Taproot activates, K-pop enters the Metaverse and Staples Center becomes Cryp...
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekThe Bitcoin network welcomes Taproot soft fork upgrade The Bitcoin (BTC) network underwent its first major upgrade since 2017 after the Taproot soft fork went live following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632.Taproot will apparently improve the scripting....
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Staples Center, one of the most iconic and globally recognized sports and entertainment arenas in the world, is changing its name to Crypto.com Arena. Crypto.com has also become an official cryptocurrency platform partner of the Los Angeles Lakers and the LA Kings. Staples Center’s New Name Is Crypto.com Arena AEG, the owner of Staples Center, and Crypto.com “have launched a historic, 20-year naming rights agreement that will rename the AEG-owned and operated Staples Center,” both companies independently announced Tuesday. Located in downtown Los Angeles, the....
The crypto space has been abuzz recently with news of Crypto.com sealing a massive deal that saw it become the new Staples Center. In the $700 million deal, the infamous Staples Center, home to the Los Angeles Lakers, had been renamed to Crypto.com Arena. This is one of the most significant deals that has taken […]
Bitcoin advocates are celebrating the successful implementation of the Taproot upgrade after block height 709,632. The upgrade was highly anticipated as it was one of the biggest changes since the introduction of Segregated Witness (Segwit) in 2017. After the upgrade was completed, the Bitcoin community discussed the slew of benefits Taproot and Schnorr signatures have to offer and have started measuring Taproot usage as well.
Taproot Has Been Activated on the Bitcoin Blockchain
At 12:15 a.m. (EST) at block height 709,632, at difficulty period 352, Taproot was officially....
After a deal with its owner, AEG, the Staples Center will be known as Crypto.com Arena from December. Staples Center will now be known as Crypto.com Arena after an agreement with its owner, AEG.Staples Center is a multi-purpose arena that has been home to numerous public events including boxing and basketball competitions, as well as concerts and hockey. It’s also been the home of the NBA’s Los Angeles Clippers and Los Angeles Lakers, as well as the NHL’s Los Angeles Kings, and the WNBA’s Los Angeles Sparks. Crypto.com purchased the naming rights to AEG for $700 million over 20 years,....
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Sunday, November 14, 2021, and the upgrade is considered one of the largest changes the protocol has seen since Segregated Witness (Segwit) went live in 2017.
Bitcoin Upgrade Taproot Expected to Activate on Sunday
Taproot is expected to activate and go live on the main network on Sunday, November 14, 2021, following the lock-in period this past....