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  • 15:13
    Polygon releases update addressing transaction finality delay
    BlockBeats News, on September 10, the Polygon Foundation released an update regarding transaction finality issues, which will be implemented tonight at 11:00 (UTC+8). The Foundation will continue to monitor network operations to ensure that all issues are resolved. This afternoon, the Polygon team stated: "There is a temporary delay in finality. Although the blockchain continues to operate and blocks and checkpoints are being generated, due to a milestone issue, there is currently a 10 to 15 minute delay in transaction finality. A solution has been found and is being pushed and deployed to all validator nodes and service providers."
  • 15:12
    ASST approved to merge with Strive, plans to acquire over $700 million worth of bitcoin
    BlockBeats news, on September 10, shareholders of Asset Entities Inc (ASST) approved a merger with Strive Enterprises. After the merger, the company will be renamed Strive Inc and will implement a bitcoin treasury strategy. Matt Cole, the current head of Strive Asset Management, will serve as chairman and CEO of the merged company, while Arshia Sarkhani, president and CEO of Asset Entities, will become chief marketing officer and a member of the board. On May 27, asset management company Strive announced the completion of a $750 million private equity financing round and will deploy an "excess bitcoin yield" strategy. Strive CEO Matt Cole stated in August that the company plans to purchase more than $700 million worth of bitcoin after going public.
  • 15:12
    Minnesota credit union in the United States to launch stablecoin Cloud Dollar
    BlockBeats News, September 10, according to CoinDesk, St. Cloud Financial Credit Union, a credit union in Minnesota, USA, announced that it will launch the stablecoin Cloud Dollar (CLDUSD) by the end of 2025, becoming the first stablecoin issued by a US credit union. The stablecoin is jointly developed by Metallicus and DaLandCUSO and will be integrated into the credit union's banking system to provide members with instant and low-cost transactions.
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