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

Digital Asset Funds Hit by Record Weekly Outflows of $207M

Bitcoin-focused investment funds saw $107 million in outflows over the seven-day period.

Investment funds focused on bitcoin saw outflows of $107 million during the seven-day period, according to a report published Monday by CoinShares.

Tech

Polygon Stakes Claim to Fastest Zero-Knowledge Layer 2 With ‘Plonky2’ Launch

Th project’s co-founder cites new technology from one of its recently acquired scalability labs.

(Randy Tarampi/Unsplash)

Videos

Dfinity Founder on Internet Computer Opening Ethereum Bridge

Terabethia, a new cross-blockchain bridge connecting the Ethereum network with Dfinity’s Internet Computer, will allow ERC-20 tokens to exist natively on Dfinity’s network. This comes as tokens of Internet Computer (ICP) fell 97% since their issuance in May. Dfinity founder and chief scientist Dominic Williams shares insights into the bridge and its significance in the world of DeFi.

Recent Videos

Videos

Is 2022 the Year of Ethereum?

Global Innovation Leader at Ernst & Young Paul Brody discusses his CoinDesk article titled “2022 Is the Year of Ethereum,” offering insights into why Ethereum will become the dominant blockchain ecosystem. Brody explains how layer 2 solutions like Polygon resolve the issue of Ethereum’s gas fees and gives his perspective on competing projects like Solana and Cosmos.

Recent Videos

Markets

Ether Sees Higher Liquidations Than Bitcoin After Falling Under $3.2K

Nearly $160 million in ether long positions were liquidated.

Ether lost a major support level on Friday. (TradingView)

Videos

CoinDesk Releases Annual Report Highlighting Key Trends in Crypto

CoinDesk Research Associate George Kaloudis joins the “First Mover” panel to discuss the 2021 CoinDesk Annual Report. Topics include the decline of bitcoin dominance, Ethereum gas fees triggering the rise of scaling-focused altcoins like Polygon and Solana, and how El Salvador’s legalization of bitcoin impacted the crypto market. Plus, a look into the future of bitcoin mining as Kazakhstan, the country that became second only to the US in bitcoin mining hashrate, is suffering the worst protests in 30 years and internet blackouts.

Recent Videos

Layer 2

What Really Mattered to Crypto Markets in 2021

The CoinDesk Research Annual Crypto Review for 2021 examines some of the key themes and metrics that marked the year’s progress in cryptocurrency markets.

The CoinDesk 2021 Annual Crypto Review looks back on how crypto markets fared last year.

Finance

JPMorgan Says Ethereum’s DeFi Dominance at Risk Due to ‘Sharding’ Delays

Analysts from the bank said that the scaling of the network might arrive too late.

sharding (shutterstock)

Opinion

Facebook, Walmart and How Companies Shouldn’t Set Up in the Metaverse

Facebook’s “pivot to video” destroyed businesses that went along. The metaverse could be a repeat act.

A WalMart demo of virtual-reality shopping, first produced in 2017, has been making the rounds again as an example of the Metaverse. (WalMart/YouTube)

Opinion

2022 Is the Year of Ethereum

Everything important in blockchain is happening on Ethereum, says EY’s global blockchain lead.

(Yunha Lee/CoinDesk)