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News

A news article discusses current or recent news of either general interest (i.e. daily newspapers) or of a specific topic (i.e. political or trade news magazines, club newsletters, or technology news websites).

Berachain Secures $100M Series B Funding to Expand its Global Activities on the Blockchain
#Blockchain News
2 mins read

Berachain Secures $100M Series B Funding to Expand its Global Activities on the Blockchain

SEC
#Regulation News
2 mins read

Experts weigh in as SEC deviates from past decisions in recent Uniswap action

JPMorgan Chase steps into media industry, will sell data of 80M clients
#Industry News
1 mins read

JPMorgan Chase steps into media industry, will sell data of 80M clients

Winklevoss
#Industry News
2 mins read

Winklevoss twins become co-owners of Real Bedford football club

VeChain
#Industry News
2 mins read

VeChain unveils tokenized gloves in UFC partnership

Binance
#Binance News
2 mins read

Joint operation traces fugitive Binance executive in Kenya

Crypto
#Industry News
2 mins read

Crypto prices slide ahead of halving event

So what, is Coinbase scamming its customers now?
#Exclusive
2 mins read

So what, is Coinbase scamming its customers now?

Bitcoin
#Industry News
3 mins read

Bitcoin joins the retirement plans options table – What’s your plan

Billy Markus
#Industry News
2 mins read

Dogecoin co-creator Billy Markus weighs in on crypto market slide

Court Hands Down Three-Year Sentence to Engineer in Nirvana Hacking Case
#Industry News
2 mins read

Court Hands Down Three-Year Sentence to Engineer in Nirvana Hacking Case

Australians LOVE privacy, favor commercial banks over retail CBDC
#Industry News
2 mins read

Australians LOVE privacy, favor commercial banks over retail CBDC

Russia and China's friendship takes an interesting turn
#Economy
2 mins read

Russia and China’s friendship takes an interesting turn

Putin, Xi, Biden, and the U.S. national debt - A short story
#Economy
3 mins read

Putin, Xi, Biden, and the U.S. national debt – A short story

EigenLayer is Enhancing Ethereum's ecosystem with Six New Validated Services EigenLayer, better known as a leading company in blockchain technology has announced its launch for six new services. Now These services were introduced during the third phase of their main network's rollout and the aim of these services is simple and straightforward. They are designed to significantly improve how things work within the Ethereum ecosystem. Expanding functionalities Now the six services that are being talked about, the ones that Eigen layer has launched areAltLayer, Brevis, Eoracle, Lagrange, WitnessChain, and Xterio. Each of these services play a specific role, a role that is very important for advancing the Ethereum ecosystem. Like the AltLayer's MACH platform. This platform is designed to accelerate the finality of rollups, boasting impressive confirmation speeds of under 10 seconds. Lagrange on the other hand is another pivotal service, that offers light client functionality, which is essential for enabling faster and more secure communication between optimistic rollups and other blockchains. One of the latest launches is Eoracle, the feature-rich Ethereum-native oracle network built on EigenLayer, the first ETH-focused Layer 2 scaling solution. Oracle is a very important link between the data in the real world and smart contracts that make it possible for smart contracts to send commands according to inputs gathered from the external environment. Eoracle will seek to simplify the grievous task using the data to smart contracts on the Ethereum blockchain that they will provide right, reliable, and on time. This growth, apart from ensuring the reliability of decentralized applications, also supports the creation of special transactions that are complex, such as smart blockchain functions and financial tools. In addition, Brevis incorporates "coprocessors" that ensure the proper purpose of computations on Blockchain, with emphasis on those that do not require storage. Such a service is important for developers who need to make their apps both productive and low-cost that, as a result, makes the technology facilitating the blockchain and its implementation more accessible for as many users as possible. Providing Enhanced Security via Restraking Protocol. With a unique identity as the securing asset, EigenLayer’s ground-breaking restacking process empowers users to leverage locked ETH/ETH-backed stablecoins to boost third-party services. The protocol, which offers a robust security system for the Ethereum network, sends the staked assets to support the growth of new services through its capability. The introduction of such services becomes part of a comprehensive work of EigenLayer to solidify its standing as a leader of blockchain innovations. Through the provision of many features having the aim to remedy the current technological and operational problems associated with the Ethereum network, EigenLayer is the precursor of more complicated, safe and usable relating to the blockchain. Conclusion With EigenLayer launching these six frequently validated services, the embracement of peer-to-peer economy and collaborative way of working becomes a clear manifestation in the Ethereum network evolution; providing the necessary thrust to scale and interoperability, thanks to the security being offered by constant validation. As these firms start to build up some traction and want to show that they're really valued, I think they are bound to earn more developments and investments, especially to come up with more great solutions in the blockchain realm. This feature manifests the fluency of the blockchain technology system and its advanced abilities to deploy continuous solutions with comprehensive approaches. In addition to enhancing its own platform, EigenLayer is also creating something which is very unique in the bigger blockchain ecosystem and in that way is emerging a new era where Ethereum is considerably transforming the world and our online activities. TLDR: EigenLayer has launched six services: AltLayer, Brevis, Eoracle, Lagrange, WitnessChain, and Xterio, each designed to advance the Ethereum ecosystem EigenLayer's innovative restaking protocol allows users to use their staked ETH or ETH-backed tokens to support these new services, enhancing the security and functionality of the Ethereum network.
#Industry News
2 mins read

EigenLayer is Enhancing Ethereum’s Ecosystem with Six New Validated Services

China's yuan is performing way better than US's dollar right now
#Economy
2 mins read

China’s yuan is performing way better than US’s dollar right now

Is the UK stock market ready for a comeback? - Is it ever going to be?
#Economy
2 mins read

Is the UK stock market ready for a comeback? – Is it ever going to be?

The U.S. and UK financial markets are not the same - they will never be the same
#Economy
2 mins read

The U.S. and UK financial markets are not the same – they will never be the same

This might be the global economy's worst decade yet - No, really
#Economy
3 mins read

This might be the global economy’s worst decade yet – No, really

The TON Foundation sustains an alliance with HashKey to Enhance Telegram wallet
#Industry News
2 mins read

The TON Foundation sustains an alliance with HashKey to Enhance Telegram wallet

BlackRock's Record-Breaking Quarter: A Mint-eye Perspective on First Quarter Success in 2024
#Industry News
3 mins read

BlackRock’s Record-Breaking Quarter: A Mint-eye Perspective on First Quarter Success in 2024

Merlin Chain: Revolutionizing Blockchain Security and Efficiency
#Industry News
3 mins read

Merlin Chain: Revolutionizing Blockchain Security and Efficiency

ECB maintains interest rates at 4% amid controversy
#Economy
2 mins read

ECB maintains interest rates at 4% amid controversy

Meta Wins Dismissal of Lawsuit Filed by Billionaire for Misleading Crypto Ads
#Industry News
2 mins read

Meta Wins Dismissal of Lawsuit Filed by Billionaire for Misleading Crypto Ads

Hong Kong
#Industry News
2 mins read

Hong Kong Bitcoin ETFs predicted to unlock $25 billion in demand

Venezuela
#Industry News
2 mins read

Venezuela unveils crypto money laundering linked to state funds embezzlement

BlackRock
#News
2 mins read

BlackRock’s IBIT leads with record $192 million inflows

Transporter: Enhancing Security and User Experience in Cross-Chain Transactions
#Industry News
2 mins read

Transporter: Enhancing Security and User Experience in Cross-Chain Transactions

United States
#Industry News
2 mins read

United States government ranks among the largest Bitcoin holders

GUNZ Blockchain by Gunzilla Games integrates with OpenSea
#News
2 mins read

GUNZ Blockchain Integrates with OpenSea Ahead of AAA Game’s Launch

Helldivers
#Gaming
4 mins read

Helldivers 2 Community Disappointed with Lack of Fire Resistance in New Armor Sets

Australia
#Industry News
2 mins read

Australia’s ASIC launches legal action against unlicensed mining firms

JPMorgan still thinks U.S. is going into recession - but does anyone even care?
#Economy
2 mins read

JPMorgan still thinks U.S. is going into recession – but does anyone even care?

Inconsistency in regulations are killing stablecoins, says BIS
#Industry News
2 mins read

Inconsistency in regulations are killing stablecoins, says BIS

HashKey
#News
2 mins read

HashKey finalizes testing phase for upcoming Bitcoin ETFs

FDIC disses Switzerland over approach to Credit Suisse collapse
#Economy
2 mins read

FDIC disses Switzerland over approach to Credit Suisse collapse

Iran picks new fight with U.S. over oil trade - as it should
#Economy
2 mins read

Iran picks new fight with U.S. over oil trade – as it should

Bitcoin
#News
2 mins read

Victims of $6.2B scam request China’s help with UK seized Bitcoin

Brad Garlinghouse
#News
2 mins read

Ripple CEO Brad Garlinghouse hits back at scammers, vows to fight fraud

cryptocurrency
#Industry News
2 mins read

Here’s the State of Cryptocurrency So Far: Over 0.5 Million New Crypto Tokens in 2024

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