Today, there are critical moments for various altcoin projects. In this article, we will narrate some events to watch. Here are the details…
Big day for altcoin projects
- The Graph, a leading indexing and querying protocol for organizing blockchain data, has entered the final phase of its transition to Arbitrum, a layer 2 scaling solution built on Ethereum.
- Decentralized finance (DeFi) lending platform and stablecoin issuer MakerDAO may soon remove $390 million worth of crypto exchange Gemini’s GUSD stablecoin from its reserves.
- Despite being designated as a security by the United States Securities and Exchange Commission (SEC), Polygon continues to expand its ecosystem. As recently announced by Polygon Labs, India’s multinational online shopping platform Flipkart has become the new partner of the Ethereum Layer 2 scaling protocol.
- Ethereum (ETH) whales have taken action. A whale with about $738 million worth of ETH in the last 24 hours dumped coins on the market.
- Jetset (JTS) is releasing a beta version of its Lux Platform today.
- Tectum (TET) launches Launchpad 3.
- Bitbank lists The Graph (GRT) with the JPY pair at 18:30 CEST.
- Flare (FLR) launches FlareDrop.
- Coinstore lists the Ethereum Name Service (ENS).
- WAX (WAXP) will hold a meeting in Amsterdam.
- Klaytn (KLAY) will hold a meetup event in Singapore.
- Kava (KAVA) is holding a question and answer event with Hover.
- AscendEX listed Wall Street Baby (WSB).
- Bonded Cronos (BCRO) will start farming operations with GOLD.
- Coinstore lists SingularityNET (AGIX).
- unshETH Ether (UNSHETH), Swell Ethereum (SWETH) will hold a joint question and answer event.
- Cardano Blockchain venture capital arm EMURGO Ventures announced its investment in Maestro.
- According to Lookonchian’s observation, the giant whale address has today borrowed 44,000 BNB (about US$10.88 million) from Venus Protocol and invested it to join Binance or the new Binance Launchpool.
- According to OKX official news, Ouyi OKX has officially renamed the proposed BRC-30 standard to BRC20-S standard, namely BRC20-Staking.
- According to Lookonchain data, the giant whale address that started with 0x67E4 pulled 1 million BLUR from the OKX platform to the chain again 2 hours ago, and the giant whale address has pulled 2.5 million coin BLUR from OKX, worth approximately $792,000, today.
- The OmniBOLT Protocol mainnet edition wallet has released OBWallet and the project is available for download on the GitHub repository.
- Global algorithmic trading firm Wintermute Trading has amassed $3.7 million worth of Uniswap (UNI) tokens.
- Owners of ApeCoin (APE) began arguing on Twitter about the six-figure annual salaries given to the leadership and community council members of the decentralized autonomous organization (DAO).
- Seattle-based decentralized finance (DeFi) platform EigenLayer has deployed the restaking protocol on the Ethereum mainnet, according to a press release.
- Decentralized finance (DeFi) lending platform and stablecoin issuer MakerDAO may soon remove $390 million worth of crypto exchange Gemini’s GUSD stablecoin from its reserves.
- Alchemy today introduced AlchemyAI, a suite of tools that aims to leverage artificial intelligence to help web3 developers accelerate the development of their products.
- The Aave proposal, aimed at preventing a particular account from accumulating more debt, sparked controversy, with some participants arguing that the proposal violated the principle of resistance to censorship or “neutrality” in decentralized finance or DeFi.
- Litecoin exceeded all expectations, reaching an astonishing 25 million transactions this year.
- According to Lookonchain observations, after Binance announced that its Maverick Protocol (MAV) was listed on Launchpool, a giant whale address deposited 155,400 BNB (worth $36.5 million) on Binance.
- According to Lookonchain, the giant whale address starting with “0xD275” borrowed 50 million USDC from Aave after USDT divergence and started buying USDT for arbitrage.
- According to Lookonchain observations, a giant whale address bought 9,641 stETH for 16.26 million USDT with an average price of about 1687 US dollars and currently holds 24,797 stETH (about 40.85 million US dollars).
- According to 0xScope, a total of 99 million USDT has been sold at 3pool in the last 24 hours, resulting in net outflows of $64.4 million.
- In the latest official statement from the Sei Network Foundation, “We recently heard rumors that Sei’s testnet incentives and airdrops require face scanning/KYC. This is completely wrong. Sei’s testnet incentives or airdrops do not require face scanning/KYC.”
- Animoca Brands’ NFT series Mocaverse has teamed up with NFT marketplace Rarible to launch the “Mocaverse Marketplace”.
- DeFi risk manager Gauntlet suggested freezing the CRV in Aave v2, aiming to significantly reduce the risk of loss.
