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


Videos

Yuga Labs Suffers Discord Server Hack, 200 ETH in NFTs Stolen

The Bored Ape Yacht Club (BAYC) Discord server was hacked on Saturday, with the attacker draining 200 ETH ($360,000) worth of NFTs. Josh Fraser, Origin Protocol co-founder, discuses the details of the hack, the potential security risks of Discord, and the future of Web 3 communities.

Recent Videos

Finance

Bitcoin Might, in Fact, Be the Great ‘Equalizer’

A new global survey drills in on the perception of Bitcoin around the world, and the findings appear to be generally optimistic for global equity.

(Aziz Acharki/Unsplash)

Learn

What Is Optimism?

Here’s what you need to know about the layer 2 scaling solution and the Optimism token, OP, including the problems with the first OP airdrop.

(Unsplash, modified by CoinDesk)

Tech

The ‘Google of Blockchains’ Is Sunsetting Its Centralized Service

The Graph announced it will urge developers to migrate to its Ethereum-based indexer network as it shuts down its centralized service by early 2023.

Graph Day 2022 (Sam Kessler/CoinDesk)

Markets

Staked Ether Discount After Terra Collapse a Sign of Liquidity Crunch in Crypto

The price gap between the locked-up ether and spot ether may be a sign of traders demanding compensation for Ethereum’s "Merge" risks, a FundStrat analyst said.

Staked ETH diverged from ETH and hasn't recovered, a sign that investors are pricing in risks of Ethereum's "Merge". (Luis Villasmil/Unsplash)

Videos

Ethereum’s Hotly Anticipated Merge and Dress Rehearsal

Ethereum is moving closer to a pivotal transition to proof-of-stake, but an unwelcome security hiccup “reorg” on the Beacon Chain rained on the Merge prep parade last week. “The Hash” hosts break down what this means for Ethereum and the wider crypto ecosystem.

CoinDesk placeholder image

Policy

Inside Madison Cawthorn's $150K Crypto Bet: Here's the Wallet Under Ethics Investigation

The North Carolina firebrand is under investigation for allegedly “pumping and dumping” the “Let’s Go Brandon” meme coin. CoinDesk found his Ethereum wallet.

Rep. Madison Cawthorn (R-N.C.) speaks before a rally for former U.S. President Donald Trump in April. (Allison Joyce/Getty Images)

Layer 2

Merge Ahead: Ethereum’s Dress Rehearsal (and a Hiccup)

Ethereum’s Ropsten testnet is on the brink of a pivotal transition to proof-of-stake, but an unwelcome “reorg” rained on the Merge prep parade last week.

Ethereum's Merge is ahead. (Simon McGill/Moment/Getty Images)

Markets

Optimism Tokens Claimed by Some Users Ahead of Official Airdrop Announcement

The Ethereum scaling system’s long-awaited airdrop is expected to go live on Tuesday, but some users were able to jump in early.

Did you pay taxes on that airdrop? (Pixabay)