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


Policy

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Tech

Movement Labs Raises $38M for Rollup Based on Facebook's Move Language

Movement's 21 and 24-year-old co-founders say they are on a mission to "make blockchain security sexy" with the launch of their L2.

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)

Finance

EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum

The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital

Funding (Gerd Altmann/Pixabay)

Tech

Protocol Village: Alchemy Launches 'Pipelines' to Streamline How Blockchain Engineers Extract Data

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.

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

Tech

The Protocol: Bitcoin Halving Spectacular, With Runes, 'Epic Sat,' Stacks Nakamoto

Unlike the last Bitcoin halving, a ho-hum affair where Covid-locked-down gawkers had little choice but to tune into livestreamed watch parties, the upcoming Bitcoin halving comes with project launches, competitions and IRL celebrations in Denver and Costa Rica.

(Nat/Unsplash)

Tech

Protocol Village: Lido Launches 'Simple DVT Module' With Distributed Validator Technology

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 11-17.

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

Tech

Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain

The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.

Worldcoin's iris-scanning technology is being questioned by regulators (Danny Nelson/CoinDesk)

Markets

Bitcoin Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral

CoinDesk Indices' Bitcoin Trend Indicator has been indicating a strong uptrend since last fall.

(CoinDesk Indices)

Tech

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone's data oracles, which are used to pass information between blockchains and the outside world.

Ether.Fi CEO Mike Silagadze (CoinDesk, modified using PhotoMosh)