Hot Developments for SHIB, XRP and These 16 Altcoins!

The Shiba Inu (SHIB) team announced in a new announcement that it has completely disconnected from Ryoshi Vision. There is also important news from Ripple, SushiSwap and selected altcoin projects.

Shiba Inu takes over SHIB Burn Portal completely

• The Terra Classic community has launched a petition to get the LUNC token listed on Coinbase. The petition has now reached over 3,000 signatures. The community urges Coinbase to list it as LUNC is “quickly regaining its position in the crypto market.”
• The Stellar Development Foundation has launched a $100 million fund to support local smart contract adoption. SDF will encourage developers to develop the Soroban smart contract platform, which officially went live on Futurenet on October 11.
• The dYdX Foundation has announced that Charles d’Haussy will take over as its new CEO. Charles d’Haussy will be chiefly responsible for the community and development of the dYdX DAO.
• Orderly Network has completed its transition to the mainnet. The launch will power the WOOFi DEX decentralized exchange with Orderly’s orderbook infrastructure. It will also give professional traders access to deep liquidity.
• Shiba Inu (SHIB) has announced that it has completely taken over the official token burn portal. In this context, Ryoshi Vision (RYOSHI) has completely terminated its relationship with the team.

An anonymous wallet burned 135 million SHIB in one go

• Anonymous wallet burned 135.89 million SHIB in a single transaction. Thus, it caused the Shiba Inu’s burning rate to exceed 425% compared to the previous day.
• Wietse Wind, the lead developer of XRP Ledger, reports that a launcher solution has been added to the Xumm wallet. With the innovation, users will be able to purchase XRP for fiat, especially directly from their bank accounts through Xumm.
• In other news about Ripple, XRPL Labs has announced that its long-awaited on/off ramp service has finally been released in the Netherlands. It also shared its plans to expand to other parts of Europe and the UK.
• SushiSwap executive Jared Gray denied the theft allegations against him. Gray was accused of stealing funds from the crypto community from a project called ALQO in 2019 after he introduced the wallet called Liberio, which was used to steal 70% of the token’s total supply. Gray argued that all the accusations were “untrue”.
• XT.COM, the world’s first social exchange, announced that it will list the LINKS token. LINKS token is based on Binance Smart Chain (BSC). The token is currently trading on XT.COM.

CACHE Gold integrates Chainlink into Polygon network

• CACHE Gold announced that it has integrated Chainlink Proof of Reserve into the Polygon network. After integration, CACHE Gold users can now access CGT tokens on Polygon in a 1:1 ratio.
• Coinbase announced that it supports deposits and withdrawals for 00 Token (00). 00 trades are currently open for trades on double pairs.
• Ethereum’s supply decreased by 3,000 ETH. Additionally, the number of new Ethereum addresses reached a 10-month high of 5,044,161. cryptocoin.comAs we quoted, some analysts say this is a sign of a rally.
• Tron has teamed up with Dominica to issue a “national fan token”. As part of the cooperation, there is the possibility that the Dominican government will accept taxes with TRX, JST, BTT and USDT.
• Bitcoin-specific lending platform Sovryn has announced that it has raised $5.4 million in its latest funding round. The funding round was led by General Catalyst. The firm will use the proceeds from the funding round to provide financial autonomy to people around the world.
• Boba Network, the Hybrid Compute platform, has positioned its execution layer on Moonbeam to become the first live Layer-2.
• According to a new announcement, a police department in Firozabad, India will now receive complaints through Polygon. Complaints will automatically fall into the police system after going through the ReCaptcha verification system. There will then be a token number for each complaint and the complaint process will be followed from this number.