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Day: January 26, 2022

Jan 26
Eth2 is no more after Ethereum Foundation ditches name in rebrand

“By removing Eth2 terminology, we save all future users from navigating this confusing mental model,” the Ethereum Foundation stated. 1830 Total views 10 Total shares The Ethereum Foundation has removed all references to Eth1 and Eth2 in favor of calling the original blockchain the “execution layer” and the upgraded Proof of Stake chain the “consensus […]

Jan 26
API data reportedly show weekly U.S. supplies down for crude, up for gasoline

The American Petroleum Institute reported late Tuesday that U.S. crude supplies declined by 872,000 barrels for the week ended Jan. 21, according to sources. The API also reportedly showed a weekly inventory climb of 2.4 million barrels for gasoline, while distillate supplies fell by 2.2 million barrels. Crude stocks at the Cushing, Okla., delivery hub […]

Jan 26
IMF urges El Salvador to remove Bitcoin's status as legal tender

According to the IMF’s executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection. 2082 Total views 10 Total shares Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender. […]

Jan 26
Biden to meet Wednesday with CEOs of GM, HP, other companies as he tries again to push Build Back Better Act

President Joe Biden is slated to meet Wednesday with CEOs from a number of companies as he tries again to push for passage of his social-spending and climate bill, according to multiple published reports. General Motors GM, -1.41% CEO Mary Barra, Ford F, -2.01% CEO Jim Farley, Microsoft MSFT, -2.66% President Brad Smith, Salesforce.com CRM, […]

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