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

First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows

The Ethereum blockchain's soaring gas prices don't seem to have deterred customers as DeFi usage grows and tests what the market can bear.

DeFi is pushing up usage and fees on Ethereum, and the blockchain network so far is passing the stress test. (Flickr Creative Commons, modified by CoinDesk)

Markets

First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags

SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.

MOSHED-2020-9-10-7-37-32

Markets

Bitcoin News Roundup for Sept. 9, 2020

With bitcoin hovering just above $10,000 and a tokenized form of Ethereum transaction fees in the crosshairs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Markets Daily Front Page Adam Lyllah

Videos

What Is Yield Farming? DeFi’s Hot Trend Explained

The world of decentralized finance (DeFi) has taken off, giving birth to Ethereum-based applications like yield farming and liquidity mining. CoinDesk Senior Research Analyst Galen Moore guides us through what all these concepts mean and how people are making money in DeFi.

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Videos

What Is Yield Farming? DeFi's Hot Trend Explained

The world of decentralized finance (DeFi) has taken off, giving birth to Ethereum-based applications like yield farming and liquidity mining. CoinDesk Senior Research Analyst Galen Moore guides us through what all these concepts mean and how people are making money in DeFi.

Recent Videos

Markets

First Mover: SushiSwap's Billion-Dollar 'Rug Pull' Is Thriller to Crypto Geeks

The "SUSHI rug pull" is a gripping drama in the fast-moving arena of decentralized finance, which apparently is still limited to crypto geeks.

The SushiSwap saga appears to have more plot twists ahead. (George M. Groutas/Creative Commons, modified by CoinDesk)

Tech

Ethereum Developers Weigh Gas Rule Change to Ease Fee Pressure

As Ethereum fees soar, a proposal to nix “gas tokens,” which let users prepay fees when they’re cheap and spend them later, is getting renewed attention.

(Christian Lue/Unsplash)

Markets

First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report

Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk.

There's now a credit-default swap contract on Tether, allowing traders to bet on the credit risk inherent in the dollar-linked stablecoin. (Thomas Rowlandson/Metropolitan Museum of Art, modified by CoinDesk)

Markets

3 Reasons Bitcoin Just Tanked Below $11K for First Time in a Month

Cryptocurrency analysts attributed the drop to a combination of risk-off sentiment in traditional markets, DeFi exhaustion and miner selling.

Bitcoin price chart versus ether and the S&P 500. (TradingView)