Ethereum News

Ethereum News

Opinion

Explaining Ethereum's 'Risk Free' Rate of Return

Liquid staking is one of the few crypto markets that has grown in the bear market. Why?

(Sammie Chaffin/Unsplash, modified by CoinDesk)

Tech

‘Ethereum Supreme Court’ Mooted by Blockchain Executive as Alternative to ‘Code Is Law’

A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.

U.S. Supreme Court (Al Drago/Getty Images)

Tech

The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling

This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.

The silver lining from the Friend.tech episode is that it reveals Ethereum's scaling strategy might be working. (Creative Commons)

Tech

Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal

Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit.

Even as ETFs capture attention, Jan van Eck is focused on gas fees. (Creative Commons, modified by CoinDesk.)

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Videos

Ethereum's Daily Transaction Fees Fall to Lowest Single-Day Total Since December

Ethereum's daily transaction fees hit an 8-month low of $2.8M on Sunday, according to data tracked by blockchain analytics firm CryptoQuant. A decline in total fees paid indicates low network usage, but could point to a rise in popularity of Ethereum layer 2 scaling solutions. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

Ethereum's Daily Transaction Fees Drops to 8-Month Low of $2.8M

Ethereum's daily total fees fell to 1,719 ETH ($2.8 million) on Sunday, the lowest single-day total since Dec. 26.

Ethereum: Daily fees paid in ETH (CryptoQuant)

Tech

The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech

The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks.

Chart shows surge in buyers on Base's Friend.tech app after the project announced it had received an investment earlier this year from the crypto-focused venture capital firm Paradigm. (Messari/Dune)

Tech

Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge

Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup” technology – favored by the U.S. crypto exchange Coinbase – but with a different setup known as “ZK rollups,” reliant on "zero-knowledge" cryptography.

OP Labs CEO Karl Floersch. (Optimism)

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Videos

Why Did Ethereum Co-Founder Vitalik Buterin Send $1M Worth of Ether to Coinbase?

Data from Ethereum blockchain scanning website etherscan shows that Vitalik Buterin deposited 600 ether (ETH), which is worth roughly $1 million, to crypto exchange Coinbase. "The Hash" panel discusses the potential reasons behind the Ethereum co-founder's recent transaction.

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