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Friday, April 7, 2023

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EigenLayer, the groundbreaking protocol that allows validators to 're-stake' their locked Ether on other networks, has just launched its testnet.

The testing phase will consist of three separate phases, meant to onboard various groups of participants into EigenLayer's ecosystem, where the first phase will be conducted on Ethereum's Goerli testnet.

In today's news, the Avalanche testnet levels up, the Bitcoin miners are hard at work again, and David Bowie is back from the dead?

Read on!

CoinGecko Turns 9! 🎉

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NFTs are Popular among Crypto Holders

In a recent survey, 3 out of 4 crypto holders said they owned NFTs. So yes, jpegs are pretty much here to stay.

But another 2 in 10 crypto holders have never gone into NFTs. Which one are you?

Read more here!

24h Hot Searches Worldwide

Utrust (+8.3%)
Arbitrum (-0.9%)
Stargate Finance (-0.4%)
Injective (+11.3%)
Dogecoin (-10.0%)
XEN Crypto (-1.0%)
Vela Token (+1.8%)

What is zkEVM and how will it drive the future of Ethereum scaling?

Let's find out more about these 5 popular ZK projects in 2023.

Tap here to watch!

Cortina Is Ready for Testing

Layer-1 blockchain Avalanche released its latest upgrade, known as Cortina, on its testnet yesterday.

According to the team, Cortina will allow developers to build at a much faster pace and makes it easier for exchanges to support the network's X-Chain, used primarily for transferring funds.

CoinDesk

Another All-Time-High for the Miners

Bitcoin has increased its mining difficulty for the fourth consecutive fortnight in a row, reaching an all-time high of 47.89 trillion.

The network's mining difficulty rose by 2.23% yesterday - a significant yet small increase compared to the 7.56% surge on March 23.

While the network difficulty and hash rate for Bitcoin have increased, miners are also getting increased revenue from block subsidies as the price of Bitcoin edges higher.

The Block

The Other Side of Ziggy Stardust

In collaboration with music producer Larry Dvoskin, Gala Music will launch a limited series of NFTs featuring a completely different rendition of David Bowie's hit song 'Let's Dance' sung by the legend himself.

Next week on April 14th, the collection of 3,003 NFTs will be released to the public, featuring artwork inspired by Bowie and providing access to the unreleased version of the song produced back in 2002.

All sales will go towards MusiCares, a charity that provides support to the music community.

Decrypt

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What is zkSync? Today, we look at the trustless Layer 2 solution and how it offers cheaper and faster transactions.

Find out more about zkSync and zero-knowledge here.