🇮🇳 India

Recently, building infrastructure projects using EigenLayer has become popular among developers.These projects are called Active Validation Services (AVS), which refers to any system that requires its own decentralized validation semantics for authentication.These systems may include DA tiers, new virtual machines, prophecy machines, bridges, etc. The purpose of this paper is to describe the first upcoming AVS system, Omni Network, whose parsed intrinsic mechanisms, when successfully brought online, can be equated to a two-sided upgrade in security and experience when compared to LayerZero.Rollups are the current and future scaling solution for Ethernet. the use of Rollups gradually increases from 2021 to 2023, which, as can be seen in the chart, brings a nearly 10x increase in transaction throughput for Ethernet L1.

More trades doesn’t mean, ”More Money”. Here it is ”Less is More.”

Trade wisely…

BTW #Bitcoin    hits $71,000.

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Yesterday evening the U.S. Department of Justice announced that KuCoin, one of the world’s top 10 centralized cryptocurrency exchanges, and its founders, Chun Gan (a.k.a. Michael) and Ke Tang (a.k.a. Eric), have been indicted by the U.S. Attorney’s Office for the Southern District of New York for violating U.S. anti-money laundering regulations and for engaging in the unauthorized transmission of currency.Prosecution: KuCoin and its Founder Intentionally Concealed a Large Number of U.S. UsersAccording to the DOJ announcement, U.S. prosecutors believe that KuCoin and its founders were aware of their obligations under U.S. anti-money laundering regulations, but willfully chose to ignore them:For example, KuCoin failed to implement an adequate KYC program, and the exchange did not require users to provide any identifying information until at least July 2023, when KuCoin implemented a KYC program for its new customers after it was notified of a criminal investigation into its activities by federal authorities.Due to KuCoin’s willful failure to implement the required AML and KYC programs, KuCoin has been heavily used as an avenue for money laundering, dark market trading, fraud, and other means, and since its inception in 2017, KuCoin has generated more than $5 billion in questionable proceeds from criminal transactions.

As a trader we’ve got a super talent to ruin everything with one single trade.
Choose trade & leverage wisely!!

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Public Chain Solana DeFi is performing very well with over $4 billion in Total Locked Value (TVL) and daily DEX transaction volume.The Solana DeFi team is firing on all cylinders, led by quality DeFi 1.0 protocols such as Marinade, Phoenix, Jito, MarginFi, Kamino, BlazeStake, Solend, Jupiter, Meteora, Orca, Raydium, Lifinity, Sanctum, and Drift.The teams have weathered the FTX crash, built through the trough of the Bear Market, and are now in the midst of the harvest season.However, the performance of new teams entering the Solana DeFi ecosystem has been somewhat muted, in part due to a lack of new narratives and fewer teams focusing on Solana’s new Only Maybe (OPOS) mechanism.It’s time to focus on new DeFi ideas and encourage more teams to build in the DeFi space to drive economic activity in Solana.This article attempts to showcase the top 10 themes, each of which has relevant ideas worth exploring, and while we focus on Solana, some of these themes can be applied to other high-performance chains as well.

The markets will try their best to force us in order to create bad habits.

Don’t be fooled, stay focused and stick to set-up.

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