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Bitcoin Layer 2 solutions have been the subject of significant debate and controversy within the cryptocurrency community. Mononaut, the founder of Mempool, has been particularly vocal in his criticisms of these solutions. He argues that if a Bitcoin Layer 2 solution does not support unilateral exit, it essentially functions as a multi-signature system rather than
Over the weekend, Bitcoin experienced a significant drop in price, falling by around five thousand dollars to a multi-week low of approximately $61,000. This downward spiral also affected alternative coins, with many seeing double-digit price declines. The main factor behind this crash was the escalating tension between Iran and Israel, which sent shockwaves through the
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Recently, on April 9, the EigenLayer team made a significant announcement regarding the launch of EigenDA, the first Available Validator Service, on the Ethereum mainnet. This marks a crucial milestone for the platform and showcases its commitment to innovation and progress within the blockchain space. According to the team, there has been a substantial amount
Bitcoin and the entire cryptocurrency market experienced a significant downturn over the weekend, breaking the calm that has prevailed in recent weeks. This sudden shift in market dynamics can be attributed to a variety of factors, including recent announcements by key figures in the US Federal Reserve and reports of escalating tensions between Iran and
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ICB Network, established on April 1, 2024, is a cutting-edge Layer-1 Blockchain project that has redefined standards for efficiency, security, and scalability within the blockchain landscape. At the heart of the platform lies the implementation of the Proof of Stake (PoS) consensus mechanism, a departure from traditional Proof of Work (PoW) systems. The effectiveness and
The cryptocurrency market has been experiencing a decrease in bullish momentum, raising concerns about the continuation of the ongoing bull cycle. Recent price fluctuations have seen Bitcoin drop from $70,000 to below $67,000, signaling a struggle to reach its previous all-time high of $73,737. Amidst this uncertainty, on-chain analytics platform Santiment has identified a key