While there is a big crypto winter in the crypto money markets, some projects and companies are trying to turn this recession into an opportunity. Seeing the recession as an opportunity for investment and development, the developers evaluate the projects in the markets. Last minute announcements came for these 8 altcoins. Here are those 8 crypto projects…
Coin98 Labs acquires CyBallOfficial and moves to Web3 Gaming
The CyBall football play-to-earn project has announced that it has reached an agreement to be acquired by Coin98 Labs, the developer of the Coin98 Super App. According to the altcoin developers, this acquisition will help CyBall have more new capital to realize the vision and bring the project to a new development division. In the statement made by Coin98 Labs, the following words were included:
The Coin98 and CyBallOfficial teams strongly believe in the potential of Web3 gaming and its importance not only as an industry that defines the essence of crypto, but also as a crucial tool to guide mainstream adoption.
Coin98 and @CyBallOfficial teams strongly believe in the potential of #Web3gaming and its importance as a sector that not only defines the essence of crypto but also as a crucial vehicle to guide mainstream adoption.
— Coin98 Labs (@coin98_labs) December 8, 2022
Coincheck Labs supports Web3 development
Coincheck Labs, the accelerator and venture capital arm of the Coincheck crypto exchange, has invested in UnUniFi Protocol, a Layer-1 blockchain and NFT Finance (NFTFI) service. The value of the financing has not yet been disclosed. According to a press release by Coincheck Labs, the UnUniFi Protocol allows users to borrow cryptocurrency holdings using their NFTs as collateral.
Exmo.com announced that it has listed this altcoin project
Global cryptocurrency exchange Exmo.com has announced that it has listed blockchain-based e-commerce altcoin project ECS. Users with Exmo.com active accounts can now deposit and exchange ECS in pairs for Bitcoin (BTC) and Euro (EUR). The exchange also announced that it has launched an airdrop event.
eCredits (ECS) airdrop for most active https://t.co/jRlf18hh9c traders 🪂
We recently added a new #crypto, eCredits (#ECS) – the currency for everyday use. Today the @eCredits_com project will hold a special #airdrop to welcome it being listed on our exchange. Find out more now! pic.twitter.com/gNjtn2Whkr
— EXMO.com (@Exmo_Com) December 7, 2022
Leading altcoin will enable stETH withdrawals next year
After Ethereum successfully transitioned to the proof-of-stake consensus model in September, network developers planned to accelerate their Shanghai upgrades. Therefore, they planned the much anticipated Ethereum hard fork upgrade for early March next year. The success of this upgrade will allow users to withdraw their locked staked Ether (stETH) on the Beacon Chain.
Wave Financial hires new finance director
Wave Financial LLC, the SEC-regulated digital asset investment management company, announced the appointment of Harumi Urata-Thompson as its Chief Financial Officer. The chief financial officer will report to Chief Executive Officer David Siemer. As Director of Finance, Harumi will play a key role in advancing Wave’s financial strategy and expanding its infrastructure to support the firm’s growing and increasingly sophisticated client base.
Bitso, partner of popular altcoin Ripple, partners with Félix Pago
Bitso, partner of popular altcoin Ripple and Latin America’s largest cryptocurrency exchange, has partnered with leading remittance provider Félix Pago to offer cross-border settlements from the US to Mexico. Under the partnership, users can conveniently send Whatsapp-based cryptocurrency-enabled payments from the United States to Mexico.
🔥 JUST IN: Ripple Partner Bitso and Félix Pago Team Up on Remittences from US to Mexicohttps://t.co/ah6WpjydVQ #xrp $xrp #XRPCommunity #crypto #blockchain pic.twitter.com/ICymwg7VsF
— Cryptic Poet (@1CrypticPoet) December 8, 2022
OKCoin Japan to list meme altcoin SHIB’)
OKCoin Japan, one of Japan’s largest cryptocurrency exchanges and the Japanese subsidiary of digital asset conglomerate OK Group, has confirmed its plans to list Shiba Inu (SHIB).
＼SHIBの取扱い／
OKCoinJapanでは2023年2月に#シバイヌ $SHIB の取扱いを予定しています。
■対象サービス
取引所（板取引）、販売所■取扱い開始
2023年2月中旬
※詳細の日程は決まり次第、改めてお知らせします。https://t.co/B7DI4WuYmQ#SHIB pic.twitter.com/fDLpbwMoUk— OKCoinJapan（オーケーコイン・ジャパン） (@OKCoinJapan) December 9, 2022
This altcoin started the airdrop event
As we reported as Kriptokoin.com, Ankr (ANKR) faced a hack attack last week. ANKR launched the airdrop program to compensate for the losses of users affected by the attack.
