PANews reported on July 25 that according to The Block, Eigen Labs has launched a new feature called "Multi-chain Verification", which is a change in the way active verification services operate in the EigenLayer ecosystem. AVS was previously limited to Ethereum's Layer1, but can now be deployed to multiple chains including Layer2 networks through an integrated process. This feature has been launched on the Base Sepolia test network, and the main network is expected to be fully open in the third quarter. Through this upgrade, AVS developers can quickly configure smart contract parameters, complete multi-chain deployment within hours, and use the low-cost and high-throughput characteristics of Layer2 to improve service performance. Eigen Labs also released the EigenCloud platform last month, which integrates core services such as data availability and dispute resolution.

Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors. Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more

