The VR Soldier editors have compiled the main events of this week into one article, beginning with the Ethereum dencun update, Cardano launch of a stablecoin, and experts predictions that the value of InQubeta (QUBE) may reach unexpected heights.
Ethereum Dencun Update – March 13th
This Wednesday, the long-awaited Dencun update will be deployed on the Ethereum mainnet. The new product has already been successfully activated in all testnets (Goerli, Sepolia and Holesky), and on the main network it will work in epoch 269568. Ethereum developer Tim Beiko announced this in his X-account.
Blobs are coming .oO
Dencun is scheduled for mainnet activation at epoch 29696, occurring March 13 at 13:55 UTC. See the announcement below for client release versions and other useful info about the upgrade 🤖https://t.co/9Wa3Y5M5k4
— timbeiko.eth ☀️ (@TimBeiko) February 27, 2024
The main feature of the new product is proto-dunksharding and the ability to create “blobs”, which are designed to increase network throughput and reduce transaction costs in the L2 network.
You can read more about all the technical features on the official Ethereum blog. Ordinary Ethereum users and ETH hodlers will not need to prepare in any way for the upcoming update. But stakers and node operators will need to update their software before Dencun is deployed.
Stablecoin from Cardano on March 16th
This Saturday, popular crypto project Cardano will launch USDM, its first fiat stablecoin . This was reported in the official X-account of the initiative.
It is known that USDM will be pegged to the US dollar. Initially, the new product will be available in 19 US states.
$USDM – Cardano’s Premiere Fiat-backed Stablecoin – Target launch date in 19 U.S. states on 16 March 2024 https://t.co/nJwuQsGnSk
— $USDM Launching Soon (@MehenOfficial) January 14, 2024
Together with the two main cryptocurrencies, Cardano is also showing impressive growth . Over the same period, ADA strengthened by 29.9%. At the beginning of the month, the asset was trading at $0.48. At the time of writing, the figure is $0.74, according to coinmarketcap
Experts: “InQubeta (QUBE) considered as the best DeFi coin to invest in this year”
InQubeta has emerged as a darling among cryptocurrency investors as its presale raises over $11.5 million with three more stages to go. It’s been a lucrative venture for early backers thus far, yielding them 220% returns.
QUBE is presently valued at $0.0224 per token and its supply is capped at $1.5 billion. Prices are expected to skyrocket as much as 10,000% once the presale concludes and tokens can be traded on exchanges.
InQubeta’s investment ecosystem situates it at the crossroads of blockchain technology and artificial intelligence: two of the most disruptive tech revolutions launched in the past couple of decades. Investments in AI are surging exponentially and InQubeta aims to tackle the fundraising challenges startups in the space encounter.
InQubeta shares the Ethereum network’s functionality, enabling startups to create non-fungible tokens that serve as digitized proof of investment opportunities being offered to those who are willing to aid in funding these companies.
NFTs are appended to the ERC20 token list and QUBE holders can secure equity in AI startups by acquiring their NFTs with QUBE. They can retain these tokens for as long as they desire or resell them on the NFT marketplace whenever they opt.
