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


Markets

Ethereum Merge Has Tied Ether Futures Activity to Staking Yields, Traders Say

Stakers have been and will be natural sellers in futures and perpetual futures and the hedging activity will increase as staking yields rise.

Yield sign (Shutterstock)

Tech

Ethereum PoW Network Sees Complaints on Day 1 Amid Data Goof-Up

Users said they weren't able to access the blockchain's servers using the public information and attempts to link it to a crypto wallet failed.

Ethereum PoW users are reporting network issues. (Karla Hernandez/Unsplash)

Markets

First Mover Asia: Ether Tumbles Below $1.5K; Ethereum Merge May Ding Demand for Chips, but Semiconductor Stocks Could Still Be a Good Buy

Chip manufacturing giants Nvidia and AMD have struggled this year, and the Merge could lessen demand for chips. But analysts see opportunities for investors in the semiconductor space.

(Greyfebruary/Getty Images)

Opinion

OFAC Backtracks but Tornado Cash Sanctions Already Set a Terrifying Precedent

A government, an exchange and a developer: The tragic tale of a strategy to cut off a smart contract.

(Rachel Sun/CoinDesk)

Tech

Ethereum Already Showing Signs of Increased Centralization

In hours following the Merge, just two platforms added over 40% of the network's blocks.

In the hours following the Merge, the Ethereum blockchain has become more centralized. (Chengting Xie/unsplash)

Finance

Ethereum Miners Are Quickly Dying Less Than 24 Hours After the Merge

Now-redundant, Ethereum miners are flocking to other proof-of-work tokens after the network switched to a proof-of-stake consensus mechanism and finding slim pickings.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

Policy

SEC’s Gensler Signals Extra Scrutiny for Proof-of-Stake Cryptocurrencies: Report

Speaking after the Merge (but not specifically about Ethereum), SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations.

WASHINGTON, DC - SEPTEMBER 14: Gary Gensler, Chair of the U.S. Securities and Exchange Commission,  testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on September 14, 2021 in Washington, DC. (Photo by Evelyn Hockstein-Pool/Getty Images)

Videos

Polkadot Co-Founder ‘Super Happy’ to See Ethereum Transition to Proof-of-Stake

Polkadot Co-Founder Robert Habermeier joins CoinDesk TV to weigh in on Ethereum’s historic upgrade and what it means for the crypto industry as a whole. Plus, Habermeier explains why he views Polkadot as an “ETH collaborator.”

CoinDesk placeholder image

Videos

Successful Ethereum Merge Opens New Era for the Second-Biggest Blockchain

The massive overhaul of Ethereum, known as the Merge, has finally happened, moving the second-largest cryptocurrency by market value to a vastly more energy-efficient system after years of development and delay. "The Hash" panel discusses their "Merge Day" experience and more details on the upgrade.

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