The cryptocurrency market is testing critical resistance levels before the weekend. Meanwhile, there are a number of important announcements from Cardano (ADA) and Shiba to Dogecoin and Ethereum. Here are the hottest developments of the week…
Cardano (ADA)-based COTI announces key partnership for Djed stablecoin
- COTI, a leading enterprise-grade fintech company based on the Cardano network, has announced a partnership with cloud computing platform Lagon. The partnership will enable Lagon to integrate the Djed stablecoin into its upcoming market for decentralized computing resources.
- Cryptocurrency miner Bit Digital has reported that it has produced no Ethereum (ETH) even though it has produced more than 60 Bitcoins over the past month.
- A key market metric known as the “stETH discount” has sparked market speculation that Celsius Network may lose a large stake.
- New York’s Southern District Judge, Judge Sarah Netburn, has appealed to the SEC for its slippery stance on the controversial William Hinman speech that has become the center of the SEC lawsuit against Ripple.
- Dogecoin announced that it is seeking translators, developers and writers to join its community and help develop its vision of a global Dogecoin.
- According to DefiLlama data, the TVL of FluidTokens, a Cardano-based finance lending platform, jumped over 54,000% last month.
Ankr Network has stopped its new version for more flexible nodes
- The Ethereum network successfully applied the ninth update to complete the merge.
- Web3 infrastructure provider Ankr Network (ANKR) has introduced the Ankr Network 2.0 upgrade aimed at transforming their blockchain into more flexible node networks.
- UnCaged Studios, the developers behind the web3 esports game MonkeyLeague, has closed its $24 million Series A funding round. The tour brought the total value of the organization to over $150 million.
- COTI Network has announced that the protocol will go through a hard fork where they will deploy MultiDAG 2.0. According to the official statement, COTI Network will go through a hard fork where MultiDAG 2.0 will be deployed. The MultiDAG 2.0 protocol was designed to allow branded enterprise tokens to be created and minted on the COTI Network’s Trust Chain.
- XT.com announced that CRYPTOKKI has listed the local currency TOKKI. TOKKI is now open to transactions in USDT parity on XT.com.
Important senses for these altcoins came from my Binance
- Binance has added the LIT token to the Binance Loans platform as a collateral asset.
- Binance has completed the Airdrop of Origin Dollar Governance (OGV) to Origin Protocol (OGN) holders.
- According to the official statement shared by the Flare Network (FLR) team, the Genesis event took place on June 14, 2022.
- Coin Cloud has announced an update to its crypto wallet that allows seamless use of nearly 6,000 Bitcoin ATMs and cryptocurrency machines (DCM) operating in the US and Brazil. The listed cryptocurrencies include Cardano (ADA), Nano (XNO), Sushiswap (SUSHI), Algorand (ALGO), Polygon (MATIC), OMG Network (OMG), and Apecoin (APE). cryptocoin.comWe have given the details in this article.
- Participated in ETHBarcelona, one of the most anticipated events for the global Ethereum (ETH) community, according to the official statement shared by the Cross Staking team.
