Kannan warned against excessive risk-taking; advocated addre | Lizzy_analyst on Binance Square

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Kannan warned against excessive risk-taking; advocated addressing issues separately from Ethereum’s core protocol.

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The Chopping Block discussed Ethereum’s consensus and risks of overloading with EigenLayer founder Sreeram Kannan.

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Dogecoin was developed by software developers Billy Markus and Jackson Palmer as a joke to mock what many saw as an irrational investment hype surrounding cryptocurrencies.

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Celsius filed for Chapter 11 protection in July, one of several crypto lenders to go bankrupt following the rapid growth of the industry during the COVID pandemic.

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New Jersey-based Celsius also confirmed that it has secured a backup bid with the Blockchain Recovery Investment Consortium (BRIC), a holding company affiliated with the Winklevoss-owned Gemini Trust.

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The cross-chain purchases with NFTrade work on Ethereum, Polygon, Avalanche and BNB Chain. For example, if users want to buy an item on Avalanche, they can pay with a currency from any of the other three networks. The protocol will automatically swap the buyer’s tokens on the sending chain for the token the seller wants on the receiving chain, allowing it to then pay the seller and release the NFT to the buyer. This entire process is done in a decentralized way, and at no point does the developer take custody of the buyer’s funds, the announcement stated.

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