In the last week of June, when Bitcoin was struggling to hold $20,000, memes like DOGE and BabyDoge announced important news. Partnership, integration and investment news of the week in one list…
Important news from DOGE, BTC, ETH and these altcoins
Baby DogeCoin (BabyDoge) will burn 50 quadrillion tokens on July 1. Now the meme project is permanently removing 50 quadrillion BabyDoges from circulation in a massive operation on July 1, 2022. Official announcement:
Our first community proposal ended today:https://t.co/BtR0Cja3C2
50 quadrillion burn on ETH chain on July 1st#BabyDogeArmy #BabyDoge pic.twitter.com/pa1ucHgmYa
— BabyDogeSwap.com LIVE (@BabyDogeCoin) June 28, 2022
Next, VeChain Foundation announced that it has formed a strategic partnership with [email protected] Capital plc as part of its effort to develop Web3 Inventory Monetization System. VeChain said in the announcement that the initiative is focused on helping creditworthy businesses and raising capital for their day-to-day operations. Official tweet:
The #VeChain Foundation is proud to pioneer cutting edge #blockchain applications.
In our strategic alliance with @SupplyMECapital, we're building a new kind of 'Inventory Monetization' system, uniting #NFT technology, #Stablecoins & #Web3.https://t.co/zZ3460cyri $VET #crypto pic.twitter.com/Cb6flkGMkn
— VeChain Foundation (@vechainofficial) June 28, 2022
Meanwhile, Ripple Labs co-founder Jed McCaleb sold a large amount of XRP this week. Data from XRPscan now shows that only 81.5 million XRP remained in McCaleb’s wallet. cryptocoin.comWe have covered the details in this article.
https://twitter.com/Lionel46294550/status/1542048480176250880
There is important news from Ripple
The sports car company will launch its automotive NFTs above Ripple. In other words, Ripple has announced that it has partnered with UK-based sports car manufacturing company Lotus to launch NFT on XRP Ledger (XRPL). Investors were following closely due to the NFT support included in the press release:
We are excited to partner with Lotuscars to help bring automotive NFTs to XRPL.
🚗💨
We're excited to partner with @lotuscars to help bring automotive #NFTs to the #XRPL. https://t.co/vvL4ppfZps— Ripple (@Ripple) June 28, 2022
DOGE in the list of famous company
On the other hand, luxury watch manufacturer Breitling has announced that it will accept payments in 11 cryptocurrencies. These cryptos include Ethereum, DOGE and Bitcoin. According to the official announcement made on June 28, customers can now shop with the following cryptocurrencies.
- Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), Bitcoin (BTC). Besides these, there are Bitcoin Cash (BCH), Dogecoin (DOGE), Binance USD (BUSD), Dai (DAI). It is also listed in Gemini Dollar (GUSD), USDP and USD Coin (USDC).
Cardano, Polygon, Chainlink, Fantom and Bitcoin Cash announcements
- The Gal Gadot-powered DEX based on the Cardano network has set the testnet launch date. The project previously shared that it had raised over $2 million in a funding round attended by Gal Gadot. Now, the public testnet is now live, according to the press release on June 29.
- On the other hand, Polygon has deployed Avail for developers to build their Blockchain applications on Polygon. Applications built on Avail will give developers the ability to fork and modify how they handle execution.
- The Lido community voted against the management proposal to limit Ethereum staking. The proposal was voted 99% against the self-limiting of the percentage of Ethereum that can be staked. As a result, the community does not want to impose limits on Ethereum staking.
- Chainlink’s smart contract products are published on Fantom. Two protocols, Keepers and VRF, will allow developers to build more complex applications on the Fantom network. Chainlink Labs developers said VRF handled more than 7 million requests from dApps on other networks. Chainlink and Fantom integration took place on the Fantom network today.
- The Bitcoin Cash (BCH) price crashed after its major advocate, Roger Ver, allegedly owed $47 million. Now, Roger Ver allegedly owes about $47 million to crypto exchange CoinFlex. Mark Lamb, CEO of CoinFlex, announced a written agreement with Ver on Twitter obligated to personally guarantee any negative equity. Meanwhile, the BCH price was down over 7%.
