Ethereum News

Ethereum News

Markets

Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline

Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.

Ether's price decline appears to have hit a brick wall. (Pexels/Pixabay)

Tech

How MIT Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M

First came "The Bait." In an indictment, U.S. prosecutors detailed the incredibly complicated Ethereum exploit – in which attackers targeted the controversial area of "maximal extractable value," known as MEV.

(Shutterstock, modified by CoinDesk)

Opinion

What the DOJ’s First MEV Lawsuit Means for Ethereum

In a highly technical overview of an exploit that has since been patched, government prosecutors find that exploiting code is a crime. CoinDesk reached out to several experts in the Ethereum community to get their views on the case.

Department of Justice (Shutterstock)

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Tech

Protocol Village: Cyber, Formerly CyberConnect, Unveils Social-Focused Layer 2 on OP Stack

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Policy

Brothers Accused of $25M Ethereum Exploit as U.S. Reveals Fraud Charges

The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value.

Department of Justice (Shutterstock)

Tech

Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form

The popularity of new blockchain "restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in decentralized finance.

Internal documents obtained by CoinDesk describe the setup of the new project. (Symbiotic)

Opinion

DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism' Is a Real Consumer Product

The Gauntlet founder talks about the state of crypto ahead of Consensus 2024.

Tarun Chitra, chief executive officer of Gauntlet, math lover and DeFi risk expert, talks to CoinDesk ahead of Consensus 2024.

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Tech

EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'

EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program.

Crypto projects are offering "points" to lure in new users. (Sigmund/Unsplash)