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

Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum

The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility.

By Lyllah LedesmaJul 17, 2023

Celo’s “salon,” a community space mainly focused on DAO discussions, NFTs and ReFi. (Lyllah Ledesma)

Tech

Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live

This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.

By Camomile ShumbaJul 17, 2023

Chainlink CEO Sergey Nazarov (Chainlink Labs)

Tech

A New Uniswap Feature Aims to Eliminate DeFi Pain Points

UniswapX claims to offer better prices by aggregating liquidity sources, with gas-free swaps and protection against "maximal extractable value" or MEV.

By Sam ReynoldsJul 17, 2023

Tech

Nil Foundation and Semiconductor Startup Partner to Collaborate on ZK Proofs Software, Hardware

The effort will accelerate the deployment of zero-knowledge proofs, one of the hottest trends in blockchain technology, they said.

By Eliza GkritsiJul 17, 2023

Web3

Unstoppable Adds Support for ENS Domains

The domain provider will also offer auto renewal for the .eth domains as well as the ability to use fiat payment methods like credit cards.

By Cam ThompsonJul 17, 2023

Unstoppable adds support for ENS Domains (Unstoppable Domains)

Markets

Ether Pushes Past $2K as Ripple's Partial Win Against SEC Invigorates Market

Several layer-1 tokens soared after the Ripple ruling ignited hopes of a favorable ruling in other SEC cases against crypto firms.

By Sam ReynoldsJul 14, 2023

Tech

Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum 'Universal Settlement Layer'

With funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid rollup that combines an Optmistic rollup and Zero-Knowledge rollup into one.

By Jamie CrawleyJul 13, 2023

Markets

Ethereum Tops New Crypto ESG Ranking, Bitcoin Slammed for Heavy Energy Usage

Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects.

By Krisztian SandorJul 13, 2023

Top ranking digital assets in the ESG ranking (CCData)

Tech

What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?

Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative to Ethereum’s own proposed solution, seen as years away.

By Margaux NijkerkJul 12, 2023