Upgrade Financial News
01.01 / 16:13
inflation
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Fiat Money
Bitcoin
Rewind 2022: A crypto roundup of the year and stepping into 2023
Stepping into the year 2023, it's time to pause and reflect on the accomplishments and struggles the global crypto community witnessed over the last 365 days. Starting from the very beginning of 2022, no investment strategy could help recover the falling portfolios across traditional and crypto ecosystems. January 2022 inherited a slightly collapsing market, wherein investments made on 2021 all-time high prices resulted in immediate losses.
13.07 / 09:41
business
Blockchain
Polygon
Tokens
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Polygon proposes upgrading MATIC into a multipurpose token for all chains
Ethereum layer 2 development firm Polygon proposed upgrading its in-house MATIC (MATIC) token into a multipurpose token that can be used to validate multiple chains.
13.07 / 04:01
business
Blockchain
Binance
Altcoin
security
layer2
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BNB Beacon Chain hard fork adds 'panic' feature that can 'halt' blockchain
The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the production of new blocks if certain conditions are met.
06.07 / 10:27
12.06 / 22:05
business
Blockchain
Technology
Polygon
Web3
Decentralization
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Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of the internet, which the company says will allow users “to create, exchange, and program value.”
16.05 / 07:11
Blockchain
Ethereum
Scalability
layer2
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zk-Rollup
Optimism’s major ‘Bedrock’ upgrade set for June 6
Layer 2 scaling solution Optimism is set to undergo its highly anticipated Bedrock upgrade on June 6. The move is expected to result in significantly reduced transaction fees, provide greater network security and enhanced compatibility with Ethereum.
13.05 / 21:39
Blockchain
Ethereum
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Ethereum's Beacon Chain is updated after finality issues
Ethereum core developers rolled out patches for Prysm Labs and Teku clients as a response to two Beacon Chain finality issues within a 24-hour period. The Beacon Chain serves as the consensus layer for the Ethereum network.
13.04 / 10:15
Blockchain
Ethereum
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Staking
Ethereum Shapella upgrade: Community celebrates as update goes live on mainnet
The much-awaited Shapella update on Ethereum has gone live, paving the way for new features such as the unstaking of Ether (ETH). Members of the community celebrated with various responses to the newest update in the Ethereum ecosystem.
11.04 / 02:45
Blockchain
Adoption
NFT
Software
community
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Bitcoin
BUG
Bitcoin Ordinals community debates fix after inscription validation bug
A few solutions are being discussed to fix a code bug found in the Bitcoin (BTC)-native Ordinals protocol which has prevented over 1,200 inscriptions from being validated.
29.03 / 08:09
business
Hackers
hacks
Altcoin
YouTube
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Ponzi scheme
BUG
Jake Paul-endorsed SafeMoon gets hacked after introducing a bug in upgrade
SafeMoon, a project previously endorsed by A-list celebrities and social influencers such as Jake Paul and Soulja Boy, announced its liquidity pool (LP) was compromised. Without revealing further details about the attack, SafeMoon confirmed undertaking steps “to resolve the issue as soon as possible.”
16.03 / 15:11
Blockchain
Ethereum
Upgrade
Staking
Coinbase expects high demand for ETH unstaking with Shanghai upgrade
Ether (ETH) stakers who have had their holding locked up during the Ethereum Merge event might soon have access to unstaking.
10.03 / 17:21
Ethereum
Adoption
defi
Ether price
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Ethereum Price
Next stop Shanghai — Ethereum’s latest milestone approaches
The Ethereum ecosystem will continue its ongoing metamorphosis as the highly anticipated Shanghai upgrade draws near. The latest preeminent smart contract blockchain protocol improvement will activate Ether (ETH) withdrawals from Ethereum’s Beacon Chain.
03.03 / 18:35
Blockchain
Ethereum
DApp
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ConsenSys
Dapps
zk-Rollup
Testnet
zkEVM
ConsenSys zkEVM set for public testnet to deliver secure settlements on Ethereum
ConsenSys has announced the upcoming release of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to a public testnet on March 28, allowing for stress testing of the layer-2 scaling technology.
01.03 / 12:03
Blockchain
defi
solana
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Solana plans to improve its blockchain: Here’s how
The Solana network experienced a noticeable slowdown in block production after its most recent 1.14 network update on Feb. 25. In an immediate response to transaction disruptions, validators downgraded the software to up performance levels.
11.02 / 01:01
Blockchain
Ethereum
Upgrade
Proof-of-stake
Staking
Fork
Ethereum's Shapella transition is "on the horizon"
The Ethereum Foundation team announced another milestone on the road to the Shanghai upgrade, with the Shapella fork on the Zhejiang testnet moving into the final pre-launch sequence, according to a blog post on Feb 10.
24.01 / 00:57
Ethereum
Ethereum 2.0
Upgrade
Staking
Withdrawals
Ethereum devs create 'shadow fork' to test conditions for Ether withdrawals
As the proposed date for the Ethereum Shanghai update draws closer, developers have created a testing environment called a “shadow fork,” according to a January 23 tweet thread by Go-Ethereum developer Marius Van Der Wijden. The new testnet appears to have been created in order to test the conditions needed for Ether (ETH) staking withdrawals, which are currently disabled but are intended to become enabled in the update.
25.12 / 17:15
Adoption
security
Liquidity
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1inch launches Fusion upgrade to improve swap security and profitability
Leading decentralized finance (DeFi) aggregator 1inch Network announced a major upgrade — Fusion — around its 1inch Swap Engine. The Fusion upgrade aims to deliver cost-efficient, secure and profitable swaps for crypto investors.
15.12 / 02:53
defi
lending
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Maple Finance 2.0 overhaul aimed at speeding up the defaulting process
Maple Finance is a decentralized credit market powered by blockchain technology. Instead of requiring overcollaterlization of loans, it instead allows managers, called “Pool Delegates” to issue loans from its lending pools based on a set of risk-management criteria, according to the protocol’s documents.
10.12 / 00:07
business
Adoption
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Bitcoin
A year after Taproot, Bitcoin community works to unlock its DeFi potential
Taproot support across the industry is still crawling one year after the Bitcoin soft fork, indicating a strong potential for innovation and broader adoption of Web3 solutions to be unlocked through the world's largest cryptocurrency, sources told Cointelegraph.
09.12 / 06:47
Ethereum
Developers
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What's in and what's out for Ethereum's Shanghai upgrade
Ethereum core developers have opted to prioritize the enabling of staking withdrawals via the Shanghai upgrade first before implementing The Surge-related Ethereum Improvement Proposal (EIP)-4884.
25.11 / 02:09
business
Blockchain
Upgrade
Ethereum developers decided on eight proposals for the Shanghai update
Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge and its move to proof-of-stake consensus, announced the Ethereum Foundation on Nov. 24.
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