There are some important developments in the field of Bitcoin and altcoin, which was as exciting as other days at the weekend. In this article, we will convey the events that will happen on a daily basis. Here are the details…
There are critical developments for these altcoin projects!
- Huobi has announced a trading contest called “Trading Contests for Elon-Backed Meme Tokens.” The cryptocurrencies at the center of the trading competition were Dogecoin (DOGE), Pepe (PEPE), Milady Meme Coin (LADYS), Floki (FLOKI) and ArbDoge AI (AIDOGE).
- Decentralized exchange (DEX) Swaprum, built on Arbitrum, reportedly conducted a rug-pull transaction and nearly $3 million was stolen from the platform.
- Ripple has received two awards for its innovation and leadership in the central bank digital currencies (CBDCs) segment. The award was given at the Digital Currency Conference 2023.
- Ripple announced that it has recruited famous financial expert Warren Jenson, who previously served as Amazon’s CFO.
- The Cardano development team announced that they are working on several projects and announced that they are making progress on Eclipse Evasion, a feature that increases scalability and maintains privacy within the Cardano network.
- KuCoin, a Seychelles-based crypto exchange, announced that its Terra Classic (LUNC) network supports the increase of the incineration tax from 0.2 percent to 0.5 percent.
- Focusing on SHIB burn transfers, Shibburn tweeted that the burn rate of this meme coin increased by a significant 666 percent within days.
- Security researchers found a flaw in the design of the latest version of Aave v2 on the Polygon (MATIC) Blockchain.
- Bittrex Global announced that Pepe (PEPE) is listed on its platform.
- The Polkadot (DOT) ecosystem plans to replace its “technical committees” and “councils” with a more democratic alternative.
- Neurolanche X Labs CEO Leo pointed out that Polkadot has been criticized for its lack of marketing efforts.
- Yves La Rose, CEO of the EOS Network Foundation, has published an open letter addressing Blockone (B1)’s failure to deliver on its $1 billion investment commitment to the EOS network.
- MakerDAO is in a critical voting period. The vote is about whether delegates should remain anonymous.
- IOTA has released a report in an effort to be active in the field of fair voting.
- Cross-chain application building platform Hyperlane is now live on Polygon zkEVM.
- The proposal of the ApeCoin community to create a decentralized trading platform APE DEX AIP-223 was not accepted.
- A total of approximately 602 million ARBs have been distributed to 34 addresses in the past 12 days, according to Spot on Chain data.
- Liquid staking protocol Puffer Finance has announced that it has received a grant from the Ethereum Foundation to help decentralize Ethereum’s validator set.
- Smart contract wallet UniPass and hardware wallet Keystone announced the merger of Account Labs.
- cryptocoin.comAs we reported, Hyperspace, an NFT data analytics website on the Solana chain, has partnered with Mysten Labs.
- Illuvium (ILV) has launched Overworlds Private Beta 2 on Immutable (IMX).
- Verus Coin (VRSC) will perform the mainnet update today.
- Tectum (TET) is launching its public sale process today.
- LBank lists Axelar.
- Pocket Network (POKT) will hold a joint question and answer event with LINK.
- Red Kite (PKF) launches SOULS IDO.
