CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Meet ‘Dencun.’ Ethereum Developers Are Already Planning Next Hard Fork

The next major upgrade for the blockchain will include “proto-danksharding,” though developers are still deciding what else to include in the hard fork.

By Margaux Nijkerk

May 11, 2023 at 5:59 p.m. UTC

May 11, 2023

EthereumUpgradeShardingBlockchainhard forkhard-forksEIPDencun

CDCROP: Traders work on the floor of the New York Stock Exchange (NYSE) (Spencer Platt/Getty Images)

Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen

The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals.

By Sage D. Young

May 10, 2023 at 9:09 p.m. UTC

May 10, 2023

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Aragon Scraps Planned Community Control of $200M Treasury Amid Battle With Activist Investors

The Aragon Association on Tuesday canceled its plans for holders of its ANT token to wield broad voting powers over everything from strategic direction to a 200 million treasury dealing a major blow to the DAO focused Ethereum startup’s transition to a decentralized autonomous organization Coin Desk's Managing Editor for Data and Tokens Danny Nelson [...]

By CoinDesk Inc

May 10, 2023 at 5:04 p.m. UTC

May 10, 2023

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Ethereum

EY Unveils Ethereum-Based Carbon Emission Tracking Platform

EY the professional services giant has started an Ethereum based platform for enterprises to track their carbon emissions and carbon credit traceability The Hash panel discusses the latest developments as EY Global Blockchain Leader Paul Brody said in a statement detailed traceability allows for tracking of emissions inventory through tokenization including the ability to link [...]

By CoinDesk Inc

May 10, 2023 at 5:04 p.m. UTC

May 10, 2023

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Finance

EY Launches Ethereum-Based Carbon Emission Tracking Platform

The EY OpsChain ESG made the announcement at the firm’s Global Blockchain Summit in London.

By Ian Allison

May 10, 2023 at 12:00 p.m. UTC

May 10, 2023

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Technology

Coinbase

Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo

According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”

By Sage D. Young

May 9, 2023 at 7:56 p.m. UTC

May 9, 2023

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Technology

Pepe

PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain

As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain.

By Margaux Nijkerk

May 8, 2023 at 5:24 p.m. UTC

May 8, 2023

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Technology

Privacy

Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool

Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun DAO.

By Bradley Keoun

May 8, 2023 at 1:58 p.m. UTC

May 8, 2023

PrivacyEthereumDigital Currency GroupPolygonBinance Smart ChainArbitrumTornado CashAnti-Money LaunderingSanctions

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Bitcoin

Bitcoin’s Activity Pushes Average Transaction Fee to Nearly 2-Year High

A spike in transactions on the Bitcoin blockchain involving Ethereum style tokens and non fungible token NFT like inscriptions has driven up congestion on the network pushing the average fee rate to the highest in nearly two years while showering miners of the cryptocurrency with extra revenue The Hash panel discusses the milestone and its [...]

By CoinDesk Inc

May 5, 2023 at 5:03 p.m. UTC

May 5, 2023

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