Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security.
Lost keys have already cost billions of dollars, many more at risk — Polygon exec](https://cointelegraph.com/news/polygon-crypto-lost-keys-have-already-cost-billions-of-dollars-many-more-at-risk-polygon-exec))
Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security.
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own.
OpenAI preps release of open source AI model: Report](https://cointelegraph.com/news/open-ai-prepares-release-open-source-model))
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own.
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC's response, asserting that they will happily continue overseeing the sector via regulation as enforcement.
SEC seeks denial of Coinbase petition for imminent crypto rules](https://cointelegraph.com/news/sec-rebukes-need-for-imminent-crypto-rulemaking-seeks-denial-of-coinbase-petition))
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC's response, asserting that they will happily continue overseeing the sector via regulation as enforcement.
Really great post, thank you!
HOW TO PREPARE FOR EIGENLAYER TESTNET ⚡️
This could be one of the next big trends.
Eigenlayer: A protocol on Ethereum to "re-stake" your ETH.
How does it work and is there a potential big airdrop?
🧵👇
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What is EigenLayer?
EigenLayer enables ETH stakers to restake their ETH or LSD (stETH, rETH) to secure other apps on the network, earning additional rewards.
Users opt-in Eigen's smart contracts and stake to earn interest on top of the existing ETH POS interest.
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How does EigenLayer work?
You can refer to my thread from January to learn more about the technical aspects, if you wanted to:
twitter.com/OlimpioCrypto/status/1610013658125328384
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Status of EigenLayer
The initial phase of the three-stage launch plan for EigenLayer's protocol, the Stage 1 Testnet, was unveiled by the company on the 6th of April, 2023.
This testnet is not incentivized. But you can try it now! 👀
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STEPS TO START: (this is in Goerli Testnet)
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Get Goerli ETH on faucetlink.to/goerli or faucet.paradigm.xyz
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Switch your wallet RPC to the Goerli Test Network
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Send some Goerli Test ETH to this address 0x1643E812aE58766192Cf7D2Cf9567dF2C37e9B7F to get stETH
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STEPS CONTINUED:
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Visit goerli.eigenlayer.xyz and connect your wallet
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Click the “Lido Staked Ether (stETH)” option
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Enter the amount you want to deposit and stake the stETH you just received
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Approve and confirm the transaction
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See your balance on the dashboard.
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POSSIBLE AIRDROP?
• Not likely, for now.
• They have not confirmed any airdrop.
• Testnet is not incentivized.
However, it usually is a good idea to be an early adopter in the crypto space. It might pay off! 🪂
Moreover, this is a testnet, so no capital is needed.
⚡️
In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers.
NFT markets are out of balance with sellers dominating](https://cointelegraph.com/news/nft-markets-are-out-of-balance-with-sellers-dominating))
In April there hasn’t been a single day where total sellers on the market haven’t exceeded total buyers.
- antioxidant
- immunoprotective
Imagine if there would be a way to incentivize projects to start by sharing their post and progress on Lens. Maybe the collect feature could be a way to fund new projects that are important for the community.
First step for humanbeing to enter the interstellar civilization though it's not successful enough.#Starship
