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

Bitmain to Start Selling New Ethereum Mining Rig Model Wednesday

Despite the Merge edging closer, Bitmain is releasing an Ethereum ASIC.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

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Vitalik's Mom Offers Advice on How to Make It in Crypto

“You need to have a lot of perseverance and a lot of patience,” she said in an interview for CoinDesk's "Future of Work Week."

(Natalia Ameline)

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A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?

By ditching Ethereum for Cosmos, dYdX has sparked claims that it has chosen sovereignty over security.

(Allexxandar/iStock/Getty Images Plus)

Finance

Anchorage Digital to Introduce Ether Staking for Institutions as Move to PoS Approaches

The crypto custody firm is enrolling customers a few months ahead of Ethereum’s planned transition to a proof-of-stake mechanism.

Anchorage Digital is enrolling customers ahead of Ethereum's move to a proof-of-stake mechanism. (Anchorage Digital)

Opinion

The One Word That Defines Ethereum’s Goals

Bitcoiners aim for "hyperbitcoinization;" the world computer is built for "hyperregenization."

(Romain Vignes/Unsplash, modified by CoinDesk)

Finance

Morgan Stanley: GPU Demand Likely to Slow if Ethereum Moves to Proof-of-Stake

Moving to PoS also won't solve Ethereum’s scaling problems, the report said.

Ethereum's Merge will slow demand for GPUs. (Bradley D. Saum/Shutterstock)

Videos

Consensus 2022 Foundations: Ethereum

Susie Batt (Opera Browser), Redwan Melsem (Chainsafe), Alex White (Connext), Gabriel Tumlos (Mochi) and Dennison Bertram (Tally) introduce the highlights of their projects. Ethereum developer Preston Van Loon (Prysmatic Labs) sheds insights on the merge and what to expect in the future, followed by a Q&A with Ryan Watkins (Pangea Fund Management).

Foundations at Consensus 2022

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Ethereum's Gray Glacier (or How I Learned to Stop Worrying and Love the Difficulty Bomb)

The delay of Ethereum’s Difficulty Bomb suggests the network’s Merge to proof-of-stake might be a bit further away than hoped.

"Dr. Strangelove, or: How I Learned to Stop Worrying and Love the Bomb" (1964), directed by Stanley Kubrick, distributed by Columbia Pictures

Tech

Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

Staked ether (stETH) will trade at a discount until withdrawals are enabled, the report said.

Lido's stETH adds liquidity to ether that has been staked. (Aditya Siva/Unsplash)

Markets

Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers

A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.

The staked ether trading pool on Curve is quickly depleting after large holders used it as an escape route. (Flickr, modified by CoinDesk)