Search results for "CORE"

Satoshi Action Fund CEO: Several Core developers do not run their own Bitcoin nodes.

Gate News bot news, Satoshi Action Fund CEO Dennis Porter posted on social media stating that Bitcoin core developers (Core Dev) admit that many Core developers do not run their own Bitcoin nodes.
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$CORE Surges 13% in increase following Getstable Sponsorship

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Core Scientific appoints former investment banker Jim Nygaard as its new Chief Financial Officer

ChainCatcher message, according to CoinDesk, BTC mining company Core Scientific, Inc. (CORZ) announced the appointment of senior investment banker Jim Nygaard as the new chief financial officer, who will officially take office on March 17. Nygaard has nearly 30 years of financial experience, and has worked at XMS Capital
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TON released the update plan for the first half of 2025, planning to launch Payment Network L2.

The TON Core team announced a major update to be launched in the first half of 2025, including Mainnet kernel update, validators tool, Toncenter API improvement, Payment Network L2 release, research on new features of Sidechain TOLK 1.0, support for $TON $BTC Teleport, and the introduction of new standards.
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Core Scientific: 6595 BTC Mined in 2024

Odaily Planet Daily News Core Scientific announced that it will produce 6595 BTC from Mining in 2024, of which 974 BTC will be produced in the fourth quarter.
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Jefferies analyst gives Core Scientific, an encryption mining stock, a 'buy' rating

Jefferies analyst believes that Core Scientific (CORZ) is worth buying with a target price of $19, and the stock price has risen over 300%. The company has signed a 12-year protocol with CoreWeave, with potential total revenue of up to $3.5 billion. It has already signed three contracts, and many technology companies will closely follow its development, which may stimulate more cooperation contract signings.
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Bitcoin Core releases a statement on Bitcoin core development and transaction relay strategy.

The Bitcoin Core Project declares that users can freely choose Bitcoin software and policies, rejecting mandatory updates. Developers are committed to optimizing software performance while introducing strategies in transaction relay to ensure the decentralization and fairness of transactions.
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Ripple RLUSD stablecoin rose by 76 million USD on Aave in four days.

Odaily News According to official data released, Ripple's RLUSD stablecoin has reached a deposit amount of 76 million USD in just four days since its launch on the Aave V3 Ethereum Core market. RLUSD was integrated into Aave on April 21, allowing users to deposit and borrow, showcasing rapid early adoption. RLUSD is backed 1:1 by reserves of US dollars and government bonds, focusing on Compliance and transparency, aiming to innovate cross-border payments through stablecoins, enhancing its presence in
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CORE breaks through 0.7 USD

Golden Finance reports that the market shows CORE breaking through 0.7 USD, currently quoted at 0.6914 USD, with a 24-hour rise of 21.7%. The market fluctuation is large, please ensure proper risk control.
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Microsoft plans to invest $10 billion in CoreWeave servers by 2030.

Microsoft plans to spend nearly $10 billion over the next decade renting servers from the artificial intelligence startup CoreWeave. CoreWeave expects its revenue to quadruple to about $8 billion next year, and both Microsoft and CoreWeave have not responded to the matter. CoreWeave has also signed a hosting contract with Core Scientific and plans to increase the total power of six sites to 500MW.
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Bitcoin mining companies Marathon Digital and Core Scientific are being sued over encryption patents.

PANews, June 3 news, according to Cointelegraph, Malikie Innovations has recently sued Bitcoin mining companies Marathon Digital and Core Scientific, accusing them of infringing its patent rights by using Elliptic Curve Cryptography (ECC) technology. The company acquired 32,000 "non-core" patents from Blackberry in 2023. The lawsuit claims that the defendant mining companies used the patented technology held by Malikie in their Bitcoin mining operations. Legal expert Aaron Brogan stated that such lawsuits typically do not target individual Bitcoin users, but may have a significant financial impact on the defendant mining companies, as they could face six years of royalty recovery if they lose. AMLBot's legal director Niko Demchuk believes that if the patent in question has expired or only covers Bitcoin EC.
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QCP Capital: BTC is currently stable above $102,000, and market sentiment leans towards call options

The release of DeepSeek's latest product by AI company caused market fluctuations, and both Wall Street and encryption stocks were suppressed, with the Nasdaq index falling 3% yesterday. At the same time, mining companies have also been affected by the safe-haven sentiment after transforming their facilities into high-performance computing data centers. BTC is currently stable, and the market sentiment is bullish on Options. This week will test whether the correlation between BTC and the stock market has weakened.
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RWAtokenizationprotocolHamilton completed a $1.7 million Pre-Seed round of financing

Hamilton completed a $1.7 million Pre-Seed round of financing, led by DisrupTech Ventures, with the aim of introducing tokenized assets into the protocol of Bitcoin. Hamilton will launch three flagship products: the USD-backed BTC native stablecoin HUSD, the tokenized US Treasury bond HUST, and the platform for tokenizing any asset, Publius.
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BTC mining company Core Scientific only sold 27% of its self-mined BTC in December last year, or resumed partial holding strategy.

Odaily Star Daily News BTC mining company Core Scientific liquidates 27% of BTC produced by its own Mining department, indicating that the company may recover at least part of its holding strategy after a comprehensive liquidation after two years. The company reported on Monday that it produced 291 BTC in December, sold 79 BTC, and made a total profit of $7.7 million. It is worth noting that Core Scientific has maintained zero BTC holdings since entering financial distress in November 2022. After exiting bankruptcy protection in early 2024, it continues to implement a comprehensive liquidation strategy. As of the third quarter of 2024, Core reported no digital assets on its balance sheet. However, the company has been selling less than since November last year .
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Clober: This attack is limited to the Liquidity treasury on Base, and Clober Core is not affected.

Odaily Planet Daily News According to Clober's post on X platform, "This security vulnerability is limited to the Liquidity pool on Base. We want to assure the community that Clober Core will not be affected, and Mitosis test network users can continue to use the platform with confidence." Earlier news, Clober Liquidity Treasury was attacked, with a loss of about 133 coins.
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Core Scientific plans to issue $500 million convertible preferred notes

Core Scientific issued a total of $500 million in notes to institutional buyers in a private sale, with the option to purchase Options, with a maximum additional purchase of $75 million. The net proceeds will be used for general corporate purposes.
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Core Foundation announces the upgrade and launch of Fusion, promoting new developments in BTC DeFi

Core Foundation announced the upgrade of Fusion, introducing dual stake and LstBTC, enhancing the yield of BTC stake and ensuring the long-term sustainability of the ecosystem. This upgrade promotes the integration of BTC with the Core ecosystem and solidifies Core's leading position in the BTCFi field.
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$ORBR price pumped by 60.93%, or influenced by the cooperation with Tom Talk gate News: Orbler (ORBR) announced a partnership with TomTalk on X, Tom Talk is the first Talk-to-Earn and Tap-to-Earn game on Core Blockchain. Due to this, the $ORBR price has risen by over 60%. According to the data from gate, the price of $ORBR has pumped by 60.93% in the past 24 hours, with the current price at $0.3466, market cap at $351.39M, and 24-hour volume of $9.78K.
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Sygnum encryption profit strategy products adopt the Luxembourg RAIF structure to enhance investor protection

Odaily Planet Daily News: Sygnum, a digital asset banking group, announced that it will transform its Yield Core AMC (a product that invests in cryptocurrency income generation strategies, including lending, financing arbitrage, and liquidity provision) into a Reserved Alternative Investment Fund (RAIF) structure in Luxembourg. This transformation aims to expand the international distribution potential of the fund, enhance investor protection, and strengthen its 'risk-reward profile', a move that has been accepted by 99% of existing investors. (Crowdfund
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Core Foundation launches a new developer incentive program Core Commit

On October 15th, Core Foundation launched a new developer incentive program Core.
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$EIGEN rises 12% as two Eigen markets are added to Morpho Labs vaults

Gate.io News: The price of $EIGEN, the native token of EigenLayer, has increased by 12% in the last 24 hours after two Eigen markets, EIGEN/USDC, LLTV: 77% and EIGEN/WETH, LLTV: 77%, are added to Morpho Labs vaults, Gauntlet USDC Core and Gauntlet WETH Core. EIGEN liquidity will be supported by these new markets.$EIGEN currently trades around $3.76 (EIGEN/USDT), with a market capitalization of $703.60M, and a 24-hour trading volume of $28.94M according to Gate.io trading chart.
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Onyx is about to restart the Gas Free program to incentivize stakers and voters

Onyx is about to launch two proposals to incentivize stakers and voters, as well as restart the Onyx Ambassador program to revive the Gas Free plan. Onyx has released proposal OIP-46, which suggests restarting Onyx Core as the main product together with XCN Staking to ensure governance and rewards, and running a closed loan protocol on Onyx Core that supports cross-chain interaction of encrypted assets, closing the loan market based on the Ethereum blockchain, and fully compensating all affected users.
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Mining company Core Scientific reported a net profit of 580.7 million USD in Q1.

According to BlockBeats news on May 8, Core Scientific, a publicly listed mining company in the United States, announced its financial performance for the first quarter of the fiscal year 2025. The net profit for the first quarter was $580.7 million, mainly from the market capitalization adjustments of the first and second batches of warrants and other contingent interests.
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Core Scientific, a Nasdaq-listed Bitcoin mining company, achieved a net profit of $580.7 million in Q1 2025.

ChainCatcher news, Nasdaq-listed Bitcoin mining company Core Scientific reported a net profit of $580.7 million for the first quarter (Q1) of 2025, doubling year-on-year, mainly due to $621.5 million in non-cash gains from warrant adjustments by market capitalization following last year's bankruptcy restructuring. Although revenue sharply decreased to $7.95 million year-on-year, the company is transforming to expand its high-performance computing business and has signed a large energy services agreement with CoreWeave, which is expected to bring in $360 million in revenue next year.
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Core Scientific reported a net profit of $580 million in the first quarter, mainly due to adjustments in the valuation of warrants.

PANews, May 8 - According to news, Nasdaq-listed Bitcoin mining company Core Scientific reported a net profit of $580.7 million in Q1 2025, doubling year-on-year, mainly due to $621.5 million in non-cash gains from warrant adjustments based on market capitalization after last year's bankruptcy reorganization. Despite a sharp year-on-year decline in revenue to $7.95 million, the company is transforming and expanding its high-performance computing business and has signed a large energy service agreement with CoreWeave, which is expected to bring in $360 million in revenue next year.
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$SYNT gains more than 13% following Integration with Core

$SYNT
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Pendle PT has officially launched as collateral on the Aave Core Market, with approximately $162.2 million in funds deposited.

According to BlockBeats news on May 1st, Pendle PT has officially launched as Collateral on the Aave Core Market. Within hours of the launch, the subscription limit of $150 million was sold out. The limit has now been increased to $250 million, with approximately $162.2 million of Pendle PT Collateral deposited, accounting for 65% of the total limit. Pendle PT is becoming a high-quality Collateral in various lending markets while providing a secure and stable fixed income.
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CoreWeave plans to reduce its IPO size to $1.5 billion.

AI startup CoreWeave plans to reduce its IPO scale to $1.5 billion, lowering the share price to $40. Previously, there were reports that it could go public with a $30 billion valuation. CoreWeave and Bitcoin mining company Core Scientific plan to invest $1.2 billion in expanding data centers in Texas, having signed a 12-year agreement for the expansion of AI data centers.
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CoreWeave may go public with a valuation of 30 billion USD.

Odaily News According to the disclosed IPO documents, cloud computing provider CoreWeave may go public with a valuation of $30 billion. It is reported that CoreWeave and Bitcoin mining company Core Scientific plan to invest $1.2 billion in expanding data centers in Texas, and the two parties have previously reached a 12-year agreement for the expansion of AI data centers. (The Information)
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Core Scientific's stock price surged 12% due to earnings reports and a $1.2 billion data center expansion plan

According to The Block, Nasdaq-listed company Core Scientific announced an expanded partnership with AI supercomputing company CoreWeave to expand its data center in Denton, Texas, expecting to bring in $1.2 billion in contract revenue. In response to this news, the company's stock price rose 12.29% in after-hours trading, increasing from $10.02 to $11.
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BTC mining company Core Scientific will invest $400 million to expand its Alabama data center

BTC mining company Core Scientific is expanding its high-performance computing business by leasing AUBix facilities in Auburn, Alabama, planning to invest over $400 million. The move is expected to bring in $1.5 million in annual tax revenue for the local area, with a 10-year lease. The company has resumed its holding strategy, with a BTC holdings exceeding 500 coins.
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Ethereum Foundation: The treasury funds will explore more possibilities such as ETH staking in the future

BlockBeats news, on February 13th, the Ethereum Foundation officially stated that '10,000 ETH has been deployed to Spark, 10,000 ETH to Aave Prime, 20,800 ETH to Aave Core, and 4200 ETH to Compound. More to come in the future, including exploring stake.'
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TON Core releases roadmap for the first half of 2025, including Accelerator Mainnet upgrade, etc.

TON Core released the roadmap for the first half of 2025, including Mainnet upgrade, providing new tools for validators, updating Toncenter API, collaborating with community products, releasing Layer2 Payment Network, sidechains research, etc. It will also launch a new version of TOLK 1.0 programming language and assist in launching TON BTC Teleport.
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Core Scientific: 314 BTC produced in November Mining

Odaily Planet Daily News Nasdaq-listed BTC mining company Core Scientific has released unaudited production and operation updates for November 2024, revealing that it produced 314 BTC in November, and operated approximately 172,000 BTC Mining Rigs in data centers by the end of the month for self-mining and hosting, with a total computing power of 20.3
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CoinShares: The average cash cost of Bitcoin mining for publicly listed mining companies in Q4 last year was $82,162.

In the fourth quarter of 2024, the average cash cost of Bitcoin mining for listed miners rose to $82,162, an increase of 47% quarter-on-quarter. The network computing power reached a record high of 900 EH/s and is expected to exceed 1 ZH/s in July 2025. In the face of increased competition, mining companies are transforming into data centers and high-performance computing hosting businesses, such as Core Scientific allocating 43% of its capacity to artificial intelligence and Cipher Mining planning to use 35% of its capacity for artificial intelligence.
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Korean accomplice KODA integrates Bitcoin PoS network Core

PANews reported on March 21 that KODA, South Korea's largest accomplice, announced on March 20, 2025, support for the Bitcoin scaling chain Core, becoming its first Bitcoin PoS network partner. Through this integration, South Korean institutional investors can use Core's native Token CORE and participate in Bitcoin yield products within a compliance framework.
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ETH developers reached Consensus to accelerate protocol upgrade pace to push forward the roadmap

ETH developers reached Consensus at the 'All Core Devs' meeting to accelerate the deployment of future protocol upgrades. The community supports speeding up the fork pace, and the Pectra upgrade launched in April is the largest ever, including 20 Ethereum Improvement Proposals. The Pectra system contract will go live on the Mainnet on February 17th.
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Since June, seven listed BTC mining companies have raised $5.2 billion through convertible bonds.

ChainCatcher news, since June this year, seven listed BTC mining companies have raised a total of 5.2 billion US dollars through convertible bonds. 70% (i.e. 3.6 billion US dollars) of which was raised in the past four weeks. MARA and Core Scientific have raised over 2.4 billion US dollars in the past few weeks through zero-interest convertible bonds, of which MARA alone has raised 1.85 billion US dollars. The conversion prices of both companies are about higher than the average stock price at the time of issuance.
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TON Foundation announces the launch of a new governance model Society DAO

TON Foundation has launched a governance model, Society DAO, to strengthen its ecosystem. Members include TON Core, TON Studio, TON Society, and Telegram Wallet. Society DAO will release ecosystem targets, assess strategies, and the Foundation will provide funding for plans, while community teams will be responsible for progress and performance. Initial goals include positioning TON as a cryptocurrency portal, a stable and scalable blockchain, and developing developer and user communities in the super app market.
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Onyx Protocol: Initiating a proposal to shut down the ETH-based lending market and planning to fully compensate stolen user funds

Onyx Protocol has released proposal OIP-46 to restart Onyx Core, operating as a closed lending protocol and supporting lending for Non-fungible Tokens (NFTs) and Real World Assets (RWAs). This action will close the lending market on the Ethereum blockchain and fully compensate all affected users by providing a 1:1 payment of the assets offered.
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JPMorgan Report: Bitcoin mining companies lost $6 billion in market capitalization in March

gate News bot message, according to Decrypt reports, the latest report released by JPMorgan shows that March 2024 will be the worst month for Bitcoin mining performance. The total market capitalization of 14 US-listed mining companies, including MARA and Core Scientific, fell by 25%, totaling a decrease of about $6 billion. This follows another significant decline after a market capitalization drop of over 20% in February. The report shows that the price of Bitcoin fell from $109,000 on January 20 when Trump took office to $85,000, a decline of 22%. During the same period, the increase in mining difficulty led to a decrease in profits for mining companies. Some mining companies have begun to transition to AI data center operations, but in the past two months, these transitioning companies have performed worse than those focused on mining.
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JPMorgan: The market capitalization of 14 listed Bitcoin mining companies shrank by 25% in March, marking the worst month in history.

PANews April 2 news, according to Decrypt, JPMorgan stated in a report on Tuesday that Bitcoin miners continue to face challenges, as 14 listed mining companies in the sector collectively experienced the worst month on record in March. The Bitcoin miners tracked by them, including companies like MARA and Core Scientific, saw a total market capitalization shrink by 25% last month, amounting to about $6 billion. Additionally, the report noted that companies with high-performance computing businesses "underperformed pure Bitcoin miners for the second consecutive month." Data from JPMorgan shows that these 14 listed miners also performed poorly in February, when their total market capitalization lost more than 20%, amounting to approximately $6 billion.
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Core Scientific is planning to collaborate with CoreWeave to expand its data center located in Denton, Texas, with an investment of $1.2 billion.

Golden Finance reported that Core Scientific (CORZ) saw a big pump in its stock price after hours on Wednesday, rising by over 11%, as the data center and BTCMining company announced it is planning to collaborate with CoreWeave to expand its data center in Denton, Texas, by $1.2 billion to support artificial intelligence (AI) and high-performance cloud computing (HPC). The statement said that the additional 70 megawatts (MW) of contracted power at the Denton data center will increase the total critical IT load to approximately 260 megawatts.
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Core launches the 2025 Game Hackathon, offering $380,000 in prize money for developers.

Core Foundation launches Core 2025 Game Hackathon, offering a prize pool of $380,000, lasting for four weeks, requiring participants to build high-performance, decentralized games on CoreBlock on-chain, exploring more possibilities of BTC in the gaming field. The track categories include casual games, social PvP games, and puzzle games.
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Core Scientific: Mining output of 256 BTC in January

ChainCatcher news, Nasdaq-listed BTC mining company Core Scientific released its production and operation update report for January 2025, disclosing that 256 BTC were produced in January, compared to 291 BTC in the previous month.
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Telegram and TON Core launch a competition for developers, and outstanding participants can join both teams

Odaily Planet Daily News Telegram founder Pavel Durov announced that Telegram and TON Core have launched a new competition for developers, with a prize of up to $200,000. This is just the first round of the competition. Outstanding participants will have the opportunity to join the Telegram team or the TON Core team, and their competition code can also be used to improve TON.
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Core Foundation collaborates with Solv Protocol to launch SolvBTC.CORE, providing income opportunities for BTC holders on the Core chain

Core Foundation collaborates with Solv Protocol to launch SolvBTC.CORE, which marks an important milestone in the development of BTC stake. SolvBTC.CORE is the first on-chain BTC flow stakeToken with real profits in Core on-chain, providing innovative revenue opportunities and multifunctional applications for BTCholders. Users can obtain stake revenue through Solv Protocol and participate in Core Ignition Drop on-chain incentive activities, enjoying Sparks gains and gamified experience. This release will accelerate the expansion of Core BTCFi and unlock long-term revenue and more reward opportunities for BTCholders.
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Hyperscale Data, a company listed on the NYSE: Mining, has produced 640 BTCMining coins so far this year.

Golden Finance reported that Hyperscale Data, a company listed on the New York Stock Exchange, announced that as of November 26, 2024, the BTCMining output of the company reached 640 BTC, of which about 380 BTC were mined at the company's mining facility in Michigan, and the remaining about 260 BTC came from Core Scientific previously.
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Stacks Foundation: Nakamoto testnet hard fork successfully activated, weekend may reset to eliminate some issues

The Stacks Foundation announced that the Nakamoto Testnet Hard Fork has been successfully activated, but the Testnet may be reset over the weekend to eliminate bugs. Core developers are working hard to address the issues and plan to release updates on the details of the Hard Fork before October 4th.
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