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


Opinion

ETF Stands for 'Everything That Fits'

First Bitcoin, then Ethereum, now Solana. ETF issuers will stop at nothing so long as they believe they can make money.

A messy kitchen sink. (Yinan Chen, Public Domain, via Wikimedia Commons)

Tech

Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit

Proving systems are a crucial component at the heart of blockchain ecosystems, allowing secondary "rollup" networks to confirm transactions on a base chain like Ethereum. Polygon's prior version, Plonky2, was released in 2022.

Polygon Co-founder Daniel Lubarov (Polygon Labs)

Finance

CarnationFM: A Decentralized Radio Playing Songs With Encrypted Hidden Messages

CarnationFM emerged from EthBerlin 2024 and won the award for Best Social Impact.

16:9 A mix of volunteers and hackers at EthBerlin playing music. 
Image Courtesy: Amitoj Singh/CoinDesk Date: May 2024

Tech

Protocol Village: Tezos-Focused Trilitech Building Prototype of 'Jstz' as JavaScript-Based L2

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 5-10.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

Staked Ether Close to All-Time High as ETF Approval Nears

Polymarket bettors give a 90% chance that ether ETFs will be approved by July 26.

Ethereum (ethereum.org)

Tech

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company

Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.

Ritual co-founder Niraj Pant (Ritual)

Tech

Sam Altman’s Layer-2 Blockchain Project, World Chain, Opens to Developers

This means that select developers can apply to build, test, and give feedback to Tools For Humanity, the developer firm behind Worldcoin, according to a press release shared with CoinDesk.

Worldcoin co-founders Alex Blania and Sam Altman (Marc Olivier/Worldcoin)

Tech

Blockchain Startup Rome Raises $9M to Serve Ethereum Layer-2s Through Solana

Shared sequencers and data availability (DA) are services that Rome could provide, as blockchain builders increasingly rely on "modular" networks to handle Ethereum's myriad components and functions.

Rome co-founders Anil Kumar and Sattvik Kansal (Rome)

Markets

Ethereum ICO-Era Stalwart Golem Sent $100M Ether to Exchanges in the Past Month

The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for thousands of other ICOs in the years since.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)