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

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The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 21-26.

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

Markets

Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live

The rally in the MNT token pushed the market cap of the blockchain to over $4 billion.

Messari

Finance

BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M

The fundraising round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management

BOB team (BOB)

Policy

House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum

The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.

Coinbase is getting set to tell a judge why the U.S. Securities and Exchange Commission, under Chair Gary Gensler, has improperly picked a legal fight with the exchange. (Jesse Hamilton/CoinDesk)

Finance

BlackRock Seeing Only 'A Little Bit' of Demand for Ethereum from Clients, Head of Digital Assets Says

Robert Mitchnick, the asset manager's head of digital assets, said that there's a misconception that BlackRock will have a "long tail" of other crypto services.

(Jim Henderson, modified by CoinDesk)

Opinion

What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)

The reported move, if confirmed, could have serious ramifications for the blockchain’s developers. But success for the troubled regulator is far from certain and unanswered questions abound.

(Jesse Hamilton/CoinDesk, modified)

Videos

BlackRock Joins Asset Tokenization Race; North Korea Hackers Stole $3B in Crypto Since 2017

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as BlackRock enters the tokenization race with a new fund on the Ethereum network. Plus, FTX CEO John J. Ray III pushes back against Sam Bankman-Fried’s claims that customers lost “zero” money in the exchange’s collapse. And, a UN Security Council study reveals that North Korea-linked crypto hackers stole $3 billion since 2017.

Recent Videos

Finance

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Skyscrapers in a financial district.

Tech

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