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

‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World

Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon.

By Margaux NijkerkJun 21, 2023

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

Tech

Bitcoin Custody Firm Casa Rolls out Ethereum Support

Other Ethereum-related assets such as NFTs, ERC-20 tokens and stablecoins are also being considered for future rollouts.

By Frederick MunawaJun 21, 2023

Casa CEO Nick Neuman speaking at Consensus 2023. (CoinDesk)

Markets

Ethereum Layer 2 Network zkSync Era's Locked Value Surpasses $500M

The total value locked has increased by 12% in one week, according to data source L2Beat.

By Omkar GodboleJun 19, 2023

zkSync Era's TVL hits new record high above $500 million (L2Beat)

Tech

EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M

Notable depositor into EigenLayer’s pools includes one address that deployed the U.S.-sanctioned Tornado Cash money mixing tool.

By Sage D. YoungJun 15, 2023

Finance

DeFi Platform EigenLayer Rolls Out Restaking Protocol on Ethereum Mainnet

EigenLayer's developers raised $64.5 million in a series of investment rounds.

By Oliver KnightJun 14, 2023

Learn

Why William Hinman`s Emails Matter to the XRP Army and the Crypto’s Price

Recently released emails from former SEC director William Hinman have rallied the XRP troops, but the documents are not a smoking gun.

By David Z. MorrisJun 14, 2023

Tech

The Graph Migrates its Settlement Layer to Arbitrum from Ethereum

The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.

By Sage D. YoungJun 14, 2023

Tech

Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift

Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem.

By Matt Kunke, Brian RudickJun 14, 2023

Tech

‘Distributed Validator Technology’ Marks Last Key Milestone in Ethereum’s Current Era

The technology known as DVT involves splitting a validator's private key across several node operators. The goal is to increase the network's resilience – while also protect the individual validators – by reducing single points of failure.

By Sage D. YoungJun 14, 2023