Critical for These 14 Altcoins Today: Important Announcements Made!

Toward the weekend, new announcements came, especially major altcoins like Shiba Inu and Ethereum. We have compiled the highlights of the day from 14 altcoin projects.

Important developments of the day from 14 altcoin projects

• Solana-based decentralized exchange Mango Markets announced that it will change its multi-signature (Multi-Sig) feature to reduce security threats after its $114 million hack in October.
• DeFi platform ZigZag has announced that it will airdrop 35,000,000 ZZ tokens. The airdrop will be held in 7 rounds and will receive 110,000 wallet shares. ZigZag is giving away 35% of its supply with this airdrop.
• The Internet of Services Token (IOST), an enterprise-grade Blockchain system, announced the launch of the Blockchain v2 system. With V2, investors who hold more than 1,000 IOST tokens in their wallet will have a say in the management.
• Swarm Network has announced that it has increased the rewards given to node operators. According to the official announcement, the earnings of the operators will increase by roughly 6000 times.
• DAO Maker (MKR) gained 8.5% after being listed on cryptocurrency exchange Coinstore.

Important news from Ethereum and Polygon

• Ethereum developer Tim Beiko has announced that they are planning a new testnet called Holli. The release of Holli, expected later this year, could improve the testing environment for node operators, client and application developers.
• Blockchain development firm Eclipse has released Polygon SVM, a standalone aggregation network built for the Polygon network and compatible with Solana. Polygon SVM will use SeaLevel Virtual Machine (SVM) and Optimistic Rollups, allowing Solana developers to migrate their applications to Polygon.
• Floki developers have announced that their Floki token will soon be available as collateral to borrow a basket of cryptocurrencies on Venus Protocol, the second largest lending platform on BNB Chain. Venus will integrate FLOKI into its platform, thus allowing FLOKI holders on BSC to borrow USDT, USDC, BNB and other cryptos while using FLOKI tokens as collateral.
• On-chain data showed that Polygon was heavily bought by Ethereum whales ahead of the zkEVM launch. According to data provided by WhaleStats, the accumulation of the 5,000 largest ETH whales owned by MATIC has risen to $204.7 million.
• Popular video game brand PlayStation has signaled a collaboration with Shiba Inu (SHIB) in a new game. The dog animation in the tweet was interpreted as a reference to SHIB.

• Phantom Insider tweeted the highlights of the recent developments in the FTM ecosystem. The highlight shared in the tweet was the completed integration of Time Weighted Average Price (TWAP) swaps. You can continue the details in the tweet below.

• cryptocoin.com As we have reported, Gate.io has started transactions for Shiba’s ecosystem token BONE as of today. BONE gained around 3% in the first hours of listing.
• GateHub has launched a card funding option for its XRP Ledger wallet. The new product will be used by all Visa and MasterCard holders in the EU.
• Terra Classic developers have announced their plans to apply for the Binance Industry Recovery Grant. We are currently awaiting feedback from the community and, with a positive outcome, Terra Classic will apply to Binance’s recovery fund.