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

The Protocol: EIGEN Riches Tempt Ethereum Devs, Even as ETF Approval Nears

There's been tension among members of the Ethereum developer community – even though the ETH price is mooning due to growing anticipation that U.S. regulators might give the green light to spot ether ETFs.

(EXPANALOG/ Unsplash)

Finance

Bitcoin Is Coming to Ethereum Stalwart MetaMask: Sources

MetaMask is a giant in the Ethereum ecosystem, but it's poised to cross one of the biggest tribal divides in crypto.

Bitcoin is coming to MetaMask (Unsplash)

Tech

Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN

The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.

Ethereum Foundation researcher Dankrad Feist, namesake for "proto-danksharding," a major component of Ethereum's upcoming "Dencun" upgrade. (Bradley Keoun)

Tech

Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm

Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site. Other investors in the latest fundraising round include a16z and Haun.

Farcaster co-founder Dan Romero

Consensus Magazine

What to Expect at Consensus 2024: Spotlight on Blockchain Tech

The three-day conference (May 29-31) features a host of big-name speakers from the realm of blockchain tech, including Sergey Nazarov, Casey Rodarmor, Joe Lubin, Emin Gün Sirer and Rune Christensen. Here is a preview of everything on offer.

Cosmos co-founder and Informal Systems CEO Ethan Buchman is scheduled to speak on the "bitcoinization of Cosmos" at Consensus 2024. (Bradley Keoun)

Markets

Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline

Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.

Ether's price decline appears to have hit a brick wall. (Pexels/Pixabay)

Tech

How MIT Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M

First came "The Bait." In an indictment, U.S. prosecutors detailed the incredibly complicated Ethereum exploit – in which attackers targeted the controversial area of "maximal extractable value," known as MEV.

(Shutterstock, modified by CoinDesk)

Opinion

What the DOJ’s First MEV Lawsuit Means for Ethereum

In a highly technical overview of an exploit that has since been patched, government prosecutors find that exploiting code is a crime. CoinDesk reached out to several experts in the Ethereum community to get their views on the case.

Department of Justice (Shutterstock)

Tech

Protocol Village: Cyber, Formerly CyberConnect, Unveils Social-Focused Layer 2 on OP Stack

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.

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