Blockchain Staking Provider Chorus One Expands to Peer-to-Peer Network Urbit

Chorus One's bet on Urbit's future growth is described by executives as a natural extension of the company's staking services on blockchains including Ethereum, Solana, Cosmos and Polkadot.

Josh Lehman, executive director, Urbit Foundation, spoke at Consensus 2023 in Austin, Texas, in April. (Shutterstock/CoinDesk)

Opinion

The Memecoin Grift and How It Threatens Ethereum Culture

If Ethereum is to grow it’ll have to mature beyond the antics of those shilling the token-of-the-moment, says CoinDesk columnist Paul Dylan-Ennis.

Pepe the Frog (PepeCoin's Twitter account)

Tech

Ethereum’s Buterin Releases Roadmap Addressing Scaling, Privacy, Wallet Security

In his blog post, Buterin says the network needs to address these components simultaneously; otherwise the blockchain could fail.

Vitalik Buterin shares a new blog post on Ethereum's roadmap to address scaling, privacy, and wallet security. (CoinDesk)

Tech

Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token

Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week.

Attackers trying to exploit Near Protocol’s Rainbow bridge lost some 5 ether after automated security processes kicked in. (Unsplash, modified by CoinDesk)

Web3

Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections

Now out of its public beta test, the platform has expanded to include over 250 NFT collections.

(PiggyBank/Unsplash)