Ethereum News

Ethereum News

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Most Crypto Scams on BNB Chain, Solidus Labs Says

Crypto risk monitoring platform says it has flagged nearly 200,000 crypto rug pulls and decentralized finance scams since August 2020.

Binance CEO Changpeng Zhao and Emily Parker, CoinDesk executive director (Shutterstock/CoinDesk)

Tech

Ethereum’s Layer 2 Rollups Reduce Costs, but the Risks Are Underappreciated

Ethereum’s incumbent rollup networks cannot currently claim that they “borrow” Ethereum’s security.

Los rollups no tienen la seguridad de Ethereum. (Luigi Pozzoli/Unsplash)

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NFT Creators Have Made a Total of $1.8B in Royalties: Report

A report from Galaxy Digital shows that Ethereum-based NFT creators have made $1.8 billion worth of royalties to date from marketplaces like OpenSea. Galaxy Digital’s Research Associate Salmaan Qadir breaks down the new report.

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Crypto Hopefuls Seek Value in Memecoins After Vitalik Buterin’s Tweets

"THE," a new class of meme tokens created over the past week after a tweet made by Ethereum co-creator Vitalik Buterin, has seen some $10 million in on-chain trading volume and counts of over 5,000 holders as of Friday afternoon. "The Hash" team discusses the latest in the world of memecoins.

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Tech

Web3 Developers Still Building Despite Crypto Winter

Jason Shah, a product manager at Alchemy, a Web3 development platform, told CoinDesk TV that the pace is actually increasing.

(Guilherme Cunha/Unsplash)

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Web3 Developers More Active Than Ever Despite Crypto Winter: Alchemy

The number of smart contracts deployed on Ethereum has increased by 40% since the end of Q1, despite a 60% price plunge this year, according to Web3 development platform Alchemy. Alchemy Head of Growth Jason Shah shares insights into the report and what it reveals about building in Web3 amid crypto winter.

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"Ethereum Killers" Could Take Decades to Die Away: Paul Brody

Ernst & Young Principal Paul Brody discusses the outlook for Ethereum's challengers and DeFi at large amid an increasing ecosystem dominance of the Ethereum blockchain. "Even after the winner is clearly visible, the losers take a long time to die away ... it could go on for decades," Brody said.

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Ethereum Has a Dominant and Unassailable Position: Paul Brody

"There's always challengers to Ethereum, but the number one challenger keeps changing," says Paul Brody, Ernst & Young Principal & Global Innovation Leader. "None of them seem to be able to cross the threshold of more than...15% market share before at some point imploding." Brody also shares his thesis on the future of Ethereum.

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Impact of Ethereum Merge on Smart Contract Blockchain Competitors

Ernst & Young Principal and Global Innovation Leader and Ethereum "pragmatist" Paul Brody breaks down the key takeaways from his CoinDesk op-ed on the outlook for Ethereum competitors such as Solana, Terra, and Avalanche in the aftermath of the Ethereum Merge. Will the blockchain space not have a multichain future after all?

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