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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 14:59
    Ethereum ACDE Meeting: Decision to Remove EIP 7907 from the Fusaka Upgrade
    Odaily Planet Daily – According to the minutes of the 216th Ethereum All Core Developers Execution (ACDE) meeting summarized by Christine Kim, developers today decided to remove EIP 7907 from the Fusaka upgrade. This means that, for the foreseeable future, there will be no changes to the size limit of Ethereum smart contract code. A version of this EIP may be re-proposed for the Glamsterdam hard fork, but there is no guarantee it will be included in the next hard fork. In addition, Tim Beiko shared a possible timeline for Fusaka’s mainnet launch at the meeting. The proposed schedule is as follows: 1. Client public testnet release: the week of August 25; 2. First public testnet upgrade: September 22 to October 3; 3. Second testnet upgrade: October 6 to 10 (UTC+8). Furthermore, developers plan to launch Fusaka Devnet-3 on July 23 (UTC+8).Regarding the Glamsterdam hard fork, developers have generally reached a consensus on the planned implementations. However, there are still several key issues under discussion regarding how to implement the “proposer-builder separation solidification mechanism” and “block-level access lists” in the fork. After further soliciting feedback from the broader Ethereum community, developers plan to make a final decision on the core code changes for the Glamsterdam upgrade within the next two to four weeks.
  • 14:59
    Aguila Trades Closes 20x Leveraged BTC Long Position, Switches to 15x Leveraged ETH Short Position
    Odaily Planet Daily News: According to monitoring by Onchain Lens, trader Aguila Trades has closed their 20x leveraged BTC long position and instead opened a 15x leveraged ETH short position. The entry price was $3,593.92, with a liquidation price of $4,091.77.
  • 14:37
    Bitwise CIO: The CLARITY Act Could Reshape Crypto Asset Valuation Like the Treasury Market
    According to a report by Jinse Finance, Bitwise Chief Investment Officer Matt Hougan stated that the U.S. House of Representatives passed two landmark bills on Thursday. One of them, the CLARITY Act, provides clear definitions for digital assets and delineates regulatory responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Meanwhile, another piece of legislation called the GENIUS Act has become the first federal-level crypto law in U.S. history, establishing nationwide standards for the issuance and regulation of stablecoins. This has prompted institutional investors and market analysts to reconsider the future valuation, trading methods, and structural design of digital assets. After the bills were passed, Matt Hougan commented on their impact on the digital asset market. He noted that, in particular, the CLARITY Act could introduce an entirely new pricing mechanism for crypto assets, similar to the valuation methods used for bonds in traditional finance (TradFi).
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