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Ethereum re staking protocol EigenLayer has launched on Ethereum mainnet . The launch supports tokens including stETH, rETH, cbETH and solo-stakers. EigenLayer is designed to extend Ethereum security to software modules such as bridges, oracle networks and consensus mechanisms by utilizing restaking to offer pooled security mechanisms. They’re built on top of the network.  The EigenLayer protocol consists of stakers, who commit stake, and operators, who provide technical validation services for actively validated services (AVSs), Brianna Montgomery, head of strategy at Eigen Labs, told Blockworks. Several AVSs are building on EigenLayer, and a handful have publicly pointed to their plans, Montgomery said.  Known AVSs include EigenDA, Espresso, Witness Chain, Omni and Lagrange.  “Others are building in private,” Montgomery said. “More details about projects building on EigenLayer will be shared as and when available.” How does EigenLayer work? Stakers can give permission to ...

Jun 24, 2023 at 07:58 // Price Author Coin Idol Cryptocurrency analysts of Coinidol.com report the price of Shiba Inu (SHIB) is rising as it breaks above the moving average lines, but it is stuck below the 50-day line SMA. In other words, the price of SHIB is moving between the moving average lines. Shiba Inu price long term forecast: bearish At the time of writing, the cryptocurrency is trading at $0.00000801. On the downside, the downtrend has come to an end and altcoin is now trading above its previous fluctuation zone. If buyers break the resistance a...

The crypto community celebrates the cage match between Elon Musk and Mark Zuckerberg. While Musk initiated the challenge, Zuckerberg agreed to meet him at the match. Acknowledging the physical disparities between Musk and Zuckerberg, the community showers support for both. The crypto community on Twitter has been submerged in the debate on the “cage match” between the crypto enthusiasts Elon Musk and Mark Zuckerberg. Musk, the Twitter owner and Tesla CEO, recently shared a Twitter post initiating the idea of the martial arts challenge with Zuckerberg, the Facebook founder and Meta CEO, who immediately accepted the dare. Following an Instagram post by the Facebook CEO, which responded to Musk’s challenge with the comment, “Send Me Location,” the crypto community is eagerly awaiting for the dual to take place. The social media platforms are immersed with plenty of comments and appreciation for both the technology billionaires. Instagram Screenshot When M...

Civic partners with Unique for investor identity verification on their platform. Unique.vc is a Web3 platform that connects angel investors, VCs, and syndicate investors with founders. It is built on the Solana network and includes an on-chain governance layer that ensures secure and transparent capital management and deployment. Furthermore, Unique.vc offers a trustless environment for angel investors, investment syndicates, venture funds, and startup founders to manage their assets. This is made possible through the automation of investment execution, fundraising, and asset management processes. With Unique.vc, startup investors can manage their portfolios and related processes through a single platform, enabling them to invest directly in projects without any third-party involvement. They can also invest collectively by creating or joining an investment syndicate or VC fund based on their goals. Unique.vc also offers support in defining legal and tax requirements. In addition to So...

Flare Network is a layer 1 blockchain protocol that provides developers and users with a trustless and decentralized data oracle at scale. The latest suite of user tools will enhance users’ wallet management and provide a detailed and advanced data analytics tool and novel ‘executors’ to automate the process of token claiming.  advertisement “We have been building on Flare from the start, and with this collaboration, we will develop a number of important new tools to benefit the growing network,” David Pangerl, CEO & Founder of Oracle Daemon, said.  As stated above, the Oracle Daemon team will have three main responsibilities in developing the Flayer Layer 1 network. First, the multi-wallet management tool will enhance how users view and manage their funds across multiple wallets. The tool gives users a clear overview of balances and transactions across multiple wallets, helping them streamline their accounts.  Sec...

As we know, the recent price rally in Bitcoin comes amid the flood of spot Bitcoin ETF applications making their way to the SEC. BlackRock triggered the trend once again with its filing and the Bitcoin valuation has grown by $100 billion since then. Since BlackRock filed for Bitcoin ETF, the BTC price has surged by more than 21% since then. advertisement Bitcoin’s rally has outstripped all other altcoins with its market dominance now at 50%. In a departure from previous trends, Bitcoin’s performance has diverged from stocks, resulting in a negative correlation with the Nasdaq 100. This marks the first time such a negative correlation has been observed since 2021. Courtesy: Bloomberg Bitcoin Whale Transactions Shoot Over the last three months since the beginning of April, BTC whales have been accumulating heavily. Massive whale transactions took place as the Bitcoin price shot past $30,000. On-chain data provider Santiment reports: 259 transact...

Rug Pull Alert: List Of Alt coins Celsius Network Will Sell On July 1st advertisement Voyager Withdrawal Will Lead To A Crypto Rug Pull? On-Chain data of the wallet address 0x500a746c9a44f68fe6aa86a92e7b3af4f322ae66 associated with Voyager depicts massive altcoin transfers. It should be noted that the creditors can withdraw about 35% of their crypto holdings with Voyager between June 20 and July 5, 2023. The trouble crypto firm moved around 350 billion Shiba Inu coins (approx worth $2.6 million) in multiple transactions. However, the biggest transaction recorded turns out to be of moving 70 Billion SHIB (approx worth $537k) from the hot wallet. SHIB is trading at an average price of $0.0000073, at the press time. The second biggest meme crypto price is up by around 7% in the past 7 days. However, it is expected the upcoming Voyager Users’ withdrawal can increase the selling pressure for Shiba Inu Coin. Recommended Articles ...