Ethereum News

Ethereum News

Videos

NBA Top Shot Whale Launches NFT Lending Platform 'Flowty' With $4.5M in Funding

Michael Levy, one of the first large investors in the NBA Top Shot NFT project, has raised $4.5 million in funding to launch a peer-to-peer NFT lending marketplace on the Flow blockchain called Flowty. “The Hash” group discusses the potential of the NFT lending space and the difference between Flow and other base layer chains like Ethereum and Solana. 

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Opinion

‘Built to Fail’? Why TerraUSD’s Growth Is Giving Finance Experts Nightmares

The Terra/Luna blockchain is growing at a blinding pace. At its heart, according to some critics, is a ticking time bomb.

A bank run in progress at New York City's American Union Bank on April 26, 1932. A run on an algorithmic stablecoin would similarly leave some depositors empty-handed. (Wikimedia)

Markets

Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K

Bitcoin analysts are still long-term bullish even as the cryptocurrency gives up gains from the past two days.

A two-day rally of nearly $2,000 in the bitcoin (BTC) price appears to have quickly petered out. (CoinDesk)

Videos

MakerDAO Moves Toward Multi-Chain With StarkNet Bridge

Ethereum-based DeFi lending and stablecoin platform MakerDAO is bridging to an overall network called StarkNet as part of efforts to reduce transaction fees and gradually move toward a multi-chain future. “The Hash” group discusses the significant impact MakerDAO has had in the DeFi space and security concerns that might arise as projects like Maker undergo fast-paced development. 

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Layer 2

Is Ethereum Staking Pool Lido’s Growth an Omen of Centralization?

Lido might be on track to control over 50% of all staked ether on the Beacon Chain. Better it than Coinbase, proponents say.

(Raimond Klavins/Unsplash)

Videos

Australia to List Crypto Spot ETFs; WazirX Founders Leave India

Bitcoin and Ethereum spot ETFs landing in Australia next week. India’s WazirX founders move to Dubai. Memecoin fans hope to head to the moon on “Dogecoin Day.” Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Tech

Ethereum DeFi Staple MakerDAO Adds StarkNet Bridge in First Step Toward Multi-Chain

Rebuilding Maker on StarkNet involves four phases, starting with a simple bridge that goes live on April 28.

A still from a video explaining how MakerDAO works. (Brady Dale/CoinDesk)

Finance

Australia Crypto ETF Market Heats Up With Two More Spot Funds Set to Launch

21Shares and ETF Securities will introduce Australia's first spot exchange-traded products for bitcoin and ether next week.

Sydney harbor. (Dan Freeman/Unsplash)

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Finance

Ethereum Foundation Holds $1.3B in Ether, $300M in Non-Crypto Investments

Ether held by the non-profit represents about 0.3% of the total ether supply as of March 31, 2022.

(Alan Schein Photography/Getty Images)

Videos

Attacker Drains $182M From Beanstalk Stablecoin Protocol

Ethereum-based stablecoin protocol Beanstalk Farms was exploited for $182 million in a flash-loan attack over the weekend, making this the second nine-figure decentralized finance (DeFi) attack in a month.

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