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

Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process

Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.

(lido.fi)

Policy

U.S. CFTC Chief Behnam Reinforces View of Ether as Commodity

That view differs from the apparent SEC view that ETH may be a security.

CFTC Chairman Rostin Behnam (Chip Somodevilla/Getty Images)

Finance

Staking Protocol EigenLayer Raises $50M Amid Crypto Winter

Blockchain Capital led the round for the system that allows Ethereum stakers to reuse the tokens.

(Pixabay)

Tech

ConsenSys Launches zkEVM Public Testnet, Renames It ‘Linea’

The release comes in the days after competitors, Polygon and Matter Labs, came out with their own zkEVMs.

(DALL-E/CoinDesk)

Videos

Bitcoin Briefly Slips Below $27K as CFTC Sues Binance

Bitcoin (BTC) briefly dipped below $27,000 as crypto traders react to the CFTC suing Binance and its CEO Changpeng "CZ" Zhao. In the last 24 hours, Binance has seen a net outflow of $400 million on Ethereum, according to blockchain analytics firm Nansen. This compares to a net flow of $2 billion over the past seven days. Hxro founder Dan Gunsberg weighs in.

Recent Videos

Tech

Polygon zkEVM Mainnet Beta Goes Live; Ethereum’s Buterin Sends First Transaction

The release of Polygon’s zkEVM comes just days after competitor Matter Labs released its own zkEVM, zkSync Era.

Sandeep Nailwal, cofundador de Polygon. (Danny Nelson/CoinDesk)

Consensus Magazine

Regulatory Pressure Did Not Shut Down Privacy Tool, Aztec Founders Say

Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for commercial reasons.

(Aztec Network)

Videos

Zero Knowledge Proofs Explained

Matter Labs is opening its zkSync Era to general users after it launched to developers last month. CEO and co-founder Alex Gluchowski explains what zero-knowledge proofs are as competition between Ethereum scaling platforms heats up.

CoinDesk placeholder image

Tech

Matter Labs Opens zkSync Era to Users, Claiming First in ‘Zero Knowledge’ Tech on Ethereum

After zkSync Era was launched only for developers last month, the project took the additional step Friday of opening to general users. The latest push comes just days ahead of the rival Polygon system’s planned rollout Monday of its own “zero knowledge Ethereum Virtual Machine.”

Citrea says its zero-knowledge rollup will help expand Bitcoin's ability to accommodate NFTs and DeFi. (Unsplash modified by CoinDesk)

Tech

Ethereum Network DRPC Aims to Quell Centralization Risks Ahead of Shanghai Upgrade

DRPC developers say Ethereum remains dependent on a few major centralized RPC players, which undermines ecosystem sustainability and security.

Shanghai (Unsplash)