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

Venture-Backed Saddle Finance Proposes Wind-Down, Dissolution

The Ethereum-based crypto trading protocol would shut down and distribute its treasury to investors under the proposed plan.

By Danny NelsonAug 8, 2023

Videos

PayPal's Stablecoin Launch Is a 'Seminal Moment' for the Industry: Paxos Head of Strategy

Global payments giant PayPal is launching its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The Ethereum-based token will be available to PayPal users in the U.S. and is being issued by Paxos Trust Company. Paxos Head of Strategy Walter Hessert discusses the partnership, the use cases of stablecoins, and the state of U.S. regulatory oversight for the crypto sector.

Aug 8, 2023

Videos

PayPal Is Launching Its Own U.S. Dollar-Pegged Stablecoin

PayPal (PYPL) announced the global payments giant is issuing its own U.S. dollar-pegged stablecoin. The Ethereum-based token will soon be available to PayPal U.s. users and is the first time a major financial company is issuing its own stablecoin. "The Hash" panel weighs in on PayPal's latest move into the realm of crypto.

Aug 7, 2023

Finance

Trader Joe Debuts on Ethereum; JOE Jumps 3%

The DEX's Liquidity Pool was already available on Arbitrum, BNB Chain and Avalanche.

By Parikshit MishraAug 4, 2023

Opinion

Crypto and the Real Meaning of 'Radicalism'

The right-wing economics that shaped crypto doesn’t determine its future, argues a new book by Joshua Dávila – aka The Blockchain Socialist.

By David Z. MorrisAug 3, 2023

Tech

Curve Debacle Triggers Transaction Frenzy, Sending Ethereum ‘MEV’ Rewards to Record High

On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.

By Margaux NijkerkJul 31, 2023

Finance

Curve Finance Drained of $50M While CRV Token Sinks 12% in Latest DeFi Exploit

More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum’s DeFi ecosystem.

By Sam Kessler, Danny Nelson, Shaurya MalwaJul 30, 2023

Opinion

Why Ethereum Ditching Mining Isn't as Green as Advertised

Former Ethereum core developer Lane Rettig breaks done why the network's major proof-of-stake upgrade last year isn't inherently less wasteful, cheaper or more secure than blockchain mining.

By Lane RettigJul 28, 2023