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Daily Summary on October 6, 2024
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COIN OF THE DAY $ENA #Ethena
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Beam Network set for Horizon upgrade to adopt proof-of-stake consensus #BeamNetwork is set to transition to a permissionless proof-of-stake consensus mechanism with the upcoming #Horizon upgrade. This change, expected by the first quarter of 2025, will allow anyone meeting the network's criteria to participate as a validator, helping secure the network by running or delegating to a Beam Node. To become a validator, participants must stake at least one Node Token and 20,000 $BEAM. The network will offer rewards, including transaction fees and protocol incentives, to validators for securing the system. Additionally, 80% of secondary rewards will be distributed to Node Token stakers, while 20% will go to #BEAM stakers.
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MicroStrategy to join Nasdaq-100, boosting Bitcoin exposure for ETFs #MicroStrategy , a company heavily invested in #Bitcoin $BTC , is set to be included in the #Nasdaq100 Index, marking a significant milestone in its rapid growth. The Nasdaq-100 tracks the largest non-financial firms listed on the exchange, alongside tech giants like #Apple , #Nvidia , and #Amazon.
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