Ethereum News

Ethereum News

Tech

Ethereum Developers Lock In Fusaka Upgrade for Dec. 3 With PeerDAS Rollout

The move kicks off the countdown to Ethereum’s second hard fork of 2025.

(Unsplash/Modified by CoinDesk)

Finance

Securitize Rolls Out Tokenized Credit Fund with BNY on Ethereum

The fund offers exposure to collateralized loan obligations, with onchain capital allocator Grove planning a $100 million anchor investment.

Securitize CEO Carlos Domingo (Securitize)

Finance

MegaETH Raises $450M in Oversubscribed Token Sale Backed by Ethereum Founders

The high-speed Ethereum layer-2 drew nearly nine times its target as over 14,000 investors rushed in.

Cars speed round a racing track.

Tech

The Protocol: ETH’s Fusaka Upgrade Goes Live on Hoodi, Mainnet Next

Also: BOB Unveils BTC Vault Liquidation Engine, Ledger’s Major Overhaul and Google Weighs In on Quantum Computing.

fork, knife

Markets

Ether Holds Above $4,000, Arkham Says Tom Lee's 'BitMine Is Buying the Dip'

Repeated defenses of $4,000 and heavier trading marked the session, with price finishing near $4,023 after a quick pullback from about $4,102.

Ethereum Logo (Midjourney / Modified by CoinDesk)

Tech

Ethereum’s Fusaka Upgrade Completes Final Hoodi Test Ahead of Mainnet Launch

With all three tests done, developers will finalize the date that Fusaka will go live on mainnet, tentatively aiming for December 3.

The forthcoming Ethereum upgrade, Fusaka, is partly named after Osaka, a city in Japan (Wikipedia)

Markets

Bitmine’s Tom Lee Sees Crypto Rally Into Year-End, Says S&P 500 Could Climb Another 10%

On CNBC, Tom Lee said Fed cuts and fading skepticism could lift U.S. stocks into year-end and that crypto may rebound as open interest resets and technicals improve.

Abstract green wireframe bull charging forward on a striped background. (CoinDesk)

News Analysis

Crypto’s ‘Decentralized’ Illusion Shattered Again by Another AWS Meltdown

The October AWS outage took down some of crypto’s most prominent companies and networks. Many in the community pointed out their lack of decentralization.

A plug disconnected from its electricity socket.

Finance

Joe Lubin's Sharplink Gaming Resumes ETH Purchases, Bringing Holdings Over $3.5B

The Nasdaq-listed firm made its first ether purchase since August as the crypto correction weighs on digital asset treasuries.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Tech

Monad’s Fast EVM Chain Promises ‘Night and Day’ Performance Gains

CoinDesk sat down with Monad Foundation’s Director of Growth Kevin McCordic to talk about the architecture behind the blockchain.

Monad Labs is looking to provide faster EVM processing than Ethereum. (Julian Hochgesang/Unsplash)