Category: Crypto News

**USD.AI Approves $500 Million Loan for Australian AI Startup**

In a significant move for the intersection of artificial intelligence and decentralized finance, the onchain lending protocol USD.AI has approved a substantial $500 million loan to an Australian AI startup. This decision underscores the growing trend of using blockchain technology to support emerging tech companies, particularly those in the AI sector. As an onchain bank, USD.AI is setting a new precedent by accepting tokenized GPUs as collateral, a unique approach that highlights its innovative stance within the DeFi ecosystem.

USD.AI’s business model is tailored to the needs of AI startups, providing stablecoin loans against tokenized GPU assets. This strategy is particularly advantageous for companies in the AI industry, where access to high-performance computing resources is crucial. By collateralizing GPUs, USD.AI facilitates a novel way for AI companies to leverage their hardware assets for financial capital. This method not only provides the necessary liquidity for startups but also integrates seamlessly with the DeFi landscape, offering a decentralized alternative to traditional banking solutions.

The $500 million loan approval marks a significant milestone for USD.AI, reflecting its capacity to handle large-scale financial transactions within the blockchain framework. This move may indicate growing confidence in the viability of tokenized asset lending, particularly in sectors that rely heavily on specialized hardware like AI. As reported by [The Block](https://www.theblock.co/post/386759/onchain-lending-protocol-usdai-approves-500-million-loan-australian-ai-startup?utm_source=rss&utm_medium=rss), USD.AI’s model could potentially inspire other DeFi platforms to explore similar lending mechanisms, thereby broadening the financia l options available to tech innovators.

The implications of this loan are significant for both USD.AI and the broader DeFi community. By successfully executing such a large transaction, USD.AI not only reinforces its reputation as a reliable onchain lending platform but also demonstrates the scalability of blockchain technology in financial services. Furthermore, this development could pave the way for more AI startups to access decentralized funding, reducing their reliance on traditional venture capital and banking systems. This trend is particularly relevant as the demand for AI-driven solutions continues to rise globally.

Looking ahead, the success of this loan might encourage further collaboration between AI companies and DeFi platforms, fostering an ecosystem where technological innovation and financial innovation go hand in hand. As the landscape of decentralized finance evolves, the integration of tokenized assets and blockchain-based lending could redefine how tech startups access capital. For more insights on this development, [read more at The Block](https://www.theblock.co/post/386759/onchain-lending-protocol-usdai-approves-500-million-loan-australian-ai-startup?utm_source=rss&utm_medium=rss).

In conclusion, USD.AI’s $500 million loan to an Australian AI startup not only highlights the potential of DeFi to support tech innovation but also sets a precedent for future financial transactions involving tokenized assets. As the DeFi space continues to expand, such pioneering efforts could spearhead a new era of financial interconnectivity and collaboration between emerging technologies and blockchain solutions. For further details on this story, visit [The Block](https://www.theblock.co/post/386759/onchain-lending-protocol-usdai-approves-500-million-loan-australian-ai-startup?utm_source=rss&utm_medium=rss).

**Citi Sounds the Alarm on ‘Address Poisoning’ Scams Flooding the Ethereum Network**

The Ethereum network, known for its robust ecosystem and decentralized applications, is currently facing a significant threat. According to a recent analysis by Citi, a surge in network activity is not due to organic user growth but rather a rise in scam-related activities, particularly ‘address poisoning’ scams. This development raises concerns about the security and trustworthiness of transactions on the Ethereum blockchain.

As reported by Coindesk, ‘address poisoning’ is a scam tactic that involves the creation of fake wallet addresses that resemble legitimate ones. Scammers generate these addresses to trick users into sending funds to the wrong recipient. The spike in such malicious activities is contributing to the unprecedented levels of congestion and transaction volume observed on the network, as per Citi’s analysis.

The implications of this surge are concerning. The Ethereum network’s increased activity has been largely attributed to DeFi applications and the growing interest in non-fungib le tokens (NFTs). However, the revelation that scams are driving much of this activity could undermine user confidence in the network’s integrity. Moreover, the high volume of fraudulent transactions can inflate transaction fees, making it more expensive for genuine users to conduct their business on the platform.

According to Coindesk, Citi’s analysts have called for heightened vigilance and improved security measures to combat these fraudulent practices. They emphasize the need for users to double-check wallet addresses before making transactions and for developers to implement stronger verification mechanisms. The ongoing battle against scams is a reminder of the vulnerabilities that exist within even the most advanced blockchain networks.

Looking ahead, the Ethereum community faces the challenge of addressing these security issues to maintain its reputation as a leading blockchain platform. As the network continues to evolve, it is crucial for stakeholders to prioritize security enhancements and user education to protect against such scams. For more details on this development, read more at Coindesk.

**Bitcoin Price Following The 2022 Fractal? Analyzing the Patterns and Potential Outcomes**

In the volatile world of cryptocurrency, patterns and historical data often serve as crucial tools for analysts and investors alike. A recent analysis suggests that Bitcoin’s price movements are echoing a fractal from 2022, prompting speculation about what this could mean for the leading cryptocurrency. According to [NewsBTC](https://www.newsbtc.com), understanding these patterns could provide insights into future price action and market behavior.

The concept of a fractal in financial markets refers to a repeating pattern visible in different time frames. In Bitcoin’s case, the 2022 fractal is drawing attention due to its potential implications for the current market cycle. As reported by [NewsBTC](https://www.newsbtc.com), this analysis is rooted in observing past price movements and identifying similarities with current trends. The fractal from 2022 is particularly noteworthy due to the significant events that occurred during that year, including major price fluctuations and external market influences such as regulatory developments and macroeconomic factors.

The 2022 Bitcoin fractal was characterized by a series of sharp price movements, including both upward surges and downward corrections. These fluctuations were driven by a combination of investor sentiment, market speculation, and broader economic conditions. Analysts at [NewsBTC](https://www.newsbtc.com) have highlighted that current market conditions exhibit simi lar characteristics, suggesting a potential repeat of the 2022 pattern. This raises questions about whether Bitcoin will experience similar volatility in the near term.

Despite the apparent similarities, it’s important to approach such analyses with caution. While historical patterns can provide valuable insights, they do not guarantee future performance. As emphasized by [NewsBTC](https://www.newsbtc.com), the cryptocurrency market is influenced by a myriad of factors, including technological advancements, regulatory changes, and shifts in investor behavior. These elements can disrupt established patterns and lead to unexpected outcomes.

Looking ahead, the implications of the 2022 fractal could be significant for Bitcoin investors. If the pattern holds, traders might prepare for increased volatility, potentially creating opportunities for both gains and losses. However, as [NewsBTC](https://www.newsbtc.com) notes, it remains essential for investors to conduct thorough research and consider diverse perspectives before making decisions based solely on historical patterns.

In conclusion, the analysis of Bitcoin’s price movements in relation to the 2022 fractal offers intriguing insights into potential market dynamics. While the past can inform expectations, the unpredictable nature of the cryptocurrency market necessitates a cautious and informed approach. As developments unfold, staying informed through reliable sources like [NewsBTC](https://www.newsbtc.com) will be crucial for navigating the complexities of Bitcoin investing.

**USD.AI Sanctions $500 Million Loan to Boost Australian AI Startup**

In a significant move highlighting the growing intersection between blockchain technology and artificial intelligence, USD.AI, an onchain lending protocol, has approved a substantial loan of $500 million to an Australian AI startup. This decision underscores the potential for decentralized finance (DeFi) platforms to support technological innovation by providing access to capital in new and inventive ways.

USD.AI operates as an onchain bank specifically catering to the needs of AI startups. The protocol distinguishes itself by accepting tokenized GPUs as collateral, which allows AI companies to leverage their hardware assets to secure stablecoin loans. This innovative approach is particularly advantageous for tech startups that often face challenges in accessing traditional financing due to the intangible nature of their assets and the volatile market conditions.

The approval of this $500 million loan showcases USD.AI’s commitment to fostering the growth of the AI sector, which is increasingly reliant on high-performance computing resources. By accepting tokenized GPUs as collateral, USD.AI not only provides a novel financial solution but also bridges the gap between the digital and physical realms of technology. This mechanism allows AI companies to unlock liquidity from their otherwise static hardware investments, facilitating further research and development.

As reported by [The Block](https://www.theblock.co/post/386759/onchain-lending-protocol-usdai-approves-500-million-loan-australian-ai-startup?utm_source=rss&utm_medium=rss), the loan approval is a testament to the viability of onchain banking systems in supporting niche markets, such as AI devel opment. It highlights the adaptability of DeFi platforms in providing customized financial services that cater to specific industry needs. The use of tokenized GPUs as collateral is a forward-thinking strategy that could pave the way for similar financing solutions across other technology-driven sectors.

The implications of this loan approval are profound. It not only provides the Australian AI startup with the necessary capital to expand its operations but also sets a precedent for other AI firms seeking alternative financing. Furthermore, it demonstrates the scalability and flexibility of DeFi platforms like USD.AI in accommodating the unique requirements of technology companies.

Looking ahead, the integration of AI and DeFi could herald new opportunities for innovation and collaboration. As more startups recognize the potential of tokenized assets and onchain banking solutions, platforms like USD.AI may play an increasingly pivotal role in the tech ecosystem. For more insights into this development, [read more at The Block](https://www.theblock.co/post/386759/onchain-lending-protocol-usdai-approves-500-million-loan-australian-ai-startup?utm_source=rss&utm_medium=rss).

In conclusion, the $500 million loan from USD.AI to the Australian AI startup is a milestone that underscores the transformative potential of decentralized finance in supporting emerging technologies. As the digital landscape continues to evolve, such innovative financial solutions are likely to become more prevalent, driving forward the next wave of technological advancements. For further details, [refer to The Block’s full article](https://www.theblock.co/post/386759/onchain-lending-protocol-usdai-approves-500-million-loan-australian-ai-startup?utm_source=rss&utm_medium=rss).

In a significant legal move, former President Donald Trump has initiated a lawsuit against JPMorgan Chase, along with its CEO Jamie Dimon, over accusations of terminating several bank accounts linked to him. This action has reignited the contentious debate surrounding ‘debanking’, a process where banks close accounts or reject services to certain clients. As reported by [The Block](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?utm_source=rss&utm_medium=rss), the lawsuit alleges that JPMorgan Chase unjustly severed financial ties, which could have significant implications for both the banking sector and political figures.

The lawsuit underscores a broader issue within the financial industry known as debanking, where institutions selectively terminate services, often leading to accusations of bias or discrimination. While banks reserve the right to choose their clientele based on risk assessments and compliance requirements, the practice has faced criticism for its lack of transparency and potential misuse. In Trump’s case, the alleged debanking by JPMorgan has put a spotlight on whether political motivations might influence such decisions, as discussed in [The Block’s report](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?utm_source=rss&utm_medium=rss).

JPMorgan Chase, one of the largest banking institutions in the United States, is no stranger to controversy when it c omes to debanking practices. The lawsuit brought forth by Trump could compel the bank to disclose its reasoning and processes for account terminations. This could potentially lead to a wider examination of how banks handle politically exposed persons (PEPs) and the criteria used to evaluate risk, as highlighted in [The Block](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?utm_source=rss&utm_medium=rss).

The implications of this legal battle extend beyond Trump and JPMorgan. If the lawsuit progresses, it might set a precedent for how financial institutions manage their relationships with high-profile clients. As noted in [The Block](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?utm_source=rss&utm_medium=rss), it could encourage more transparency in banking operations and potentially lead to regulatory scrutiny over debanking practices.

In conclusion, Trump’s lawsuit against JPMorgan Chase could have significant ramifications for the banking industry, particularly regarding the debanking debate. As the case unfolds, it will be crucial to monitor how it influences banking policies and the treatment of politically sensitive clients. For more details on this developing story, you can [read more at The Block](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?utm_source=rss&utm_medium=rss).

In a recent analysis that has garnered attention across the cryptocurrency industry, Ark Invest has identified two pivotal forces poised to drive the next significant growth phase in digital assets: Bitcoin’s increasing institutional adoption and the burgeoning practice of asset tokenization. As reported by Coindesk, the asset management firm suggests that these elements could propel digital assets to reach a valuation in the tens of trillions of dollars by the end of the decade.

Ark Invest’s insights underscore Bitcoin’s evolving role in the financial ecosystem. The asset manager emphasizes that Bitcoin’s acceptance among institutional investors is gaining momentum, a trend that not only validates the cryptocurrency’s place in traditional finance but also potentially stabilizes its price volatility. This institutional adoption is seen as a crucial factor in Bitcoin’s journey towards becoming a mainstream asset class, as noted by Coindesk.

Simultaneously, Ark Invest highlights the transformative potential of asset tokenization in the digital asset landscape. Tokenization involves converting rights to an asset into a digital token on a blockchain, enhancing liquidity and accessibility. This process is increasingly applied to a variety of assets, from real estate to commodities, and is expected to unlock significant value by making assets more divisible, transferable, and transparent. According to Coindesk, Ark Invest sees this trend as a catalyst for scaling digital assets to unprecedented levels.

The firm’s optimistic outlook is based on the premise that both Bitcoin and tokenization are at critical inflection points. As these trends converge, they could redefine the parameters of digital asset growth. Ark Invest’s projections suggest that the integration and acceptance of these technologies could lead to a more robust and expansive digital financial ecosystem, which would be capable of supporting a broad range of economic activities, as detailed by Coindesk.

Looking ahead, the implications of Ark Invest’s analysis could be profound. Should their predictions hold true, the digital asset market may experience a paradigm shift, characterized by heightened institutional participation and broader tokenization applications. This evolution could potentially democratize access to investment opportunities and enhance the efficiency of capital markets. For more insights, read more at Coindesk.

In conclusion, Ark Invest’s report offers a compelling vision of the future of digital assets, driven by Bitcoin and tokenization. This perspective not only highlights the current momentum but also sets the stage for what could be a transformative decade in the world of finance. As the industry continues to evolve, keeping an eye on these trends will be crucial for investors and stakeholders alike. For further information, visit the original article on Coindesk.

**Trump Sues JPMorgan Over Alleged Account Terminations, Reigniting Debanking Debate**

In a notable legal move, former President Donald Trump has filed a lawsuit against JPMorgan Chase and its CEO Jamie Dimon. The lawsuit alleges that the banking giant improperly terminated several accounts associated with Trump, thereby drawing renewed attention to the contentious issue of debanking. This development not only centers on Trump’s financial dealings but also underscores broader concerns regarding the practices of major financial institutions in handling politically sensitive accounts.

As reported by [The Block](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?utm_source=rss&utm_medium=rss), the lawsuit claims that JPMorgan Chase acted unjustly by shutting down multiple accounts linked to Trump, potentially due to the political ramifications tied to his identity. This action has brought the debate over ‘debanking’—the practice of banks terminating relationships with clients for reasons that may include political or reputational risk—back into the spotlight. The lawsuit alleges that such actions by financial institutions could set a worrying precedent where personal or political beliefs could influence banking services.

The issue of debanking is not new but remains a deeply polarizing topic, especially in the cryptocurrency and decentralized finance (DeFi) sectors. Advocates for financial freedom argue that debanking undermines the principle of impartial access to financial services. Critics, however, maintain that banks must retain the discretion to manage risks, including those posed by controversial figures or entities. As [The Block](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?ut m_source=rss&utm_medium=rss) highlights, this case could play a significant role in shaping future policies and discussions around the responsibilities and limits of financial institutions.

JPMorgan Chase, under the leadership of CEO Jamie Dimon, has not yet publicly commented on the specifics of the lawsuit. However, the bank’s past statements have often emphasized its commitment to compliance with legal and regulatory standards, which sometimes necessitate difficult decisions about client relationships. The outcome of this case might not only affect Trump’s personal financial dealings but could also influence the broader banking industry’s approach to managing accounts tied to high-profile or controversial figures.

The lawsuit against JPMorgan, as [reported by The Block](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?utm_source=rss&utm_medium=rss), highlights the ongoing tension between financial institutions’ need to mitigate risk and the expectation of fair and unbiased access to financial services. As the legal proceedings unfold, they are likely to spark further debate and potentially lead to policy changes that could redefine how banks handle such sensitive issues.

In conclusion, this legal action not only puts Trump’s financial affairs under scrutiny but also reignites the debate over the power dynamics between individuals and financial institutions. As the situation develops, stakeholders in the financial and cryptocurrency sectors will closely monitor its implications for both regulatory practices and the principle of financial inclusivity. For further updates and detailed analysis, read more at [The Block](https://www.theblock.co/post/386780/trump-sues-jpmorgan-over-allegedly-terminating-bank-accounts-putting-debanking-criticisms-back-in-the-spotlight?utm_source=rss&utm_medium=rss).

**JPMorgan Expresses Skepticism Over Sustained Surge in Ethereum Activity Post-Fusaka Upgrade**

In a recent analysis, JPMorgan has raised concerns about the sustainability of the uptick in activity on the Ethereum network following the Fusaka upgrade. While Ethereum upgrades are often anticipated to boost network performance and user engagement, historical data suggests that these enhancements may not lead to long-lasting increases in activity, according to The Block.

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has undergone several upgrades aimed at improving its scalability, security, and efficiency. The Fusaka upgrade is the latest in a series of such developments. While initial reactions to these upgrades often include spikes in network activity, JPMorgan’s analysis suggests that these increases may not endure over the long term. As reported by The Block, the bank notes that previous upgrades have “failed to meaningfully enhance network activity on a sustained basis.”

The skepticism from JPMorgan is rooted in historical patterns. Ethereum has a history of implementing significant upgrades, yet the anticipated long-term benefits in terms of sustained network activity and user engagement have often fallen short. Each upgrade, while technologically significant, has not consistently translated into a proportional increase in network use or transaction vo lume over time. This pattern raises questions about the potential for the Fusaka upgrade to break this cycle, according to The Block.

Despite these doubts, the Ethereum community remains optimistic about the potential for ongoing upgrades to eventually yield more lasting impacts. Proponents argue that each upgrade is a building block in a broader strategy to enhance Ethereum’s capabilities, particularly as it competes with other blockchain platforms that offer faster and cheaper transaction processing. However, the challenge remains to convert these technical improvements into tangible, sustained growth in network activity.

Looking forward, the future of Ethereum’s network activity will likely hinge on its ability to deliver on the promises of its upgrades. If the Fusaka upgrade can indeed catalyze sustained growth, it would mark a significant departure from past trends. For now, as reported by The Block, industry observers and stakeholders will be closely monitoring Ethereum’s performance in the wake of Fusaka to see if it can defy historical patterns.

In conclusion, while Ethereum’s Fusaka upgrade has initially sparked increased activity, JPMorgan’s analysis prompts caution regarding the longevity of this surge. The outcome of this upgrade may influence future development strategies and investment decisions within the Ethereum ecosystem. For more insights and ongoing updates, read more at The Block.

**Gold Surges to Doorstep of $5,000 as Experts Debate Bitcoin’s Underperformance**

In the ever-evolving landscape of financial markets, gold has recently surged to the brink of $5,000 per ounce, sparking a heated debate among experts regarding the comparative underperformance of bitcoin. As traditional safe-haven assets like gold soar, the cryptocurrency sphere finds itself under scrutiny, with industry leaders analyzing the factors behind bitcoin’s recent stagnation. According to Coindesk, this juxtaposition of market trends highlights the broader dynamics between established and emerging stores of value.

Gold’s remarkable ascent towards $5,000 underscores its enduring appeal as a safe-haven asset, especially during times of economic uncertainty. Historically, investors have flocked to gold to hedge against inflation and geopolitical instability. The recent surge is attributed to ongoing global tensions and a volatile economic climate, which have fueled demand for tangible assets. Read more at Coindesk to understand the broader market implications.

Conversely, bitcoin, often dubbed “digital gold,” has struggled to match the performance of its physical counterpart. This has prompted a discourse among financial experts regarding the reasons behind bitcoin’s underperformance. Jim Bianco, a prominent market analyst, suggests that the once-potent influence of bitcoin adoption announcements is waning. “The [BTC] adoption announcements are not working anymore,” he stated, as reported by Coindesk. This points to a potential saturation point in bitcoin’s market influence, where news of adoptio n no longer generates the same bullish momentum.

Despite the current challenges facing bitcoin, some experts advocate for a more tempered, long-term perspective. Bloomberg’s Eric Balchunas emphasizes the importance of patience, urging investors to consider the broader trajectory of bitcoin’s adoption and integration into the financial system. This perspective aligns with the idea that while short-term fluctuations may occur, the underlying fundamentals and technological advancements continue to bolster bitcoin’s potential. For more insights, read more at Coindesk.

The debate between gold and bitcoin also reflects a deeper philosophical divide within the investment community. While gold has centuries of history as a trusted store of value, bitcoin represents a modern, decentralized alternative that challenges traditional financial systems. As reported by Coindesk, this dichotomy is central to ongoing discussions about the future of finance and the role of cryptocurrencies in a diversified portfolio.

In conclusion, the current market dynamics present a fascinating juxtaposition between gold’s meteoric rise and bitcoin’s relative stagnation. While gold continues to attract investors seeking stability, the digital currency market grapples with growing pains and evolving perceptions. As experts debate these trends, the future of both gold and bitcoin remains a subject of keen interest. Whether bitcoin can reclaim its momentum or whether gold will continue its upward trajectory will be determined by a complex interplay of economic factors and investor sentiment. For ongoing updates, read more at Coindesk.

**JPMorgan Questions Longevity of Ethereum’s Activity Spike Post-Fusaka Upgrade**

In the wake of Ethereum’s recent Fusaka upgrade, the blockchain network has experienced a notable uptick in activity. However, according to a report from JPMorgan, there is skepticism regarding the sustainability of this surge. The financial institution suggests that similar spikes in activity following past Ethereum upgrades have not translated into long-term enhancements in network engagement.

Ethereum, a leading platform for decentralized applications and smart contracts, has undergone multiple upgrades aimed at improving scalability, security, and functionality. The Fusaka upgrade is the latest in this series of enhancements. While such upgrades often generate initial excitement and increased activity, JPMorgan analysts caution that these effects are typically short-lived. As reported by The Block, the historical pattern shows that Ethereum’s previous upgrades have not resulted in sustained increases in network activity.

The Fusaka upgrade, like its predecessors, was designed to address certain limitations within the Ethereum network. Despite these improvements, JPMorgan’s analysis raises concerns that the current surge in usage may not endure over time. The analysts highlight that past upgrades, while technically successful, have not consistently led to prolonged growth in user engagement or transaction volume on the network. This perspective suggests that the current enthusiasm surrounding the Fusaka upgrade could wane, following the trend observed in previous instances.

The skepticism expressed by JPMorgan is rooted in Ethereum’s historical upgrade outcomes. As noted by The Block, each successive upgrade has been met with initial bursts of activity, which tend to normalize after the initial excitement dissipates. This pattern underscores the challenges Ethereum faces in maintaining momentum and sustaining heightened levels of network activity over the long term.

Looking ahead, the implications of JPMorgan’s analysis could influence stakeholders’ strategies in the Ethereum ecosystem. If the Fusaka upgrade’s impact is indeed temporary, developers, investors, and users may need to adjust their expectations and approaches. The insights provided by JPMorgan suggest a cautious outlook, emphasizing the importance of evaluating not just immediate impacts but also the longer-term trajectory of Ethereum’s network activity.

For those interested in a deeper dive into JPMorgan’s analysis and Ethereum’s recent upgrade, read more at The Block. The dynamics of Ethereum’s network activity following the Fusaka upgrade remain a significant point of discussion, with potential implications for the future of decentralized finance and blockchain technology. As the situation evolves, stakeholders will be closely monitoring whether this upgrade bucks the trend or falls in line with historical outcomes, as highlighted by The Block.