Ethereum News

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.

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.

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.

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.

Ethereum’s Dark Underbelly Shows That Even in Crypto, Trust Matters
Laura Shin’s book “The Cryptopians” drives home the reality that the human element is at least as important as it is in traditional fields.

Moonbirds NFTs Fly on Debut, Clocking $200M in Sales
The project is the first tied to Kevin Rose’s PROOF Collective, a private community of NFT collectors whose membership pass costs at least 99 ETH.

Ethereum Merge Pushed Back: What to Expect
Galaxy Digital’s Christine Kim discusses Ethereum’s highly anticipated merge to proof-of-stake following a statement from core developer Tim Beiko that it will not be delivered in June. Kim explains the complexity of this shift, how it will reduce Ethereum’s energy consumption and the impact it could have on investors and traders.

Ethereum Merge Won’t Happen in June
Ethereum core developer Tim Beiko recently confirmed via Twitter that the protocol's highly anticipated merge to proof-of-stake consensus mechanism will not happen in June and could be pushed back until the fall. “The Hash” group discusses the complexity of Ethereum’s transition away from proof-of-work, with co-host Will Foxley describing it as “swapping airplane engines while you’re in flight.”

Will Banks Adapt to a DeFi Future?
CoinDesk Contributor and Ernst & Young Principal Global Innovation leader Paul Brody discusses the future of the banking industry as decentralized finance (DeFi) continues to grow, drawing on historical comparisons such as how telephone companies adapted to the rise of smartphones and apps. Plus, a conversation about the highly anticipated Ethereum merge to proof-of-stake.


