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The Ultimate Illuvium Arena Guide: Mastering Affinity for Victory
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The Ultimate Illuvium Arena Guide: Mastering Affinity for Victory
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Validators for Ronin Network Bridge Choose Chainlink’s Cross-Chain Interoperability Protocol
Validators for the bridge that connects Ethereum to the Ronin Network have voted to adopt Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the network's canonical cross-chain infrastructure This decision is aimed at enhancing the Security of assets bridged to the Ronin ecosystem, as highlighted in a recent press release by Chainlink
The selection process involved three phases where proposals were submitted by Chainlink CCIP, LayerZero, and Axelar After voting, Chainlink emerged as the preferred choice with 10 votes, while LayerZero received 3 votes, and Axelar did not receive any votes
Focus on Security
The Head Researcher at Ronin developer Sky Mavis, Phuc Thai, emphasized that security was the top priority when selecting a cross-chain protocol to safeguard the future of the Ronin ecosystem...
Validators on Ronin Network Vote to Adopt Chainlink's Cross-Chain Interoperability Protocol
Validators for the bridge that connects Ethereum to the Ronin Network have voted to adopt Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the network's canonical cross-chain infrastructure This decision aims to enhance Security for assets bridged to the Ronin ecosystem, as stated in a press release by Chainlink
The selection process involved proposals from Chainlink CCIP, LayerZero, and Axelar, with Chainlink securing the backing with 10 votes, while LayerZero obtained 3 votes, and Axelar received none
Enhancing Security for the Ronin Ecosystem
Phuc Thai, Head Researcher at Ronin developer Sky Mavis, emphasized the importance of security in choosing the cross-chain protocol to secure the future of the Ronin ecosystem
The decision to improve Ronin Bridge’s security features follows multiple past hacks on the system that have resulted in significant losses of assets...
Bitcoin Struggles as "Uptober" Fails to Materialize
Bitcoin investors were eagerly anticipating a prosperous "Uptober" with hopes of rising Crypto prices, but the leading Digital asset failed to deliver the expected gains As of now, Bitcoin's Price has dropped below $60,000 per Coin, reaching a low of $59,810
The current price of Bitcoin stands well below its all-time high of $73,737 in March, according to Data from CoinGecko Despite showing promise earlier this month by approaching $64,000, the asset has now experienced a significant dip
Impact on Futures Traders
The recent price drop has resulted in over $150 million in long positions being liquidated across all cryptocurrencies in the past 24 hours, as reported by CoinGlass...