Ethereum News

Ethereum News

Tech

Tether to Stop Minting Stablecoin USDT on Algorand and EOS

The circulating supply of the dollar-linked stablecoin on the two blockchains represents only about 0.1% of the total USDT supply.

Tether cited "usage" and "community interest" as factors in its decision to discontinue support for the USDT stablecoin on the EOS and Algorand blockchains. (Creative Commons)

Markets

Ether Traders Buy $4K Calls In Anticipation of Record High

Call buyers are implicitly bullish on the market.

Trading charts. (Asa E-K/Unsplash)

Tech

Protocol Village: Arcana Announces 'Chain Abstraction Protocol' to Remove 'Complexities of Bridging'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Finance

Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says

Prospective providers of spot ether ETFs in the U.S. removed provision for staking from their applications to avoid potential regulatory roadblocks.

Ophelia Snyder, Co-Founder, 21Shares, at Consensus 2024 by CoinDesk, Austin, USA  (CoinDesk)

Tech

Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard

Funds will be used towards expanding the project's restaking services, including adding support for ERC-20 tokens.

Renzo Founding Contributor Lucas Kozinski (Renzo)

Tech

Protocol Village: Aethir, for Sourcing GPUs, Launches Decentralized Cloud on Ethereum

The latest in blockchain tech upgrades, funding announcements and deals. For June 10 - June 12.

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

Opinion

What ETF Approval Could Mean for Ethereum

The SEC’s recent decision sets Ethereum up for success in numerous new ways, says Ilan Solot, Senior Global Markets Strategist, Marex Solutions.

(Joel Heaps/Unsplash)

Tech

MetaMask Adds 'Pooled Staking' for Cheaper Ethereum Validation

The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.

Joe Lubin, Founder and CEO of Consensys, MetaMask's developer, speaks at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Tech

Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years

The program will tap into funds made available by Polygon’s Community Treasury, and the team shared that roughly 100 million POL tokens will be given out each year.

Polygon co-founder Sandeep Nailwal (Danny Nelson/CoinDesk)