NEAR Protocol Allows Users to Sign Chain Transactions from a Single Wallet

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The Near Foundation has implemented Chain Signatures, a protocol that allows users to sign transactions on other blockchains using NEAR accounts. Chain Signatures is currently live on NEAR's testnet and is scheduled to launch mainnet in early May according to a NEAR spokesperson. This protocol is supported by the distributed multilateral computing (MPC) network and secured by NEAR validators. Chain Signatures allows NEAR accounts, including smart contracts, to sign transactions for any blockchain. Any NEAR account can control any number of addresses across all blockchains, opening up new use cases in decentralized finance (DeFi). According to the NEAR fund, in the future Chain Signatures will also receive additional security features from EigenLayer. The protocol includes a “Multichain Gas Relayer,” which eliminates the need to have another blockchain's native gas Token to make transactions; instead, users simply use NEAR or NEP-141 Token to pay for gas on any chain .
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Bitcoin price is still hesitating around the $70,000 resistance zone, but on-chain data shows that market participants are preparing for a stronger rally. Bitcoin price surpassed $71,000 for the first time since March 15 as Capital into Bitcoin spot ETFs began to gain momentum. Data from Cointelegraph Markets Pro and TradingView shows that BTC has increased more than 0.55% over the past 24 hours, reaching a weekly high of $71,582 on March 26. Several factors are driving BTC 's current price movements including steady Capital inflows into Bitcoin spot ETFs, the upcoming Bitcoin halving event, and positive sentiment among institutional investors. Current support is $67,500, resistance is $72,200.
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