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

Protocol Village: MultiversX Reports That Tech Enthusiast Set Up Testnet Node on Smartphone

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 31-Nov. 6.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

‘It’s So Early’: How Solana Is Competing With Ethereum for Institutional Interest

Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.

Solana's offices in New York City (Danny Nelson)

Finance

Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless

Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.

The U.S. election may have some short term impact on the crypto industry but TradFi giants are likely to plow ahead regardless of the results. (Douglas Rissing/Getty Image)

Tech

Protocol Village: Starknet Claims to Shatter Transaction Speed Record Among Ethereum Layer-2 Networks

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 24-30.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Tech

Leading Bitcoin Layer 2 Picks Optimism's Red-Hot Superchain to Link to Ethereum

BOB, which is trying to make Bitcoin a DeFi hotbed, aims to create bridges between itself and layer-1 blockchains like Ethereum.

BOB team (BOB)

Tech

Astria, Project to Decentralize Crucial Blockchain 'Sequencers,' Goes Live With Main Network

Astria's sequencing layer could be used like a modular plug-in for other networks, as an alternative to a centralized sequencer – sometimes seen as a bottleneck, or a single point of failure, or potentially a vector of transaction censorship.

Astria component diagram, from the project documentation (Astria)

Tech

Bitcoin Project BOB Maps Out How the Original Blockchain Could Take Over DeFi

The goal is to create trust-minimized bridges between itself and other layer-1 blockchains, according to the abstract of a new "vision paper" shared with CoinDesk.

BOB team (BOB)

Markets

Solana Looks Overbought Against Ethereum; Bitcoin-Gold Ratio Stuck in a Downtrend

The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

The RSI shows overbought conditions. (TradingView/CoinDesk)

Tech

Protocol Village: Blockchain Key Manager Cubist, Led by Carnegie Mellon Prof, Launches Bridge-Security System 'Bascule'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 17-23.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Tech

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director

Robert Liu, a member of the board of Hong Kong-based BiT Global, which was recently added by BitGo as an additional custodian to the bitcoin-on-Ethereum token known as wrapped bitcoin (WBTC), notes in an exclusive interview that Tron founder Justin Sun has come to the aid of customers in the past.

Tron party at Bitcoin Nasvhille (Bradley Keoun)