EigenLayer Set to Launch Long-Awaited Slashing Feature on April 17

Key Developments in Cryptocurrency Technology

  • EigenLayer Launches Slashing Feature: EigenLayer will introduce its slashing feature on April 17, enabling penalization of operators for non-compliance and rewarding those who meet conditions.
  • RootstockLabs to Release SDKs: Rootstock is set to release software development kits for building Bitcoin layer-2 solutions using BitVMX, enhancing interoperability in the Bitcoin ecosystem.
  • THORChain's Role in North Korea Laundering: THORChain facilitated 85% of funds from a $1.4 billion hack attributed to North Korea, raising questions about its decentralized nature amid regulatory scrutiny.
  • Bitcoin Hard Fork Proposal: A draft proposal aims for a network-wide migration to quantum-resistant wallets to safeguard against potential threats from quantum computing.

Additional News Highlights

  • The first Ripple ETF launched on April 8, while Ripple agreed to acquire Hidden Road for $1.25 billion.
  • Galaxy Digital plans to redomicile in Delaware post a shareholder vote after settling with New York authorities for $200 million.
  • China and Europe approved tariffs against the U.S., impacting global markets including cryptocurrency, with Bitcoin prices dipping below $77K.
  • Argentina's congress is investigating LIBRA, a controversial memecoin promoted by President Javier Milei.

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