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IOG Shares Vasil Hard Fork Progress, Anthony Scaramucci Admits His BTC Mistake, Cardano Hits New Uptime Milestone: Crypto News Digest by U.Today

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The past weekend brought many important updates to the crypto industry. Let’s get into the details with the top four Cryptooshala news stories.

IOG Cardano talks about the progress of the Vasil hard fork

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Since there is only one week left until the estimated launch date of the Vasil mainnet, IOG team shared an update on the achievements of the hard fork. The IOG team has started work on node version 1.35.1, which fixes an issue with snapshot playback. The Cardano testnet explorer and other dependencies also received updates after the new node. Work also continued on pipelining and adding tests to improve confidence and prevent regression. In the meantime, IOG is working on the upcoming release of node v.1.35.2, which aims to improve and fix bugs found in previous versions of nodes during testing of Vasil.

Anthony Scaramucci Admits His Bitcoin Mistake

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SkyBridge founder Anthony Scaramucci recently admitted to a CNBC host that, in retrospect, he believes betting big on Bitcoin was a “mistake” in the short term. However, in the long term, Scaramucci remains optimistic about the largest cryptocurrency, saying he thinks the Fed could change its policy by the end of the year. During a recent interview, an investor noted the “exponential” growth in the number of bitcoins. “Much” finds it hard to believe that cryptocurrencies will not be part of the future.

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Cardano hits a new milestone: 1760 days without crashes

Cardano marks another milestone of uptime. Unlike networks that experience outages from time to time, the blockchain has been running smoothly for almost five years (or 1760 days), despite many periods of extremely high loads. Cardano owes its stable performance to being one of the fastest growing networks in the entire industry, reaching 350 GitHub commits for the project in June. This high developer activity is also due to the lack of existing technologies and solutions on the network, making it an unplowed field. for developers who are porting their decentralized solutions from other networks to Cardano.

XRP stays ahead of other altcoins with big gains this week

According to Santiment, over the past week XRP Token has reached several important milestones, one of which is several major active wallets that have started moving their coins. In addition to this, several large dormant XRP wallets have also begun moving their XRP stash. Meanwhile, tracker WhaleAlert recorded a total of 374.5 million XRP on Thursday, July 21st, with the largest portion of the cryptocurrency being 155,000,000 tokens. In this series of transfers, FTX transferred 63,501,812 coins to BitGo and Bitstamp transferred 46,075,670 XRP to the same destination. In addition, major US exchange Bittrex transferred 60,000,000 and 50,000,000 to Bitstamp and Bitso, respectively. The aforementioned transfer of 150 million XRP was made from Binance to Bittrex.



Credit : u.today

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