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.

Layer 2

What’s in Your Bear Market Backpack?

From existential dread to blissful ignorance — reactions to Ethereum’s market slump vary across the board

By Sam Kessler, Margaux Nijkerk, Sage D. YoungJul 13, 2022

Markets

Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet

The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.

By Krisztian SandorJul 12, 2022

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)

Tech

Arbitrum’s New Chain Arbitrum Nova Is Open to Developers

Nova is intended to be used for social applications and gaming, while the Arbitrum mainnet will continue to be available for NFT and DeFi projects.

By Margaux NijkerkJul 12, 2022

The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)

Markets

Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave

The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.

By Krisztian SandorJul 12, 2022

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 (CoinDesk)

Finance

SSV DAO to Distribute $10M in Grants for Staking Projects Ahead of Ethereum Merge

The organization will distribute grants in USDC, ETH and SSV tokens.

By Elizabeth NapolitanoJul 12, 2022

Learn

What Is the Ethereum Name Service? How ENS Works and What It’s Used For

The Ethereum Name Service (ENS) takes inspiration from a technological challenge first contended with when the U.S. military was developing the building blocks of the internet.

By Stephan RothJul 11, 2022

Tech

Aave Proposes Decentralized, Yield-Generating Stablecoin GHO

The U.S. dollar-pegged algorithmic stablecoin will be minted by users and generate interest yields.

By Shaurya MalwaJul 8, 2022

Markets

Why Ethereum Name Service Is Seeing a Spike in Domain Registrations

The registrations came on the back of a record-breaking ENS sale, a research firm pointed out.

By Shaurya MalwaJul 8, 2022

ENS domain registrations spiked this week. (Dan Gold/Unsplash)

Videos

Is MakerDAO Becoming ‘a Company Run by Politics’?

“The Hash” hosts unpack the specifics and industry implications of the recent “governance drama,” division and lobbying that gripped Ethereum’s pioneering decentralized money layer, MakerDAO.

Jul 7, 2022