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.

Markets

Ethereum 2.0 Staking Contract Now Holds the Most Ether: $21.3B

“It just shows that staking on Eth 2.0 is incredibly popular,” said Ben Edgington, lead product owner at ConsenSys.

By Lyllah LedesmaAug 19, 2021

There's no shortage of staking on Ethereum 2.0.

Markets

Poly Network Sends Bounty as Attacker Holds $141M Hostage

Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.

By Bradley KeounAug 19, 2021

Markets

Poly Network Attacker Threatens to Delay Return of Funds

"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.

By Bradley KeounAug 18, 2021

Videos

Dogecoin Foundation Returns With Ethereum’s Vitalik Buterin as Adviser

The Dogecoin Foundation, a nonprofit organization that aims to support the development of DOGE, has been re-established with Ethereum co-founder Vitalik Buterin as its “blockchain and crypto adviser.” The foundation is now hoping to secure a three-year budget to hire a small staff to work on dogecoin full-time.

Aug 18, 2021

Tech

Valid Points: Ethereum 2.0 Trends Toward Decentralization

Also: Tomorrow, the first backward-incompatible upgrade for the Beacon Chain will activate on the Pyrmont test network.

By Christine KimAug 18, 2021

Markets

UK Police Recover $22M in Stolen Crypto From Scammers

Police are looking to return the stolen assets to their owners, who are located around the world.

By Tanzeel AkhtarAug 17, 2021

Videos

TikTok Picks Blockchain-Based Streaming Service Audius to Power New ‘Sounds’ Library

Audius, a music streaming platform based on the Ethereum and Solana blockchains, is partnering with TikTok on the video-sharing app’s new “Sounds” library. "The Hash" squad discusses how the partnership, the first of its kind for TikTok, could help artists on Audius increase their exposure to users and discover crypto more broadly. Will the worlds of decentralized services and Big Tech continue to collide?

Aug 17, 2021

Markets

Poly Network Hack Not Over as Attacker Prolongs Return of Funds

The attacker now says they are considering accepting the $500,000 bounty offered by Poly Network as a reward for returning the funds, and using it to pay anyone else who can hack the DeFi site.

By Nelson WangAug 16, 2021