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

Protocol Village: Arcana Announces 'Chain Abstraction Protocol' to Remove 'Complexities of Bridging'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.

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

Finance

Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says

Prospective providers of spot ether ETFs in the U.S. removed provision for staking from their applications to avoid potential regulatory roadblocks.

Ophelia Snyder, Co-Founder, 21Shares, at Consensus 2024 by CoinDesk, Austin, USA  (CoinDesk)

Tech

Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard

Funds will be used towards expanding the project's restaking services, including adding support for ERC-20 tokens.

Renzo Founding Contributor Lucas Kozinski (Renzo)

Tech

Protocol Village: Aethir, for Sourcing GPUs, Launches Decentralized Cloud on Ethereum

The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 12.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Opinion

What ETF Approval Could Mean for Ethereum

The SEC’s recent decision sets Ethereum up for success in numerous new ways, says Ilan Solot, Senior Global Markets Strategist, Marex Solutions.

(Joel Heaps/Unsplash)

Tech

MetaMask Adds 'Pooled Staking' for Cheaper Ethereum Validation

The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.

Joe Lubin, Founder and CEO of Consensys, MetaMask's developer, speaks at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Tech

Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years

The program will tap into funds made available by Polygon’s Community Treasury, and the team shared that roughly 100 million POL tokens will be given out each year.

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)

Tech

ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect

According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."

Pyth issues token airdrop (ian dooley/Unsplash)

Tech

Optimism Finally Gets Its Mission-Critical 'Fault Proofs'

For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.

OP Labs CEO Karl Floersch. (Optimism)