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


Markets

ETH Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware

BlackRock declined to comment on the filing mentioning the iShares Ethereum Trust.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Tech

Blockchain Staking Firms Update Best Practices Amid 'Increased Scrutiny'

The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon.

(Pixabay, modified by CoinDesk)

Tech

Protocol Village: Fidelity Acknowledges Risk of Bug in Bitcoin's Code

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.

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

Tech

The Protocol: Kraken Awakens – as Ethereum L2 Candidate

In this week's edition of The Protocol newsletter, we look into how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase's recent launch of a similar network, amidst a broader trend of companies creating Ethereum-based transaction solutions.

(Shubham Dhage/Unsplash)

Markets

Why an Ether Staking Rate Will Increase Crypto Adoption

Ethereum’s integrated staking rate is now part of the investment case for ether. Understanding and measuring it is key to driving innovation and acceptance of ETH-based financial products.

(Joel Filipe/Unsplash)

Finance

Founder of Estonia's LHV Bank Lost Access to $472M of Ether

"It's no secret that I have a wallet with 250,000 Ethereum units," Rain Lõhmus said in an interview with Estonian national radio channel Vikerraadio in late October.

(Beth Macdonald/Unsplash)

Videos

Nil Foundation CEO on New Ethereum Rollup With Zero-Knowledge Proofs, Sharding

Ethereum research and development firm =nil; Foundation says its new Ethereum rollup will be the first ZK rollup that enables sharding. =nil; Foundation CEO and co-founder Misha Komarov discusses what this means for the Ethereum community and the broader blockchain ecosystem.  

The Protocol: The Tech Behind Crypto

Tech

Near Foundation Joins Celestia in Race to Provide 'Data Availability' for Ethereum Rollups

The project's new "NEAR DA" aims to provide an alternate venue that could handle data produced by Ethereum's fast-growing network or auxiliary blockchains or "layer-2 networks."

Illia Polosukhin, Co-Founder, NEAR Protocol (Stephen Lovekin/Shutterstock/CoinDesk)

Tech

New Cryptocurrencies Getting Created at Slowest Pace in 3 Years, CertiK Data Shows

Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new data compiled by the smart-contract auditor CertiK.

The number of new tokens (excluding memecoins) added each quarter to CoinMarketCap fell in the most-recent period to its lowest since at least the first quarter of 2021. (Certik/CoinMarketCap)

Markets

Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary

The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.

Ethereum (Unsplash)