2024 has everything to be the biggest year in the history of the Ethereum blockchain. In addition to the possible approval of an Ether spot exchange-traded fund (ETF) in the United States, this year will also mark the network’s first bull cycle since the Merge in 2022. This update makes ETH deflationary during periods of high network use….

Venture funding for crypto-related companies totaled $1.9 billion in the fourth quarter of 2023 — a 2.5% increase from the third quarter — according to a report from PitchBook. It marks the first time venture capital (VC) investments in crypto startups have risen since March 2022. PitchBook highlighted that the major crypto ventures securing funding primarily center…

February has been great for Bitcoin — there’s no denying it. Even the most cautious, poker-faced of investors would have found it hard to contain their excitement as BTC stormed past the $50,000 milestone. So optimistic was the sentiment that prices barely even flinched at the January CPI report — a 2% drop is nothing in…

Worldcoin (WLD) token — a crypto project co-founded by OpenAI CEO Sam Altman has surged more than 140% over the last week, as its daily users ticked over the 1 million mark. In a Feb. 18 post to X, Worldcoin announced that its crypto wallet application, dubbed “World App,” had notched more than 1 million…

European Central Bank (ECB) executive board member Piero Cipollone spoke before the European Parliament Committee on Economic and Monetary Affairs about preparations for the issuance of a digital euro. He addressed four issues the central bank was facing, and how the ECB would guarantee the public’s ability to use a free common means of payment….

Role of a validator in blockchain Validators are responsible for adding new blocks and verifying transactions in proposed blocks, thus playing a vital role in the functioning of the blockchain. A validator is crucial in validating transactions in blockchain consensus mechanisms like proof-of-stake (PoS) and proof-of-authority (PoA). They check whether new transactions align with the network’s…

For investors, turning bullish on Bitcoin is tempting, especially after a 91% rally to $52,000 in just four months ending on Feb. 15. Bitcoin’s current $1 trillion valuation places it among the world’s top 10 tradable assets and even ahead of the Warren Buffet’s world-famous Berkshire Hathaway, which has an $875 billion market capitalization. The additional 34.5%…

Bankrupt cryptocurrency lender Celsius has announced that most eligible creditors have now collected their liquid crypto distributions from its two distribution agents, payments giant PayPal, and crypto exchange Coinbase. In a recent court filing, Kirkland & Ellis, the legal team representing Celsius, provided an update on the creditor distributions as outlined in the restructuring plan. This…

Ethereum restaking protocol EigenLayer has become the fourth-largest protocol by total value locked (TVL), surpassing cryptocurrency lending protocol JustLend. EigenLayer’s TVL rose 5.73% to $6.99 billion on Feb. 15. The restaking protocol’s TVL is up 47.95% in the past seven days and 307% over the past month, according to data from DefiLlama. EigenLayer’s TVL started rising on…

A much-anticipated airdrop from Ethereum layer-2 scaling solution Starknet may be dominated by airdrop farmers. According to a February 15 report by Yearn Finance developer banteg, 1,854 individuals allegedly renamed or deleted their accounts after a blockchain snapshot was taken for the basis of the Starknet airdrop next Monday. The Starknet Foundation will allocate 700 million STRK tokens out…