In a series of private sales to institutions outside the US, Worldcoin led by Sam Altman plans to raise the supply of its WLD token by up to 19% in the following six months. In a blog post published on April 23, Worldcoin announced that World Assets, a division of
Due to rising competition caused by the issuance of new tokens, the total quantity of stablecoins linked to the US dollar seems to be heading back up towards its previous all-time high. The Block Data Dashboard reports that the total supply of USD-pegged stablecoins reached $165 billion at the end
Recent events have sparked speculation over whether renowned crypto figure Justin Sun has purchased a large quantity of Ethereum (ETH). Assuming this is accurate, it may give the Ethereum price an additional push beyond $3,500 and beyond. An on-chain data provider Lookonchain has uncovered some interesting activity in whale wallets
Vitalik Buterin, co-founder of Ethereum, has voiced concerns that the execution of new programs inside Section 702 would impact privacy and the crypto community generally, and has therefore criticized the renewal of Section 702 of the Foreign Intelligence Surveillance Act (FISA). The reintroduction of laws allowing the United States government
Legislation outlining a legal framework for payment stablecoins has been introduced by US Senators Kirsten Gillibrand and Cynthia Lummis. The Lummis-Gillibrand Payment Stablecoin Act, which the two senators announced on April 17, had been in the works for some months and was scheduled to be unveiled in 2024. Prohibiting “unbacked,
A System and Organization Controls (SOC) 2 Type 2 audit has been successfully completed by USDC issuer Circle. An indication of how seriously Circle takes the security of its clients’ data is the fact that it has undergone an audit in accordance with the guidelines set forth by the American
Ethereum (ETH) experienced a temporary dip below the $3,000 mark in escalating tensions in the Israel-Iran conflict. However, demonstrating remarkable resilience, the price of ETH has surged back, surpassing the $3,150 level at the time of reporting. This resurgence has been fueled by strategic moves from whales, who have been
It seems that Vitalik Buterin, co-founder of Ethereum (ETH), and Mihailo Bjelic, co-founder of Polygon (MATIC), are arguing over whether or not Verkle Trees should be available on Ethereum. Bjelic appears to be opposed to the notion. Their argument on X platform raises questions about Ethereum and its data storage
The cryptocurrency market experienced a notable downturn over the past 24 hours, marking a stark departure from the bullish trajectory witnessed throughout much of 2024. Bitcoin (BTC), the largest cryptocurrency by market cap, plummeted to a low of $65,254, marking a considerable drop from its recent high of $70,952. Similarly,
Finding profitable prospects in the realm of cryptocurrency investing necessitates having a forward-thinking mindset and a deep comprehension of market dynamics. The forecasts and analyses of seasoned experts carry a lot of weight for investors looking for direction and insight, frequently influencing investment strategies and choices. One such analyst, well
