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.

Opinion

Who Will Mine Ethereum After It's Gone?

Rumors of a continued proof-of-work version of Ethereum should be viewed with extreme caution. But by god, it’s fascinating.

By David Z. MorrisAug 3, 2022

(Matt Popovich/Unsplash, modified by CoinDesk)

Videos

Nomad’s US$200 Mln Hack; Saylor Steps Down

Over 300 perpetrators suspected in Nomad cross-chain bridge hack. BItcoin and Ethereum fall after stock market jitters over Pelosi visit. MicroStrategy CEO Michael Saylor moves to chairman role to focus on Bitcoin. Crypto tax service launches in India.

Aug 3, 2022

Videos

New Senate Proposal Could Give CFTC Crypto Oversight

The U.S. Senate Committee On Agriculture, Nutrition & Forestry is set to introduce a bill Wednesday allowing the Commodity Futures Trading Commission (CFTC) “exclusive jurisdiction” over digital commodities. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and what to expect.

Aug 3, 2022

Videos

Magic Eden COO on Ethereum Expansion, NFT Ecosystem Outlook

NFT marketplace Magic Eden is going multi-chain, integrating Ethereum-based NFTs into its previously Solana-only platform. Magic Eden’s COO and co-founder Zhuoxun Yin shares insights into the “exciting acceleration” in extending Magic Eden’s presence within the NFT and Web3 communities to “deliver the most full-featured multi-chain experience for creators and collectors.”

Aug 3, 2022

Finance

B2B Payments Startup Paystand Acquires Mexican Peer Yaydoo

While the companies will operate independently, there is hope for cross-selling opportunities.

By Andrés EnglerAug 3, 2022

Tech

Goerli Is Coming: Ethereum’s Last Rehearsal Before the Merge

The Prater upgrade, the first component of the upcoming Goerli testnet merge, is happening this week.

By Margaux Nijkerk, Sage D. YoungAug 3, 2022

Finance

Bank of America Says Blockchains Have Intrinsic Value, Citing Transaction Fees

The bank's report, however, noted that the fees on the Bitcoin and Ethereum chains have fallen this year.

By Will CannyAug 3, 2022

Blockchain transaction fees are a sign that blockchains have intrinsic value, a Bank of America report said. (Károly Meyer/Pixabay)

Finance

Hackers Return $9M to Nomad Bridge After $190M Exploit

The popular Ethereum to Moonbeam bridge is working with law enforcement and data analytics firms.

By Oliver KnightAug 3, 2022

Tech

Ethereum Developers Address Potential Glitch Ahead of the Merge

The chance of an MEV-Boost failure is slim, but contingencies should ensure that the Merge still happens smoothly.

By Margaux NijkerkAug 2, 2022

Videos

NFT Marketplace Magic Eden Announces Ethereum Expansion

Solana-based non-fungible token (NFT) marketplace Magic Eden is integrating Ethereum NFTs, taking another swing at OpenSea and embracing Ethereum’s top heavy NFT ecosystem. "The Hash" hosts discuss the latest in the NFT marketplace rivalry.

Aug 2, 2022