August 11 BTCUSD BingX Chart Analysis and Today's Headline

The July CPI data is similar to market expectations, and this has only brought about a fluctuation of around $200 for BTC. The market liquidity is extremely low, causing BTC to fall below the MA30 moving average once again. This may lead to a new round of downward movement. The only thing that can change the market direction at the moment is the approval of BTC ETF, which will significantly increase market liquidity and bring about greater volatility.

A16z Crypto Introduces Lasso and Jolt to Enhance Zero-Knowledge Proofs

The cryptocurrency-focused division of venture firm Andreessen Horowitz, a16z crypto, has unveiled Lasso and Jolt, a pair of new tools based on Succinct Non-interactive Arguments of Knowledge, or SNARKs.SNARKs are a type of zero-knowledge proof that can potentially facilitate scalable ZK-rollups in the Layer 2 space, which are typically seen as compute-intensive. Lasso and Jolt are said to offer a more effective approach to SNARK design, potentially making it quicker and more comprehensible for developers, the research team at a16z crypto told The Block. The new techniques are explored in two research papers that a16z crypto research partner Justin Thaler and the engineering team have developed.

Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.