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.

Tech

Protocol Village: Metis Decentralized Sequencer Onboards Hashkey, EVM Explorer Blockscout Raises $3M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.

By Bradley KeounAug 7, 2024, 1:25 p.m. EDT

Tech

Protocol Village: Radix Launches 'RadQuest,' Eclipse Mainnet Opens to Builders

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.

By Sam Kessler, Bradley KeounJul 31, 2024, 11:01 a.m. EDT

Videos

Ether Slides as Grayscale's ETHE Outflows Ramp Up

Ether was down over 7.5% in the first hours of East Asia's business day, this comes as the market continues to be concerned about outflows from Grayscale's converted Ethereum Trust ETF. Market data from SoSoValue shows that ETHE had a cumulative net outflow of over $810 million in the first two days of trading while most of the other ETH ETFs continued in the green for flows. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Jul 25, 2024, 11:38 a.m. EDT

Finance

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide

The yield offered by restaking is dwarfed by the likes of yield-generating platform Ethena.

By Oliver KnightJul 25, 2024, 11:21 a.m. EDT

Cash in hand burning. (Jp Valery/Unsplash)

Tech

Morpheus, Decentralized AI Project From Lumerin, Goes Live on Arbitrum Test Network

The premise of the technology is to avoid pitfalls of centralized AI models, which might be prone to censorship or monopoly control, according to the developer.

By Bradley KeounJul 25, 2024, 6:00 a.m. EDT

Artistic modification of illustration pulled from Morpheus white paper (Lumerin/Morpheus)

Markets

Ether Down Over 7.5% as ETHE Outflows Ramp Up

Most Ether ETFs were in the green during the Wednesday U.S. trading session, but Grayscale's converted Ethereum Trust ETF posted a net outflow of over $327 million.

By Sam ReynoldsJul 25, 2024, 2:02 a.m. EDT

Tech

Protocol Village: Hemi Labs Announces 'Hemi' as Modular L2 Focused on Interoperability Between Bitcoin, Ethereum

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.

By Bradley KeounJul 24, 2024, 11:19 a.m. EDT

Tech

Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund

As Ethereum's Layer-2 ecosystem booms, Caldera's "Metalayer" aims to help developers quickly launch applications across multiple networks.

By Sam KesslerJul 24, 2024, 9:00 a.m. EDT

Citrea says its zero-knowledge rollup will help expand Bitcoin's ability to accommodate NFTs and DeFi. (Unsplash modified by CoinDesk)

Tech

Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees

One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.

By Bradley KeounJul 23, 2024, 8:00 a.m. EDT

Akimiya founder and CEO Leo Zhang (Alkimiya)

Markets

Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity

Layer-2 adoption has been impressive since the Dencun upgrade in March, with transactions on these blockchains increasing around 20%, the report said.

By Will CannyJul 23, 2024, 6:58 a.m. EDT