Asian shares showed mixed results following a lackluster finish on Wall Street, with Japan’s Nikkei 225 rising 0.3% while Hong Kong’s Hang Seng fell 0.3%. U.S. stock indexes also had a mixed day, with the S&P 500 inching up 0.8% after a four-day losing streak, while concerns about inflation and consumer spending persist. In commodities, U.S. crude oil rose to $68.90 per barrel, while the euro slipped against the dollar.
about Asian Markets Mixed Following U.S. Stock Performance and Economic ConcernsHuang
0 posts last weekEthereum’s Future at Risk Due to Slow Development Updates
Paradigm has urged Ethereum developers to accelerate updates, arguing that the current pace of one major upgrade per year risks the platform’s competitiveness. They identify ossification—deliberately slowing progress to maintain decentralization—as a significant barrier to improvement. This call for faster innovation comes amid growing discontent within Ethereum’s leadership, highlighted by core developer Eric Conner’s recent departure, raising concerns about the project’s direction.
about Ethereum's Future at Risk Due to Slow Development UpdatesParadigm calls for faster Ethereum updates to maintain competitive edge
Paradigm has urged Ethereum to accelerate its update cycles to remain competitive against faster platforms, warning that slow progress could lead to user and developer attrition. The firm highlights ossification as a significant barrier to innovation, advocating for more frequent upgrades to adapt to market changes while maintaining core values. Despite internal challenges and leadership changes, Paradigm remains optimistic about Ethereum’s potential for improvement through focused enhancements and empowering its developers.
about Paradigm calls for faster Ethereum updates to maintain competitive edgeParadigm Urges Ethereum to Accelerate Update Cycle for Competitive Edge
Paradigm has urged Ethereum to accelerate its update cycle, arguing that the current annual pace hinders innovation and competitiveness. Co-founder Matt Huang and his team identified inertia and ossification as key barriers, warning that slow updates could lead to centralization risks as users migrate to more agile platforms. They advocate for leveraging Ethereum’s resources to implement noncontroversial improvements, ensuring the network adapts to market demands while preserving its core values.
about Paradigm Urges Ethereum to Accelerate Update Cycle for Competitive EdgeTop Investor Warns Against Investing in Rigetti Computing Stock
Rigetti Computing’s stock has plummeted 51% following Nvidia CEO Jensen Huang’s prediction that commercial quantum applications are two decades away. Top investor Michael Wiggins De Oliveira warns against investing in Rigetti, citing unpredictable growth rates and potential negative Q4 revenues, while analysts maintain a Strong Buy consensus despite a projected 42% downside in the average price target.
about Top Investor Warns Against Investing in Rigetti Computing StockStock Market Update: Nvidia and Micron Surge Amid Positive Developments
Dow futures are struggling as traders await jobs data. Nvidia shares rose 1.5% following CEO Jensen Huang’s positive CES speech, while Micron Technology surged nearly 6% after being mentioned as a memory supplier. Carvana and Uber Technologies also saw gains of 4% and over 3%, respectively, with Carvana’s rating upgraded and Uber collaborating with Nvidia on autonomous driving.
about Stock Market Update: Nvidia and Micron Surge Amid Positive Developments