Ethereum devs confirm epoch for Shapella fork

Daily Market Wrap

• Crypto market cap: USD 1.15T, up 1.79%
• BTC price stands at? USD 27,333.79, up 1.09%
• ETH price stands at? USD 1,779.22, up 3.63%
• Top gainer: Mask Network(MASK), up 16.92%
• Top loser: Neo(NEO), down 0.15%

News of the Day

Ethereum devs confirm epoch for Shapella fork

Why it matters:

• The upcoming Shasper upgrade for Ethereum, which will bring in significant changes to the network's consensus mechanism and scalability. The upgrade will be implemented via a hard fork, meaning that all nodes must update their software to remain on the correct blockchain.
• The article highlights that the development team is working on finalizing the upgrade, which includes integrating the Beacon Chain and the Proof-of-Stake consensus mechanism. These changes are expected to improve the network's scalability, security, and energy efficiency.
• With the confirmation of the "Epoch" for the Shasper fork, users can expect to see more information and updates regarding the upgrade. It also means that developers can start preparing for the fork, including updating their software and testing it in a testnet environment.

Crypto Daily Spotlight

Crunchbase taps AllianceBlock to boost novel applications in DeFi

Brief introduction: AllianceBlock is a decentralized, blockchain-based platform that aims to bridge traditional finance and decentralized finance (DeFi) ecosystems. The platform offers a range of services, including liquidity provision, yield farming, staking, borrowing and lending, and asset management.

Why it matters:

• Crunchbase has recognized the potential of DeFi to disrupt traditional financial systems and create new opportunities in the startup world. By partnering with AllianceBlock, they aim to equip their users with tools and resources to explore this emerging field.
• AllianceBlock's technology will offer features such as liquidity mining and yield farming to Crunchbase users, allowing them to participate in DeFi protocols and earn rewards. Additionally, the integration will enable users to access decentralized exchanges and other DeFi applications without leaving the Crunchbase platform.
• This partnership is significant for both Crunchbase and AllianceBlock. For Crunchbase, it opens up a new revenue stream and enhances its reputation as a forward-thinking platform that provides value-added services to its users. For AllianceBlock, it provides exposure to a broader customer base and expands its reach beyond the traditional DeFi user.

Daily Sector Tracker

Daily News Roundup

1. Circle announces USDC launch for Cosmos via Noble network
2. SBF banned from using online messengers under new bail agreement
3. China to upgrade national blockchain standards by 2025
4. F1 Team Adds Crypto Sponsor in Kraken After FTX, Tezos Exits
5. North Korean Hackers Use Cloud Mining Services to Launder Dirty Crypto

About Aspen Digital?

Aspen Digital is a leading technology and financial services company with a mission to accelerate the mass adoption of digital assets. The company provides a digital asset management solution for asset managers, institutions, and sophisticated investors. Aspen Digital was co-founded by digital assets innovators and asset management veterans at Everest Ventures Group (“EVG”) and TT Bond Partners (“TTB”) in 2021.

For more information, visit https://www.aspendigital.co/?

Sign Up on Aspen Digital

If you would like to know more, please sign up here.