Ethereum News

Ethereum News

Finance

SharpLink Gaming Set to Tokenize Its Equity on Ethereum With Superstate

The Ethereum-focused treasury firm is also exploring compliant trading of tokenized shares on decentralized markets as part of its partnership with Superstate.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

CoinDesk Indices

The Web Needs a Better Model

Dominated by platform giants like Amazon and Google, the internet has strayed from Web3’s original vision of decentralization, but innovations like state channels now offer a path back by enabling fast, secure, peer-to-peer interactions without trusted intermediaries, says Alexis Sirkia of Yellow Network.

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Tech

The Protocol: Ethereum Developers Target December for Fusaka Hard Fork

Also: Plasma to Launch Mainnet This Week, New Liquid Staking Token for XRP Holders, and ICP Bets Big on AI Tech Stack.

Ethereum Logo (Midjourney / Modified by CoinDesk)

Markets

Tom Lee’s BitMine Sells Stock at $70 to Raise Additional $365M for ETH Treasury

BitMine disclosed holdings of 2.4 million ETH and raised $365 million in a premium stock sale, highlighting investor demand for ether exposure through public markets.

Ethereum Logo

Finance

Ethereum Developers Set Fusaka Upgrade for December, Ahead of Blob Capacity Boosts

The rollout continues Ethereum’s scaling drive, following March’s Dencun blobs debut and May’s Pectra upgrade.

Blobs posted since Decun upgrade (Dune)

Tech

The Protocol: ETH Exit Queue Gridlocks As Validators Pile Up

Also: DeFi’s Future on Ethereum, EF Creates dAI team, and Amex Blockchain-Based Travel Stamps.

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Finance

Hex Trust Adds Custody and Staking for Lido’s stETH, Expanding Institutional Access to Ethereum Rewards

Integration offers one-click staking and liquidity for institutional investors through Hex Trust’s platform.

Alessio Quaglini, CEO and co-founder of Hex Trust (Hex Trust/Modified by CoinDesk)

Tech

Ethereum Faces Validator Bottleneck With 2.5M ETH Awaiting Exit

The backlog pushed exit wait times to more than 46 days on Monday, the longest in Ethereum’s short staking history, dashboards show. The last peak, in August, put the exit queue at 18 days.

(Unsplash/Modified by CoinDesk)

Tech

Is Ethereum’s DeFi Future on L2s? Liquidity, Innovation Say Perhaps Yes

Ethereum is in the midst of a paradox. Even as ether hit record highs in late August, decentralized finance (DeFi) activity on Ethereum’s layer-1 (L1) looks muted compared to its peak in late 2021. Meanwhile, layer-2 (L2) networks like Arbitrum and Base are booming, with billions in total value locked (TVL).

Chip, computer

Tech

Ethereum Foundation Starts New AI Team to Support Agentic Payments

Research scientist Davide Crapis announced a new EF unit focused on AI payments, coordination and standards like ERC-8004 to ensure decentralized, verifiable infrastructure.

Ethereum Logo (Midjourney / Modified by CoinDesk)