EOS Network Upgrades to Bring 1-Second Transaction Finality
EOS Network completed its Spring 1.0 hard fork, which added 1-second transaction finality. The EOS Network declared on September 25 that the switch to Antelope Spring 1.0 represents a significant advancement for both the network and the larger cryptocurrency market. EOS now offers transaction finality 100 times faster than its prior incarnation because of the […]
Hermetica Expands Stablecoin USDh to Stacks L2
USDh, a stablecoin backed by Bitcoin, debuts on Stacks L2 with new DeFi features. A big step forward for Bitcoin-based decentralized finance has been made by Hermetica by extending their stablecoin, USDh, to the Stacks Layer 2 network. According to a press statement, this action enables users to hold USDh, a stablecoin entirely backed by […]
OpenAI Restructures Business Model—What’s For Sam Altman?
OpenAI is restructuring its business model to become for-profit, with insiders speculating that Sam Altman may acquire a stake worth $150 billion. Artificial Intelligence (AI) leader OpenAI is undergoing a significant restructuring that will remove its current non-profit status. The company is shifting toward a for-profit model, and its former non-profit board will no longer […]
Solana Could Reach $330, Capturing 50% of ETH Market Cap
Retail investors are recognizing Solana’s potential as a rival to Ethereum in smart contracts. According to research published by VanEck on September 25, Solana’s superior speed and transaction processing metrics are the primary factors driving the prediction that it may reach $330 and balloon to 50% of Ethereum’s current market capitalization. Solana Edging Over Ethereum […]
PayPal Launches Crypto Services for US Businesses
This feature marks a significant advancement in PayPal’s integration of digital assets into its financial ecosystem. With the recent announcement of a significant update to its infrastructure, PayPal has made it possible for merchants in the United States to buy, hold, sell and transfer cryptocurrencies directly from their PayPal business accounts. This new function expands […]