Ethereum’s Buterin Expresses Concerns Over Sam Altman’s Worldcoin

Buterin argues first that scanning one’s iris could potentially release more information than intended. For instance, if someone else scans a World ID holder’s iris, they can run it against the Worldcoin database to determine – at the very least – whether that person is in the system. In addition, Buterin says World IDs won’t […]

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Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry

Meanwhile, bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel an additional price increase, or send it spiraling in the immediate aftermath. “If bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets,” CoinDesk Co-Managing Editor of Markets Omkar Godbole wrote. […]

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Crypto Lender Celsius Network’ $800M ETH Staking Shake-Up Stretches Ethereum Blockchain’s Validator Queue to 44 Days

On Thursday, the firm moved a total of 291,000 ETH, worth $553 million, into staking contracts, according to a Dune Analytics chart by 21Shares. A total of 192,000 tokens were deposited into the Celsius staking pool, while 99,000 tokens were staked with Figment, Wan reported.

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Ethereum (ETH) Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows

As ether’s price rose in April, so did the total value locked (TVL) of Ethereum layer 2, or companion, networks, reaching $10 billion on April 14, its highest level yet. TVL has subsequently declined amid a swoon in crypto prices but remains at around $9.29 billion, more than double where it stood at the start […]

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CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait for Money Back

Now that our validator project is concluding, it is also time to say goodbye to Valid Points, which was launched a few years ago to focus exclusively on Ethereum and the wider array of projects connected to it. But don’t worry – the newsletter isn’t going away. Next week Valid Points officially becomes The Protocol, […]

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Ethereum Trades Flat After Ethereum Shanghai Upgrade

“The momentum is just too powerful,” Xu wrote. “Right now, there are many institutions holding ETH and LSTs. Retail basically isn’t in the picture, and retail would be the ones who would dump at this moment. But the institutions won’t really be impacted by this upgrade because their investing time horizons are longer term.”

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Polygon Partners With Salesforce for NFT-Based Loyalty Program

In recent years, blockchain technologies have increasingly been used to boostengagement with customers and offer loyalty rewards. BlockFi and Gemini, for example, announced they would offer credit cards offering bitcoin rewards. In 2022, Mastercard supported Upstart, a NFT-based loyalty program, through its startup engagement program.

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Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M in Wrapped Bitcoin

Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital assets for Celsius’ custodial account holders to withdraw, blockchain intelligence firm Arkham Intelligence said in a report.

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Optimism DEX Velodrome Generates Record Weekly Fees Following Coinbase Announcement

The recent move in all-time weekly fees follows Coinbase’s announcement last week launching BASE, another layer two network built using Optimism tech, which has sparked interest in Optimism’s ecosystem. The price of Velodrome’s native token VELO, which has a market capitalization of roughly $62 million, has soared 84.3% in the past seven days, despite sliding […]

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