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

Aptos' APT Token Down 52% in April After Booming March: VanEck

According to data from VanEck, Aptos' APT token dropped 52% in value after an auspicious March where it surged 44%. The asset manager added that Aptos lost the most on-chain revenue, month to month, of any chain outside of Ethereum. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Tech

Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy

Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains.

Plume co-founders Eugene Shen, Chris Yin and Teddy Pornprinya (Plume)

Policy

Gensler Says 'Stay Tuned' on U.S. SEC's Decision on ETH ETF

The SEC faces a Thursday deadline for at least one of the spot ether ETF applications it's reviewing.

SEC Chair Gary Gensler (Jesse Hamilton/CoinDesk)

Markets

PEPE’s Surge to Top 20 Tokens Turns Early $460 Purchase to $3.4M

The recent surge in PEPE's value is partly attributed to its use as a levered bet on the growth of the Ethereum ecosystem, with traders anticipating the approval of a spot ether exchange-traded fund (ETF) in the U.S.

(Danny Nelson/CoinDesk)

Policy

BlackRock, Grayscale, Bitwise File Updated 19B Forms in Rush for Ethereum ETF

All the updated forms removed the provisions for staking ether, which some say was causing a regulatory roadblock.

Scrabble letters spelling ETF arranged a rack

Tech

Protocol Village: Stripchain, Intent-Based Interoperability Protocol, Raises $10M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.

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

Tech

The Protocol: EIGEN Riches Tempt Ethereum Devs, Even as ETF Approval Nears

There's been tension among members of the Ethereum developer community – even though the ETH price is mooning due to growing anticipation that U.S. regulators might give the green light to spot ether ETFs.

(EXPANALOG/ Unsplash)

Finance

Bitcoin Is Coming to Ethereum Stalwart MetaMask: Sources

MetaMask is a giant in the Ethereum ecosystem, but it's poised to cross one of the biggest tribal divides in crypto.

Bitcoin is coming to MetaMask (Unsplash)

Tech

Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN

The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.

Ethereum Foundation researcher Dankrad Feist, namesake for "proto-danksharding," a major component of Ethereum's upcoming "Dencun" upgrade. (Bradley Keoun)

Tech

Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm

Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site. Other investors in the latest fundraising round include a16z and Haun.

Farcaster co-founder Dan Romero