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

MetaMask Adds 'Pooled Staking' for Cheaper Ethereum Validation

The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.

Joe Lubin, Founder and CEO of Consensys, MetaMask's developer, speaks at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Tech

Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years

The program will tap into funds made available by Polygon’s Community Treasury, and the team shared that roughly 100 million POL tokens will be given out each year.

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)

Tech

ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect

According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."

Pyth issues token airdrop (ian dooley/Unsplash)

Tech

Optimism Finally Gets Its Mission-Critical 'Fault Proofs'

For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.

OP Labs CEO Karl Floersch. (Optimism)

Markets

VanEck Sees Ether Hitting $22K by 2030

Ether's 2030 valuation is driven by $66 billion in free cashflows and $15 trillion TAM potential, VanEck writes

Jan van Eck, president and CEO of VanEck speaks at Consensus Invest 2018 (CoinDesk)

Tech

The Protocol: Another Episode in the Layer-2 Teams Drama

We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”

(jean wimmerlin/Unsplash/PhotoMosh)

Tech

Protocol Village: Coinbase Launches Passkey-Based 'Smart Wallet,' Alchemy Unveils 'Rollups,' Fleek Releases Testnet

The latest in blockchain tech upgrades, funding announcements and deals. For May 28- June 7.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Markets

Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says

ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.

Ethereum (Unsplash)

Tech

Polygon Acquires Zero-Knowledge Cryptography Firm Toposware

Sources close to the deal told CoinDesk that the company was valued at $30-50 million. The purchase means that Polygon Labs has invested over $1 billion on zero-knowledge research and acquisitions, the team shared in a press release.

Polygon Labs CEO Marc Boiron (Polygon Labs)