Stacks Founder Confirms Completion of Satoshi Upgrade, No Delisting Risk for Binance

The founder of Bitcoin L2 Stacks, Muneeb, has released a progress update confirming that the Satoshi hard fork upgrade has been successfully completed. The network is operating stably, with new signers enhancing decentralization and reliability, achieving an uptime of 99.94%. The staking volume for the 141st cycle reached 392.4 million STX, close to its historical high of about 80%. Communication with Binance has confirmed that there is no delisting risk; Binance is satisfied with the hard fork and token update information, with monitoring tags triggered before the upgrade, to be updated after the next review meeting. The Genesis Bond is set to launch at Bitcoin block 966350 (around September 10), with institutional staking participants to be announced gradually. The team is working with partners to improve STX liquidity to support the smooth advancement of the Bitcoin staking market.

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