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Circle Announces Upgrade For USDC, EURC Stablecoins: Here Are The Changes In Store
Thursday, November 9, 2023 - 5:49pm | 559Circle confirmed that a new v2.2 upgrade to USDC and EURC will add new features and sharpen the existing ones. What Happened: The new features of the announced upgrade include decreased gas costs, better support for account abstraction, and increased security for transactions on EVM blockchains, as...
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Polygon 2.0 Witnesses Milestone: POL Contracts To Replace MATIC On Ethereum Mainnet
Wednesday, October 25, 2023 - 11:21am | 606Polygon Labs (CRYPTO: MATIC) wants an updated roadmap with the new POL token replacing the MATIC token. The company clarifies that this has no relation to the recent events in the regulatory environment related to the MATIC legal status. What Happened: Polygon deployed its next-gen cryptocurrency...
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Binance's Support for Terra Luna Classic Network to Upgrade User Experience
Tuesday, September 12, 2023 - 10:01am | 479Crypto exchange giant Binance (CRYPTO: BUSD) extended support for Terra Luna (LUNC) Classic’s latest upgrade for bringing major changes to the chain. The Terra Luna Classic community collectively approved the proposal — 99.85% “Yes” votes — for the v2.2.1 core...
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Ethereum Sets Date For Shanghai Upgrade On Sepolia Testnet; Over $488M Of ETH Transferred To Coinbase
Sunday, February 12, 2023 - 11:15am | 502The Ethereum (CRYPTO: ETH) Foundation has announced Feb 28. as the launch date for moving the Sepolia test network (testnet) through the Shanghai upgrade. The Ethereum team said that Sepolia would be the second network to undergo such an upgrade, reports Coindesk. Following the...
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Ethereum's Ropsten Test Network Transitions To Proof-Of-Stake, Gears Up For Mainnet Merge
Thursday, June 9, 2022 - 12:51pm | 442Ropsten, the oldest Ethereum test network, recently shifted from proof-of-work to proof-of-stake. This merge seeks to optimize efficiency and make the network more eco-friendly. What Happened: According to the Ethereum (CRYPTO: ETH) Foundation developer, the Ropsten Testnet effectively merged to...
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Ethereum Merge Is Imminent On Ropsten Testnet, Mainnet Merge Coming Next
Wednesday, June 8, 2022 - 10:54am | 383Ethereum (CRYPTO: ETH)'s initial test network Ropsten is initiating its shift from proof-of-work to proof-of-stake. The highly anticipated network upgrade stands to be only a consensus layer change, with no change to the execution layer. What Happened: As Ethereum ventures...
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Here's What To Expect From Ethereum's Altair Upgrade Taking Place This Week
Sunday, October 24, 2021 - 4:59pm | 305The Ethereum (CRYPTO: ETH) blockchain went through a network upgrade in less than three months. Now the developers are embarking on another update, Altair, which is set to effect on Oct 27. What's Happening: Altair is a Beacon Chain upgrade to help transition the network away...
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Apple's iOS 15 Update Releases On Monday, But You May Not Want To Install it Right Away
Sunday, September 19, 2021 - 12:39pm | 354Apple Inc (NASDAQ: AAPL) is launching its updated iOS version 15 on Monday. The new operating system comes with a wide range of new features and fixes some existing bugs as well. It will bring new features like the ability to FaceTime Android owners, store your...
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Ethereum's Recent London Hard Fork Upgrade Has Burned More Than $1B Of Ether
Wednesday, September 15, 2021 - 3:46pm | 283According to a recent report, more than $1 billion of Ether (CRYPTO: ETH) has been burned in just about six weeks following the network's London hard fork upgrade. Close to 300,000 Ethereum have been burned since the launch of the London upgrade. Regular Ethereum transfers...
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Fintech Focus For August 16, 2021
Sunday, August 15, 2021 - 1:12pm | 2685Quote To Start The Day: “The way that I manage risk has changed materially. I try as often as I can to think about multi-decade holding periods for the things that we own. In the moment, it is hard, but then you figure out guardrails to stay in an infinite mindset. If I’m thinking over...
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Fintech Focus For June 25, 2021
Thursday, June 24, 2021 - 4:24pm | 2854Quote To Start The Day: “Success is not final; failure is not fatal: It is the courage to continue that counts.” Source: Winston S. Churchill One Big Thing In Fintech: Eric Adams, the current front-runner in the 2021 New York City mayoral election in the Democratic primary, appears to...
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Fintech Focus For April 30, 2021
Thursday, April 29, 2021 - 6:45pm | 2175Quote To Start The Day: “My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system.” Source: Kenneth C. Griffin One Big Thing In Fintech: Per a CB Insights compilation of Q1 2021 fintech venture capital data from around the world, the...
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Fintech Focus For July 10, 2020
Friday, July 10, 2020 - 8:57am | 1814Daily Perspective: The market is not the economy. - Mike Loewengart Fintech Movers: The digital lending platform market was estimated at $4 billion in 2018. This number is expected to grow at a compounded annual growth rate of over 20% in the next 5 years, putting it at an estimated $17 billion by...
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TerraForm Power Upgraded By Goldman Sachs: 'We See Strong Visibility To Hit Growth Expectations'
Wednesday, September 12, 2018 - 2:23pm | 317Goldman Sachs is optimistic on the future of wind and solar power company TerraForm Power Inc. (NASDAQ: TERP) as regulatory and funding risks continue to fade. The Analyst Analyst Brian Lee upgraded TerraForm from Sell to Neutral and maintained an $11 price target. The Thesis TerraForm...
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DA Davidson Upgrades Akamai: 'Revenue From New Products Has Tripled In Just The Last Year'
Monday, September 10, 2018 - 3:12pm | 497D.A. Davidson has increased confidence in Akamai Technologies Inc. (NASDAQ: AKAM)'s strategic direction after a conversation with the cloud company's management. The Analyst D.A. Davidson's Mark Kelleher upgraded Akamai from Neutral to Buy and increased the price target from $...