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

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

Scattered pile of $1 bills (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)

Tech

Ethereum's Next Upgrade, 'Pectra,' Could Include Relief for Institutional Stakers, Wallet UX Improvements

Developers' aim with Pectra is to make some minor code changes while simultaneously working on a bigger code change, Verkle trees, for the following upgrade.

Prague

Tech

The Protocol: How to Engineer Harder Money, or Just Make Your Own

Bitcoin's supply growth is set to automatically drop by 50% when next week's "halving" arrives, Ethereum is pondering a cut in ETH issuance, and meme coin issuers are just no-holds-barred spinning up new ones. Blockchain tech is enabling all sorts of monetary strategies.

(Zoe Holling/Unsplash)