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.

Finance

Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack

The exchange, facing a bank run and needing to process withdrawals, worked to secure a loan and developed new software to access frozen funds.

By Francisco RodriguesFeb 22, 2025

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Markets

Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH

The rise comes amid reports that Bybit has allocated 100 million USDT to a new wallet to buy the cryptocurrency.

By Francisco RodriguesFeb 22, 2025

Bybit lost roughly $1.5 billion in crypto to a theft Friday. (appshunter.io/Unsplash)

Markets

Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder

Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.

By Omkar GodboleFeb 22, 2025

Markets

Arthur Hayes Floats the Idea of Rolling Back Ethereum Network to Negate $1.4B Bybit Hack, Drawing Community Ire

"I would support it because we already voted no on immutability in 2016," Hayes said on X, while Ethereum community strongly criticized it.

By Omkar GodboleFeb 22, 2025

Arthur Hayes, CIO, Maelstrom, pictured at CfC St. Moritz 2025 (CfC St. Moritz)

Tech

Vitalik Buterin Disappointed With Embrace of Blockchain “Casinos”

The comments came during an ask-me-anything session.

By Margaux NijkerkFeb 20, 2025

Markets

DEX SecondSwap Launches Mainnet on Ethereum With Plans for Solana Expansion

Secondary markets for locked tokens refer to platforms or mechanisms where tokens that are under some form of lock-up or vesting schedule.

By Shaurya MalwaFeb 20, 2025

Tech

The Protocol: Story Protocol Launches Its IP-Focused Blockchain

Also: Ethereum developers release “Open Intents Framework,’ Monad & Orderly Join Forces, and Crypto’s Most Influential Investor?

By Margaux NijkerkFeb 19, 2025

Tech

Ethereum Developers Release New Initiative to Simplify Cross-Chain Transactions

Called the Open Intents Framework, the new scheme aims to bring “intents” to all corners of the Ethereum ecosystem.

By Margaux NijkerkFeb 19, 2025

The Open Intents Framework is a new initiative created by Ethereum ecosystem leaders to simplify and standardize cross-chain token transfers. (Akinori UEMURA/Unsplash)

Finance

Brevan Howard Digital Deploys $20M on Ethereum-Based Kinto in Institutional DeFi Push

The investment enables participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.

By Krisztian Sandor, AI BoostFeb 17, 2025

Ramon Recuero, Kinto CEO and co-founder (Kinto)

Tech

Could 'Based Rollups' Solve Ethereum's Layer-2 Problem?

As layer-2 chains continue to proliferate, some Ethereum developers are pushing rollup tech that takes a new approach to interoperability: “based rollups.”

By Margaux NijkerkFeb 12, 2025