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FOMOinsights Profile picture
@FOMO_insights
Apr 27 • 4 tweets • 3 min read Twitter logo Read on Twitter
Summary of #BTC developments on the morning of April 27:
#FOMO

•DB reported that the US government and the Mt Gox hacker had started selling BTC.
•The community checked onchain wallets and found that the number of #BTC was still intact. DB admitted that the warning was incorrect due to a technical error from the Arkham platform.
•Arkham clarified that the warning was actually caused by DB mistakenly setting up two alerts for #BTC transactions over $10K, without specifying the specific targets to monitor. The alerts were named "Mt Gox" and "US Gov."
•However, the warning was issued after the #BTC crash, so it was not very relevant.
•Jump, however, pushed $26.6M to #CEX exchanges one hour before the BTC crash, but it's unclear why they did so.

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More from @FOMO_insights

FOMOinsights Profile picture
Apr 27
Thread : Exploring Optimism's Layer 2 Scaling Solution and the Ambitious Superchain Plan

1. Overview of Optimism
2. Bedrock
3. OP-Stack
4. What is Superchain?

#FOMO
1. Overview of Optimism

- #Optimism is a L2 scaling solution on #Ethereum aimed at reducing gas fees and increasing transaction speed while maintaining security from the Ethereum main chain.

- Since its launch, Optimism has saved users billions of dollars in transaction fees. Image
2. Bedrock

- #Bedrock is a technical upgrade to Optimism that makes it more compatible with Ethereum and reduces the amount of code in the OP Stack. The changes include:
+ The Bedrock team will implement it based on EVM-Equivalence (similar to EVM) instead of EVM-compatible.
Read 20 tweets
FOMOinsights Profile picture
Apr 22
With a fake item, you cannot turn it into a real item, but what if you turn a fake chain into a real chain? This seemingly playful idea is exactly what Berachain did.
#FOMO Image
1. @berachain is a unique and innovative L1 solution, built on the Cosmos and compatible with EVM. Starting from the NFT Bong Bear collection, Berachain is now more popular with the community with the slogan "fake chain => real chain”
- Proof-of-Liquidity
+ Unlike traditional PoS mechanisms, in PoL, validators stake assets such as cryptocurrencies, stablecoins, or other tokens that have liquidity on DEXs.
Read 19 tweets

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