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Ethereum is powering Wall Street's future. The crypto scene at Cannes shows how far it's come

watch now CANNES — Wall Street's new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas and red carpet venues that host the Cannes Film Festival in May. The Ethereum Community Conference, or EthCC, took over the beachside town that was swarming with crypto founders, developers, and some of the institutional giants now building atop the infrastructure. The crypto elite climbed the iconic red-carpeted steps of the Palais des Festivals — a cin

Ether and related stocks gain amid the latest crypto craze: Tokenization

A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken on June 16, 2023. Stocks tied to the price of ether , better known as ETH, were higher on Wednesday, reflecting renewed enthusiasm for the crypto asset amid a surge of interest in stablecoins and tokenization. BitMine Immersion Technologies , a bitcoin miner that announced plans this week to make ETH its primary treasury reserve asset, jumped about 20%. It's gained more than 1,000% since the an