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Will Hash Power Mining Lead Ethereum Into 2.0?

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5 years ago

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2020 is destined to be an extraordinary year. The global health problems brought about by the Corona-virus, had not only accelerated fluctuation in personal assets, but also intensified the turbulence of the capital market. The first thing that bears the brunt is the US dollar system as the global currency, followed by crude oil, stocks, etc. At this time, the outstanding performance of cryptocurrencies has attracted the attention of many traditional investors, and the concept of “mainstream cryptocurrencies as safe-haven assets” was mentioned again.

From the perspective of M1, bitcoin is now recognized as the sixth largest currency in the world, which indicates that cryptocurrencies have officially integrated into the global mainstream financial system.

In 2020, the world’s largest digital payment platform PayPal announced that it will soon be able to let its more than 1 billion users to trade cryptocurrencies such as BTC, ETH through its online wallet.

In 2020, a financial services company led by Jack Dorsey, CEO of the digital payment company Square, announced that it had bought 4,709 BTC worth $50 million, which accounted for 1% of the company’s total assets.

In 2020, Singapore’s largest retail and commercial bank — DBS Bank, will soon launch the DBS cryptoexchange, which will support Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) to start with.

In 2020, Ethereum settlement exceeded 1 trillion USD, surpassing the Bitcoin network settlement amount for the first time.

In 2020, the ecological market value of Ethereum has exceeded 100 billion USD, and the total lock-up amount of the Ethereum DeFi project has exceed 10 billion USD, which is a tenfold increase compared to 2019.

In 2020, the concept of DeFi made an explosion in the blockchain industry. Until late august, the total market value of all Defi tokens has reached 11.5 billion USD, the trading volume of decentralized cryptoexchanges has exceeded 400 million USD, and the total lock up value of DeFi projects has raised over 6.2 billion USD.

Moreover, the data above came from the current congestion and the racket high gas fee of ETH . After Ethereum 2.0 is fully launched, the TPS of Ethereum said to be increasing from 10-25 TPS to 100,000 TPS, and the market value of Ethereum ecosystem will reach trillions of dollars.

Although there are many complaints about the Ethereum network now, among the 242 DeFi projects, 197 are deployed on Ethereum, while EOS and Bitcoin have only 22 and 23 DeFi projects respectively.

With the increasing scale of the Ethereum DeFi ecosystem, the governance rights will be handed over to the community more and more, which makes migration basically impossible. This situation makes Ethereum and DeFi pushing each other’s mutual achievements.

From investors’ perspective, having experienced the collapse of ICO and many other incidents, it may be difficult for them to establish trust in centralized crypto-projects again.

In this context, the Galaxy Cloud hash power mining platform is a decentralized asset management platform that integrates ETH 1.0 POW mining , ETH 2.0 POS cloud mining and DeFi liquid mining, and is constructed to achieve tens of trillions of dollars of market value of ETH 2.0 in the future!

Galaxy Cloud hash power mining platform is created by the Galaxy Cloud Foundation. Galaxy Cloud Foundation was branched from Singapore AI Foundation in May 2020, aiming to support the research and development of various blockchain software and hardware, among which Ethereum and the decentralized technology ecosystem are the main targets.

Since the establishment of Singapore AI Foundation in 2017, it has been committed to support the research and development of artificial intelligence, and the return on their investment projects has been at the leading level of the AI industry. At the beginning of 2020, the AI Foundation decided to put out some funds and personnel to establish a blockchain fund to help the development of the emerging technology industries, and there came Galaxy Cloud Foundation.

The mission of Galaxy Cloud Foundation is to promote the development of new technologies and applications, especially in the field of new open and decentralized hardware and software architectures. Its goal is to develop, cultivate, promote and maintain decentralized and open technologies.

Galaxy Cloud Foundation gathers the world’s top financial technology talents, through years of research and development, formed the world’s leading artificial intelligence DeFi asset management platform — Galaxy Cloud hash power mining platform. Based on the global DeFi alliance (including Uniswap, MakerDao, Debank and dozens of other DeFi platforms), it integrated ETH 1.0 POW mining, ETH 2.0 POS cloud mining and DEFI liquidity mining. The Galaxy Cloud hash power mining platform will become the benchmark application of the future DeFi ecology, helping to build an application ecology with a market value of 10 trillion US dollars for ETH 2.0 for the next ten years.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

TT Devassy Jewellery Marks 85 Years with the Unveiling of Designer-Made Heritage Collection

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1 hour ago

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February 5, 2026

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TT Devassy Jewellery celebrating 85 years with the launching of POYEMS, a new range of collection
TT Devassy Jewellery celebrating 85 years with the launching of POYEMS, a new range of collection

Kochi, February 5, 2026: TT Devassy Jewellery, a house synonymous with designer-made fine jewellery, marked 85 years of creative excellence with the unveiling of a curated heritage collection at The Grounds, Chakola Mill, Kochi. The milestone evening brought together patrons, designers, artists, and members of the creative fraternity.

The celebration reaffirmed the House’s commitment to jewellery as a crafted expression of design — where artistry, intent, and heritage converge. For over eight decades, TT Devassy has positioned jewellery not merely as ornamentation, but as a medium of memory, identity, and storytelling.

A defining moment of the evening was the introduction of POYEMS, the new design-led label from TT Devassy Jewellery. Conceived as a concept-driven extension of the House, POYEMS reimagines jewellery as narrative — where form, symbolism, and emotion take precedence over excess — signalling a new design era grounded in original authorship.

Introducing the POYEMS Collective, Architect and Creative Director Minna Elizabeth guided guests through the ideas shaping each design.

“For 85 years, this House has shaped memory in gold,” she said.

“But legacy does not stand still. It evolves, questions, and redefines. POYEMS was born in that process.”

Among the highlights, Kilimala was presented as an heirloom rooted in family lineage and reinterpreted as a living inheritance. Vazhayilamala, inspired by the banana leaf, expressed organic fluidity, while architectural symmetry drawn from landmarks such as the Taj Mahal and Hawa Mahal translated built heritage into ornament. Thamarapoothali drew from sacred tradition and the ritual symbolism of Theyyam.

“The POYEMS are not simply collections — they are storytellers. This is where legacy becomes design,” she added.

Built on a belief in thoughtful craftsmanship, TT Devassy Jewellery has long championed designer-authored creation, balancing time-honoured techniques with contemporary expression — a defining hallmark that distinguishes the House within an increasingly trend-driven market.

Conceived as an editorial runway, the anniversary showcase moved beyond the conventional jewellery presentation, tracing the brand’s evolution from heritage craftsmanship to its place within today’s design-driven luxury landscape.

The evening included addresses by Anil Jose, Managing Director and Seema Anil, Executive Director, and Adon Tharakan, Executive Director – Finance & Development, reflecting on the House’s continued creative direction.

As TT Devassy Jewellery enters its 85th year, the House reaffirms its philosophy — designer-made jewellery as an enduring craft, where heritage meets modern interpretation. The POYEMS collections are presented exclusively at the House’s MG Road flagship in Kochi.

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Press Release

Pascal Capital Announces Imminent Launch of Ecosystem Token, Advancing Trading System Towards Open Ecosystem

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1 hour ago

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February 5, 2026

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Recently, the emerging financial services institution Pascal Capital officially announced that its core ecosystem token, ARXN, is nearing completion of its issuance and will soon enter market circulation. This move signifies that the company’s strategy of opening its internally operational trading system capabilities to a broader range of ecosystem participants has entered a new phase.

It is understood that Pascal Capital’s founding team has a background in traditional finance and quantitative trading. In its early development stages, the company focused on providing trading system solutions for institutional clients. After navigating multiple market cycles, the team began working to transform its system capabilities into more standardized and reusable infrastructure. Its core product, the ARX system, has undergone several iterations and has now evolved into a modular architecture comprising a model engine, intelligent risk monitoring, and automated trading interfaces. The company stated that the system has passed extensive live trading tests.

The issuance of the ARXN token is seen as a critical step in opening these system capabilities externally. According to information disclosed by the company, the token’s design primarily revolves around long-term value and ecosystem stability, with its value logic linked to the system’s actual performance, user base growth, and trading volume. In the initial issuance phase, the token incorporates a lock-up period arrangement aimed at directing focus toward long-term ecosystem development. In the future, the token is planned to be used for community incentives, user rewards, and the construction of governance mechanisms.

Regarding future development, Pascal Capital revealed that its focus over the next three to five years will center on four key areas: continuously upgrading the ARX system to cover a wider range of asset classes and enhance automation; building long-term plans based on systematic returns; designing regional partnership mechanisms; and promoting more open ecosystem collaboration by integrating additional financial instruments and application scenarios.

Analysis points out that transitioning from a closed system provider to an open financial ecosystem builder is a direction currently being explored by many fintech companies. Pascal Capital’s latest move reflects its attempt to productize and ecosystemize its internally validated trading system capabilities. How to transform technological capabilities into a sustainable business model and maintain system stability and efficiency within an open ecosystem will be its primary challenges.

The launch of ARXN indicates that Pascal Capital’s commercialization process has taken a new step. The market will continue to monitor the actual performance of its system in a more open environment and whether its ecosystem co-building model can attract long-term participants.

Media Contact

Organization: Pascal Post

Contact Person: Alice

Website: https://en.pascalpost.com/

Email: Send Email

Contact Number: +17192983449

Country:United States

Release id:41002

The post Pascal Capital Announces Imminent Launch of Ecosystem Token, Advancing Trading System Towards Open Ecosystem appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Nicola’s Marketplace Now Shipping Take and Bake Italian Desserts Nationwide

Published

3 hours ago

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February 5, 2026

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Handmade Italian Pastries, Shipped Frozen and Oven-Ready to Your Door. Nicola’s Marketplace is bringing the warmth of Italy’s finest bakeries straight to homes across the country with its growing collection of take & bake Italian desserts. From flaky sfogliatelle to buttery cornetti and filled bomboloni, each item is handcrafted with premium ingredients and frozen fresh, ready to enjoy in just minutes—no artificial ingredients, no shortcuts.As the demand for authentic Italian pastries continues to grow, Nicola’s Marketplace has answered with a nationwide shipping program that allows customers to experience traditional desserts without leaving their kitchens. These oven-ready treats arrive frozen and fully prepped, just heat and serve.

Kenilworth, New Jersey, United States, 5th Feb 2026 – Nicola’s Marketplace is bringing the warmth of Italy’s finest bakeries straight to homes across the country with its growing collection of take & bake Italian desserts. From flaky sfogliatelle to buttery cornetti and filled bomboloni, each item is handcrafted with premium ingredients and frozen fresh, ready to enjoy in just minutes—no artificial ingredients, no shortcuts.

As the demand for authentic Italian pastries continues to grow, Nicola’s Marketplace has answered with a nationwide shipping program that allows customers to experience traditional desserts without leaving their kitchens. These oven-ready treats arrive frozen and fully prepped, just heat and serve.

A Taste of Italy, Fresh from Your Oven

Each dessert is inspired by classic Italian recipes and crafted to reflect the authentic flavors found in Italy’s finest pasticcerias. Whether it’s the layered crunch of sfogliatelle or the soft richness of cream-filled bomboloni, every bite delivers bakery-quality indulgence—made with care and steeped in tradition.

“People want the real thing—no shortcuts, no fillers,” says Chef Nicola, a classically trained pastry chef who studied in Italy. “Our take & bake approach lets customers enjoy high-quality pastries fresh from their own ovens.”

Favorites That Ship Fast

Top sellers in the dessert collection include:

Each item is made by hand, flash-frozen to preserve peak flavor, and ships with simple baking instructions.

Nicolas Marketplace Cannolis

Perfect for Holidays, Gifts, or Everyday Indulgence

Take & bake Italian desserts from Nicola’s Marketplace are ideal for:

  • Holiday breakfasts and brunches
  • Gift boxes for family, friends, or clients
  • Dessert boards and party platters
  • Everyday treats you can heat up on demand

These freezer-friendly pastries offer bakery-level taste on your schedule—no need to wait in line or worry about freshness. Nationwide shipping ensures you can send (or receive) a fresh-from-the-oven Italian dessert no matter where you are in the U.S.

Explore the Full Collection

To browse Nicola’s Marketplace desserts and take & bake pastries, visit:
https://nicolasmarketplace.com/collections/dolci

Discover the joy of real Italian pastries, crafted with tradition, frozen at peak freshness, and ready to enjoy in minutes.

Media Contact

Organization: Nicolas Marketplace

Contact Person: Chef Nicola

Website: https://nicolasmarketplace.com/

Email: Send Email

Address:735 Fairfield Ave, Kenilworth, NJ 07033

City: Kenilworth

State: New Jersey

Country:United States

Release id:41024

The post Nicola’s Marketplace Now Shipping Take and Bake Italian Desserts Nationwide appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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