Crypto payments will once again “make sense” with layer-2 scaling
Ethereum layer 2 is a concept that, in my opinion, been somewhat forgotten, and one of the main reasons it...
Ethereum (ETH)
Ethereum News
Latest news, breaking stories about Ethereum price, trends, forecasts, history and vital information.
What is Ethereum?
Ethereum is a decentralized, open-source blockchain that allows users to create smart contracts. The platform’s native cryptocurrency is Ether (ETH or Ξ). Ether is the second most valuable cryptocurrency after Bitcoin in terms of market capitalization.
Vitalik Buterin, a programmer, created Ethereum in 2013. The network became live on July 30, 2015, after development work began in 2014 and was crowdfunded. Anyone may utilize the platform to create permanent and irreversible decentralized applications with which users can engage.
Decentralized finance (DeFi) apps allow cryptocurrency users to borrow against their holdings or lend them out for interest without the need for traditional financial intermediaries like brokerages, exchanges, or banks.
NFTs, which are non-interchangeable tokens linked to digital works of art or other real-world goods and sold as unique digital property, may also be created and exchanged on Ethereum. In addition, numerous additional cryptocurrencies run on the Ethereum blockchain as ERC-20 tokens and have used the platform for initial coin offerings.
As “The Merge” approaches, ETH whales and investors are buying the dip
Ethereum has just entered the tenth week of consecutive price drops, as red blankets the entire cryptocurrency market. Despite the...
1 Million Unique NFT Buyers – Major Milestone for Ethereum
On Sunday, Ethereum network, the second-largest blockchain, officially surpassed 1 million unique NFT buyers, seven years after the first NFT...
The Ethereum Hashrate Has Reached a New All-Time High
The Ethereum hashrate achieves an all-time high of 1.11 PH/s (1.11 quadrillion hashes per second), which is significant. On January...
Nigeria’s eNaira digital currency will be launched on Monday
The debut date had been slated for the beginning of October. According to Bloomberg, the Central Bank of Nigeria (CBN)...
L2 scaling is still critical to DeFi’s future, even with Ethereum 2.0 in the works
Ethereum 2.0 has the capacity to realize the true goal of DeFi by including scaling solutions such as rollups and...
Terra’s Do Kwon Was Served by SEC, New Lawsuit Shows
Terraform Labs CEO Do Kwon is suing the U.S. Securities and Exchange Commission (SEC). The builder of decentralized finance (DeFi)...
NFT studio Mojito completes $20M seed round with help from Sotheby’s
Mojito previously helped develop Sotheby’s new digital NFT marketplace platform, Metaverse. Mojito previously helped develop Sotheby’s new digital NFT marketplace...
After ‘Stealing’ $16M, This Teen Hacker Seems Intent on Testing ‘Code Is Law’ in the Courts
Some $16 million in cryptocurrency was pilfered in an exploit of a decentralized finance (DeFi) protocol last week, and the...
Trump Banking Regulator Determined Banks Should Be Allowed to Trade Crypto: Report
A U.S. banking regulator during the Donald Trump administration took the position that banks could legally trade cryptocurrencies for their...
NFT Tied to Rare Whiskey Cask Auctions for $2.3M
A non-fungible barrel of 1991 Macallans scotch set whiskey auction records Friday, nabbing $2.3 million on NFT marketplace Metacask. The...
Market Wrap: Bitcoin Retreats From All-Time High; Ether Outperforms
Bitcoin’s price continued to decline on Friday, ending the week down about 2% compared to a 1.7% gain in the...
Reddit may be preparing to launch its own NFT platform
Other social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to...
Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis
Ernesto, a gastronomic entrepreneur in Cumaná, a coastal Venezuelan city facing the Caribbean Sea, initially thought that Venezuela’s new digital...
Reddit Readying an NFT Platform
Add Reddit to the list of big brands entering the non-fungible token (NFT) market. The social media site intends to...
Balaji Srinivasan: Bitcoin and the Search for Truth
We think it’s fitting that this, the 50th episode of “Money Reimagined,” is being published inside an historic week for...
Why the Bitcoin and Crypto Communities Are So Skeptical of WorldCoin
This episode is sponsored by NYDIG. Download this episode Today’s episode is nominally about WorldCoin. The project launched this week with...
Gensler for a Day: How Rohan Grey Would Regulate Stablecoins
On paper, the concept of a “stablecoin” is relatively simple. Cryptocurrencies are notoriously volatile, and traders like being able to...
Rep. Tom Emmer Wants Stablecoins Over CBDCs – Interview
There’s nothing that screams techno-optimist about U.S. Rep. Tom Emmer, the four-term Republican member of Congress from Minnesota. The 60-year-old...
Polygon pays $2M bounty on bug which could have compromised $850M in user funds
The white hat hacker speculated that the bug might have been created from "using someone else’s code and not having...
The US Needs a Dedicated Crypto Regulator
The crypto regulatory situation in the U.S. is sad. Not because the Securities and Exchange Commission or Department of the...
Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners
COIN360, one of the world’s most popular cryptocurrency market data aggregators — known for its iconic heatmap — will launch...
Why a Bitcoin Futures ETF Is Bad for Investors
The Securities and Exchange Commission (SEC) greenlighting a futures-based exchange-traded fund for bitcoin has been a boon to holders of...
Paxos Standard
USDP is the native cryptocurrency of Paxos, a stablecoin that uses the Ethereum blockchain and is issued by the Paxos...
Is ‘DeFi Regulation’ an Oxymoron?
We’re nearing the end of “Policy Week” here at CoinDesk, which I’ve spent focused on the particularly thorny issues of...
Why US Policymakers Should Embrace Web 3
In 1997, the Clinton Administration published the groundbreaking “Framework for Global Electronic Commerce,” which set forth five key principles: Governments...
Crypto platform Rally commits $12M to third-party developers
The ecosystem is gaining momentum as demand for nonfungible tokens and blockchain-based social communities continue to grow. The ecosystem is...
