EigenLayer has implemented an additional security feature for its EigenDA data availability service on the Ethereum mainnet to prevent Sybil and distributed denial of service attacks. According to an X post from EigenDA, the whitelist security measure utilizes either an internet protocol address or Ethereum’s elliptic curve digital signature algorithm (ECDSA) authentication to ensure enhanced protection…
Michael Saylor, the outspoken executive chairman and co-founder of business intelligence company MicroStrategy, recently sounded off on the virtues of Bitcoin — including claiming it’ll reach $10 million per coin and that the entire nation of China will get behind the cryptocurrency — in an 84-minute podcast interview. Economic pseudoscience In the above video’s intro,…
Ether could tumble to as low as $2,400 after the launch of spot Ether exchange-traded funds, says Andrew Kang, a founder and partner at crypto-focused venture capital firm Mechanism Capital. According to CoinGecko, Ether is currently trading at $3,410. A tumble to $2,400 would be a nearly 30% drop from its current price. In a June…