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

THORChain Phases Out Support for Rune Tokens on Ethereum, BNB Chain

The move comes weeks after THORChain’s native blockchain went live on seven supported networks.

Thor hammer (UnSplash)

Markets

The 'Merge Trade' Has Begun, Experts Say, as Ether Surges and stETH Discount Narrows

"ETH has undergone a rapid change in narrative over the past week, with speculators purely focused on the upcoming 'merge' as a catalyst for appreciation," one observer said.

Ether rallies as developers confirm tentative date for Ethereum's merge. (CoinDesk, Highcharts.com)

Tech

Ethereum’s Merge Projected for September According to 'Soft' Timeline

The Merge will see Ethereum switch from the energy-intensive proof-of-work consensus mechanism to a more efficient proof-of-stake system.

(Pine Watt/Unsplash)

Videos

Polygon Joins Disney’s Accelerator Program to Develop AR, NFT and AI Experiences

Ethereum scaling tool Polygon is continuing to expand its Web3 infrastructure through its participation in Disney’s 2022 Accelerator program, designed to spur the growth of innovative companies around the world. "The Hash" squad discusses Polygon's latest moves and the potential outcomes.

Recent Videos

Tech

Ethereum’s Shadow Fork 9 Goes Live in Lead-Up to the Merge

Developers are focused on testing recent updates and the releases used in the previous Sepolia hard fork. "But on a more intensive network.”

Chinese crypto miner Chandler Guo has launched a campaign to fork the Ethereum blockchain and create a spinoff, hewing to the “proof-of-work” (PoW) system that it uses now. (bildanova/500px/Getty Images)

Videos

Vitalik Buterin Strikes Back at Proof-of-Stake Critics

Ethereum co-founder Vitalik Buterin took to Twitter to defend the blockchain’s historical move to proof-of-stake (PoS), responding to critics suggesting digital assets secured by such consensus mechanisms are securities. “The Hash” team discusses Buterin’s comments ahead of the upcoming merge.

CoinDesk placeholder image

Markets

Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake

The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.

A key market metric known as the "stETH discount" suggests market speculation that Celsius Network might dump a big stake. (Creative Commons, modified by CoinDesk)

Layer 2

What’s in Your Bear Market Backpack?

From existential dread to blissful ignorance — reactions to Ethereum’s market slump vary across the board

(pepifoto/Getty Images)

Markets

Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet

The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)