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

Crypto Funds See Largest Weekly Outflows Since January

Some $134 million flowed out of digital asset funds in the week through April 8 as investors took profits and fled bitcoin-focused funds.

Last week's $134 million in net outflows from crypto funds was the most since January. (CoinShares)

Tech

Ethereum's First Mainnet Shadow Fork Goes Live as Move to PoS Continues

The shadow fork will stress test developers' assumptions on existing testnets and the mainnet.

Founder of Ethereum Vitalik Buterin during TechCrunch Disrupt London 2015 (John Phillips/Creative Commons/CC2.0, modified by CoinDesk)

Tech

Ethereum Rollup Arbitrum to Release Major Update

The update will halve fees, increase transaction speed, and make it easier for Ethereum Virtual Machine-compatible apps to build on Arbitrum.

(CHUTTERSNAP/Unsplash)

Tech

Ethereum Gas Usage Rose in March as Ether Ran to $3.5K

ERC-20 token generation last month was 125% above February's levels, even as developers continue to build new projects on other blockchains.

(Dimitri Vervitsiotis/Getty images)

Finance

Commonwealth Bank's Crypto Services Face Regulatory Delays: Report

The Australian bank was testing a program that allowed customers to hold and use crypto on its app.

Melbourne city at night (James O'Neil/ Getty Images)

Layer 2

Ronin Attack Shows Cross-Chain Crypto Is a ‘Bridge’ Too Far

Last week’s $625 million exploit of the Axie Infinity sidechain underscores the risks of sacrificing decentralization for scale, Ethereum boosters say.

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Finance

Ethereum Scaler Boba Network Valued at $1.5B in $45M Series A

In addition to easing Ethereum’s transaction load, Boba injects off-chain machine learning into the contracts powering DeFi.

(Rosalind Chang/Unsplash)

Markets

Crypto Funds Draw Inflows for Second Straight Week

Some $180 million flowed into digital asset funds in the week through April 1, CoinShares reported on Monday.

$180 million of net inflows in the seven days through April 1, according to CoinShares. (CoinShares)