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

Ethereum’s Fees Are Too Damn High

The most used smart contract blockchain is practically unusable.

(andreas N/Pixabay, modified by CoinDesk)

Videos

Ethereum Blockchain Software Company ConsenSys Plans for Massive Expansion After Raising $200M

ConsenSys has raised $200 million in the latest round that valued the Ethereum backer at $3.2 billion. ConsenSys Global Fintech Co-Head Lex Sokolin shares insights into the firm's expansion, Web 3, and ETH.

Recent Videos

Tech

Binance Fully Integrates Ethereum Scaler Arbitrum One

Users can now deposit ether to their Binance accounts via Arbitrum One.

The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)

Markets

First Mover Asia: Bitcoin Drops Below $60K Amid Broad Sell-Off in Crypto Markets

Traders could not definitively explain bitcoin’s decline; ether falls under $4,000 for the first time since late October.

Longer-term bitcoin price chart shows this week's big dropoff. See the red candle on the right. (CoinDesk)

Tech

Polkadot Chief Promises Freedom From Ethereum’s ‘Economic Enslavement’

Polkadot creator (and Ethereum co-founder) Gavin Wood says Ethereum is actually closer to Bitcoin than many of its adherents would freely admit.

Polkadot founder Gavin Wood (Parity Technologies)

Markets

Not All Cryptos Are Scarce Like Bitcoin

For many cryptocurrencies and digital assets, scarcity is a key part of their value. But not all scarcity is created equal.

(Firos nv/Unsplash)

Finance

ConsenSys Plots Massive Expansion Following $200M Fundraising

“There’s a war for talent going on,” the Ethereum builder’s chief strategy officer said.

Joseph Lubin, a co-founder of Ethereum and the CEO of ConsenSys, speaks at SXSW 2019.

Videos

ConsenSys Plots Massive Expansion Following $200M Fundraising

ConsenSys is preparing for battle in crypto’s hot jobs market with $200 million to spend on up to 400 new hires after a funding round valuing the Ethereum backer at $3.2 billion. “The Hash” hosts discuss the past, present, and future of ConsenSys as a force to be reckoned with in the Ethereum ecosystem.

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Videos

MyEtherWallet Allows Users to Mint Ethereum Blocks as NFTs

MyEtherWallet (MEW), a wallet and interface for participating in the Ethereum network, has launched its first NFT collection that tokenizes individual blocks on the Ethereum blockchain. COO Brian Norton discusses ETH blocks, NFTs, and the possible factors moving ether’s price as the cryptocurrency is nursing more than a 3% loss at press time.

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Markets

Avalanche’s AVAX Token Surges to All-Time High After Deloitte Deal, Defying Crypto Trend

The token is up 85% in the past 30 days, pushing its market capitalization to $23 billion.

(Unsplash/Robert Bye)