On Monday, March 3, 2025, two significant events are poised to influence the cryptocurrency landscape:
Conflux Network's v2.5.0 Testnet Hardfork Upgrade
Conflux Network is set to implement a hardfork upgrade to its v2.5.0-testnet. This upgrade is scheduled to occur before the network reaches epoch number 208160000, estimated around March 3, 2025. The primary objective of this upgrade is to address a critical security issue, ensuring the network's robustness and reliability. Node operators and miners are required to update their nodes promptly to maintain compatibility with the network. Failure to do so may result in nodes becoming out of sync, potentially disrupting operations.
SEC's Decision Deadline on Bitwise 10 Crypto Index Fund
The U.S. Securities and Exchange Commission (SEC) has extended its review period for the Bitwise 10 Crypto Index Fund's application to become an exchange-traded product (ETP). The new deadline for the SEC's decision is March 3, 2025. This fund aims to provide investors with diversified exposure to the top ten cryptocurrencies by market capitalization, including Bitcoin, Ethereum, Solana, XRP, and Cardano. The SEC's forthcoming decision is highly anticipated, as approval could mark a significant milestone in the integration of cryptocurrency investment vehicles into traditional financial markets.
These developments underscore the dynamic nature of the cryptocurrency sector, highlighting ongoing technological advancements and the evolving regulatory environment.
#KeyEvents #today #BinanceAlphaAlert #TrendingTopic #BinanceSquareFamily