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


Consensus Magazine

Zug: Where Ethereum Was Born and Crypto Goes to Grow Up

What is not to like about the tiny Swiss city where Vitalik Buterin and his cofounders launched Ethereum? The No. 1 spot on CoinDesk’s Crypto Hubs 2023 ranking has it all: regulatory clarity, crypto-friendly banks and a lively crypto job market and events calendar.

Ethereum Co-Founder Vitalik Buterin at Techcrunch London 2015

Markets

Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry

BTC has gained at least 20% in July in each of the past three years. Depending on its price heading into the expiry, bitcoin could rally additionally or retreat.

Bitcoin weekly chart (CoinDesk Indices)

Tech

Uniswap's Hayden Adams: Q&A on Weathering the Regulatory Storm, What’s Next for DeFi

After the recent release of a proposal for a new "v4" version of the decentralized exchange Uniswap, CoinDesk's Sam Kessler chats with Uniswap Labs CEO Hayden Adams about the case that DeFi is “here to stay” and his position that the U.S. “lags behind” on crypto regulation.

Hayden Adams, CEO of Uniswap Labs. (LinkedIn)

Videos

Casa CEO on Ethereum Expansion, Future of Crypto Self-Custody

Casa, a popular crypto self-custody firm historically focused on the Bitcoin blockchain, added support for Ethereum this week. This comes as the recent crypto crash has pushed many users away from centralized exchanges and called for the importance of securing and owning your crypto. Casa CEO Nick Neuman shares insights into the rollout and the case for self-custody.

CoinDesk placeholder image

Tech

‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World

Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon.

Eli Ben-Sasson, Co-founder and CEO of StarkWare (StarkWare)

Tech

Bitcoin Custody Firm Casa Rolls out Ethereum Support

Other Ethereum-related assets such as NFTs, ERC-20 tokens and stablecoins are also being considered for future rollouts.

Casa CEO Nick Neuman speaking at Consensus 2023. (CoinDesk)

Markets

Ethereum Layer 2 Network zkSync Era's Locked Value Surpasses $500M

The total value locked has increased by 12% in one week, according to data source L2Beat.

zkSync Era's TVL hits new record high above $500 million (L2Beat)

Tech

EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M

Notable depositor into EigenLayer’s pools includes one address that deployed the U.S.-sanctioned Tornado Cash money mixing tool.

Full fuel gauge icon (M-A-U/Getty)

Finance

DeFi Platform EigenLayer Rolls Out Restaking Protocol on Ethereum Mainnet

EigenLayer's developers raised $64.5 million in a series of investment rounds.

(Mohan Murugesan/Unsplash)

Learn

Why William Hinman`s Emails Matter to the XRP Army and the Crypto’s Price

Recently released emails from former SEC director William Hinman have rallied the XRP troops, but the documents are not a smoking gun.

(Ripple Labs)