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7:00-12:00: The Latest Happenings In The Crypto World

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7: 00-12:00 Keywords: Mina, Arthur Hayes, Foundry USA, Bedlock Upgrade
Summary of important updates during the afternoon on April 7th
As the world awakens to a new day, the crypto

7:00-12:00: The Latest Happenings In The Crypto World

7: 00-12:00 Keywords: Mina, Arthur Hayes, Foundry USA, Bedlock Upgrade

Summary of important updates during the afternoon on April 7th

As the world awakens to a new day, the crypto market is just getting started. The past few hours have been busy for many players in the industry, with some exciting developments taking place. In this article, we’ll take a closer look at some of the most noteworthy happenings between 7:00-12:00 in the crypto world, including updates from Mina, Arthur Hayes, Foundry USA, and the highly anticipated Bedlock upgrade.

Mina’s Mainnet Goes Live

The much-awaited Mina mainnet finally went live at approximately 7:40 AM EST. Mina is a highly anticipated cryptocurrency platform that offers privacy and scalability features not found in other networks. Its mainnet launch signifies the beginning of a new era for the network, which is expected to compete with other privacy-focused cryptocurrencies such as Monero and Zcash.

Arthur Hayes’ New Crypto Venture

At around 8:30 AM EST, news broke that former BitMEX CEO Arthur Hayes had launched a new cryptocurrency derivatives exchange. The new platform, named “Billion Dollar Exchange” (BDE), aims to offer traders a safer and more regulated trading experience. Hayes has stated that BDE will offer a wide array of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

Foundry USA Acquires Stake in New Bitcoin Mining Pool

Foundry USA, a subsidiary of Digital Currency Group, has acquired a stake in a new Bitcoin mining pool known as Compute North. The pool aims to be a more sustainable mining solution and will reportedly utilize unused energy from oil and gas operations. Compute North is expected to provide new mining opportunities for Foundry USA customers, many of whom have had difficulty finding reliable mining solutions in recent months.

Bedlock Upgrade Goes Live on Ethereum

The much-awaited Bedlock upgrade on the Ethereum network finally went live at approximately 11:15 AM EST. The upgrade aims to overhaul the network’s transaction processing system, allowing for faster and cheaper transactions. While the upgrade was met with some technical difficulties initially, developers were quick to address the issues and the network is now functioning as expected.

Conclusion

The past few hours have been eventful for the crypto industry, with some exciting developments taking place. From Mina’s mainnet launch to the Bedlock upgrade on Ethereum, it’s clear that the industry is moving forward at a breakneck pace. Arthur Hayes’ new crypto venture and Foundry USA’s acquisition of a stake in Compute North also show that the industry is experiencing sustained growth.

FAQs

1. What is Mina and why is its mainnet launch significant?
Mina is a cryptocurrency platform that offers privacy and scalability features. Its mainnet launch signifies the beginning of a new era for the network, which is expected to compete with other privacy-focused cryptocurrencies such as Monero and Zcash.
2. What is the Bedlock upgrade on Ethereum?
The Bedlock upgrade on Ethereum aims to overhaul the network’s transaction processing system, allowing for faster and cheaper transactions.
3. What is Foundry USA and why did it acquire a stake in Compute North?
Foundry USA is a subsidiary of Digital Currency Group. It acquired a stake in Compute North, a new Bitcoin mining pool, in order to provide new mining opportunities for its customers, many of whom have had difficulty finding reliable mining solutions in recent months.

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