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


Videos

What Does State Inquiry Mean for Ethereum?

The Ethereum Foundation – the Swiss non-profit organization at the heart of the Ethereum ecosystem – is facing questions from an unnamed "state authority" according to the group's website's GitHub repository. CoinDesk's Sam Kessler breaks down the latest update, as well as a report from Fortune that names the "state authority," as the SEC. Fortune's report also says the agency is seeking to classify ETH as a security. Watch.

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Opinion

Why the SEC Shouldn’t Classify ETH as a Security

Reports suggest the agency may be about to categorize ETH as a security, with huge implications for the blockchain’s future. Here’s why the SEC would be wrong.

(TechCrunch/Wikimeda Commons, modified by CoinDesk)

Tech

The Protocol: Bitcoin Halving in 3 Weeks, Solana's Yakovenko on Meme Coins

There's no slowdown in blockchain news, with Ethereum's Dencun upgrade in the rear view mirror and Bitcoin's halving now just over three weeks away. We spoke with Solana's Anatoly Yakovenko about the meme coin frenzy stressing the suddenly-active blockchain.

(Jairph/Unsplash)

Finance

NBA All-Star Tyrese Haliburton Talks Ethereum and Potentially Receiving Salary in Crypto

Haliburton and slam-dunk champion Mac McClung both performed at the NBA All-Star event earlier this month.

Tyrese Haliburton (Coinbase Moonshot)

Videos

Solana Passes Ethereum on DEX Volume

Solana has replaced Ethereum as the No. 1 smart-contract blockchain as trading volume in Solana-based decentralized exchanges (DEX) has increased 67% to $21.3 billion in seven days, according to data tracked by DeFiLlama. Could the increase in volume be catalyzed by the hype around Solana-based meme coins? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

CoinDesk placeholder image

Tech

Solana Strained by Meme Coin Mania, But Co-Founder Yakovenko Welcomes the Test

In an exclusive interview with CoinDesk, Solana co-founder Anatoly Yakovenko weighs in on the meme coin frenzy that has brought attention and activity to the blockchain – along with complaints that transactions aren't going through.

Solana co-founder Anatoly Yakovenko (CoinDesk, modified with PhotoMosh)

Tech

Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature

The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter, released Wednesday.

StarkWare CEO Eli Ben-Sasson, speaking at ETHDenver on Thursday. (Danny Nelson)

Markets

Solana Leapfrogs Ethereum on DEX Volume

The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.

Top blockchains by DEX volume. (DefiLlama)

Markets

Citi and Brazilian Development Bank Join Hyperledger Foundation

The Foundation has also launched a collaborative working group for traditional financial institutions to work atop of the company’s Besu Ethereum client.

Citibank logo

Finance

Ether.Fi's Token Falls 20% After Debut

55.76% of ETHFI's supply has been allocated to core contributors and investors.

Pyth issues token airdrop (ian dooley/Unsplash)