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

Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K

Bitcoin analysts are still long-term bullish even as the cryptocurrency gives up gains from the past two days.

A two-day rally of nearly $2,000 in the bitcoin (BTC) price appears to have quickly petered out. (CoinDesk)

Videos

MakerDAO Moves Toward Multi-Chain With StarkNet Bridge

Ethereum-based DeFi lending and stablecoin platform MakerDAO is bridging to an overall network called StarkNet as part of efforts to reduce transaction fees and gradually move toward a multi-chain future. “The Hash” group discusses the significant impact MakerDAO has had in the DeFi space and security concerns that might arise as projects like Maker undergo fast-paced development. 

Recent Videos

Layer 2

Is Ethereum Staking Pool Lido’s Growth an Omen of Centralization?

Lido might be on track to control over 50% of all staked ether on the Beacon Chain. Better it than Coinbase, proponents say.

(Raimond Klavins/Unsplash)

Videos

Australia to List Crypto Spot ETFs; WazirX Founders Leave India

Bitcoin and Ethereum spot ETFs landing in Australia next week. India’s WazirX founders move to Dubai. Memecoin fans hope to head to the moon on “Dogecoin Day.” Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Tech

Ethereum DeFi Staple MakerDAO Adds StarkNet Bridge in First Step Toward Multi-Chain

Rebuilding Maker on StarkNet involves four phases, starting with a simple bridge that goes live on April 28.

A still from a video explaining how MakerDAO works. (Brady Dale/CoinDesk)

Finance

Australia Crypto ETF Market Heats Up With Two More Spot Funds Set to Launch

21Shares and ETF Securities will introduce Australia's first spot exchange-traded products for bitcoin and ether next week.

Sydney harbor. (Dan Freeman/Unsplash)

Finance

Ethereum Foundation Holds $1.3B in Ether, $300M in Non-Crypto Investments

Ether held by the non-profit represents about 0.3% of the total ether supply as of March 31, 2022.

(Alan Schein Photography/Getty Images)

Videos

Attacker Drains $182M From Beanstalk Stablecoin Protocol

Ethereum-based stablecoin protocol Beanstalk Farms was exploited for $182 million in a flash-loan attack over the weekend, making this the second nine-figure decentralized finance (DeFi) attack in a month.

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Opinion

Ethereum’s Dark Underbelly Shows That Even in Crypto, Trust Matters

Laura Shin’s book “The Cryptopians” drives home the reality that the human element is at least as important as it is in traditional fields.

Though he was one of many Ethereum cofounders, Vitalik Buterin's contributions - including surprisingly careful management - were pivotal. (David Paul Morris/Bloomberg/Getty)

Finance

Moonbirds NFTs Fly on Debut, Clocking $200M in Sales

The project is the first tied to Kevin Rose’s PROOF Collective, a private community of NFT collectors whose membership pass costs at least 99 ETH.

(Moonbirds)