The Circle (CRCL) stock surged an additional 20% on Friday, and is already up by 700% since its IPO earlier this month. Despite these massive gains, billionaire investor Chamath Palihapitiya noted that the stablecoins firm’s employees lost nearly $3 billion, as the company had to go for a traditional IPO route instead of SPAC merger. This is because the company employees have to sell 14.4 million shares from their holdings to proceed with the IPO.
Ethereum’s Major Developers Meeting Has Ended – Critical Date Announced
Ethereum core developers discussed a number of important technical topics at the 214th Executive Level Developer Meeting (ACDE). According to Christine Kim’s meeting summary, developers focused specifically on the upcoming Fusaka upgrade, new EIPs, and testing plans. The prominent decision of the meeting was that Fusaka Devnet 2 will be...
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