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

‘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.

By David Z. MorrisApr 22, 2022

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.

By Angelique ChenApr 20, 2022

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.

Apr 20, 2022

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.

By Sam Kessler, Sage D. YoungApr 20, 2022

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.”

Apr 20, 2022

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.

By Ian AllisonApr 20, 2022

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.

By Oliver KnightApr 20, 2022

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.

By Shaurya MalwaApr 19, 2022

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.

Apr 18, 2022

Opinion