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…