Ethereum News

Ethereum News

Finance

Tom Lee's Bitmine now $8 billion underwater as ether tumbles below $2,000

Despite its mounting losses and plunging share price, the ether treasury firm says it's under no pressure to sell its holdings.

Tom Lee

Videos

Bitcoin crashes below $70K, what's next?

Bitcoin has tumbled below $70,000, pushing market sentiment into "extreme fear." But the pain might not be over: Stifel analysts are predicting a potential crash all the way to $38,000, citing a "Benjamin Button" reversal in Bitcoin's relationship with the dollar. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Bitcoin crashes below $70K, what's next?

Tech

Ethereum's ENS identity system scraps planned rollup amid Vitalik's warning about layer-2 networks

Instead of launching its own rollup, ENS will now deploy its long-awaited ENSv2 upgrade exclusively on the Ethereum mainnet, citing dramatically lower gas costs and a broader change in Ethereum’s scaling philosophy.

Ethereum Name Service founder Nick Johnson (ENS)

Finance

Ether treasury ETHZilla pivots to real estate tokenization with a $4.7 million housing loan deal

ETHZilla’s shift toward tokenization comes after a sharp downturn in its core crypto holdings.

Stylized Ethereum logo

Finance

From 'Ethereum’s sidekick' to standalone stars: How Vitalik Buterin’s latest pivot is forcing Layer 2s to grow up

Leaders across the layer-2 space don't see this moment as an existential threat, but rather that Ethereum’s progress is forcing them to clarify their purpose.

Vitalik Buterin on stage at RadicalXchange 2019. (Christine Kim/CoinDesk)

Tech

The Protocol: Vitalik Buterin’s stark warning on layer-2 roadmap

Also: Open-source alternative for bitcoin miners, EF’s quantum-computing team and a new lending protocol for XRP

Vitalik Buterin

Finance

'You are not scaling Ethereum': Vitalik Buterin issues a blunt reality check to the biggest crypto networks

The roadmap in place doesn't make as much sense because progress among layer-2s toward later stages of decentralization has been slower and more difficult, and Ethereum itself is now scaling directly on layer-1.

Vitalik Buterin (CoinDesk)

Finance

MetaMask integrates Ondo to offer 200+ tokenized U.S. stocks inside crypto wallet

The launch marks one of the first times tokenized U.S. equities and ETFs have been made natively available through a major self-custodial wallet.

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

Finance

Ethereum builders shrug off ETH decline as network activity holds steady

By several measures, activity on the network remains near peak levels, which has industry leaders plussed about the plunge in ether's price.

Ethereum Logo (Midjourney / Modified by CoinDesk)

Markets

Germans can now buy bitcoin, ether, solana products directly from their ING accounts

These crypto products receive the same German tax treatment as directly held bitcoin.

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