10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

Ethereum Pectra Upgrade Goes Live, Maximum Stake Limit Expanded to 2,048 ETH



The recent Pectra upgrade on May 7th significantly enhances the Ethereum network for validators. A key change is the increased staking limit, now allowing validators to stake up to 2,048 ETH tokens, a substantial jump from the previous 32 ETH limit.

This increase allows validators to earn significantly higher staking rewards, providing a more lucrative and engaging experience for those contributing to the network’s security and operation. The upgrade aims to incentivize participation and bolster the Ethereum ecosystem.

Beyond validator benefits, Pectra is also expected to empower developers. Reports suggest that the upgrade will improve the scalability of decentralized applications (dApps) built on the Ethereum blockchain. This promises to foster innovation and expand the capabilities of the Ethereum platform for a wider range of applications.



Source link

by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link