Ethereum News

Ethereum (ETH) was launched in 2015 by Vitalik Buterin and a team of co-founders as the world's first programmable blockchain, enabling smart contracts and decentralized applications (dApps) that extend far beyond simple peer-to-peer transactions. After transitioning from proof-of-work to proof-of-stake consensus through "The Merge" in 2022, Ethereum now processes transactions more efficiently while maintaining its position as the foundation for decentralized finance (DeFi) and Web3 innovation.

The Ethereum ecosystem encompasses thousands of decentralized applications, from DeFi protocols like Uniswap and Aave to NFT marketplaces, gaming platforms, and layer-2 scaling solutions like Arbitrum and Polygon. Developers, validators, and users interact within this programmable economy where ETH serves as both a digital currency and the fuel powering smart contract execution through gas fees.

CoinDesk covers all aspects of Etherum, from protocol upgrades and scaling developments to DeFi innovation and regulatory implications. Our reporters track everything from Ethereum's roadmap milestones and staking developments to the broader implications of programmable money and decentralized autonomous organizations.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Tech

Ethereum Unstaking Requests Now Face About a 17-Day Wait

The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.

By Margaux NijkerkApr 18, 2023

Web3

Developers Stay Resilient Through Harsh Crypto Winter, Report Says

According to Alchemy’s Q1 2023 "Developer Report," Ethereum SDK installations reached an average of 1.9 million installs per week, a 47% year-over-year increase.

By Cam ThompsonApr 18, 2023

Markets

Ethereum Shanghai Upgrade Leads to Huge Influx of ETH at Exchanges

Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 led ETH’s price to rally above $2,100, its highest level since May 2022.

By Krisztian SandorApr 17, 2023

Finance

Crypto Investments Report Positive Flows for Fourth Consecutive Week: CoinShares

Bitcoin-related products took the majority share, totalling $104 million of the $114 million inflow total.

By Lyllah LedesmaApr 17, 2023

Videos

Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated

So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.

Apr 17, 2023

Videos

Over 1M Ether Withdrawn After Shanghai Upgrade: Beacon Chain Tracker Data

Beacon Chain tracker data shows ether (ETH) withdrawals crossed 1 million tokens even as prices touched an 11-month high following the successful Shanghai upgrade. Galaxy Digital Vice President of Research Christine Kim discusses the latest developments on the upgrade and reaction from the Ethereum community.

Apr 17, 2023

Opinion

Decentralization Is the Point, and We’re Not Talking Enough About Why

The internet has a habit of producing companies that dominate their industry because of network effects. The answer is the decentralization and openness that only blockchain technology affords, says EY’s Paul Brody.

By Paul BrodyApr 17, 2023

Markets

First Mover Americas: Ether Holds Above $2K

The latest price moves in crypto markets in context for April 17, 2023.

By Lyllah Ledesma, Omkar GodboleApr 17, 2023

Ether, the native token of the Ethereum blockchain, is trading above $2,000.

Consensus Magazine

Scroll Aims to Be the Turtle That Wins the Ethereum Scaling Race

This decentralized, global team of developers is ignoring the urge to be the first to scale Ethereum. For its holistic approach to building broadly and transparently, Scroll is one of CoinDesk’s Projects to Watch 2023.

By Danny Nelson, Sam KesslerApr 17, 2023

Consensus Magazine

StarkNet Aims to Enhance Scalability, Privacy and Security on Ethereum

One of the first projects to integrate the intriguing new mechanism of account abstraction has already gotten Visa on board to secure payments processing for crypto transactions. That’s why StarkNet is a 2023 Project to Watch.

By Margaux NijkerkApr 17, 2023