Ethereum News

Ethereum News

Tech

The Protocol: Bitcoin's OP_CAT, Fake Ethereum Tokens, Starknet's Airdrop

CoinDesk's Jamie Crawley takes a look at the suddenly-high-profile proposal to revive Bitcoin's historic "OP_CAT" function as a way of enabling more development on the oldest blockchain. PLUS: the unofficial "ERC-404" tokens driving up fees on Ethereum and highlights from our Protocol Village column over the past week.

(Alexander Sinn/Unsplash)

Tech

Protocol Village: Sommelier Expands to Ethereum Layer-2s Via Axelar, Starting With Arbitrum

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 8-14.

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

Finance

EigenLayer's Cap Lift Prompts $4B Inflow as ETH Restaking Heats Up

Capital locked on restaking protocols is now at $10 billion, in December it was just $350 million.

Eigenlayer TVL (DefiLlama)

Tech

Starknet Blockchain Plans Much-Awaited Airdrop of New STRK Tokens Next Week

The airdrop will happen on Feb. 20, and eligible users have until June 20 to claim their tokens

Eli Ben-Sasson, Co-founder and CEO of StarkWare (StarkWare)

Tech

Ethereum Developers Create 'DN-404' Tokens After ERC-404s Send Network Fees Surging

The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it's already driven up congestion on the Ethereum blockchain.

(Unsplash)

Markets

Ethereum Validator Entry Queue Signals Renewed Interest in Staking

The validator entry queue has jumped to 7,045, the highest since Oct. 6, according to data source ValidatorQueue.

Staking (Shutterstock)

Opinion

Ethereum Has Gatekeepers (for Good Reason)

A new, non-standard token standard called ERC-404 circumvented the usual governance process and is capitalizing on a term with an actual definition.

gate door cave catacomb prison jail (Thomas Vogel/unsplash)

Tech

What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week

ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.

Treasure chest (Ashin K Suresh/Unsplash, modified by CoinDesk)