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

Finance

Ethereum Smashes Records as DeFi Hype Sends Transactions and Miner Revenue Soaring

Miners may be the real winners from DeFi as a surge in Ethereum activity sees them earn a record $16 million in a day.

By Paddy BakerSep 18, 2020

Tech

Ethereum Gas Fees Drive Gnosis-Powered Prediction Market to xDai's Layer 2

"Ethereum is on the way to becoming a whale chain," said Gnosis co-founder Stefan George. That's why his team's tech is moving to xDai.

By Brady DaleSep 17, 2020

Markets

First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K

This week's Fed meeting ushered in a new regime for U.S. monetary policy, offering a reminder of just how frequently top officials change the rules.

By Bradley Keoun, Paddy Baker, Sebastian SinclairSep 17, 2020

Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday's press conference. (Federal Reserve, modified by CoinDesk)

Tech

The $55M Hack That Almost Brought Ethereum Down

Matthew Leising's new book "Out of the Ether" tells the history of Ethereum and the story behind the hack that almost brought the network to its knees.

By Matthew LeisingSep 17, 2020

Finance

How Normies Are Getting Crypto-Rich With DeFi

DeFi may be a whale's game, but plenty of small players are making life-changing amounts of money with these risky crypto experiments.

By Leigh CuenSep 17, 2020

DeFi's current food craze is providing some crypto fans with major returns. (Mick Haupt/Unsplash)

Tech

Ethereum’s Pending Transactions Jump 30% After Uniswap’s Token Claim Begins

The number of pending transactions has reached over 210,000 after the claim for Uniswap's UNI token starts.

By Wolfie ZhaoSep 17, 2020

Number of pending transactions on Ethereum (Etherscan.io)

Markets

First Mover: Binance's CZ Doesn't Even Dispute That DeFi Might Be Inevitable

Big crypto exchanges like Binance, Huobi and OKEx are rushing out DeFi platforms to cash in on the fast-growing industry and stanch user defections.

By Bradley Keoun, Muyao Shen, Omkar Godbole, Sebastian SinclairSep 16, 2020

Binance CEO Changpeng "CZ" Zhao says the centralized exchange's BNB tokens might benefit from the decentralization trend.

Markets

First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows

The Ethereum blockchain's soaring gas prices don't seem to have deterred customers as DeFi usage grows and tests what the market can bear.

By Bradley KeounSep 11, 2020

DeFi is pushing up usage and fees on Ethereum, and the blockchain network so far is passing the stress test. (Flickr Creative Commons, modified by CoinDesk)

Markets

First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags

SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.

By Bradley Keoun, Omkar Godbole, Sebastian SinclairSep 10, 2020

Markets

Bitcoin News Roundup for Sept. 9, 2020

With bitcoin hovering just above $10,000 and a tokenized form of Ethereum transaction fees in the crosshairs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

By Adam B. LevineSep 9, 2020

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